Novanta (NOVT) Competitors

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

Which has more volatility and risk, NOVT or RRX?

Novanta has a beta of 1.28, indicating that its stock price is 28% more volatile than the S&P 500. Comparatively, Regal Rexnord has a beta of 1.04, indicating that its stock price is 4% more volatile than the S&P 500.

Which has stronger valuation & earnings, NOVT or RRX?

Novanta has higher earnings, but lower revenue than Regal Rexnord. 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	$881.66M	6.06	$72.88M	$1.67	89.13
Regal Rexnord	$6.25B	1.75	-$57.40M	$3.17	52.20

Is NOVT or RRX more profitable?

Novanta has a net margin of 6.52% compared to Regal Rexnord's net margin of 3.41%. 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	3.41%	9.48%	4.05%

Do insiders & institutionals believe in NOVT or RRX?

98.4% of Novanta shares are held by institutional investors. Comparatively, 99.7% of Regal Rexnord shares are held by institutional investors. 1.2% of Novanta shares are held by company insiders. Comparatively, 0.8% of Regal Rexnord shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Does the MarketBeat Community favor NOVT or RRX?

Novanta received 252 more outperform votes than Regal Rexnord when rated by MarketBeat users. Likewise, 71.80% of users gave Novanta an outperform vote while only 62.20% of users gave Regal Rexnord an outperform vote.

Company	Underperform	Outperform
Novanta	Outperform Votes 303 71.80%	Underperform Votes 119 28.20%
Regal Rexnord	Outperform Votes 51 62.20%	Underperform Votes 31 37.80%

Do analysts rate NOVT or RRX?

Novanta presently has a consensus price target of $169.00, suggesting a potential upside of 13.54%. Regal Rexnord has a consensus price target of $202.00, suggesting a potential upside of 22.08%. Given Regal Rexnord's stronger consensus rating and higher possible upside, analysts clearly believe Regal Rexnord is more favorable than Novanta.

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

Does the media refer more to NOVT or RRX?

In the previous week, Regal Rexnord had 1 more articles in the media than Novanta. MarketBeat recorded 4 mentions for Regal Rexnord and 3 mentions for Novanta. Novanta's average media sentiment score of 1.76 beat Regal Rexnord's score of 0.75 indicating that Novanta is being referred to more favorably in the media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
Novanta	1 Very Positive mention(s)	0 Positive mention(s)	0 Neutral mention(s)	1 Negative mention(s)	1 Very Negative mention(s)	Very Positive
Regal Rexnord	3 Very Positive mention(s)	0 Positive mention(s)	0 Neutral mention(s)	1 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.