Novanta Stock Price, News & Analysis (NASDAQ:NOVT)

$54.00 +0.15 (+0.28 %)
(As of 02/23/2018 04:00 PM ET)
Previous Close$54.00
Today's Range$53.65 - $55.57
52-Week Range$23.75 - $60.30
Volume99,336 shs
Average Volume262,626 shs
Market Capitalization$1.87 billion
P/E Ratio32.14
Dividend YieldN/A
Beta1.33

About Novanta (NASDAQ:NOVT)

Novanta logoNovanta Inc., formerly GSI Group Inc., designs, develops, manufactures and sells precision photonic and motion control components and subsystems. The Company's segments are Photonics, Vision and Precision Motion. The Photonics segment designs, manufactures and markets photonics-based solutions, including carbon dioxide (CO2) laser sources, laser scanning and laser beam delivery products, to customers around the world. The Vision Technologies segment designs, manufactures and markets a range of medical grade technologies, including visualization solutions, imaging informatics products, optical data collection and machine vision technologies, radio frequency identification (RFID) technologies, and thermal printers, to customers around the world. The Company's Precision Motion segment designs, manufactures and markets optical encoders, precision motors and other motion control technology, air bearing spindles and precision machined components to customers around the world.

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Industry, Sector and Symbol

Industry Electronic Component
Sub-IndustryN/A
SectorIndustrials
SymbolNASDAQ:NOVT
CUSIPN/A
Phone+1-781-2665618

Debt

Debt-to-Equity Ratio0.76%
Current Ratio2.93%
Quick Ratio2.00%

Price-To-Earnings

Trailing P/E Ratio32.1428571428571
Forward P/E Ratio34.18
P/E GrowthN/A

Sales & Book Value

Annual Sales$384.76 million
Price / Sales4.85
Cash Flow$1.67 per share
Price / Cash32.35
Book Value$7.52 per share
Price / Book7.18

Profitability

Trailing EPS$1.68
Net Income$22 million
Net Margins12.45%
Return on Equity18.29%
Return on Assets9.56%

Miscellaneous

Employees1,269
Outstanding Shares34,590,000

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) posted its quarterly earnings results on Wednesday, November, 1st. The technology company reported $0.45 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.37 by $0.08. The technology company had revenue of $146.30 million for the quarter, compared to the consensus estimate of $132.10 million. Novanta had a return on equity of 18.29% and a net margin of 12.45%. The firm's quarterly revenue was up 49.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.29 EPS. View Novanta's Earnings History.

When will Novanta make its next earnings announcement?

Novanta is scheduled to release their next quarterly earnings announcement on Wednesday, February, 28th 2018. View Earnings Estimates for Novanta.

Where is Novanta's stock going? Where will Novanta's stock price be in 2018?

1 analysts have issued 12 month price targets for Novanta's shares. Their predictions range from $54.00 to $54.00. On average, they expect Novanta's stock price to reach $54.00 in the next year. View Analyst Ratings for Novanta.

Who are some of Novanta's key competitors?

Who are Novanta's key executives?

Novanta's management team includes the folowing people:

  • Stephen W. Bershad, Independent Chairman of the Board (Age 75)
  • Matthijs Glastra, Chief Executive Officer, Director (Age 48)
  • Robert J. Buckley, Chief Financial Officer (Age 42)
  • Brian S. Young, Chief Human Resource Officer (Age 48)
  • Dennis J. Fortino, Independent Director (Age 70)
  • Ira J. Lamel, Independent Director (Age 69)
  • Dominic A. Romeo, Independent Director (Age 57)
  • Thomas N. Secor, Independent Director (Age 46)

Who owns Novanta stock?

Novanta's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Wells Fargo & Company MN (6.66%), BlackRock Inc. (5.84%), BERSHAD STEPHEN W (5.23%), Paradice Investment Management LLC (3.65%), Renaissance Technologies LLC (3.23%) and NWQ Investment Management Company LLC (1.63%). Company insiders that own Novanta stock include Peter L Chang, Robert Buckley and Stephen W Bershad. View Institutional Ownership Trends for Novanta.

Who sold Novanta stock? Who is selling Novanta stock?

Novanta's stock was sold by a variety of institutional investors in the last quarter, including Paradice Investment Management LLC, NWQ Investment Management Company LLC, Cove Street Capital LLC, Eagle Boston Investment Management Inc., Royce & Associates LP, Bank of New York Mellon Corp, Corbyn Investment Management Inc. MD and Kennedy Capital Management Inc.. View Insider Buying and Selling for Novanta.

Who bought Novanta stock? Who is buying Novanta stock?

Novanta's stock was purchased by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Vident Investment Advisory LLC, Arrowstreet Capital Limited Partnership, Cortina Asset Management LLC, BlackRock Inc., Thames Capital Management LLC, Renaissance Technologies LLC and Schroder Investment Management Group. View Insider Buying and Selling for Novanta.

How do I buy Novanta stock?

Shares of Novanta 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 Novanta stock can currently be purchased for approximately $54.00.

How big of a company is Novanta?

Novanta has a market capitalization of $1.87 billion and generates $384.76 million in revenue each year. The technology company earns $22 million in net income (profit) each year or $1.68 on an earnings per share basis. Novanta employs 1,269 workers across the globe.

How can I contact Novanta?

Novanta's mailing address is 125 Middlesex Tpke, BEDFORD, MA 01730-1409, United States. The technology company can be reached via phone at +1-781-2665618 or via email at [email protected]


MarketBeat Community Rating for Novanta (NOVT)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  66 (Vote Outperform)
Underperform Votes:  54 (Vote Underperform)
Total Votes:  120
MarketBeat's community ratings are surveys of what our community members think about Novanta and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Novanta (NASDAQ:NOVT) Analysts' Consensus Rating

  (How are Consensus Ratings Calculated?)
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyN/AN/A
Consensus Rating Score: 3.003.00N/AN/A
Ratings Breakdown: 0 Sell Rating(s)
0 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $54.00$54.00N/AN/A
Price Target Upside: 17.90% upside17.90% upsideN/AN/A

Novanta (NASDAQ:NOVT) Consensus Price Target History

Price Target History for Novanta (NASDAQ:NOVT)

Novanta (NASDAQ:NOVT) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
12/7/2017Robert W. BairdInitiated CoverageOutperform -> Outperform$54.00HighView Rating Details
(Data available from 2/23/2016 forward)

Earnings

Novanta (NASDAQ:NOVT) Earnings History and Estimates Chart

Earnings by Quarter for Novanta (NASDAQ:NOVT)

Novanta (NASDAQ NOVT) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/28/2018$0.41N/AView Earnings Details
11/1/2017Q3 2017$0.37$0.45$132.10 million$146.30 millionViewN/AView Earnings Details
8/3/2017Q2 2017$0.32$0.41$111.40 million$119.10 millionViewListenView Earnings Details
5/8/2017Q1 2017$0.24$0.31$101.20 million$109.00 millionViewListenView Earnings Details
3/6/2017Q4 2016$0.28$0.35$99.70 million$98.90 millionViewListenView Earnings Details
11/2/2016Q316$0.27$0.29$97.80 million$97.80 millionViewN/AView Earnings Details
8/2/2016Q216$0.24$0.27$95.50 million$97.70 millionViewN/AView Earnings Details
5/6/2016Q116$0.18$0.18$88.90 million$90.30 millionViewN/AView Earnings Details
3/2/2016Q415$0.21$0.29$91.20 million$90.20 millionViewN/AView Earnings Details
11/4/2015Q3$0.20$0.24$92.60 million$92.30 millionViewN/AView Earnings Details
8/5/2015Q215$0.20$0.20$93.50 million$96.50 millionViewN/AView Earnings Details
5/7/2015Q1$0.16$0.20$88.90 million$94.60 millionViewN/AView Earnings Details
3/4/2015Q414$0.19$0.24$95.02 million$94.00 millionViewN/AView Earnings Details
11/5/2014Q314$0.19$0.23$95.60 million$94.66 millionViewN/AView Earnings Details
8/6/2014Q214$0.17$0.19$93.68 million$96.90 millionViewN/AView Earnings Details
5/6/2014Q114$0.09$0.14$75.63 million$79.13 millionViewN/AView Earnings Details
3/11/2014Q413$0.14$0.13$88.00 million$87.70 millionViewN/AView Earnings Details
11/5/2013Q313$0.12$0.15$85.80 million$85.50 millionViewN/AView Earnings Details
8/6/2013Q2 2013$0.02$0.14$84.84 million$85.31 millionViewN/AView Earnings Details
5/8/2013Q1 2013$0.13$0.14$82.43 million$83.11 millionViewN/AView Earnings Details
3/12/2013Q4 2012$0.13$0.44$65.67 million$66.40 millionViewN/AView Earnings Details
11/7/2012Q312$0.15$0.22$69.98 million$69.50 millionViewN/AView Earnings Details
8/7/2012Q2 2012$0.22$0.19ViewN/AView Earnings Details
5/8/2012Q1 2012$0.12$0.09ViewN/AView Earnings Details
3/14/2012Q4 2011$0.09$0.11ViewN/AView Earnings Details
11/10/2011Q3 2011$0.23$0.26ViewN/AView Earnings Details
8/11/2011Q2 2011$0.21$0.32ViewN/AView Earnings Details
5/16/2011Q1 2011$0.08$0.20ViewN/AView Earnings Details
3/28/2011Q4 2010$0.04($0.04)ViewN/AView Earnings Details
11/18/2010Q3 2010($0.04)ViewN/AView Earnings Details
7/31/2008Q2 2008$0.06$0.08ViewN/AView Earnings Details
4/30/2008Q1 2008$0.18$0.15ViewN/AView Earnings Details
2/27/2008Q4 2007$0.42$0.37ViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Estimates

Novanta (NASDAQ:NOVT) Earnings Estimates

Current Year EPS Consensus Estimate: $1.58 EPS
Next Year EPS Consensus Estimate: $1.85 EPS

Dividends

Dividend History for Novanta (NASDAQ:NOVT)


No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Novanta (NASDAQ NOVT) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 8.30%
Institutional Ownership Percentage: 80.50%
Insider Trades by Quarter for Novanta (NASDAQ:NOVT)
Institutional Ownership by Quarter for Novanta (NASDAQ:NOVT)

Novanta (NASDAQ NOVT) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
11/27/2017Stephen W BershadDirectorSell500,000$52.55$26,275,000.001,711,648View SEC Filing  
8/19/2016Peter L ChangVPSell1,000$17.13$17,130.0029,720View SEC Filing  
5/16/2016Robert BuckleyCFOSell9,000$15.00$135,000.00169,188View SEC Filing  
11/19/2015Matthijs GlastraCOOSell3,795$14.00$53,130.0046,858View SEC Filing  
5/18/2015John A RoushCEOSell10,000$14.54$145,400.00View SEC Filing  
5/14/2015Robert BuckleyCFOSell8,100$14.66$118,746.00View SEC Filing  
5/12/2014Deborah MulryanVPSell16,244$12.50$203,050.00View SEC Filing  
5/9/2014Robert BuckleyCFOSell20,000$12.37$247,400.00117,183View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Novanta (NASDAQ NOVT) News Headlines

Source:
DateHeadline
 Brokerages Set $54.00 Price Target for Novanta Inc (NOVT) Brokerages Set $54.00 Price Target for Novanta Inc (NOVT)
www.americanbankingnews.com - February 21 at 5:34 PM
Novanta (NOVT) Set to Announce Quarterly Earnings on WednesdayNovanta (NOVT) Set to Announce Quarterly Earnings on Wednesday
www.americanbankingnews.com - February 21 at 4:28 AM
Novanta (NOVT) versus The Competition Critical ComparisonNovanta (NOVT) versus The Competition Critical Comparison
www.americanbankingnews.com - February 18 at 1:44 PM
Analysts Expect Novanta Inc (NOVT) to Announce $0.41 Earnings Per ShareAnalysts Expect Novanta Inc (NOVT) to Announce $0.41 Earnings Per Share
www.americanbankingnews.com - February 18 at 12:08 PM
Novanta (NOVT) and Its Competitors Critical ReviewNovanta (NOVT) and Its Competitors Critical Review
www.americanbankingnews.com - February 18 at 3:16 AM
Novanta (NOVT) Downgraded by BidaskClub to "Hold"Novanta (NOVT) Downgraded by BidaskClub to "Hold"
www.americanbankingnews.com - February 17 at 10:28 PM
Critical Contrast: Novanta (NOVT) and Its PeersCritical Contrast: Novanta (NOVT) and Its Peers
www.americanbankingnews.com - February 17 at 3:20 PM
Novanta (NOVT) & Its Peers Financial SurveyNovanta (NOVT) & Its Peers Financial Survey
www.americanbankingnews.com - February 17 at 12:20 PM
Head-To-Head Analysis: Novanta (NOVT) vs. The CompetitionHead-To-Head Analysis: Novanta (NOVT) vs. The Competition
www.americanbankingnews.com - February 17 at 5:12 AM
Novanta to Participate at the BTIG Healthcare Conference on Thursday, March 1, 2018Novanta to Participate at the BTIG Healthcare Conference on Thursday, March 1, 2018
finance.yahoo.com - February 16 at 4:53 PM
Novanta (NOVT) vs. The Competition Head to Head SurveyNovanta (NOVT) vs. The Competition Head to Head Survey
www.americanbankingnews.com - February 15 at 8:58 AM
Zacks: Novanta Inc (NOVT) Given Average Rating of "Strong Buy" by BrokeragesZacks: Novanta Inc (NOVT) Given Average Rating of "Strong Buy" by Brokerages
www.americanbankingnews.com - February 15 at 1:28 AM
Analyzing Novanta (NOVT) & Its RivalsAnalyzing Novanta (NOVT) & Its Rivals
www.americanbankingnews.com - February 13 at 5:20 PM
Head to Head Analysis: Novanta (NOVT) versus Its RivalsHead to Head Analysis: Novanta (NOVT) versus Its Rivals
www.americanbankingnews.com - February 12 at 1:24 PM
Critical Survey: Novanta (NOVT) versus Its CompetitorsCritical Survey: Novanta (NOVT) versus Its Competitors
www.americanbankingnews.com - February 11 at 5:12 PM
Novanta (NOVT) & Its Rivals Head to Head ComparisonNovanta (NOVT) & Its Rivals Head to Head Comparison
www.americanbankingnews.com - February 11 at 3:21 PM
Head-To-Head Analysis: Novanta (NOVT) & Its PeersHead-To-Head Analysis: Novanta (NOVT) & Its Peers
www.americanbankingnews.com - February 11 at 3:22 AM
Novanta Inc. Schedules Earnings Release and Conference Call for Wednesday, February 28, 2018Novanta Inc. Schedules Earnings Release and Conference Call for Wednesday, February 28, 2018
finance.yahoo.com - February 9 at 4:43 PM
Novanta (NOVT) versus The Competition Head-To-Head ReviewNovanta (NOVT) versus The Competition Head-To-Head Review
www.americanbankingnews.com - February 9 at 3:16 AM
Head to Head Comparison: Novanta (NOVT) & Its RivalsHead to Head Comparison: Novanta (NOVT) & Its Rivals
www.americanbankingnews.com - February 8 at 1:30 PM
Critical Analysis: Novanta (NOVT) versus The CompetitionCritical Analysis: Novanta (NOVT) versus The Competition
www.americanbankingnews.com - February 8 at 5:10 AM
Reviewing Novanta (NOVT) & Its RivalsReviewing Novanta (NOVT) & Its Rivals
www.americanbankingnews.com - February 8 at 3:02 AM
Novanta (NOVT) & Its Competitors Head to Head ContrastNovanta (NOVT) & Its Competitors Head to Head Contrast
www.americanbankingnews.com - February 8 at 3:02 AM
Financial Comparison: Novanta (NOVT) and Its RivalsFinancial Comparison: Novanta (NOVT) and Its Rivals
www.americanbankingnews.com - February 6 at 11:06 PM
Head-To-Head Survey: Novanta (NOVT) & Its RivalsHead-To-Head Survey: Novanta (NOVT) & Its Rivals
www.americanbankingnews.com - February 5 at 5:14 PM
Reviewing Novanta (NOVT) and The CompetitionReviewing Novanta (NOVT) and The Competition
www.americanbankingnews.com - February 5 at 1:14 AM
Novanta (NOVT) and Its Peers Head to Head SurveyNovanta (NOVT) and Its Peers Head to Head Survey
www.americanbankingnews.com - February 4 at 9:08 PM
Novanta (NOVT) versus NVE (NVEC) Head to Head AnalysisNovanta (NOVT) versus NVE (NVEC) Head to Head Analysis
www.americanbankingnews.com - February 4 at 1:20 PM
Analyzing Novanta (NOVT) and Its RivalsAnalyzing Novanta (NOVT) and Its Rivals
www.americanbankingnews.com - February 2 at 7:08 PM
IPG Photonics (IPGP) and Novanta (NOVT) Financial ContrastIPG Photonics (IPGP) and Novanta (NOVT) Financial Contrast
www.americanbankingnews.com - February 2 at 4:00 PM
Contrasting Novanta (NOVT) & The CompetitionContrasting Novanta (NOVT) & The Competition
www.americanbankingnews.com - February 2 at 2:52 PM
Comparing Novanta (NOVT) and Its PeersComparing Novanta (NOVT) and Its Peers
www.americanbankingnews.com - February 1 at 1:28 PM
Reviewing Novanta (NOVT) and Its RivalsReviewing Novanta (NOVT) and Its Rivals
www.americanbankingnews.com - January 31 at 9:12 PM
Zacks: Novanta Inc (NOVT) Given Consensus Recommendation of "Strong Buy" by BrokeragesZacks: Novanta Inc (NOVT) Given Consensus Recommendation of "Strong Buy" by Brokerages
www.americanbankingnews.com - January 31 at 1:20 PM
Head to Head Comparison: Novanta (NOVT) and Its PeersHead to Head Comparison: Novanta (NOVT) and Its Peers
www.americanbankingnews.com - January 31 at 3:44 AM
Analyzing NVE (NVEC) & Novanta (NOVT)Analyzing NVE (NVEC) & Novanta (NOVT)
www.americanbankingnews.com - January 30 at 11:12 PM
Analyzing Novanta (NOVT) and KEMET (KEM)Analyzing Novanta (NOVT) and KEMET (KEM)
www.americanbankingnews.com - January 30 at 3:18 AM
Critical Comparison: Novanta (NOVT) & Its CompetitorsCritical Comparison: Novanta (NOVT) & Its Competitors
www.americanbankingnews.com - January 30 at 1:02 AM
Novanta (NOVT) vs. Its Peers Financial SurveyNovanta (NOVT) vs. Its Peers Financial Survey
www.americanbankingnews.com - January 30 at 1:02 AM
Contrasting IPG Photonics (IPGP) and Novanta (NOVT)Contrasting IPG Photonics (IPGP) and Novanta (NOVT)
www.americanbankingnews.com - January 29 at 9:22 AM
Financial Analysis: Novanta (NOVT) vs. Its PeersFinancial Analysis: Novanta (NOVT) vs. Its Peers
www.americanbankingnews.com - January 28 at 1:18 PM
Zacks: Analysts Set $54.00 Price Target for Novanta Inc (NOVT)Zacks: Analysts Set $54.00 Price Target for Novanta Inc (NOVT)
www.americanbankingnews.com - January 28 at 11:34 AM
Critical Review: NVE (NVEC) versus Novanta (NOVT)Critical Review: NVE (NVEC) versus Novanta (NOVT)
www.americanbankingnews.com - January 28 at 3:20 AM
Reviewing Novanta (NOVT) & Its PeersReviewing Novanta (NOVT) & Its Peers
www.americanbankingnews.com - January 27 at 1:06 PM
Head-To-Head Contrast: Novanta (NOVT) versus Its RivalsHead-To-Head Contrast: Novanta (NOVT) versus Its Rivals
www.americanbankingnews.com - January 27 at 8:20 AM
BidaskClub Lowers Novanta (NOVT) to BuyBidaskClub Lowers Novanta (NOVT) to Buy
www.americanbankingnews.com - January 27 at 6:40 AM
Novanta (NOVT) and Its Peers Head-To-Head ComparisonNovanta (NOVT) and Its Peers Head-To-Head Comparison
www.americanbankingnews.com - January 26 at 5:06 AM
Novanta (NOVT) & Its Rivals Head-To-Head ReviewNovanta (NOVT) & Its Rivals Head-To-Head Review
www.americanbankingnews.com - January 25 at 11:34 AM
Financial Contrast: Novanta (NOVT) vs. Its CompetitorsFinancial Contrast: Novanta (NOVT) vs. Its Competitors
www.americanbankingnews.com - January 24 at 3:32 PM
Zacks: Novanta Inc (NOVT) Receives Average Recommendation of "Strong Buy" from BrokeragesZacks: Novanta Inc (NOVT) Receives Average Recommendation of "Strong Buy" from Brokerages
www.americanbankingnews.com - January 23 at 7:12 PM

SEC Filings

Novanta (NASDAQ:NOVT) SEC Filings

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Social Media

Financials

Novanta (NASDAQ:NOVT) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Novanta (NASDAQ NOVT) Stock Chart for Friday, February, 23, 2018

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This page was last updated on 2/23/2018 by MarketBeat.com Staff

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