Novadaq Technologies Company Profile (NASDAQ:NVDQ)

About Novadaq Technologies (NASDAQ:NVDQ)

Novadaq Technologies logoNOVADAQ Technologies Inc. is a medical device company. The Company primarily develops, manufactures and markets real-time fluorescence imaging products that are designed for use by surgeons in the operating room and other clinical settings where open and minimally invasive surgery or interventional procedures are performed. The Company's SPY fluorescence imaging technology platform (SPY Fluorescence Imaging) provides clinically relevant anatomic and physiologic images of blood flow in vessels and micro-vessels during a range of surgical and outpatient procedures performed in the operating room or clinic. The SPY Fluorescence Imaging platform can be used to develop imaging devices specifically designed to meet the needs of different surgeons and other healthcare providers and the specialty procedures they perform. SPY images enable physicians treating life-threatening illnesses, such as breast, head and neck, colon, complex hernias, diabetes and certain cardiovascular diseases.

Industry, Sector and Symbol:
  • Sector:
  • Industry: Medical Laboratories & Research
  • Sub-Industry: N/A
  • Symbol: NASDAQ:NVDQ
  • CUSIP: N/A
  • Web: www.novadaq.com
Capitalization:
  • Market Cap: $428.89 million
  • Outstanding Shares: 57,802,000
Average Prices:
  • 50 Day Moving Avg: $7.37
  • 200 Day Moving Avg: $7.40
  • 52 Week Range: $6.00 - $12.74
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -12.79
  • P/E Growth: -0.28
Sales & Book Value:
  • Annual Revenue: $83.42 million
  • Price / Sales: 5.14
  • Book Value: $1.73 per share
  • Price / Book: 4.29
Profitability:
  • EBIDTA: ($47,390,000.00)
  • Net Margins: -55.26%
  • Return on Equity: -31.34%
  • Return on Assets: -27.12%
Debt:
  • Current Ratio: 6.30%
  • Quick Ratio: 5.76%
Misc:
  • Average Volume: 313,341 shs.
  • Beta: 0.93
  • Short Ratio: 13.87
 

Frequently Asked Questions for Novadaq Technologies (NASDAQ:NVDQ)

What is Novadaq Technologies' stock symbol?

Novadaq Technologies trades on the NASDAQ under the ticker symbol "NVDQ."

How were Novadaq Technologies' earnings last quarter?

Novadaq Technologies Inc. (NASDAQ:NVDQ) posted its quarterly earnings results on Wednesday, May, 3rd. The company reported ($0.24) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.21) by $0.03. The business earned $21.08 million during the quarter, compared to analyst estimates of $20.12 million. Novadaq Technologies had a negative return on equity of 31.34% and a negative net margin of 55.26%. View Novadaq Technologies' Earnings History.

Where is Novadaq Technologies' stock going? Where will Novadaq Technologies' stock price be in 2017?

12 brokers have issued 12-month price objectives for Novadaq Technologies' shares. Their forecasts range from $7.00 to $18.00. On average, they expect Novadaq Technologies' stock price to reach $11.43 in the next twelve months. View Analyst Ratings for Novadaq Technologies.

What are analysts saying about Novadaq Technologies stock?

Here are some recent quotes from research analysts about Novadaq Technologies stock:

  • 1. According to Zacks Investment Research, "Novadaq Technologies Inc. develops, manufactures and markets real-time fluorescence imaging products for use in the operating room and other clinical settings. The company's key markets include plastic reconstructive, gastrointestinal, cardiac and general surgery. It provides SPY imaging systems which enables surgeons to the visualize blood flow in vessels, co-joined vessels and micro-vessels. Novadaq Technologies Inc. is headquartered in Mississauga, Canada. " (5/9/2017)
  • 2. Stifel Nicolaus analysts commented, "We continue to believe the underlying value proposition of the larger NVDQ story remains unchanged. The combination of our high level of conviction in the company's highly differentiated and clinically relevant technology, a very solid balance sheet (at least 3-4 years of cash with revolver) with no need for near-term dilutive financing, and the shares' discounted valuation are enough, in our view, to continue recommending the shares... . In the long run, if these initiatives are even remotely successful, we believe it argues for a much higher value for the company, standalone or for potential strategic acquirers. On the basis of our new, now lower 2017 projections, adjusted down largely to reflect the impact of a new flexible capital acquisition model, we lower our TP to $10 (from $16)." (3/1/2017)

Are investors shorting Novadaq Technologies?

Novadaq Technologies saw a decrease in short interest during the month of April. As of April 28th, there was short interest totalling 5,516,517 shares, a decrease of 5.3% from the April 13th total of 5,828,140 shares. Based on an average trading volume of 299,834 shares, the short-interest ratio is currently 18.4 days.

Who are some of Novadaq Technologies' key competitors?

Who are Novadaq Technologies' key executives?

Novadaq Technologies' management team includes the folowing people:

  • William A. MacKinnon, Chairman of the Board
  • Rick Mangat Ph.D., President, Chief Executive Officer
  • Roger Deck, Chief Financial Officer
  • Lori Swalm, Vice President of Marketing
  • Derrick Guo, General Counsel, Corporate Secretary
  • Anthony F. Griffiths, Lead Independent Director
  • Lisa N. Colleran, Director
  • Karen A. Licitra, Director
  • Patrice E. Merrin, Independent Director
  • Thomas G. Wellner, Independent Director

Who owns Novadaq Technologies stock?

Novadaq Technologies' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Primecap Management Co. CA (9.79%), Janus Capital Management LLC (8.19%), Riverbridge Partners LLC (5.66%), FMR LLC (5.38%), Elk Creek Partners LLC (4.68%) and OppenheimerFunds Inc. (3.09%). View Institutional Ownership Trends for Novadaq Technologies.

Who sold Novadaq Technologies stock? Who is selling Novadaq Technologies stock?

Novadaq Technologies' stock was sold by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Bellevue Group AG, Blair William & Co. IL, CWM LLC, Riverbridge Partners LLC, Goldman Sachs Group Inc., TCW Group Inc. and Janus Capital Management LLC. View Insider Buying and Selling for Novadaq Technologies.

Who bought Novadaq Technologies stock? Who is buying Novadaq Technologies stock?

Novadaq Technologies' stock was acquired by a variety of institutional investors in the last quarter, including OppenheimerFunds Inc., FMR LLC, Royce & Associates LP, Granite Investment Partners LLC, Bank of America Corp DE, C WorldWide Group Holding A S, Elk Creek Partners LLC and AXA. View Insider Buying and Selling for Novadaq Technologies.

How do I buy Novadaq Technologies stock?

Shares of Novadaq Technologies can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Novadaq Technologies' stock price today?

One share of Novadaq Technologies stock can currently be purchased for approximately $7.42.


MarketBeat Community Rating for Novadaq Technologies (NASDAQ NVDQ)
Community Ranking:  3.5 out of 5 (   )
Outperform Votes:  234 (Vote Outperform)
Underperform Votes:  97 (Vote Underperform)
Total Votes:  331
MarketBeat's community ratings are surveys of what our community members think about Novadaq Technologies and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Novadaq Technologies (NASDAQ:NVDQ) (?)
Ratings Breakdown: 4 Hold Ratings, 8 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $11.43 (54.02% upside)

Analysts' Ratings History for Novadaq Technologies (NASDAQ:NVDQ)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/4/2017ScotiabankReiterated RatingOutperform$18.00HighView Rating Details
3/13/2017Northland SecuritiesUpgradeUnder Perform -> Market Perform$7.00MediumView Rating Details
3/1/2017Feltl & Co.DowngradeBuy -> HoldN/AView Rating Details
3/1/2017Stifel NicolausLower Price TargetBuy$16.00 -> $10.00N/AView Rating Details
3/1/2017Royal Bank of CanadaSet Price TargetBuy$13.00 -> $12.00N/AView Rating Details
2/22/2017Canaccord GenuityReiterated RatingBuy$10.00N/AView Rating Details
1/17/2017Craig HallumSet Price TargetBuy$12.00N/AView Rating Details
1/11/2017William BlairDowngradeOutperform -> Market PerformN/AView Rating Details
1/11/2017WedbushReiterated RatingOutperform$17.00 -> $11.00N/AView Rating Details
12/1/2016JMP SecuritiesReiterated RatingBuyN/AView Rating Details
11/16/2016BTIG ResearchReiterated RatingHoldN/AView Rating Details
11/3/2016Noble FinancialDowngradeStrong-Buy -> BuyN/AView Rating Details
3/11/2016Piper Jaffray CompaniesReiterated RatingBuyN/AView Rating Details
10/29/2015First AnalysisUpgradeEqual Weight -> Overweight$15.00N/AView Rating Details
(Data available from 5/29/2015 forward)

Earnings

Earnings History for Novadaq Technologies (NASDAQ:NVDQ)
Earnings by Quarter for Novadaq Technologies (NASDAQ:NVDQ)
Earnings History by Quarter for Novadaq Technologies (NASDAQ NVDQ)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/3/2017Q1($0.21)($0.24)$20.12 million$21.08 millionViewListenView Earnings Details
2/28/201712/31/2016($0.17)($0.32)$21.08 million$20.10 millionViewListenView Earnings Details
11/2/2016Q3 2016($0.16)($0.19)$22.21 million$22.16 millionViewN/AView Earnings Details
7/27/2016Q216($0.14)($0.29)$19.97 million$20.12 millionViewListenView Earnings Details
4/27/2016Q116($0.17)($0.14)$17.49 million$17.70 millionViewListenView Earnings Details
2/17/2016Q415($0.15)($0.17)$19.02 million$20.00 millionViewListenView Earnings Details
10/28/2015Q315($0.20)($0.11)$16.32 million$17.04 millionViewListenView Earnings Details
7/28/2015Q215($0.17)($0.22)$13.99 million$15.07 millionViewListenView Earnings Details
4/28/2015Q115($0.09)($0.20)$13.10 million$11.70 millionViewN/AView Earnings Details
2/25/2015Q4 2014($0.09)($0.10)$13.00 million$13.02 millionViewN/AView Earnings Details
11/6/2014Q414($0.07)($0.17)$12.10 million$12.10 millionViewN/AView Earnings Details
8/5/2014Q2($0.07)($0.08)$11.33 million$11.20 millionViewN/AView Earnings Details
5/7/2014Q114($0.05)($0.08)$10.33 million$10.30 millionViewN/AView Earnings Details
2/6/2014Q4($0.03)($0.06)$10.37 million$10.70 millionViewN/AView Earnings Details
10/22/2013Q313($0.03)($0.14)$8.68 million$8.90 millionViewN/AView Earnings Details
8/1/2013Q213($0.02)($0.05)$7.89 million$8.10 millionViewN/AView Earnings Details
4/29/2013Q113($0.04)($0.02)$6.94 million$7.30 millionViewN/AView Earnings Details
2/7/2013Q412($0.05)($0.01)$6.43 million$6.80 millionViewN/AView Earnings Details
11/2/2012Q312($0.05)($0.03)$5.75 million$5.10 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Novadaq Technologies (NASDAQ:NVDQ)
2017 EPS Consensus Estimate: ($0.72)
2018 EPS Consensus Estimate: ($0.90)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20175($0.23)($0.15)($0.19)
Q2 20175($0.25)($0.14)($0.20)
Q3 20175($0.22)($0.11)($0.17)
Q4 20174($0.23)($0.08)($0.15)
Q1 20182($0.25)($0.16)($0.21)
Q2 20181($0.24)($0.24)($0.24)
Q3 20181($0.23)($0.23)($0.23)
Q4 20181($0.22)($0.22)($0.22)
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Novadaq Technologies (NASDAQ:NVDQ)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Novadaq Technologies (NASDAQ:NVDQ)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Novadaq Technologies (NASDAQ:NVDQ)
Latest Headlines for Novadaq Technologies (NASDAQ:NVDQ)
Source:
DateHeadline
americanbankingnews.com logo-$0.22 EPS Expected for Novadaq Technologies Inc. (NVDQ) This Quarter
www.americanbankingnews.com - May 29 at 12:30 PM
americanbankingnews.com logoNovadaq Technologies Inc. (NVDQ) Receives Average Rating of "Buy" from Analysts
www.americanbankingnews.com - May 12 at 11:20 AM
americanbankingnews.com logoNovadaq Technologies Inc. (NVDQ) Sees Significant Decrease in Short Interest
www.americanbankingnews.com - May 12 at 10:42 AM
finance.yahoo.com logoNovadaq Technologies, Inc. breached its 50 day moving average in a Bullish Manner : NVDQ-US : May 10, 2017
finance.yahoo.com - May 10 at 11:59 AM
finance.yahoo.com logoNovadaq Technologies, Inc. :NVDQ-US: Earnings Analysis: Q1, 2017 By the Numbers : May 9, 2017
finance.yahoo.com - May 9 at 6:32 PM
americanbankingnews.com logoNovadaq Technologies Inc. (NVDQ) Raised to Hold at Zacks Investment Research
www.americanbankingnews.com - May 9 at 7:36 AM
americanbankingnews.com logoZacks: Analysts Expect Novadaq Technologies Inc. (NVDQ) Will Announce Earnings of -$0.22 Per Share
www.americanbankingnews.com - May 9 at 1:00 AM
americanbankingnews.com logoNovadaq Technologies Inc. (NVDQ) Expected to Announce Quarterly Sales of $23.24 Million
www.americanbankingnews.com - May 9 at 1:00 AM
americanbankingnews.com logoNovadaq Technologies Inc. to Post Q2 2017 Earnings of ($0.25) Per Share, William Blair Forecasts (NVDQ)
www.americanbankingnews.com - May 8 at 8:30 AM
americanbankingnews.com logoNovadaq Technologies Inc. Expected to Post Q2 2017 Earnings of ($0.21) Per Share (NVDQ)
www.americanbankingnews.com - May 8 at 8:15 AM
americanbankingnews.com logoBrokers Issue Forecasts for Novadaq Technologies Inc.'s Q2 2017 Earnings (NVDQ)
www.americanbankingnews.com - May 8 at 7:41 AM
americanbankingnews.com logoNovadaq Technologies Inc. (NVDQ) Releases Quarterly Earnings Results, Misses Expectations By $0.03 EPS
www.americanbankingnews.com - May 6 at 1:01 AM
americanbankingnews.com logoEquities Analysts Set Expectations for Novadaq Technologies Inc.'s Q4 2017 Earnings (NVDQ)
www.americanbankingnews.com - May 5 at 4:16 PM
americanbankingnews.com logoNovadaq Technologies Inc. (NVDQ) Releases Earnings Results, Misses Estimates By $0.03 EPS
www.americanbankingnews.com - May 5 at 2:30 PM
americanbankingnews.com logo$23.24 Million in Sales Expected for Novadaq Technologies Inc. (NVDQ) This Quarter
www.americanbankingnews.com - May 5 at 1:16 PM
finance.yahoo.com logoInvestor Network: Novadaq Technologies Inc. to Host Earnings Call
finance.yahoo.com - May 4 at 7:01 PM
americanbankingnews.com logoNovadaq Technologies Inc. (NVDQ) Given a $13.25 Price Target at Scotiabank
www.americanbankingnews.com - May 4 at 5:32 PM
americanbankingnews.com logo-$0.21 EPS Expected for Novadaq Technologies Inc. (NVDQ) This Quarter
www.americanbankingnews.com - May 4 at 1:31 AM
streetinsider.com logoNovadaq Technologies (NVDQ) Misses Q1 EPS by 3c; Guides Revs In-Line - StreetInsider.com
www.streetinsider.com - May 4 at 1:07 AM
americanbankingnews.com logoNovadaq Technologies (NVDQ) Receiving Favorable Media Coverage, Report Finds
www.americanbankingnews.com - May 3 at 6:26 PM
finance.yahoo.com logoInvestor Network Invites You to the NOVADAQ First Quarter 2017 Earnings Conference Call and Webcast Live on Wednesday, May 3, 2017
finance.yahoo.com - May 2 at 4:43 PM
americanbankingnews.com logoNovadaq Technologies (NVDQ) Getting Somewhat Negative Press Coverage, Report Shows
www.americanbankingnews.com - April 30 at 10:04 AM
americanbankingnews.com logoSomewhat Negative News Coverage Likely to Affect Novadaq Technologies (NVDQ) Share Price
www.americanbankingnews.com - April 27 at 6:30 PM
americanbankingnews.com logoScotiabank Analysts Give Novadaq Technologies Inc. (NVDQ) a $13.25 Price Target
www.americanbankingnews.com - April 26 at 3:10 PM
finance.yahoo.com logoNovadaq Technologies, Inc. – Value Analysis (NASDAQ:NVDQ) : April 25, 2017
finance.yahoo.com - April 25 at 6:10 PM
finance.yahoo.com logoNovadaq Technologies, Inc. breached its 50 day moving average in a Bearish Manner : NVDQ-US : April 24, 2017
finance.yahoo.com - April 24 at 4:30 PM
americanbankingnews.com logoPositive News Coverage Extremely Likely to Impact Novadaq Technologies (NVDQ) Share Price
www.americanbankingnews.com - April 20 at 7:22 PM
americanbankingnews.com logoNovadaq Technologies Inc. (NVDQ) Given Average Recommendation of "Buy" by Analysts
www.americanbankingnews.com - April 17 at 12:40 PM
americanbankingnews.com logoNovadaq Technologies (NVDQ) Earning Somewhat Critical Press Coverage, AlphaOne Reports
www.americanbankingnews.com - April 16 at 11:25 AM
americanbankingnews.com logo$20.87 Million in Sales Expected for Novadaq Technologies Inc. (NVDQ) This Quarter
www.americanbankingnews.com - April 14 at 12:58 PM
americanbankingnews.com logoNovadaq Technologies Inc. (NVDQ) Expected to Post Earnings of -$0.21 Per Share
www.americanbankingnews.com - April 12 at 8:29 PM
americanbankingnews.com logoNovadaq Technologies' (NVDQ) "Buy" Rating Reaffirmed at Canaccord Genuity
www.americanbankingnews.com - April 2 at 11:06 AM
finance.yahoo.com logoNOVADAQ TECHNOLOGIES INC Financials
finance.yahoo.com - March 28 at 6:44 PM
americanbankingnews.com logoNovadaq Technologies Inc. (NVDQ) Receives Consensus Recommendation of "Buy" from Analysts
www.americanbankingnews.com - March 21 at 1:39 PM
americanbankingnews.com logoRecent Analysts’ Ratings Updates for Novadaq Technologies (NVDQ)
www.americanbankingnews.com - March 8 at 8:32 PM
us.rd.yahoo.com logoNOVADAQ Announces Fourth Quarter and Full Year 2016 Financial Results
us.rd.yahoo.com - February 28 at 6:59 PM
finance.yahoo.com logoDermACELL receives coverage from Cigna
finance.yahoo.com - February 21 at 5:58 PM
finance.yahoo.com logo3:55 pm Novadaq Tech.: Cigna (CI) now covers Dermacell for breast reconstruction surgery and Dermacell AWM for diabetic foot ulcers
finance.yahoo.com - February 21 at 5:58 PM
globenewswire.com logoNOVADAQ to Report Fourth Quarter and Full Year 2016 Financial ... - GlobeNewswire (press release)
globenewswire.com - February 16 at 6:29 PM
seekingalpha.com logoInconsistency And Credibility Bedevil Novadaq Technologies - Seeking Alpha
seekingalpha.com - February 16 at 6:29 PM
seekingalpha.com logoInconsistency And Credibility Bedevil Novadaq Technologies - Seeking Alpha
seekingalpha.com - February 16 at 6:29 PM
fool.com logoHere's Why Novadaq Technologies Inc. Is Tanking Today
www.fool.com - January 11 at 12:32 PM
streetinsider.com logoNovadaq Technologies (NVDQ) Guides Q4, FY17 and FY17 Below the Street - StreetInsider.com
www.streetinsider.com - January 11 at 5:49 AM
bizjournals.com logoStudy: DermACELL® demonstrates superior clinical outcomes compared to AlloDerm® in breast reconstruction
www.bizjournals.com - January 10 at 7:48 PM
streetinsider.com logoNovadaq Technologies (NVDQ) Guides Q4, FY17 and FY17 Below the Street
www.streetinsider.com - January 10 at 7:48 PM
us.rd.yahoo.com logo12:21 pm Novadaq Tech.: LifeNet Health's Dermacell acellular dermal matrix demonstrated statistically significant improvements compared to AlloDerm Ready-To-Use according to the results of a study published by the journal Plastic & Reconstr
us.rd.yahoo.com - January 10 at 7:48 PM
streetinsider.com logoNovadaq Technologies (NVDQ) Appoints Lisa Colleran to Board of Directors - StreetInsider.com
www.streetinsider.com - January 5 at 10:37 PM
streetinsider.com logoNovadaq Technologies (NVDQ) Appoints Lisa Colleran to Board of Directors
www.streetinsider.com - January 5 at 2:52 AM
finance.yahoo.com logoNOVADAQ to Present at the 35th Annual J.P. Morgan Healthcare Conference
finance.yahoo.com - December 6 at 9:38 AM

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Chart

Novadaq Technologies (NVDQ) Chart for Monday, May, 29, 2017

This page was last updated on 5/29/2017 by MarketBeat.com Staff