Novanta Inc. (NOVT): Price and Financial Metrics


Novanta Inc. (NOVT): $123.52

-0.10 (-0.08%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

NOVT POWR Grades


  • Growth is the dimension where NOVT ranks best; there it ranks ahead of 94.36% of US stocks.
  • NOVT's strongest trending metric is Quality; it's been moving down over the last 179 days.
  • NOVT ranks lowest in Value; there it ranks in the 4th percentile.

NOVT Stock Summary

  • NOVT's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 652.63 -- higher than 95.63% of US-listed equities with positive expected earnings growth.
  • With a price/earnings ratio of 102.01, Novanta Inc P/E ratio is greater than that of about 93.62% of stocks in our set with positive earnings.
  • The price/operating cash flow metric for Novanta Inc is higher than 90.69% of stocks in our set with a positive cash flow.
  • If you're looking for stocks that are quantitatively similar to Novanta Inc, a group of peers worth examining would be KRNT, LTRX, NTCT, TUFN, and VYNE.
  • Visit NOVT's SEC page to see the company's official filings. To visit the company's web site, go to www.novanta.com.

NOVT Valuation Summary

  • In comparison to the median Technology stock, NOVT's EV/EBIT ratio is 211.01% higher, now standing at 100.3.
  • NOVT's EV/EBIT ratio has moved up 96.6 over the prior 243 months.
  • NOVT's price/earnings ratio has moved up 114.9 over the prior 243 months.

Below are key valuation metrics over time for NOVT.

Stock Date P/S P/B P/E EV/EBIT
NOVT 2021-09-01 8.7 10.9 122.5 100.3
NOVT 2021-08-31 8.8 11.0 123.9 101.4
NOVT 2021-08-30 8.6 10.9 121.9 99.8
NOVT 2021-08-27 8.6 10.9 122.1 100.0
NOVT 2021-08-26 8.4 10.6 119.2 97.6
NOVT 2021-08-25 8.5 10.7 119.8 98.2

NOVT Growth Metrics

    Its 2 year net cashflow from operations growth rate is now at 6.36%.
  • Its 5 year cash and equivalents growth rate is now at 8.56%.
  • Its year over year net income to common stockholders growth rate is now at 8.44%.
NOVT's revenue has moved up $233,542,000 over the prior 52 months.

The table below shows NOVT's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2021-12-31 706.793 94.625 50.331
2021-09-30 655.331 112.465 49.233
2021-06-30 620.534 140.681 43.888
2021-03-31 597.739 145.752 43.884
2020-12-31 590.623 140.239 44.521
2020-09-30 602.827 129.091 41.082

NOVT's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • NOVT has a Quality Grade of B, ranking ahead of 88.22% of graded US stocks.
  • NOVT's asset turnover comes in at 0.719 -- ranking 22nd of 53 Electrical Equipment stocks.
  • AME, BYRN, and CCF are the stocks whose asset turnover ratios are most correlated with NOVT.

The table below shows NOVT's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-07-02 0.719 0.423 0.128
2021-04-02 0.696 0.416 0.120
2020-12-31 0.690 0.414 0.124
2020-10-02 0.703 0.412 0.111
2020-07-03 0.716 0.412 0.109
2020-04-03 0.745 0.417 0.111

NOVT Price Target

For more insight on analysts targets of NOVT, see our NOVT price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $145.00 Average Broker Recommendation 1.88 (Hold)

NOVT Stock Price Chart Interactive Chart >

Price chart for NOVT

NOVT Price/Volume Stats

Current price $123.52 52-week high $184.44
Prev. close $123.62 52-week low $114.31
Day low $123.40 Volume 16,913
Day high $124.64 Avg. volume 125,458
50-day MA $131.77 Dividend yield N/A
200-day MA $149.22 Market Cap 4.41B

Novanta Inc. (NOVT) Company Bio


Novanta Inc. designs, develops, manufactures, and sells precision photonic and motion control components, and subsystems to original equipment manufacturers in the medical equipment and advanced industrial technology markets. The company operates through three segments: Laser Products, Vision Technologies, and Precision Motion. The company was founded in 1968 and is based in Bedford, Massachusetts.


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Latest NOVT News From Around the Web

Below are the latest news stories about Novanta Inc that investors may wish to consider to help them evaluate NOVT as an investment opportunity.

Is It Time To Consider Buying Novanta Inc. (NASDAQ:NOVT)?

While Novanta Inc. ( NASDAQ:NOVT ) might not be the most widely known stock at the moment, it received a lot of...

Yahoo | February 15, 2022

11 Best Robotics Stocks To Buy For 2022

In this article, we discuss the 11 best robotics stocks to buy for 2022. If you want to skip our detailed analysis of these stocks, go directly to the 5 Best Robotics Stocks To Buy For 2022. The robotics sector is set for explosive growth in 2022 as new strategies and technological advances lead to […]

Yahoo | January 19, 2022

Andvari Associates: “Novanta (NOVT) is Still in the Early Stages of Compounding Value at High Rates”

Andvari Associates, an investment management firm, published its fourth-quarter 2021 investor letter – a copy of which can be seen here. A quarterly net return of 11% was delivered by the fund for the year 2021, below its S&P 500 and Russell 2000 benchmarks that delivered a 28.7% and 14.8% return respectively for the same […]

Yahoo | January 18, 2022

Novanta Inc. Schedules Earnings Release and Conference Call for Tuesday, March 01, 2022

BEDFORD, Mass., January 14, 2022--Novanta Inc. (Nasdaq: NOVT) (the "Company"), a trusted technology partner to medical and advanced technology equipment manufacturers, will release its fourth quarter and full year 2021 results on Tuesday, March 01, 2022.

Yahoo | January 14, 2022

Those who invested in Novanta (NASDAQ:NOVT) five years ago are up 738%

We think all investors should try to buy and hold high quality multi-year winners. While not every stock performs well...

Yahoo | January 3, 2022

Read More 'NOVT' Stories Here

NOVT Price Returns

1-mo -3.25%
3-mo -10.44%
6-mo -22.91%
1-year -9.77%
3-year 55.16%
5-year 263.83%
YTD -29.95%
2021 49.15%
2020 33.67%
2019 40.38%
2018 26.00%
2017 138.10%

Continue Researching NOVT

Want to see what other sources are saying about Novanta Inc's financials and stock price? Try the links below:

Novanta Inc (NOVT) Stock Price | Nasdaq
Novanta Inc (NOVT) Stock Quote, History and News - Yahoo Finance
Novanta Inc (NOVT) Stock Price and Basic Information | MarketWatch

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