Novanta Inc. (NOVT): Price and Financial Metrics

Novanta Inc. (NOVT): $150.80

0.20 (+0.13%)

POWR Rating

Component Grades














  • NOVT scores best on the Quality dimension, with a Quality rank ahead of 77.53% of US stocks.
  • NOVT's strongest trending metric is Stability; it's been moving up over the last 177 days.
  • NOVT's current lowest rank is in the Value metric (where it is better than 3.75% of US stocks).

NOVT Stock Summary

  • With a price/earnings ratio of 72.75, NOVANTA INC P/E ratio is greater than that of about 93.19% of stocks in our set with positive earnings.
  • Price to trailing twelve month operating cash flow for NOVT is currently 59.34, higher than 93.34% of US stocks with positive operating cash flow.
  • With a price/sales ratio of 6.26, NOVANTA INC has a higher such ratio than 83.12% of stocks in our set.
  • Stocks that are quantitatively similar to NOVT, based on their financial statements, market capitalization, and price volatility, are PRGS, IPGP, CSGS, DIOD, and EBS.
  • NOVT's SEC filings can be seen here. And to visit NOVANTA INC's official web site, go to

NOVT Valuation Summary

  • In comparison to the median Technology stock, NOVT's price/earnings ratio is 206.75% higher, now standing at 72.7.
  • NOVT's price/sales ratio has moved up 5.1 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 2023-03-21 6.2 9.3 72.7 56.1
NOVT 2023-03-20 6.3 9.3 72.8 56.2
NOVT 2023-03-17 6.2 9.2 71.6 55.3
NOVT 2023-03-16 6.2 9.3 72.5 55.9
NOVT 2023-03-15 6.1 9.2 71.4 55.2
NOVT 2023-03-14 6.2 9.3 72.5 56.0

NOVT Growth Metrics

    Its 4 year revenue growth rate is now at 54.77%.
  • The 2 year cash and equivalents growth rate now stands at 34.06%.
  • The 4 year cash and equivalents growth rate now stands at -7.89%.
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 $150.80 52-week high $173.10
Prev. close $150.60 52-week low $110.84
Day low $148.33 Volume 101,000
Day high $151.28 Avg. volume 123,907
50-day MA $155.71 Dividend yield N/A
200-day MA $141.32 Market Cap 5.39B

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.

Novanta Inc.'s (NASDAQ:NOVT) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?

It is hard to get excited after looking at Novanta's (NASDAQ:NOVT) recent performance, when its stock has declined 9.3...

Yahoo | March 20, 2023

Q4 2022 Novanta Inc Earnings Call

Q4 2022 Novanta Inc Earnings Call

Yahoo | March 2, 2023

Novanta Announces Financial Results for the Fourth Quarter and Full Year 2022

BEDFORD, Mass., March 01, 2023--Novanta Inc. (Nasdaq: NOVT) ("Novanta" or the "Company"), a trusted technology partner to medical and advanced technology equipment manufacturers, today reported financial results for the fourth quarter and full year 2022.

Yahoo | March 1, 2023

Returns On Capital At Novanta (NASDAQ:NOVT) Have Stalled

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...

Yahoo | February 15, 2023

Novanta Inc. Schedules Earnings Release and Conference Call for Wednesday, March 1, 2023

BEDFORD, Mass., February 01, 2023--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 2022 results on Wednesday, March 1, 2023.

Yahoo | February 1, 2023

Read More 'NOVT' Stories Here

NOVT Price Returns

1-mo -3.78%
3-mo 11.07%
6-mo 27.24%
1-year 7.01%
3-year 96.38%
5-year 189.17%
YTD 10.99%
2022 -22.95%
2021 49.15%
2020 33.67%
2019 40.38%
2018 26.00%

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!

Page generated in 0.8447 seconds.