Novanta (NOVT) Competitors

Novanta (NASDAQ:NOVT) and Regal Rexnord (NYSE:RRX) are both mid-cap computer and technology companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, dividends, profitability, analyst recommendations, community ranking, earnings, valuation, risk and media sentiment.

Is NOVT or RRX more profitable?

Novanta has a net margin of 6.52% compared to Regal Rexnord's net margin of 3.25%. Novanta's return on equity of 15.20% beat Regal Rexnord's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Novanta	6.52%	15.20%	7.80%
Regal Rexnord	3.25%	9.57%	4.17%

Which has more volatility & risk, NOVT or RRX?

Novanta has a beta of 1.51, suggesting that its stock price is 51% more volatile than the S&P 500. Comparatively, Regal Rexnord has a beta of 1.11, suggesting that its stock price is 11% more volatile than the S&P 500.

Which has better earnings and valuation, NOVT or RRX?

Regal Rexnord has higher revenue and earnings than Novanta. Regal Rexnord 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
Novanta	$951.70M	4.68	$72.88M	$1.96	63.14
Regal Rexnord	$5.90B	1.50	$196.20M	$3.51	38.07

Do analysts prefer NOVT or RRX?

Novanta currently has a consensus target price of $160.00, indicating a potential upside of 29.29%. Regal Rexnord has a consensus target price of $171.25, indicating a potential upside of 28.17%. Given Novanta's higher possible upside, analysts plainly believe Novanta is more favorable than Regal Rexnord.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Novanta	0 Sell rating(s)	1 Hold rating(s)	0 Buy rating(s)	0 Strong Buy rating(s)	2.00
Regal Rexnord	0 Sell rating(s)	1 Hold rating(s)	8 Buy rating(s)	0 Strong Buy rating(s)	2.89

Do insiders & institutionals have more ownership in NOVT or RRX?

98.3% of Novanta shares are owned by institutional investors. Comparatively, 99.7% of Regal Rexnord shares are owned by institutional investors. 1.2% of Novanta shares are owned by insiders. Comparatively, 0.8% of Regal Rexnord shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Does the MarketBeat Community prefer NOVT or RRX?

Novanta received 240 more outperform votes than Regal Rexnord when rated by MarketBeat users. Likewise, 71.63% of users gave Novanta an outperform vote while only 65.63% of users gave Regal Rexnord an outperform vote.

Company	Underperform	Outperform
Novanta	Outperform Votes 303 71.63%	Underperform Votes 120 28.37%
Regal Rexnord	Outperform Votes 63 65.63%	Underperform Votes 33 34.38%

Does the media favor NOVT or RRX?

In the previous week, Regal Rexnord had 4 more articles in the media than Novanta. MarketBeat recorded 13 mentions for Regal Rexnord and 9 mentions for Novanta. Novanta's average media sentiment score of 1.44 beat Regal Rexnord's score of 1.29 indicating that Novanta is being referred to more favorably in the media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
Novanta	7 Very Positive mention(s)	0 Positive mention(s)	2 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive
Regal Rexnord	11 Very Positive mention(s)	0 Positive mention(s)	1 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive

Summary

Novanta beats Regal Rexnord on 11 of the 18 factors compared between the two stocks.