NASDAQ:NOVT - Novanta Stock Price, News, & Analysis

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$66.25 -1.02 (-1.52 %)

(As of 10/18/2018 04:00 PM ET)

Previous Close$67.27

Today's Range$65.60 - $67.19

52-Week Range$43.65 - $78.85

Volume117,500 shs

Average Volume218,678 shs

Market Capitalization$2.37 billion

P/E Ratio41.57

Dividend YieldN/A

Beta1.59

Novanta Inc., together with its subsidiaries, designs, manufactures, markets, and sells photonics, vision, and precision motion components and sub-systems to original equipment manufacturers in the medical and industrial markets worldwide. The company's Photonics segment offers photonics-based solutions, including laser scanning and laser beam delivery, CO2 laser, continuous wave and ultrafast laser, and optical light engine products for photonics-based applications, such as industrial material processing, metrology, medical and life science imaging, DNA sequencing, and medical laser procedures. Its Vision segment provides a range of medical grade technologies, including medical insufflators, pumps, and related disposables; surgical displays and operating room integration technologies; optical data collection and machine vision technologies; radio frequency identification technologies; thermal printers; spectrometry technologies; and embedded touch screen solutions. The company's Precision Motion segment offers optical encoders, precision motor and motion control technology, air bearing spindles, and precision machined components. The company sells its products through its direct sales force, resellers, distributors, and system integrators under the Cambridge Technology, Lincoln Laser, ExoTec Precision, Synrad, Laser Quantum, WOM, Lemke, NDS, NDSsi, Reach Technology, JADAK, Skyetek, ThingMagic, Photo Research, General Scanning, Celera Motion, MicroE, Applimotion, and Westwind brands. Novanta Inc. was founded in 1968 and is headquartered in Bedford, Massachusetts.

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Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Miscellaneous electrical machinery, equipment, & supplies

Sub-IndustryN/A

SectorComputer and Technology

SymbolNASDAQ:NOVT

CUSIPN/A

Webwww.novanta.com

Phone781-266-5700

Debt

Debt-to-Equity Ratio0.61

Current Ratio3.18

Quick Ratio2.14

Price-To-Earnings

Trailing P/E Ratio41.57

Forward P/E Ratio33.13

P/E GrowthN/A

Sales & Book Value

Annual Sales$521.29 million

Price / Sales4.40

Cash Flow$2.4419 per share

Price / Cash27.13

Book Value$9.01 per share

Price / Book7.35

Profitability

EPS (Most Recent Fiscal Year)$1.60

Net Income$60.05 million

Net Margins5.14%

Return on Equity19.99%

Return on Assets8.99%

Miscellaneous

Employees2,034

Outstanding Shares34,660,000

Market Cap$2.37 billion

Novanta (NASDAQ:NOVT) Frequently Asked Questions

What is Novanta's stock symbol?

Novanta trades on the NASDAQ under the ticker symbol "NOVT."

How were Novanta's earnings last quarter?

Novanta Inc (NASDAQ:NOVT) posted its quarterly earnings results on Wednesday, August, 8th. The technology company reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.49 by $0.02. The technology company had revenue of $150.40 million for the quarter, compared to analyst estimates of $147.26 million. Novanta had a return on equity of 19.99% and a net margin of 5.14%. Novanta's revenue for the quarter was up 26.3% compared to the same quarter last year. During the same period last year, the company earned $0.41 EPS. View Novanta's Earnings History.

When is Novanta's next earnings date?

Novanta is scheduled to release their next quarterly earnings announcement on Tuesday, November 6th 2018. View Earnings Estimates for Novanta.

How can I listen to Novanta's earnings call?

Novanta will be holding an earnings conference call on Tuesday, November 6th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8778704263.

What guidance has Novanta issued on next quarter's earnings?

Novanta issued an update on its FY18 earnings guidance on Wednesday, August, 8th. The company provided EPS guidance of $1.96-2.02 for the period, compared to the Thomson Reuters consensus estimate of $1.99. The company issued revenue guidance of $600-607 million, compared to the consensus revenue estimate of $601.80 million.Novanta also updated its Q3 guidance to $0.50-0.53 EPS.

What price target have analysts set for NOVT?

2 equities research analysts have issued 1 year price targets for Novanta's shares. Their predictions range from $54.00 to $54.00. On average, they anticipate Novanta's stock price to reach $54.00 in the next twelve months. This suggests that the stock has a possible downside of 18.5%. View Analyst Price Targets for Novanta.

What is the consensus analysts' recommendation for Novanta?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Novanta in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Novanta.

Who are some of Novanta's key competitors?

Some companies that are related to Novanta include CAE (CAE), Spectrum Brands (SPB), Energizer (ENR), HRG Group (HRG), Integer (ITGR), Atkore International Group (ATKR), Electro Scientific Industries (ESIO), Maxwell Technologies (MXWL), Ultralife (ULBI), FuelCell Energy (FCEL), Arotech (ARTX), Flux Power (FLUX), Polar Power (POLA), Highpower International (HPJ) and Sono-Tek (SOTK).

Who are Novanta's key executives?

Novanta's management team includes the folowing people:

Mr. Matthijs Glastra, CEO & Director (Age 49)
Mr. Robert J. Buckley, Chief Financial Officer (Age 44)
Mr. Brian S. Young, Chief HR Officer (Age 49)
Mr. Peter L. Chang, VP, Corp. Controller & Chief Accounting Officer (Age 53)
Mr. Heinrich Dreyer, Group Pres of Minimally Invasive Surgery

Who are Novanta's major shareholders?

Novanta's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include KAMES CAPITAL plc (1.50%), Essex Investment Management Co. LLC (0.19%), Anderson Hoagland & Co. (0.10%), Empowered Funds LLC (0.06%) and North Growth Management Ltd. (0.03%). Company insiders that own Novanta stock include Peter L Chang, Robert Buckley and Stephen W Bershad. View Institutional Ownership Trends for Novanta.

Which major investors are selling Novanta stock?

NOVT stock was sold by a variety of institutional investors in the last quarter, including North Growth Management Ltd., Anderson Hoagland & Co. and Empowered Funds LLC. Company insiders that have sold Novanta company stock in the last year include Peter L Chang, Robert Buckley and Stephen W Bershad. View Insider Buying and Selling for Novanta.

Which major investors are buying Novanta stock?

NOVT stock was purchased by a variety of institutional investors in the last quarter, including KAMES CAPITAL plc and Essex Investment Management Co. LLC. View Insider Buying and Selling for Novanta.

How do I buy shares of Novanta?

Shares of NOVT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Novanta's stock price today?

One share of NOVT stock can currently be purchased for approximately $66.25.

How big of a company is Novanta?

Novanta has a market capitalization of $2.37 billion and generates $521.29 million in revenue each year. The technology company earns $60.05 million in net income (profit) each year or $1.60 on an earnings per share basis. Novanta employs 2,034 workers across the globe.

What is Novanta's official website?

The official website for Novanta is http://www.novanta.com.

How can I contact Novanta?

Novanta's mailing address is 125 Middlesex Turnpike, Bedford MA, 01730. The technology company can be reached via phone at 781-266-5700 or via email at [email protected]

MarketBeat Community Rating for Novanta (NASDAQ NOVT)

Community Ranking:		2.7 out of 5 ( )
Outperform Votes:		135 (Vote Outperform)
Underperform Votes:		116 (Vote Underperform)
Total Votes:		251

MarketBeat's community ratings are surveys of what our community members think about Novanta and other stocks. Vote "Outperform" if you believe NOVT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NOVT will underperform the S&P 500 over the long term. You may vote once every thirty days.

This page was last updated on 10/18/2018 by MarketBeat.com Staff

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