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Cassava Sciences Stock Undervalued with Its $124 Price Target?
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
The Next Big Crisis Is Here (Ad)
Trustees picked by DeSantis may change progressive college
Qatar replaces Russian company in Lebanon gas exploration
Is This The End of Capitalism? (Ad)
France must raise pension age to 64, prime minister says
Elon Musk's mysterious ways on display in Tesla tweet trial
Is This The End of Capitalism? (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Cassava Sciences Stock Undervalued with Its $124 Price Target?
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
The Next Big Crisis Is Here (Ad)
Trustees picked by DeSantis may change progressive college
Qatar replaces Russian company in Lebanon gas exploration
Is This The End of Capitalism? (Ad)
France must raise pension age to 64, prime minister says
Elon Musk's mysterious ways on display in Tesla tweet trial
Is This The End of Capitalism? (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Cassava Sciences Stock Undervalued with Its $124 Price Target?
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
The Next Big Crisis Is Here (Ad)
Trustees picked by DeSantis may change progressive college
Qatar replaces Russian company in Lebanon gas exploration
Is This The End of Capitalism? (Ad)
France must raise pension age to 64, prime minister says
Elon Musk's mysterious ways on display in Tesla tweet trial
Is This The End of Capitalism? (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Cassava Sciences Stock Undervalued with Its $124 Price Target?
NASDAQ:NOVT

Novanta - NOVT Stock Forecast, Price & News

$160.77
-0.63 (-0.39%)
(As of 01/27/2023 08:55 PM ET)
Add
Compare
Today's Range
$159.60
$162.15
50-Day Range
$133.09
$161.40
52-Week Range
$110.84
$162.48
Volume
73,600 shs
Average Volume
95,189 shs
Market Capitalization
$5.74 billion
P/E Ratio
79.20
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
0.60mentions of Novanta in the last 14 days
Based on 7 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.

1.84 out of 5 stars

Computer And Technology Sector

465th out of 630 stocks

Miscellaneous Electrical Machinery, Equipment, & Supplies Industry

17th 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

Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
Novanta Third Quarter 2022 Earnings: Beats Expectations
Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
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
1/30/2023
Next Earnings (Estimated)
3/07/2023
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
$3.86 per share
Book Value
$14.64 per share

Miscellaneous

Free Float
35,190,000
Market Cap
$5.74 billion
Optionable
Optionable
Beta
1.30

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 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 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 2023. Since then, NOVT stock has increased by 18.3% and is now trading at $160.77.
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 Tuesday, March 7th 2023.
View our NOVT earnings forecast
.

How were Novanta's earnings last quarter?

Novanta Inc. (NASDAQ:NOVT) issued its earnings results on Tuesday, November, 8th. The technology company reported $0.81 EPS for the quarter, beating the consensus estimate of $0.73 by $0.08. The technology company earned $222.96 million during the quarter, compared to the consensus estimate of $215.01 million. Novanta had a net margin of 8.62% and a trailing twelve-month return on equity of 20.16%.

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

Novanta issued an update on its first quarter 2023 earnings guidance on Tuesday, January, 10th. The company provided earnings per share 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 many different institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (2.91%), Exchange Traded Concepts LLC (0.35%), Comerica Bank (0.35%), Ziegler Capital Management LLC (0.21%), Moody Aldrich Partners LLC (0.09%) and Natixis Advisors L.P. (0.08%). 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 $160.77.

How much money does Novanta make?

Novanta (NASDAQ:NOVT) has a market capitalization of $5.74 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 1/30/2023 by MarketBeat.com Staff