Novanta Inc. (NOVT): Price and Financial Metrics


Novanta Inc. (NOVT): $159.52

0.71 (+0.45%)

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 77.32% of US stocks.
  • The strongest trend for NOVT is in Stability, which has been heading down over the past 179 days.
  • NOVT's current lowest rank is in the Value metric (where it is better than 4.9% of US stocks).

NOVT Stock Summary

  • NOVT's current price/earnings ratio is 79.16, which is higher than 93.67% of US stocks with positive earnings.
  • Price to trailing twelve month operating cash flow for NOVT is currently 72.8, higher than 94.45% of US stocks with positive operating cash flow.
  • With a price/sales ratio of 6.82, NOVANTA INC has a higher such ratio than 83.42% of stocks in our set.
  • Stocks that are quantitatively similar to NOVT, based on their financial statements, market capitalization, and price volatility, are PCTI, NTCT, ERII, PRGS, and CSGS.
  • NOVT's SEC filings can be seen here. And to visit NOVANTA INC's official web site, go to www.novanta.com.

NOVT Valuation Summary

  • In comparison to the median Technology stock, NOVT's price/sales ratio is 175% higher, now standing at 6.6.
  • Over the past 243 months, NOVT's price/sales ratio has gone up 5.

Below are key valuation metrics over time for NOVT.

Stock Date P/S P/B P/E EV/EBIT
NOVT 2022-11-14 6.6 10.3 76.7 59.8
NOVT 2022-11-11 6.6 10.2 76.4 59.6
NOVT 2022-11-10 6.4 9.9 74.0 57.8
NOVT 2022-11-09 5.8 8.9 66.7 52.5
NOVT 2022-11-08 6.2 9.6 71.7 56.1
NOVT 2022-11-07 6.3 9.4 78.7 63.7

NOVT Growth Metrics

    Its year over year revenue growth rate is now at 25.21%.
  • The year over year cash and equivalents growth rate now stands at -12.99%.
  • Its 2 year cash and equivalents growth rate is now at 34.06%.
NOVT's revenue has moved up $215,391,000 over the prior 33 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
2022-09-30 841.49 78.88 72.543
2022-06-30 796.258 78.019 63.656
2022-03-31 748.425 82.704 57.841
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

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 $159.52 52-week high $177.50
Prev. close $158.81 52-week low $110.84
Day low $158.75 Volume 67,600
Day high $161.51 Avg. volume 190,803
50-day MA $132.86 Dividend yield N/A
200-day MA $133.00 Market Cap 5.69B

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.


NOVT Latest News Stream


Event/Time News Detail
Loading, please wait...

NOVT Latest Social Stream


Loading social stream, please wait...

View Full NOVT Social Stream

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.

13 Best Robotics Stocks To Buy Now

In this article, we discuss 13 best robotics stocks to buy now. If you want to see more stocks in this selection, check out 5 Best Robotics Stocks To Buy Now. The global robotics market was worth $27.73 billion in 2020 and is forecasted to reach $74.1 billion by 2026, indicating a CAGR of 17.45% […]

Yahoo | November 23, 2022

Should You Sell Novanta (NOVT) Now?

Artisan Partners, an investment management company, released its “Artisan Small Cap Fund” third quarter 2022 investor letter. A copy of the same can be downloaded here. In the third quarter, its Investor Class fund ARTSX returned 3.23%, Advisor Class fund APDSX posted a return of 3.27%, and Institutional Class fund APHSX returned 3.27%, compared to a […]

Yahoo | November 14, 2022

Novanta Stock Clears Key Benchmark, Hitting 80-Plus RS Rating

On Friday, Novanta stock earned an upgrade to its Relative Strength (RS) Rating, from 64 to 84. This unique rating identifies market leadership by showing how a stock's price movement over the last 52 weeks compares to that of other stocks on the major indexes.

Yahoo | November 12, 2022

Novanta Third Quarter 2022 Earnings: Beats Expectations

Novanta ( NASDAQ:NOVT ) Third Quarter 2022 Results Key Financial Results Revenue: US$223.0m (up 26% from 3Q 2021). Net...

Yahoo | November 10, 2022

Novanta (NOVT) Surpasses Q3 Earnings and Revenue Estimates

Novanta (NOVT) delivered earnings and revenue surprises of 10.96% and 3.70%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Yahoo | November 8, 2022

Read More 'NOVT' Stories Here

NOVT Price Returns

1-mo 17.48%
3-mo 14.02%
6-mo N/A
1-year -0.44%
3-year 70.46%
5-year 202.41%
YTD -9.53%
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

Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!


Page generated in 0.8363 seconds.