QQQ   431.95 (+0.21%)
AAPL   169.45 (-1.88%)
MSFT   416.27 (+0.64%)
META   501.63 (+0.28%)
GOOGL   154.59 (-0.17%)
AMZN   183.84 (+0.12%)
TSLA   157.24 (-2.63%)
NVDA   876.55 (+1.92%)
AMD   163.57 (+2.03%)
NIO   3.84 (-1.29%)
BABA   70.00 (-0.88%)
T   16.03 (-1.29%)
F   12.21 (-0.16%)
MU   121.29 (-0.07%)
GE   155.51 (+1.18%)
CGC   6.88 (-1.43%)
DIS   114.15 (+1.06%)
AMC   2.78 (+12.55%)
PFE   25.84 (-0.27%)
PYPL   63.96 (+0.71%)
XOM   118.65 (-0.86%)
QQQ   431.95 (+0.21%)
AAPL   169.45 (-1.88%)
MSFT   416.27 (+0.64%)
META   501.63 (+0.28%)
GOOGL   154.59 (-0.17%)
AMZN   183.84 (+0.12%)
TSLA   157.24 (-2.63%)
NVDA   876.55 (+1.92%)
AMD   163.57 (+2.03%)
NIO   3.84 (-1.29%)
BABA   70.00 (-0.88%)
T   16.03 (-1.29%)
F   12.21 (-0.16%)
MU   121.29 (-0.07%)
GE   155.51 (+1.18%)
CGC   6.88 (-1.43%)
DIS   114.15 (+1.06%)
AMC   2.78 (+12.55%)
PFE   25.84 (-0.27%)
PYPL   63.96 (+0.71%)
XOM   118.65 (-0.86%)
QQQ   431.95 (+0.21%)
AAPL   169.45 (-1.88%)
MSFT   416.27 (+0.64%)
META   501.63 (+0.28%)
GOOGL   154.59 (-0.17%)
AMZN   183.84 (+0.12%)
TSLA   157.24 (-2.63%)
NVDA   876.55 (+1.92%)
AMD   163.57 (+2.03%)
NIO   3.84 (-1.29%)
BABA   70.00 (-0.88%)
T   16.03 (-1.29%)
F   12.21 (-0.16%)
MU   121.29 (-0.07%)
GE   155.51 (+1.18%)
CGC   6.88 (-1.43%)
DIS   114.15 (+1.06%)
AMC   2.78 (+12.55%)
PFE   25.84 (-0.27%)
PYPL   63.96 (+0.71%)
XOM   118.65 (-0.86%)
QQQ   431.95 (+0.21%)
AAPL   169.45 (-1.88%)
MSFT   416.27 (+0.64%)
META   501.63 (+0.28%)
GOOGL   154.59 (-0.17%)
AMZN   183.84 (+0.12%)
TSLA   157.24 (-2.63%)
NVDA   876.55 (+1.92%)
AMD   163.57 (+2.03%)
NIO   3.84 (-1.29%)
BABA   70.00 (-0.88%)
T   16.03 (-1.29%)
F   12.21 (-0.16%)
MU   121.29 (-0.07%)
GE   155.51 (+1.18%)
CGC   6.88 (-1.43%)
DIS   114.15 (+1.06%)
AMC   2.78 (+12.55%)
PFE   25.84 (-0.27%)
PYPL   63.96 (+0.71%)
XOM   118.65 (-0.86%)

Novanta (NOVT) Competitors

$160.22
-0.96 (-0.60%)
(As of 01:08 PM ET)

NOVT vs. ZI, QLYS, FYBR, LFUS, TENB, ATKR, DV, RMBS, SAIC, and CLS

Should you be buying Novanta stock or one of its competitors? The main competitors of Novanta include ZoomInfo Technologies (ZI), Qualys (QLYS), Frontier Communications Parent (FYBR), Littelfuse (LFUS), Tenable (TENB), Atkore (ATKR), DoubleVerify (DV), Rambus (RMBS), Science Applications International (SAIC), and Celestica (CLS).

Novanta vs.

ZoomInfo Technologies (NASDAQ:ZI) and Novanta (NASDAQ:NOVT) are both mid-cap computer and technology companies, but which is the better investment? We will compare the two businesses based on the strength of their media sentiment, risk, earnings, analyst recommendations, institutional ownership, profitability, valuation, community ranking and dividends.

ZoomInfo Technologies has a net margin of 8.66% compared to ZoomInfo Technologies' net margin of 8.27%. ZoomInfo Technologies' return on equity of 17.15% beat Novanta's return on equity.

Company Net Margins Return on Equity Return on Assets
ZoomInfo Technologies8.66% 11.25% 3.59%
Novanta 8.27%17.15%8.94%

Novanta received 180 more outperform votes than ZoomInfo Technologies when rated by MarketBeat users. Likewise, 72.14% of users gave Novanta an outperform vote while only 55.41% of users gave ZoomInfo Technologies an outperform vote.

CompanyUnderperformOutperform
ZoomInfo TechnologiesOutperform Votes
123
55.41%
Underperform Votes
99
44.59%
NovantaOutperform Votes
303
72.14%
Underperform Votes
117
27.86%

ZoomInfo Technologies presently has a consensus target price of $21.53, suggesting a potential upside of 41.71%. Novanta has a consensus target price of $161.00, suggesting a potential upside of 0.93%. Given Novanta's higher probable upside, research analysts clearly believe ZoomInfo Technologies is more favorable than Novanta.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ZoomInfo Technologies
2 Sell rating(s)
6 Hold rating(s)
13 Buy rating(s)
0 Strong Buy rating(s)
2.52
Novanta
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

95.5% of ZoomInfo Technologies shares are owned by institutional investors. Comparatively, 98.4% of Novanta shares are owned by institutional investors. 8.2% of ZoomInfo Technologies shares are owned by company insiders. Comparatively, 1.2% of Novanta shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

ZoomInfo Technologies has a beta of 1.16, suggesting that its share price is 16% more volatile than the S&P 500. Comparatively, Novanta has a beta of 1.33, suggesting that its share price is 33% more volatile than the S&P 500.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
ZoomInfo Technologies$1.24B4.70$107.30M$0.2756.78
Novanta$881.66M6.51$72.88M$2.0378.93

In the previous week, ZoomInfo Technologies had 11 more articles in the media than Novanta. MarketBeat recorded 14 mentions for ZoomInfo Technologies and 3 mentions for Novanta. ZoomInfo Technologies' average media sentiment score of 1.35 beat Novanta's score of 0.47 indicating that Novanta is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
ZoomInfo Technologies
3 Very Positive mention(s)
1 Positive mention(s)
7 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Novanta
1 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 ZoomInfo Technologies on 10 of the 17 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding NOVT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

NOVT vs. The Competition

MetricNovantaelectrical machinery, equipment, & supplies IndustryComputer SectorNASDAQ Exchange
Market Cap$5.74B$1.02B$19.20B$7.49B
Dividend YieldN/A2.05%2.76%3.96%
P/E Ratio78.939.51232.0415.10
Price / Sales6.5110.58529.8488.31
Price / Cash37.5110.2728.4328.19
Price / Book8.522.886.584.27
Net Income$72.88M-$10.87M$626.36M$210.80M
7 Day Performance-6.02%-6.36%-3.27%-4.96%
1 Month Performance-7.52%-0.55%-2.47%-2.50%
1 Year Performance1.66%-22.74%17.36%6.46%

Novanta Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ZI
ZoomInfo Technologies
4.4222 of 5 stars
$16.23
+2.5%
$21.58
+32.9%
-30.8%$6.16B$1.24B60.113,516Analyst Report
Options Volume
News Coverage
QLYS
Qualys
1.8394 of 5 stars
$167.39
+0.4%
$153.23
-8.5%
+26.1%$6.19B$554.46M41.432,188Analyst Upgrade
Positive News
FYBR
Frontier Communications Parent
0.4273 of 5 stars
$24.11
+4.2%
$24.83
+3.0%
+10.0%$5.99B$5.75B200.9213,300Analyst Upgrade
Short Interest ↑
News Coverage
Gap Up
LFUS
Littelfuse
4.8981 of 5 stars
$241.07
+2.4%
$277.50
+15.1%
-9.4%$5.87B$2.36B23.3117,000
TENB
Tenable
4.3426 of 5 stars
$49.11
+1.4%
$56.63
+15.3%
+0.1%$5.80B$798.71M-72.221,999Upcoming Earnings
Positive News
ATKR
Atkore
2.1946 of 5 stars
$177.09
-2.3%
$191.00
+7.9%
+33.5%$6.51B$3.52B10.625,600
DV
DoubleVerify
4.3435 of 5 stars
$33.26
+1.3%
$42.50
+27.8%
+1.8%$5.70B$572.54M81.121,101Insider Selling
Short Interest ↑
RMBS
Rambus
4.3342 of 5 stars
$61.49
+2.0%
$73.20
+19.0%
+17.9%$6.54B$461.12M20.50623
SAIC
Science Applications International
3.1487 of 5 stars
$127.65
-1.9%
$127.60
0.0%
+12.3%$6.59B$7.44B14.4224,000Dividend Announcement
Insider Buying
CLS
Celestica
2.6595 of 5 stars
$47.05
-4.8%
$33.88
-28.0%
+254.8%$5.61B$7.96B23.1826,554

Related Companies and Tools

This page (NASDAQ:NOVT) was last updated on 4/16/2024 by MarketBeat.com Staff

From Our Partners