NASDAQ:NOVT - Novanta Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $76.47 +1.11 (+1.47 %) (As of 02/20/2019 04:00 PM ET)Previous Close$75.36Today's Range$75.70 - $77.8352-Week Range$49.60 - $78.85Volume101,125 shsAverage Volume126,024 shsMarket Capitalization$2.67 billionP/E Ratio47.79Dividend YieldN/ABeta1.5 ProfileDiscussionAnalyst RatingsChartEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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 Current SymbolNASDAQ:NOVT Previous SymbolNASDAQ:GSIG CUSIPN/A Webwww.novanta.com Phone781-266-5700Debt Debt-to-Equity Ratio0.69 Current Ratio2.89 Quick Ratio1.97Price-To-Earnings Trailing P/E Ratio47.79 Forward P/E Ratio36.24 P/E GrowthN/A Sales & Book Value Annual Sales$521.29 million Price / Sales5.12 Cash Flow$2.5730 per share Price / Cash Flow29.72 Book Value$9.01 per share Price / Book8.49Profitability EPS (Most Recent Fiscal Year)$1.60 Net Income$60.05 million Net Margins6.18% Return on Equity18.95% Return on Assets8.74%Miscellaneous Employees2,034 Outstanding Shares34,905,000Market Cap$2.67 billion OptionableOptionable 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) issued its earnings results on Wednesday, August, 8th. The technology company reported $0.51 EPS for the quarter, topping analysts' consensus estimates of $0.49 by $0.02. The technology company earned $150.40 million during the quarter, compared to the consensus estimate of $147.26 million. Novanta had a net margin of 6.18% and a return on equity of 18.95%. The company's revenue was up 26.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.41 earnings per share. View Novanta's Earnings History. When is Novanta's next earnings date? Novanta is scheduled to release their next quarterly earnings announcement on Wednesday, February 27th 2019. View Earnings Estimates for Novanta. How can I listen to Novanta's earnings call? Novanta will be holding an earnings conference call on Wednesday, February 27th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8883463959. What price target have analysts set for NOVT? 2 equities research analysts have issued 1-year 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 29.4%. 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. Has Novanta been receiving favorable news coverage? Media headlines about NOVT stock have been trending neutral this week, InfoTrie reports. The research group ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Novanta earned a coverage optimism score of 0.3 on InfoTrie's scale. They also assigned news articles about the technology company a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the company's share price in the immediate future. Who are some of Novanta's key competitors? Some companies that are related to Novanta include CAE (CAE), Energizer (ENR), Spectrum Brands (SPB), Integer (ITGR), Atkore International Group (ATKR), Electro Scientific Industries (ESIO), Maxwell Technologies (MXWL), Ultralife (ULBI), Arotech (ARTX), FuelCell Energy (FCEL), Flux Power (FLUX), Polar Power (POLA), Highpower International (HPJ), Sono-Tek (SOTK) and CBAK Energy Technology (CBAT). Who are Novanta's key executives? Novanta's management team includes the folowing people: Mr. Matthijs Glastra, CEO & Director (Age 50)Mr. Robert J. Buckley, Chief Financial Officer (Age 45)Mr. Brian S. Young, Chief HR Officer (Age 50)Mr. Peter L. Chang, VP, Corp. Controller & Chief Accounting Officer (Age 54)Mr. Heinrich Dreyer, Group Pres of Minimally Invasive Surgery Who are Novanta's major shareholders? Novanta's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.51%), Dimensional Fund Advisors LP (3.14%), Paradice Investment Management LLC (2.38%), Conestoga Capital Advisors LLC (1.92%), Northern Trust Corp (1.30%) and Geode Capital Management LLC (1.09%). Company insiders that own Novanta stock include Matthijs Glastra, Peter L Chang, Robert Buckley and Stephen W Bershad. View Institutional Ownership Trends for Novanta. Which institutional investors are selling Novanta stock? NOVT stock was sold by a variety of institutional investors in the last quarter, including KAMES CAPITAL plc, Eagle Asset Management Inc., Royce & Associates LP, AlphaOne Investment Services LLC, PNC Financial Services Group Inc., Mackenzie Financial Corp, Paradice Investment Management LLC and Anderson Hoagland & Co.. Company insiders that have sold Novanta company stock in the last year include Matthijs Glastra, Peter L Chang, Robert Buckley and Stephen W Bershad. View Insider Buying and Selling for Novanta. Which institutional investors are buying Novanta stock? NOVT stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Stifel Financial Corp, D. E. Shaw & Co. Inc., Geode Capital Management LLC, Congress Asset Management Co. MA, Conestoga Capital Advisors LLC, Telemark Asset Management LLC and Lisanti Capital Growth 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 $76.47. How big of a company is Novanta? Novanta has a market capitalization of $2.67 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: 2.8 out of 5 ( )Outperform Votes: 165 (Vote Outperform)Underperform Votes: 134 (Vote Underperform)Total Votes: 299MarketBeat'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 2/20/2019 by MarketBeat.com StaffFeatured Article: What is the Current Ratio?