Novanta Inc. (NOVT): Price and Financial Metrics


Novanta Inc. (NOVT): $131.92

-2.96 (-2.19%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

NOVT POWR Grades


  • NOVT scores best on the Stability dimension, with a Stability rank ahead of 91.34% of US stocks.
  • NOVT's strongest trending metric is Growth; it's been moving down over the last 31 weeks.
  • NOVT ranks lowest in Value; there it ranks in the 11th percentile.

NOVT Stock Summary

  • With a price/earnings ratio of 110.79, Novanta Inc P/E ratio is greater than that of about 92.3% of stocks in our set with positive earnings.
  • The price/operating cash flow metric for Novanta Inc is higher than 85.23% of stocks in our set with a positive cash flow.
  • In terms of volatility of its share price, NOVT is more volatile than just 7.7% of stocks we're observing.
  • Stocks with similar financial metrics, market capitalization, and price volatility to Novanta Inc are EPRT, PCB, INPX, JKHY, and PBH.
  • 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 price/sales ratio is 48.08% higher, now standing at 7.7.
  • Over the past 243 months, NOVT's price/sales ratio has gone up 6.9.
  • Over the past 243 months, NOVT's price/sales ratio has gone up 6.9.

Below are key valuation metrics over time for NOVT.

Stock Date P/S P/B P/E EV/EBIT
NOVT 2021-01-25 7.6 10.2 112.1 93.9
NOVT 2020-02-18 5.4 8.4 78.1 61.0
NOVT 2019-10-14 4.5 7.3 57.8 45.5
NOVT 2008-09-15 0.5 0.4 10.7 -0.7
NOVT 2002-04-08 1.6 1.4 -27.6 -13.9
NOVT 2001-10-01 0.7 0.9 6.2 2.9

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 $127.67 Average Broker Recommendation 1.88 (Hold)

NOVT Stock Price Chart Interactive Chart >

Price chart for NOVT

NOVT Price/Volume Stats

Current price $131.92 52-week high $146.16
Prev. close $134.88 52-week low $95.53
Day low $129.61 Volume 52,939
Day high $134.45 Avg. volume 96,366
50-day MA $135.16 Dividend yield N/A
200-day MA $128.65 Market Cap 4.67B

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 Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$131.92$83.47 -39%

We started the process of determining a valid price forecast for Novanta Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Novanta Inc ranked in the 41th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. The most interesting components of our discounted cash flow analysis for Novanta Inc ended up being:

  • In the past 5.77 years, Novanta Inc has a compound free cash flow growth rate of 0.28%; that's higher than 59.76% of free cash flow generating stocks in the Technology sector.
  • 96% of the company's capital comes from equity, which is greater than 83.37% of stocks in our cash flow based forecasting set.
  • The business' balance sheet suggests that 4% of the company's capital is sourced from debt; this is greater than just 16.59% of the free cash flow producing stocks we're observing.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%-40%
1%-40%
2%-39%
3%-39%
4%-38%
5%-37%

For other companies in the Technology that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as NOVT, try EXTR, FICO, HPQ, ADBE, and AVNW.


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.

Harris Williams Advises ATI Industrial Automation on its Pending Sale to Novanta Inc.

RICHMOND, Va.--(BUSINESS WIRE)--Harris Williams, a global investment bank specializing in M&A advisory services, announces it is advising ATI Industrial Automation (ATI) on its pending sale to Novanta Inc. (Nasdaq: NOVT; Novanta). Headquartered in Apex, North Carolina, ATI is a leading global developer and manufacturer of robot end-effector products. The transaction is being led by John Arendale, Jeff Perkins, Brandt Carr, Jenson Dunn and Caroline Inglesby of the Harris Williams Industrials

Business Wire | July 19, 2021

Novanta To Acquire ATI For $172M Cash Plus Earnout

Novanta Inc (NASDAQ: NOVT) inked an agreement to acquire ATI Industrial Automation for $172 million upfront in cash and earnout consideration based on 2021 financial performance. Additionally, Novanta will also grant performance stock units. The transaction is likely to close in Q3 of 2021. ATI is a leading supplier of intelligent end-of-arm technology solutions to original equipment manufacturers (OEMs) for advanced industrial and surgical robots. The business adds intelligent technology soluti

Yahoo | July 19, 2021

Novanta Announces Agreement to Acquire ATI

BEDFORD, Mass., July 19, 2021--Novanta Inc. (Nasdaq: NOVT) (the "Company"), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that it has reached an agreement to acquire privately held ATI Industrial Automation ("ATI") for $172 million upfront in cash and additional contingent cash payments associated with 2021 financial performance. In addition, to further incentivize future financial performance, the Company will also grant performance sto

Yahoo | July 19, 2021

Novanta Inc. Schedules Earnings Release and Conference Call for Tuesday, August 10, 2021

BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the Company), a trusted technology partner to medical and advanced technology equipment manufacturers, will release its second quarter 2021 results on Tuesday, August 10, 2021. The Company will host a conference call on Tuesday, August 10, 2021, at 10:00 a.m. ET to discuss these results. To access the call, please dial (888) 346-3959 before the scheduled conference call time. Alternatively, the conference call can be accessed onlin

Business Wire | July 16, 2021

Novanta To Acquire Schneider Electric Motion USA For $115M Cash

Novanta Inc (NASDAQ: NOVT) inked an agreement to acquire Schneider Electric Motion USA (SEM, IMS, or Intelligent Motion Systems) for $115 million in cash. The transaction is likely to close in Q3 of 2021. SEM is a motion control components manufacturer of automation equipment. The business develops critical solutions for applications demanding exact, controlled movement in medical instruments, lab automation, robotics, and other advanced manufacturing applications. It is likely to be accretive t

Yahoo | July 12, 2021

Read More 'NOVT' Stories Here

NOVT Price Returns

1-mo 1.21%
3-mo -5.05%
6-mo 3.93%
1-year 25.44%
3-year 97.49%
5-year 739.19%
YTD 11.59%
2020 33.67%
2019 40.38%
2018 26.00%
2017 138.10%
2016 54.19%

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 0.8769 seconds.