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Novanta Inc Share Price

NOVT
NSQ
$145.63
+$0.26
(0.18%)
1D
Industry: Electronic Equipment, Instruments & Components Sector: Information Technology

Novanta Inc Analyst Forecast

Novanta Inc Share Price Chart

Novanta Inc Key Stock Metrics

Market Cap info-icon
This is a company’s total value as determined by the stock market. It is calculated by multiplying the total number of a company's outstanding shares by the current market price of one share.
$5.20B
P/E Ratio info-icon
This is the ratio of a security’s current share price to its earnings per share. This ratio determines the relative value of a company’s share.
100.2671
Volume info-icon
This is the total number of shares traded during the most recent trading day.
385.53K
Avg Volume info-icon
This is the average number of shares traded during the most recent 30 days.
0
Dividend Yield info-icon
This ratio shows how much income you earn in dividend payouts per year for every dollar invested in the stock (or the stock’s annual dividend payment expressed as a percentage of its current price).
0.00%
Beta info-icon
This measures the expected move in a stock’s price relative to movements in the overall market. The market, such as the S&P 500 Index, has a beta of 1.0. If a stock has a Beta greater (or lower) than 1.0, it suggests that the stock is more (or less) volatile than the broader market.
1.62
52-week Range info-icon
This shows the range of the stock’s price between the 52-week high (the highest price of the stock for the past 52 weeks) and the 52-week low (the lowest price of the stock for the past 52 weeks).
$98.27 L
$153.2 H
$145.63

About Novanta Inc, Common Stock

Novanta Inc., together with its subsidiaries, provides precision medicine, precision manufacturing, medical solutions, robotics and automation solutions, and advanced surgery solutions in the United States and internationally. It operates in two segments, Automation Enabling Technologies and Medical Solutions. The Precision Medicine and Manufacturing segment designs, manufactures, and markets laser beam delivery components, laser beam delivery solutions, CO2 lasers, solid state lasers, ultrafast lasers, optical and inductive encoders, precision motors, integrated stepper motors, servo drives, motion control solutions, intelligent robotic end-of-arm technology solutions, and air bearing spindles. This segment serves advanced industrial processes, advanced industrial and medical robotics, other medical and life science automation applications, and medical laser procedures, such as ophthalmology applications. The Medical Solutions segment provides a range of medical grade technologies, including medical insufflators, pumps, and related disposables; laser beam delivery solutions; video processing, streaming, and capture; machine vision technologies; radio frequency identification (RFID) technologies; barcode identification technologies; thermal chart recorders; light and color measurement technologies; touch panel displays; and advanced motion control solutions. The company sells its products through its direct sales force and distributors under the Cambridge Technology, Synrad, Laser Quantum, ARGES, WOM, NDS, Med X Change, Reach Technology, JADAK, ThingMagic, Photo Research, General Scanning, ATI Industrial Automation, Celera Motion, IMS, MicroE, Applimotion, Zettlex, Ingenia, and Westwind brands. The company was formerly known as GSI Group, Inc. and changed its name to Novanta Inc. in May 2016. Novanta Inc. was incorporated in 1968 and is headquartered in Bedford, Massachusetts. more

Industry: Electronic Equipment, Instruments & ComponentsSector: Information Technology

Novanta Inc Stock Returns

Time FrameNOVTSectorS&P500
1-Week Return2.68%-2.44%-1.31%
1-Month Return11.08%-1.66%0.78%
3-Month Return46.29%-0.03%3.46%
6-Month Return21.13%4.77%6.19%
1-Year Return1.14%15.2%11.68%
3-Year Return-8.33%104.37%71.21%
5-Year Return2.56%104.74%74.81%
10-Year Return1076.33%586.59%256.59%

Novanta Inc Financials

Dec '20Dec '21Dec '22Dec '23Dec '245YR TREND
Total Revenue590.62M706.79M860.90M881.66M949.25M[{"date":"2020-12-31","value":62.22,"profit":true},{"date":"2021-12-31","value":74.46,"profit":true},{"date":"2022-12-31","value":90.69,"profit":true},{"date":"2023-12-31","value":92.88,"profit":true},{"date":"2024-12-31","value":100,"profit":true}]
Cost of Revenue346.11M406.46M482.43M481.76M527.70M[{"date":"2020-12-31","value":65.59,"profit":true},{"date":"2021-12-31","value":77.03,"profit":true},{"date":"2022-12-31","value":91.42,"profit":true},{"date":"2023-12-31","value":91.3,"profit":true},{"date":"2024-12-31","value":100,"profit":true}]
Gross Profit244.52M300.33M378.47M399.90M421.55M[{"date":"2020-12-31","value":58,"profit":true},{"date":"2021-12-31","value":71.24,"profit":true},{"date":"2022-12-31","value":89.78,"profit":true},{"date":"2023-12-31","value":94.86,"profit":true},{"date":"2024-12-31","value":100,"profit":true}]
Gross Margin41.40%42.49%43.96%45.36%44.41%[{"date":"2020-12-31","value":91.28,"profit":true},{"date":"2021-12-31","value":93.68,"profit":true},{"date":"2022-12-31","value":96.92,"profit":true},{"date":"2023-12-31","value":100,"profit":true},{"date":"2024-12-31","value":97.91,"profit":true}]
Operating Expenses188.63M236.27M275.39M289.40M310.96M[{"date":"2020-12-31","value":60.66,"profit":true},{"date":"2021-12-31","value":75.98,"profit":true},{"date":"2022-12-31","value":88.56,"profit":true},{"date":"2023-12-31","value":93.07,"profit":true},{"date":"2024-12-31","value":100,"profit":true}]
Operating Income55.89M64.05M103.08M110.50M110.58M[{"date":"2020-12-31","value":50.54,"profit":true},{"date":"2021-12-31","value":57.92,"profit":true},{"date":"2022-12-31","value":93.21,"profit":true},{"date":"2023-12-31","value":99.92,"profit":true},{"date":"2024-12-31","value":100,"profit":true}]
Total Non-Operating Income/Expense(14.05M)(15.27M)(31.54M)(52.33M)(63.01M)[{"date":"2020-12-31","value":-1404900000,"profit":false},{"date":"2021-12-31","value":-1526900000,"profit":false},{"date":"2022-12-31","value":-3153600000,"profit":false},{"date":"2023-12-31","value":-5233400000,"profit":false},{"date":"2024-12-31","value":-6300700000,"profit":false}]
Pre-Tax Income48.40M56.17M87.16M83.75M79.07M[{"date":"2020-12-31","value":55.53,"profit":true},{"date":"2021-12-31","value":64.45,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":96.09,"profit":true},{"date":"2024-12-31","value":90.71,"profit":true}]
Income Taxes3.88M5.84M13.11M10.87M14.98M[{"date":"2020-12-31","value":25.92,"profit":true},{"date":"2021-12-31","value":38.99,"profit":true},{"date":"2022-12-31","value":87.51,"profit":true},{"date":"2023-12-31","value":72.57,"profit":true},{"date":"2024-12-31","value":100,"profit":true}]
Income After Taxes44.52M50.33M74.05M72.88M64.09M[{"date":"2020-12-31","value":60.12,"profit":true},{"date":"2021-12-31","value":67.97,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":98.42,"profit":true},{"date":"2024-12-31","value":86.54,"profit":true}]
Income From Continuous Operations44.52M50.33M74.05M75.63M64.09M[{"date":"2020-12-31","value":58.87,"profit":true},{"date":"2021-12-31","value":66.55,"profit":true},{"date":"2022-12-31","value":97.91,"profit":true},{"date":"2023-12-31","value":100,"profit":true},{"date":"2024-12-31","value":84.74,"profit":true}]
Income From Discontinued Operations-----[{"date":"2020-12-31","value":"-","profit":true},{"date":"2021-12-31","value":"-","profit":true},{"date":"2022-12-31","value":"-","profit":true},{"date":"2023-12-31","value":"-","profit":true},{"date":"2024-12-31","value":"-","profit":true}]
Net Income44.52M50.33M74.05M72.88M64.09M[{"date":"2020-12-31","value":60.12,"profit":true},{"date":"2021-12-31","value":67.97,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":98.42,"profit":true},{"date":"2024-12-31","value":86.54,"profit":true}]
EPS (Diluted)1.942.623.073.023.08[{"date":"2020-12-31","value":62.99,"profit":true},{"date":"2021-12-31","value":85.06,"profit":true},{"date":"2022-12-31","value":99.68,"profit":true},{"date":"2023-12-31","value":98.05,"profit":true},{"date":"2024-12-31","value":100,"profit":true}]

Novanta Inc Ratios

Novanta Inc Liquidity Ratios

These ratios help you determine the liquidity of the company. Higher is better.

NOVT
Cash Ratio 0.48
Current Ratio 2.51
Quick Ratio 1.54

Novanta Inc Asset Efficiency Ratios

These ratios help you understand the company's efficiency in using its assets to generate returns. Higher is better. For ROE, average long term is around 14%, less than 10% is poor.

NOVT
ROA (LTM) 5.18%
ROE (LTM) 6.84%

Novanta Inc Liability Ratios

These ratios help you understand the company's liabilities, gauging the riskiness of the investment.

NOVT
Debt Ratio Lower is generally better. Negative is bad. 0.47
Common Equity/Total Assets Higher is better. Lower can suggest investment is riskier. 0.53

Novanta Inc Valuation Ratios

These ratios help you understand the company's valuation. Lower may indicate cheaper stocks.

NOVT
Trailing PE 100.27
Forward PE NM
P/S (TTM) 5.48
P/B 6.53
Price/FCF 1250
EV/R 5.89
EV/Ebitda 31.70
PEG 2.11

FAQs

What is Novanta Inc share price today?

Novanta Inc (NOVT) share price today is $145.63

Can Indians buy Novanta Inc shares?

Yes, Indians can buy shares of Novanta Inc (NOVT) on Vested. To buy

from India, you can open a US Brokerage account on Vested today by clicking on Sign Up or Invest in NOVT stock at the top of this page. The account opening process is completely digital and secure, and takes a few minutes to complete.

Can Fractional shares of Novanta Inc be purchased?

Yes, you can purchase fractional shares of Novanta Inc (NOVT) via the Vested app. You can start investing in Novanta Inc (NOVT) with a minimum investment of $1.

How to invest in Novanta Inc shares from India?

You can invest in shares of Novanta Inc (NOVT) via Vested in three simple steps:

  • Click on Sign Up or Invest in NOVT stock at the top of this page
  • Breeze through our fully digital and secure KYC process and open your US Brokerage account in a few minutes
  • Transfer USD funds to your US Brokerage account and start investing in Novanta Inc shares
What is Novanta Inc 52-week high and low stock price?

The 52-week high price of Novanta Inc (NOVT) is $153.2. The 52-week low price of Novanta Inc (NOVT) is $98.27.

What is Novanta Inc price-to-earnings (P/E) ratio?

The price-to-earnings (P/E) ratio of Novanta Inc (NOVT) is 100.2671

What is Novanta Inc price-to-book (P/B) ratio?

The price-to-book (P/B) ratio of Novanta Inc (NOVT) is 6.53

What is Novanta Inc dividend yield?

The dividend yield of Novanta Inc (NOVT) is 0.00%

What is the Market Cap of Novanta Inc?

The market capitalization of Novanta Inc (NOVT) is $5.20B

What is Novanta Inc's stock symbol?

The stock symbol (or ticker) of Novanta Inc is NOVT

How Can Investors Use Novanta Inc Share Price Data for Long-Term Investment Decisions?

Consider the share price of Novanta Inc as a long-term story and not a daily point list. The price represents a movement of the stock in both good and bad times when looked at over many years. This assists the investors to know whether Novanta Inc has succeeded to expand steadily and overcome market declines. With this price movement observed and the way the business is progressing, it is easier to make a decision whether the stock is worth having in the long term or not.

How does USD - INR currency movement impact returns from Novanta Inc shares for Indian investors?

When investing in Novanta Inc shares, you are not based in India then your investment is not just based on the stock price. It is also determined by the currency movement of the dollar in relation to the rupee. When you have an appreciation of the Novanta Inc stock and the dollar appreciation is also the same, you gain more in terms of rupees. When the rupee appreciated, it will lower your profits. This currency flow is a silent cause of great contribution to your ultimate returns over many years.

How should investors compare Novanta Inc share price with other stocks in the same sector?

Rather than merely checking the share price of Novanta Inc and comparing it with that of other stocks in the same sector, one can check how robust the business is. Investors tend to compare such aspects as profits, cash generation, and the stability of the revenues of the company. This means that Novanta Inc stock in most cases does not react in the same manner as other companies in the sector due to its brand and services revenue.

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