Novanta Stock Forecast, Price & News

Novanta (NASDAQ:NOVT) Frequently Asked Questions

Is Novanta a buy right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Novanta in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" Novanta stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NOVT, but not buy additional shares or sell existing shares.
View analyst ratings for Novanta or view top-rated stocks.

How has Novanta's stock price been impacted by Coronavirus?

Novanta's stock was trading at $79.04 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, NOVT shares have increased by 82.5% and is now trading at $144.27.
View which stocks have been most impacted by COVID-19.

When is Novanta's next earnings date?

Novanta is scheduled to release its next quarterly earnings announcement on Tuesday, March 1st 2022.
View our earnings forecast for Novanta.

How can I listen to Novanta's earnings call?

Novanta will be holding an earnings conference call on Tuesday, March 1st at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Novanta's earnings last quarter?

Novanta Inc. (NASDAQ:NOVT) released its quarterly earnings results on Tuesday, November, 9th. The technology company reported $0.75 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.60 by $0.15. The technology company had revenue of $177.73 million for the quarter, compared to analyst estimates of $172.06 million. Novanta had a trailing twelve-month return on equity of 18.21% and a net margin of 7.51%. Novanta's revenue was up 24.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.42 EPS.
View Novanta's earnings history.

What guidance has Novanta issued on next quarter's earnings?

Novanta issued an update on its FY 2021 earnings guidance on Tuesday, December, 7th. The company provided earnings per share guidance of $2.550-$2.620 for the period, compared to the Thomson Reuters consensus estimate of $2.450. The company issued revenue guidance of $693 million-$703 million, compared to the consensus revenue estimate of $689.89 million.

Who are Novanta's key executives?

Novanta's management team includes the following people:

• Matthijs Glastra, Chairman & Chief Executive Officer (LinkedIn Profile)
• Robert John Buckley, Chief Financial Officer (LinkedIn Profile)
• Sarah Betadam, Chief Information Officer
• Peter Aka Lei Chang, Chief Accounting Officer, VP & Controller
• Kitty Sahin, VP-Strategy & Business Development

What is Matthijs Glastra's approval rating as Novanta's CEO?

44 employees have rated Novanta CEO Matthijs Glastra on Glassdoor.com. Matthijs Glastra has an approval rating of 87% among Novanta's employees.

Who are some of Novanta's key competitors?

Some companies that are related to Novanta include CAE (CAE), QuantumScape (QS), Atkore (ATKR), Spectrum Brands (SPB), Fluence Energy (FLNC), EnerSys (ENS), Integer (ITGR), Energizer (ENR), Rodgers Silicon Valley Acquisition (ENVX), Stem (STEM), Microvast (MVST), FREYR Battery (FREY), ESS Tech (GWH), Novus Capital Co. II (NXU) and Ivanhoe Capital Acquisition (IVAN).
View all of NOVT's competitors.

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 a variety of retail and institutional investors. Top institutional shareholders include Conestoga Capital Advisors LLC (3.44%), Spire Wealth Management (0.29%), Exchange Traded Concepts LLC (0.04%), Baillie Gifford & Co. (0.02%) and Koshinski Asset Management Inc. (0.00%). Company insiders that own Novanta stock include Brian S Young, Matthijs Glastra, Peter L Chang and Robert Buckley.
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 Exchange Traded Concepts LLC, and Koshinski Asset Management Inc.. Company insiders that have sold Novanta company stock in the last year include Matthijs Glastra, and Robert Buckley.
View insider buying and selling activity for Novanta or view top insider-selling stocks.

Which institutional investors are buying Novanta stock?

NOVT stock was purchased by a variety of institutional investors in the last quarter, including Conestoga Capital Advisors LLC, Baillie Gifford & Co., and Spire Wealth Management.
View insider buying and selling activity for Novanta or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is Novanta's stock price today?

One share of NOVT stock can currently be purchased for approximately $144.27.

How much money does Novanta make?

Novanta has a market capitalization of $5.14 billion and generates $590.62 million in revenue each year. The technology company earns $44.52 million in net income (profit) each year or $1.38 on an earnings per share basis.

How many employees does Novanta have?

Novanta employs 2,200 workers across the globe.

What is Novanta's official website?

The official website for Novanta is www.novanta.com.

Where are Novanta's headquarters?

Novanta is headquartered at 125 Middlesex Turnpike, Bedford MA, 01730.

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, via email at [email protected], or via fax at 781-266-5114.