NASDAQ:NOVT - Novanta Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $66.01 -0.54 (-0.81 %) (As of 01/23/2019 04:00 PM ET)Previous Close$66.55Today's Range$64.99 - $67.0652-Week Range$48.40 - $78.85Volume74,600 shsAverage Volume139,853 shsMarket Capitalization$2.30 billionP/E Ratio41.26Dividend YieldN/ABeta1.55 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 Ratio41.26 Forward P/E Ratio31.28 P/E GrowthN/A Sales & Book Value Annual Sales$521.29 million Price / Sales4.42 Cash Flow$2.3969 per share Price / Cash Flow27.54 Book Value$9.01 per share Price / Book7.33Profitability 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$2.30 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 quarterly earnings results on Tuesday, November, 6th. The technology company reported $0.61 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.52 by $0.09. The technology company had revenue of $160.79 million for the quarter, compared to analysts' expectations of $154.43 million. Novanta had a return on equity of 18.95% and a net margin of 6.18%. Novanta's revenue was up 9.9% on a year-over-year basis. During the same quarter last year, the business posted $0.45 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, February 27th 2019. View Earnings Estimates for Novanta. What guidance has Novanta issued on next quarter's earnings? Novanta issued an update on its FY18 earnings guidance on Tuesday, November, 6th. The company provided EPS guidance of $2.07-2.12 for the period, compared to the Thomson Reuters consensus estimate of $2.00. The company issued revenue guidance of $610-614 million, compared to the consensus revenue estimate of $605.10 million. What price target have analysts set for NOVT? 2 brokers 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 year. This suggests that the stock has a possible downside of 18.2%. 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? News coverage about NOVT stock has been trending negative this week, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Novanta earned a news sentiment score of -2.0 on InfoTrie's scale. They also gave news stories about the technology company a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an effect on the company's share price in the near future. Who are some of Novanta's key competitors? Some companies that are related to Novanta include CAE (CAE), Spectrum Brands (SPB), Energizer (ENR), Integer (ITGR), Atkore International Group (ATKR), Electro Scientific Industries (ESIO), Maxwell Technologies (MXWL), Ultralife (ULBI), Arotech (ARTX), Flux Power (FLUX), FuelCell Energy (FCEL), Polar Power (POLA), Sono-Tek (SOTK), Highpower International (HPJ) 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 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 many different of institutional and retail investors. Top institutional shareholders include Anderson Hoagland & Co. (0.07%), Navellier & Associates Inc (0.06%), KAMES CAPITAL plc (0.05%), Juncture Wealth Strategies LLC (0.02%), Strs Ohio (0.00%) and Bank of Montreal Can (0.00%). 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 major investors are selling Novanta stock? NOVT stock was sold by a variety of institutional investors in the last quarter, including KAMES CAPITAL plc, Anderson Hoagland & Co. and Navellier & Associates Inc. 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 major investors are buying Novanta stock? NOVT stock was acquired by a variety of institutional investors in the last quarter, including Juncture Wealth Strategies LLC, Strs Ohio and Bank of Montreal Can. 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 $66.01. How big of a company is Novanta? Novanta has a market capitalization of $2.30 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: 155 (Vote Outperform)Underperform Votes: 128 (Vote Underperform)Total Votes: 283MarketBeat'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 1/23/2019 by MarketBeat.com StaffFeatured Article: Why do corrections happen?