Novanta (NOVT) Competitors

CAE (NYSE:CAE) and Novanta (NASDAQ:NOVT) are both mid-cap aerospace companies, but which is the superior business? We will compare the two companies based on the strength of their earnings, community ranking, dividends, risk, institutional ownership, valuation, profitability, media sentiment and analyst recommendations.

Is CAE or NOVT more profitable?

Novanta has a net margin of 6.52% compared to CAE's net margin of -4.96%. Novanta's return on equity of 15.20% beat CAE's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
CAE	-4.96%	6.11%	2.67%
Novanta	6.52%	15.20%	7.80%

Do analysts prefer CAE or NOVT?

CAE presently has a consensus target price of $32.00, suggesting a potential upside of 27.56%. Novanta has a consensus target price of $160.00, suggesting a potential upside of 32.46%. Given Novanta's higher possible upside, analysts clearly believe Novanta is more favorable than CAE.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
CAE	0 Sell rating(s)	8 Hold rating(s)	3 Buy rating(s)	0 Strong Buy rating(s)	2.27
Novanta	0 Sell rating(s)	1 Hold rating(s)	0 Buy rating(s)	0 Strong Buy rating(s)	2.00

Do institutionals and insiders believe in CAE or NOVT?

67.4% of CAE shares are owned by institutional investors. Comparatively, 98.3% of Novanta shares are owned by institutional investors. 18.3% of CAE shares are owned by insiders. Comparatively, 1.2% of Novanta shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Which has more risk & volatility, CAE or NOVT?

CAE has a beta of 1.39, indicating that its share price is 39% more volatile than the S&P 500. Comparatively, Novanta has a beta of 1.42, indicating that its share price is 42% more volatile than the S&P 500.

Does the media prefer CAE or NOVT?

In the previous week, Novanta had 4 more articles in the media than CAE. MarketBeat recorded 10 mentions for Novanta and 6 mentions for CAE. Novanta's average media sentiment score of 1.49 beat CAE's score of 1.04 indicating that Novanta is being referred to more favorably in the news media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
CAE	4 Very Positive mention(s)	1 Positive mention(s)	1 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive
Novanta	8 Very Positive mention(s)	0 Positive mention(s)	1 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive

Does the MarketBeat Community prefer CAE or NOVT?

CAE received 269 more outperform votes than Novanta when rated by MarketBeat users. However, 71.63% of users gave Novanta an outperform vote while only 62.17% of users gave CAE an outperform vote.

Company	Underperform	Outperform
CAE	Outperform Votes 572 62.17%	Underperform Votes 348 37.83%
Novanta	Outperform Votes 303 71.63%	Underperform Votes 120 28.37%

Which has better valuation & earnings, CAE or NOVT?

Novanta has lower revenue, but higher earnings than CAE. CAE is trading at a lower price-to-earnings ratio than Novanta, indicating that it is currently the more affordable of the two stocks.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
CAE	$4.56B	1.76	-$225.35M	-$0.52	-48.24
Novanta	$949.25M	4.58	$72.88M	$1.78	67.86

Summary

Novanta beats CAE on 13 of the 18 factors compared between the two stocks.