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Novanta Inc. Stock AnalysisComprehensive stock analysis for Novanta Inc. (NOVT) including live price, Snowflake performance metrics, financial statements, and investment research.Stock AnalysisNOVT
NOVT
Novanta Inc.
  • Company Overview
  • FRC Research
  • Financial Data
  • Peer Comparison
  • Ownership & News
NOVT
Home🔹Stocks🔹Novanta Inc.

Novanta Inc.

🇺🇸NOVT•NASDAQ

Novanta Inc.

🇺🇸NOVT•NASDAQ
Market cap
$5.22B
Sentiment

Your view on NOVT

Mkt Cap
$5.22B
Sentiment
Your view
NOVT
Novanta Inc.
  • Company Overview
  • FRC Research
  • Financial Data
  • Peer Comparison
  • Ownership & News
NOVT
Company Overview

Overview

What the company does, where it operates, and who runs it.

About Novanta Inc.

Industry
Hardware, Equipment & Parts
Sector
Technology
CEO
Matthijs Glastra
Headquarters
125 Middlesex Turnpike, Bedford, MA, US
Industry
Hardware, Equipment & Parts
Sector
Technology
CEO
Matthijs Glastra
Headquarters
125 Middlesex Turnpike, Bedford, MA, US
Description

Novanta Inc., together with its subsidiaries, designs, manufactures, markets, and sells photonics, vision, and precision motion components and sub-systems to original equipment manufacturers in the medical and industrial markets worldwide.

The company's Photonics segment offers photonics-based solutions, including laser scanning and 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.

It's Vision 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.

In addition, its Precision Motion 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, resellers, distributors, and system integrators under the Cambridge Technology, Synrad, Laser Quantum, ARGES, WOM, NDS, NDSsi, Med X Change, Reach Technology, JADAK, ThingMagic, Photo Research, Celera Motion, MicroE, Zettlex, Applimotion, 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 founded in 1968 and is headquartered in Bedford, Massachusetts.

FRC Research

Media

Infographics, videos, and posts covering the company.

Financial Data

Stock Data

Price chart, volume, and trading data.

Fair Value

What FRC thinks it is worth vs. the current price.

FRC's fair value estimate for Novanta Inc., and the rating behind it. NOVT last traded at $146.56, 92.5× trailing earnings — the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.

Financial Ratios

Profitability, returns, valuation, and leverage ratios.

Valuation, profitability, liquidity and leverage ratios for Novanta Inc.. Starting points for Novanta Inc.: P/E 92.5, EPS $1.51, beta 1.68 — an Hardware, Equipment & Parts name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.

Dividend Analysis

Yield, payout ratio, and dividend coverage metrics.

Dividend history, yield and payout sustainability for Novanta Inc.. Novanta Inc. does not currently pay a regular dividend, so this section tracks capacity rather than history. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.

Earnings Analysis

EPS history, beat rate, and upcoming earnings reports.

Reported vs. expected earnings history for Novanta Inc.. Trailing twelve-month EPS for Novanta Inc. stands at $1.51. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.

Financial Statements

Income statement, balance sheet, and cash flow statements.

Income statement, balance sheet and cash flow history for Novanta Inc.. Novanta Inc. has reported as a listed company since 1999. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.

Peer Comparison

Comparables

List of peer companies in the same industry.

Novanta Inc. valued side by side against its closest peers. Novanta Inc. is measured against Hardware, Equipment & Parts peers within the Technology sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.

Ownership & News

Institutional Ownership

Premium

Which funds and firms own the stock.

Which institutions hold Novanta Inc., and how their positions are changing. At a $5.22B market value, institutional positions materially move Novanta Inc.'s register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.

Insider Trading

Premium

Recent buying and selling by company executives.

Buying and selling by Novanta Inc. executives and directors. Shares of Novanta Inc. have traded between $98.76 and $175.83 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.

Senate Trading

Premium

U.S. Senator disclosures filed under the STOCK Act.

U.S. Senate disclosures naming Novanta Inc.. Novanta Inc. is a $5.22B Technology company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.

House Trading

Premium

U.S. Representative disclosures filed under the STOCK Act.

U.S. House of Representatives disclosures naming Novanta Inc.. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.

News

Latest headlines and market coverage.

Latest headlines and company announcements for Novanta Inc.. Coverage tracks Novanta Inc. within Hardware, Equipment & Parts (Technology). Press releases and market coverage, newest first.

Peer companies

  • BDC — Belden Inc.
  • BMI — Badger Meter, Inc.
  • BULL — Webull Corporation Class A Ordinary Shares
  • ESE — ESCO Technologies Inc.
  • ITRI — Itron, Inc.
  • OSIS — OSI Systems, Inc.
  • PLXS — Plexus Corp.
  • ST — Sensata Technologies Holding plc

ETFs holding Novanta Inc.

  • WELD — Tema U.S. Manufacturing & Reshoring ETF (5.11%)
  • RTOO — VistaShares Robotics Supercycle ETF (3.17%)
  • CSMD — Congress SMID Growth ETF (2.61%)
  • FOTO — Tuttle Capital Pure Play Photonics ETF (1.68%)
  • ROBO.AX — Global X Robo Global Robotics and Automation ETF (1.67%)
  • ROBO — L&G ROBO Global Robotics and Automation UCITS ETF (1.66%)
  • HUMN — Roundhill Investments - Roundhill Humanoid Robotics ETF (1.59%)
  • IBOT — VanEck Robotics ETF (1.43%)

News

Latest Market News