NASDAQ:NOVT - Novanta Stock Price, Price Target & More Sign in or create an account to add this stock to your watchlist. Get Started $65.15 -0.45 (-0.69 %) (As of 07/16/2018 04:00 PM ET)Previous Close$65.60Today's Range$64.15 - $65.8052-Week Range$36.05 - $68.00Volume161,600 shsAverage Volume221,716 shsMarket Capitalization$2.28 billionP/E Ratio40.47Dividend YieldN/ABeta1.5 Company ProfileFinancialsAnalyst RatingsEarnings HistoryInsider TradesHeadlinesOptions ChainSEC FilingsSocial MediaChart Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email 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. Receive NOVT News and Ratings via Email Sign-up to receive the latest news and ratings for NOVT and its competitors with MarketBeat's FREE daily newsletter. 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 Phone781-266-5618 Debt Debt-to-Equity Ratio0.70 Current Ratio3.25 Quick Ratio2.18 Price-To-Earnings Trailing P/E Ratio40.47 Forward P/E Ratio32.74 P/E GrowthN/A Sales & Book Value Annual Sales$521.29 million Price / Sales4.34 Cash Flow$2.5038 per share Price / Cash26.02 Book Value$9.01 per share Price / Book7.23 Profitability EPS (Most Recent Fiscal Year)$1.60 Net Income$60.05 million Net Margins5.14% Return on Equity20.02% Return on Assets9.12% Miscellaneous Employees2,034 Outstanding Shares34,700,000Market Cap$2,276.12 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) announced its quarterly earnings results on Tuesday, May, 8th. The technology company reported $0.47 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.40 by $0.07. The technology company had revenue of $147 million for the quarter, compared to the consensus estimate of $139.55 million. Novanta had a net margin of 5.14% and a return on equity of 20.02%. Novanta's revenue for the quarter was up 34.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.31 EPS. View Novanta's Earnings History. When is Novanta's next earnings date? Novanta is scheduled to release their next quarterly earnings announcement on Wednesday, August, 8th 2018. View Earnings Estimates for Novanta. What guidance has Novanta issued on next quarter's earnings? Novanta updated its FY18 earnings guidance on Tuesday, May, 8th. The company provided EPS guidance of $1.93 to $2.02 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.89. The company issued revenue guidance of $590-605 million, compared to the consensus revenue estimate of $592.91 million.Novanta also updated its Q2 guidance to $0.47-0.50 EPS. What price target have analysts set for NOVT? 2 Wall Street analysts have issued twelve-month price objectives for Novanta's stock. Their forecasts range from $54.00 to $54.00. On average, they anticipate Novanta's share price to reach $54.00 in the next year. This suggests that the stock has a possible downside of 17.1%. View Analyst Ratings 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." Who are some of Novanta's key competitors? Some companies that are related to Novanta include CAE (CAE), Spectrum Brands, Inc. Common Stock (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), Polar Power (POLA), Flux Power (FLUX), 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 Has Novanta been receiving favorable news coverage? News articles about NOVT stock have been trending somewhat positive this week, Accern Sentiment reports. Accern rates the sentiment of media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Novanta earned a news impact score of 0.15 on Accern's scale. They also assigned press coverage about the technology company an impact score of 46.05 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next few days. Who are Novanta's major shareholders? Novanta's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include KAMES CAPITAL plc (1.44%) and Empowered Funds LLC (0.07%). Company insiders that own Novanta stock include Peter L Chang, Robert Buckley and Stephen W Bershad. View Institutional Ownership Trends for Novanta. Which institutional investors are buying Novanta stock? NOVT stock was acquired by a variety of institutional investors in the last quarter, including KAMES CAPITAL plc and Empowered Funds 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 $65.15. How big of a company is Novanta? Novanta has a market capitalization of $2.28 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. 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 781-266-5618 or via email at [email protected] MarketBeat Community Rating for Novanta (NASDAQ NOVT)Community Ranking: 2.7 out of 5 ( )Outperform Votes: 103 (Vote Outperform)Underperform Votes: 86 (Vote Underperform)Total Votes: 189MarketBeat'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 7/16/2018 by MarketBeat.com StaffFeatured Article: What is a closed-end mutual fund (CEF)?