S&P 500   3,852.36
DOW   32,920.46
QQQ   311.72
Retirement Plans in 2023: Choosing the Right Account
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Mullen Automotive Stock Gains Momentum On Positive News
Apple’s Earnings, Expectations and Surprises
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Cathie Woods' Ark Innovation ETF Set To Rebound in 2023?
The Bottom Is In For Meta Platforms, Volatility Is Not Over
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Exxon Mobil Could Gush To New Highs Very Soon 
Closing prices for crude oil, gold and other commodities
S&P 500   3,852.36
DOW   32,920.46
QQQ   311.72
Retirement Plans in 2023: Choosing the Right Account
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Mullen Automotive Stock Gains Momentum On Positive News
Apple’s Earnings, Expectations and Surprises
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Cathie Woods' Ark Innovation ETF Set To Rebound in 2023?
The Bottom Is In For Meta Platforms, Volatility Is Not Over
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Exxon Mobil Could Gush To New Highs Very Soon 
Closing prices for crude oil, gold and other commodities
S&P 500   3,852.36
DOW   32,920.46
QQQ   311.72
Retirement Plans in 2023: Choosing the Right Account
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Mullen Automotive Stock Gains Momentum On Positive News
Apple’s Earnings, Expectations and Surprises
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Cathie Woods' Ark Innovation ETF Set To Rebound in 2023?
The Bottom Is In For Meta Platforms, Volatility Is Not Over
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Exxon Mobil Could Gush To New Highs Very Soon 
Closing prices for crude oil, gold and other commodities
S&P 500   3,852.36
DOW   32,920.46
QQQ   311.72
Retirement Plans in 2023: Choosing the Right Account
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Mullen Automotive Stock Gains Momentum On Positive News
Apple’s Earnings, Expectations and Surprises
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Cathie Woods' Ark Innovation ETF Set To Rebound in 2023?
The Bottom Is In For Meta Platforms, Volatility Is Not Over
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Exxon Mobil Could Gush To New Highs Very Soon 
Closing prices for crude oil, gold and other commodities
NASDAQ:NOVT

Novanta - NOVT Stock Forecast, Price & News

$170.58
+2.67 (+1.59%)
(As of 02/2/2023 12:00 AM ET)
Add
Compare
Today's Range
$168.85
$173.10
50-Day Range
$133.09
$170.58
52-Week Range
$110.84
$173.10
Volume
159,887 shs
Average Volume
102,699 shs
Market Capitalization
$6.09 billion
P/E Ratio
84.03
Dividend Yield
N/A
Price Target
N/A

Novanta MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Bearish
4.47% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.73mentions of Novanta in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$7.01 M Sold Last Quarter
Proj. Earnings Growth
7.97%
From $3.01 to $3.25 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.85 out of 5 stars

Computer And Technology Sector

391st out of 614 stocks

Miscellaneous Electrical Machinery, Equipment, & Supplies Industry

10th out of 25 stocks

NOVT stock logo

About Novanta (NASDAQ:NOVT) Stock

Novanta, Inc. engages in the provision of core technology solutions to healthcare and advanced industrial original equipment manufacturers. It operates through the following segments: Photonics, Vision, and Precision Motion. The Photonics segment designs, manufactures, and markets photonics-based solutions, including laser scanning and laser beam delivery, CO2 laser, continuous wave and ultrafast laser, and optical light engine products. The Vision segment offers 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 Precision Motion segment includes optical encoders, precision motor and motion control technology, air bearing spindles, and precision machined components to customers. The company was founded in 1968 and is headquartered in Bedford, MA.

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NOVT Stock News Headlines

Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
Novanta Third Quarter 2022 Earnings: Beats Expectations
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
Laser Technology Global Market Report 2022 - Yahoo Finance
Novanta Inc. (NOVT)
Novanta Inc NOVT Stock Chart
See More Headlines
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NOVT Company Calendar

Last Earnings
11/08/2022
Today
2/02/2023
Next Earnings (Confirmed)
3/01/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Miscellaneous electrical machinery, equipment, & supplies
Sub-Industry
N/A
Current Symbol
NASDAQ:NOVT
Previous Symbol
NASDAQ:GSIG
Employees
2,700
Year Founded
N/A

Profitability

Net Income
$50.33 million
Pretax Margin
10.35%

Debt

Sales & Book Value

Annual Sales
$706.79 million
Cash Flow
$4.07 per share
Book Value
$14.64 per share

Miscellaneous

Free Float
35,190,000
Market Cap
$6.09 billion
Optionable
Optionable
Beta
1.31

Key Executives

  • Matthijs GlastraMatthijs Glastra
    Chairman & Chief Executive Officer
  • Robert John BuckleyRobert John Buckley
    Chief Financial Officer
  • Sarah Betadam
    Chief Information Officer
  • Peter Aka Lei Chang
    Chief Accounting Officer, VP & Controller
  • Charlie Webster
    EVP-Novanta Growth System & Global Supply Chain













NOVT Stock - Frequently Asked Questions

Should I buy or sell Novanta stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Novanta in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" NOVT shares.
View NOVT analyst ratings
or view top-rated stocks.

How have NOVT shares performed in 2023?

Novanta's stock was trading at $135.87 at the beginning of the year. Since then, NOVT shares have increased by 25.5% and is now trading at $170.58.
View the best growth stocks for 2023 here
.

When is Novanta's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 1st 2023.
View our NOVT earnings forecast
.

How can I listen to Novanta's earnings call?

Novanta will be holding an earnings conference call on Wednesday, March 1st at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Novanta's earnings last quarter?

Novanta Inc. (NASDAQ:NOVT) posted its quarterly earnings data on Tuesday, November, 8th. The technology company reported $0.81 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.73 by $0.08. The technology company had revenue of $222.96 million for the quarter, compared to analysts' expectations of $215.01 million. Novanta had a trailing twelve-month return on equity of 20.16% and a net margin of 8.62%.

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

Novanta updated its first quarter 2023 earnings guidance on Tuesday, January, 10th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $118.00 million-$122.00 million, compared to the consensus revenue estimate of $218.31 million.

What is Matthijs Glastra's approval rating as Novanta's CEO?

44 employees have rated Novanta Chief Executive Officer Matthijs Glastra on Glassdoor.com. Matthijs Glastra has an approval rating of 87% among the company's employees.

What other stocks do shareholders of Novanta own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Novanta investors own include NVIDIA (NVDA), Alibaba Group (BABA), Gilead Sciences (GILD), Intuitive Surgical (ISRG), Lam Research (LRCX), Altria Group (MO), AT&T (T), Abiomed (ABMD), Advanced Micro Devices (AMD) and Broadcom (AVGO).

What is Novanta's stock symbol?

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

Who are Novanta's major shareholders?

Novanta's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Conestoga Capital Advisors LLC (3.92%), Allspring Global Investments Holdings LLC (2.91%), DekaBank Deutsche Girozentrale (0.42%), New York State Common Retirement Fund (0.40%), Exchange Traded Concepts LLC (0.35%) and Comerica Bank (0.35%). Insiders that own company stock include Brian S Young, Matthijs Glastra, Peter L Chang, Robert Buckley and Thomas N Secor.
View institutional ownership trends
.

How do I buy shares of Novanta?

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

What is Novanta's stock price today?

One share of NOVT stock can currently be purchased for approximately $170.58.

How much money does Novanta make?

Novanta (NASDAQ:NOVT) has a market capitalization of $6.09 billion and generates $706.79 million in revenue each year. The technology company earns $50.33 million in net income (profit) each year or $2.03 on an earnings per share basis.

How many employees does Novanta have?

The company employs 2,700 workers across the globe.

How can I contact Novanta?

Novanta's mailing address is 125 Middlesex Turnpike, Bedford MA, 01730. The official website for the company is www.novanta.com. The technology company can be reached via phone at (781) 266-5700, via email at investorrelations@novanta.com, or via fax at 781-266-5114.

This page (NASDAQ:NOVT) was last updated on 2/3/2023 by MarketBeat.com Staff