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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

See Top Rated MarketRank™ Stocks Here

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

January 26, 2023 | americanbankingnews.com
Matthijs Glastra Sells 6,500 Shares of Novanta Inc. (NASDAQ:NOVT) Stock
January 18, 2023 | finance.yahoo.com
Here's Why We Think Novanta (NASDAQ:NOVT) Is Well Worth Watching
January 30, 2023 | Porter & Company (Ad)
Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
December 13, 2022 | finance.yahoo.com
Novanta to Present at the CJS Securities 23rd Annual New Ideas for the New Year Investor Conference on Wednesday, January 11, 2023
December 12, 2022 | finance.yahoo.com
Novanta to Present at the J.P. Morgan Healthcare Conference on Tuesday, January 10, 2023
November 24, 2022 | finance.yahoo.com
Those who invested in Novanta (NASDAQ:NOVT) five years ago are up 221%
November 10, 2022 | finance.yahoo.com
Novanta Third Quarter 2022 Earnings: Beats Expectations
November 8, 2022 | finance.yahoo.com
Novanta Announces Financial Results for the Third Quarter 2022
January 30, 2023 | Porter & Company (Ad)
Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
October 26, 2022 | finance.yahoo.com
Is Novanta Inc. (NASDAQ:NOVT) Worth US$136 Based On Its Intrinsic Value?
October 20, 2022 | businesswire.com
Celera Motion Introduces World's Smallest, Fastest Servo Drive - Business Wire
October 14, 2022 | finance.yahoo.com
Motion Control Market by Offering, System, Industry and Region - Global Forecast to 2027 - Yahoo Finance
October 13, 2022 | finance.yahoo.com
Novanta to Present at the Baird 2022 Global Industrial Conference on Wednesday, November 9, 2022
October 13, 2022 | finance.yahoo.com
Novanta Inc. (NASDAQ:NOVT) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap? - Yahoo Finance
October 11, 2022 | finance.yahoo.com
Novanta Inc. (NASDAQ:NOVT) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
October 10, 2022 | benzinga.com
Novanta Inc. Schedules Earnings Release and Conference Call for Tuesday, November 8, 2022 - Novanta (NASD - Benzinga
October 10, 2022 | finance.yahoo.com
Novanta Inc. Schedules Earnings Release and Conference Call for Tuesday, November 8, 2022
September 30, 2022 | finance.yahoo.com
Laser Technology Global Market Report 2022 - Yahoo Finance
September 28, 2022 | globenewswire.com
Laser Marking Market by Laser Type, Industry, Offering, Application, Method, Material and Region - Global Forecast to 2027 - GlobeNewswire
September 26, 2022 | finance.yahoo.com
Laser Marking Market by Laser Type, Industry, Offering, Application, Method, Material and Region - Global Forecast to 2027 - Yahoo Finance
September 26, 2022 | globenewswire.com
Laser Technology Market Size is expected to reach at USD - GlobeNewswire
September 25, 2022 | finance.yahoo.com
Novanta Inc. (NOVT)
September 19, 2022 | benzinga.com
Laser Marking Market worth $4.1 Billion USD by 2027, at CAGR of 7.2% - Ucommune International (NASDAQ:UK) - Benzinga
September 10, 2022 | nasdaq.com
At US$135, Is It Time To Put Novanta Inc. (NASDAQ:NOVT) On Your Watch List? - Nasdaq
September 9, 2022 | morningstar.com
Novanta Inc NOVT Stock Chart
September 8, 2022 | globenewswire.com
Laser Technology Market is expected to generate a revenue of USD 24.51 Billion by 2030, Globally, at 5.98% CAGR: Verified Market Research - GlobeNewswire
September 8, 2022 | finance.yahoo.com
Here's What To Make Of Novanta's (NASDAQ:NOVT) Decelerating Rates Of Return
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
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Miscellaneous electrical machinery, equipment, & supplies
Sub-Industry
N/A
Sector
Computer and Technology
Current Symbol
NASDAQ:NOVT
Previous Symbol
NASDAQ:GSIG
CUSIP
N/A
CIK
1076930
Web
www.novanta.com
Phone
(781) 266-5700
Fax
781-266-5114
Employees
2,700
Year Founded
N/A

Profitability

EPS (Most Recent Fiscal Year)
$2.03
Trailing P/E Ratio
79.20
Forward P/E Ratio
53.41
P/E Growth
N/A
Net Income
$50.33 million
Net Margins
8.62%
Pretax Margin
10.35%
Return on Equity
20.16%
Return on Assets
8.86%

Debt

Debt-to-Equity Ratio
0.81
Current Ratio
2.58
Quick Ratio
1.55

Sales & Book Value

Annual Sales
$706.79 million
Price / Sales
8.12
Cash Flow
$3.86 per share
Price / Cash Flow
41.69
Book Value
$14.64 per share
Price / Book
10.98

Miscellaneous

Outstanding Shares
35,690,000
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

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













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