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Novanta Inc, Common Stock

NOVT

NSQ

$153.5

+$0.04

(0.03%)

1D
Industry: Electronic Equipment, Instruments & Components Sector: Information Technology

Analyst Forecast

Price Chart

Key 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.
$5.62B
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.
94.2229
Volume info-icon
This is the total number of shares traded during the most recent trading day.
430.83K
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.
1.29
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).
$146.86 L
$187.12 H
$153.5

About Novanta Inc, Common Stock

Novanta Inc., together with its subsidiaries, provides precision medicine and manufacturing, medical solutions, and robotics and automation solutions in the United States and internationally. The company operates through three segments: Precision Medicine and Manufacturing, Medical Solutions, and Robotics and Automation. The Precision Medicine and Manufacturing segment offers photonics-based solutions, including laser scanning, beam delivery, CO2 laser, solid state laser, ultrafast laser, and optical light engine products serving photonics-based applications for industrial processing, metrology, medical and life science imaging, DNA sequencing, and medical laser procedures. The Medical Solutions segment provides a range of medical grade technologies, including medical insufflators, pumps, and related disposables; visualization solutions; wireless technologies, video recorders, and video integration technologies for operating room integrations; optical data collection and machine vision technologies; radio frequency identification technologies; thermal chart recorders; spectrometry technologies; and embedded touch screen solutions. The Robotics and Automation segment offers optical and inductive encoders, precision motors, servo drives and motion control solutions, integrated stepper motors, intelligent robotic end-of-arm technology solutions, air bearings, and air bearing spindles. 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

Returns

Time FrameNOVTSectorS&P500
1-Week Return-7.64%-2.74%-3%
1-Month Return-6.94%0.59%-0.73%
3-Month Return-12.05%4.48%2.87%
6-Month Return-7.07%1.61%7.17%
1-Year Return-6.64%22.58%25.31%
3-Year Return-9.15%40.42%28.38%
5-Year Return67.76%155.62%81.89%
10-Year Return951.37%452.63%183.27%

Financials

Dec '19Dec '20Dec '21Dec '22Dec '235YR TREND
Total Revenue626.10M590.62M706.79M860.90M881.66M[{"date":"2019-12-31","value":71.01,"profit":true},{"date":"2020-12-31","value":66.99,"profit":true},{"date":"2021-12-31","value":80.17,"profit":true},{"date":"2022-12-31","value":97.65,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
Cost of Revenue364.01M346.11M406.46M482.43M481.76M[{"date":"2019-12-31","value":75.45,"profit":true},{"date":"2020-12-31","value":71.74,"profit":true},{"date":"2021-12-31","value":84.25,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":99.86,"profit":true}]
Gross Profit262.08M244.52M300.33M378.47M399.90M[{"date":"2019-12-31","value":65.54,"profit":true},{"date":"2020-12-31","value":61.14,"profit":true},{"date":"2021-12-31","value":75.1,"profit":true},{"date":"2022-12-31","value":94.64,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
Gross Margin41.86%41.40%42.49%43.96%45.36%[{"date":"2019-12-31","value":92.29,"profit":true},{"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}]
Operating Expenses190.23M184.82M218.25M271.01M289.40M[{"date":"2019-12-31","value":65.73,"profit":true},{"date":"2020-12-31","value":63.86,"profit":true},{"date":"2021-12-31","value":75.42,"profit":true},{"date":"2022-12-31","value":93.64,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
Operating Income89.21M55.89M100.22M103.08M110.50M[{"date":"2019-12-31","value":80.74,"profit":true},{"date":"2020-12-31","value":50.58,"profit":true},{"date":"2021-12-31","value":90.7,"profit":true},{"date":"2022-12-31","value":93.29,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
Total Non-Operating Income/Expense(51.94M)(14.05M)(15.27M)(31.54M)(52.33M)[{"date":"2019-12-31","value":-5193700000,"profit":false},{"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}]
Pre-Tax Income45.77M48.40M56.17M87.16M83.75M[{"date":"2019-12-31","value":52.51,"profit":true},{"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}]
Income Taxes4.99M3.88M5.84M13.11M10.87M[{"date":"2019-12-31","value":38.09,"profit":true},{"date":"2020-12-31","value":29.62,"profit":true},{"date":"2021-12-31","value":44.56,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":82.93,"profit":true}]
Income After Taxes40.77M44.52M50.33M74.05M72.88M[{"date":"2019-12-31","value":55.06,"profit":true},{"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}]
Income From Continuous Operations40.77M44.52M50.33M74.05M75.63M[{"date":"2019-12-31","value":53.91,"profit":true},{"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}]
Income From Discontinued Operations-----[{"date":"2019-12-31","value":"-","profit":true},{"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}]
Net Income40.77M44.52M50.33M74.05M72.88M[{"date":"2019-12-31","value":55.06,"profit":true},{"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}]
EPS (Diluted)2.151.942.623.073.02[{"date":"2019-12-31","value":70.03,"profit":true},{"date":"2020-12-31","value":63.19,"profit":true},{"date":"2021-12-31","value":85.34,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":98.37,"profit":true}]

Ratios

Liquidity

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

NOVT
Cash Ratio 0.59
Current Ratio 2.79
Quick Ratio 1.81

Asset Efficiency

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) 5.35%
ROE (LTM) 8.67%

Liabilities

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. 0.48
Common Equity/Total Assets Higher is better. Lower can suggest investment is riskier. 0.52

Valuation

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

NOVT
Trailing PE 94.22
Forward PE NM
P/S (TTM) 6.09
P/B 7.56
Price/FCF 290
EV/R 6.54
EV/Ebitda 35.45
PEG 2.11

FAQs

What is Novanta Inc share price today?

Novanta Inc (NOVT) share price today is $153.5

Can Indians buy Novanta Inc shares?

Yes, Indians can buy shares of Novanta Inc (NOVT) on Vested. To buy Novanta Inc 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 $187.12. The 52-week low price of Novanta Inc (NOVT) is $146.86.

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

The price-to-earnings (P/E) ratio of Novanta Inc (NOVT) is 94.2229

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

The price-to-book (P/B) ratio of Novanta Inc (NOVT) is 7.56

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 $5.62B

What is Novanta Inc’s stock symbol?

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

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