Novanta (NOVT) Competitors

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

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 stronger earnings & 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	4.77	$72.88M	$1.96	64.33
Regal Rexnord	$5.90B	1.59	$196.20M	$3.51	40.35

Do analysts prefer NOVT or RRX?

Novanta presently has a consensus target price of $160.00, indicating a potential upside of 26.90%. Regal Rexnord has a consensus target price of $171.25, indicating a potential upside of 20.91%. Given Novanta's higher possible upside, research analysts clearly 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 and institutionals believe 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 company insiders. Comparatively, 0.8% of Regal Rexnord shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Does the MarketBeat Community favor NOVT or RRX?

Novanta received 241 more outperform votes than Regal Rexnord when rated by MarketBeat users. Likewise, 71.70% 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 304 71.70%	Underperform Votes 120 28.30%
Regal Rexnord	Outperform Votes 63 65.63%	Underperform Votes 33 34.38%

Does the media prefer NOVT or RRX?

In the previous week, Novanta had 2 more articles in the media than Regal Rexnord. MarketBeat recorded 7 mentions for Novanta and 5 mentions for Regal Rexnord. Regal Rexnord's average media sentiment score of 1.43 beat Novanta's score of 0.77 indicating that Regal Rexnord is being referred to more favorably in the news media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
Novanta	2 Very Positive mention(s)	1 Positive mention(s)	2 Neutral mention(s)	1 Negative mention(s)	0 Very Negative mention(s)	Positive
Regal Rexnord	4 Very Positive mention(s)	1 Positive mention(s)	0 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive

Which has more risk and volatility, NOVT or RRX?

Novanta has a beta of 1.46, suggesting that its stock price is 46% more volatile than the S&P 500. Comparatively, Regal Rexnord has a beta of 1.16, suggesting that its stock price is 16% more volatile than the S&P 500.

Summary

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