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Company ProfileNovanta Inc. Tangible Equity Units
  • Company Overview
  • Financial Data
  • Peer Comparison
  • Ownership & News
  • Discussion
NOVTU
Novanta Inc. Tangible Equity Units Stock AnalysisComprehensive stock analysis for Novanta Inc. Tangible Equity Units (NOVTU) including live price, Snowflake performance metrics, financial statements, and investment research.Stock AnalysisNOVTU
NOVTU
Novanta Inc. Tangible Equity Units
  • Company Overview
  • Financial Data
  • Peer Comparison
  • Ownership & News
  • Discussion
NOVTU
Home🔹Stocks🔹Novanta Inc. Tangible Equity Units

Novanta Inc. Tangible Equity Units

🇺🇸NOVTU•NASDAQ

Novanta Inc. Tangible Equity Units

🇺🇸NOVTU•NASDAQ
Market cap
$2.17B
Sentiment

Your view on NOVTU

Mkt Cap
$2.17B
Sentiment
Your view
Company Overview

Overview

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

About Novanta Inc. Tangible Equity Units

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. specializes in the development, manufacturing, and global commercialization of advanced components and integrated sub-systems across photonics, vision, and precision motion technologies. Catering to original equipment manufacturers (OEMs), its solutions are vital for medical and industrial applications worldwide.

The company's Photonics segment delivers sophisticated solutions, encompassing laser scanning, beam delivery systems, various laser types (CO2, solid state, ultrafast), and optical light engines.

These innovations find applications in industrial processing, precise measurement (metrology), medical and life science imaging, genetic sequencing, and diverse medical laser interventions.

The Vision division supplies an array of medical-grade technologies, such as insufflators, pumps, and related disposables, alongside advanced visualization solutions.

It also offers wireless communication, video recording devices, and video integration systems specifically designed for operating room environments, in addition to optical data acquisition, machine vision, radio frequency identification (RFID), thermal chart recorders, spectrometry, and embedded touchscreen technologies.

Furthermore, its Precision Motion segment provides expertise in optical and inductive encoders, high-precision motors, advanced servo drives and motion control solutions, integrated stepper motors, intelligent robotic end-effectors, and air bearing systems, including spindles. Novanta Inc. employs a diverse sales strategy, leveraging its direct sales force alongside resellers, distributors, and system integrators.

Its extensive product portfolio is marketed under a collection of well-known brands, including 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.

Tracing its origins to 1968, Novanta Inc. was formerly known as GSI Group, Inc., adopting its current name in May 2016. The company's headquarters are situated in Bedford, Massachusetts.

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. Tangible Equity Units, and the rating behind it. NOVTU last traded at $60.99, 90.3× 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. Tangible Equity Units. Starting points for Novanta Inc. Tangible Equity Units: P/E 90.3, 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. Tangible Equity Units. Novanta Inc. Tangible Equity Units paid $2.34 per share over the last year — a 3.8% yield at the current $60.99 price. 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. Tangible Equity Units. Trailing twelve-month EPS for Novanta Inc. Tangible Equity Units 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. Tangible Equity Units. Novanta Inc. Tangible Equity Units 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. Tangible Equity Units valued side by side against its closest peers. Novanta Inc. Tangible Equity Units 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. Tangible Equity Units, and how their positions are changing. At a $2.17B market value, institutional positions materially move Novanta Inc. Tangible Equity Units'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. Tangible Equity Units executives and directors. Shares of Novanta Inc. Tangible Equity Units have traded between $47.57 and $75.59 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. Tangible Equity Units. Novanta Inc. Tangible Equity Units is a $2.17B 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. Tangible Equity Units. 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. Tangible Equity Units. Coverage tracks Novanta Inc. Tangible Equity Units within Hardware, Equipment & Parts (Technology). Press releases and market coverage, newest first.

Discussion

Comments

Comments and replies from FRC members about this company.

Peer companies

  • CGNXCognex Corporation
  • COHRCoherent, Inc.
  • FNFabrinet
  • IPGPIPG Photonics Corporation
  • LPTHLightPath Technologies, Inc.
  • MKSIMKS Inc.
  • OPTXSyntec Optics Holdings, Inc.
  • POCIPrecision Optics Corporation, Inc.

ETFs holding Novanta Inc. Tangible Equity Units

Largest holders, then the funds most concentrated in NOVTU · % = share of the fund

  • PFFiShares Preferred and Income Securities ETF0.40%
  • PFXFVanEck Preferred Securities ex Financials ETF0.85%
  • IYLDiShares Morningstar Multi-Asset Income ETF0.06%
NOVTU Analysis
Fair
Past4
Growth2
Health4
Profit1
Value1

News

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