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Market Cap 6.27B P/E 87.14 EPS this Y 7.60% Ern Qtrly Grth -18.00%
Income 72.88M Forward P/E 48.39 EPS next Y 25.50% 50D Avg Chg 1.00%
Sales 881.66M PEG 13.74 EPS past 5Y 10.61% 200D Avg Chg 12.00%
Dividend N/A Price/Book 10.49 EPS next 5Y 3.50% 52W High Chg -7.00%
Recommedations 2.00 Quick Ratio 1.76 Shares Outstanding 35.89M 52W Low Chg 58.00%
Insider Own 0.86% ROA 5.96% Shares Float 35.50M Beta 1.33
Inst Own 101.45% ROE 11.65% Shares Shorted/Prior 1.61M/1.65M Price 175.16
Gross Margin 44.79% Profit Margin 8.27% Avg. Volume 137,040 Target Price 178.50
Oper. Margin 9.71% Earnings Date May 7 Volume 99,001 Change -0.69%
About Novanta Inc.

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.

Novanta Inc. News
NOVT Chatroom

User Image Aigner_Andreas Posted - 3 days ago

TD BUY $NOVT at 153.11, Supp 149.41 Resis 170.49 R14 HiLo 52% T1Y 144 buy 2.2 DIV N/A #Novanta In #stocks #trading #finance #market

User Image Stock_Titan Posted - 1 week ago

$NOVT Novanta to Present at the William Blair 44th Annual Growth Stock Conference on Tuesday, June 4, 2024 https://www.stocktitan.net/news/NOVT/novanta-to-present-at-the-william-blair-44th-annual-growth-stock-j2gof5013fgg.html

User Image Dauphinoise Posted - 2 weeks ago

$NOVT Stonk much?! ðŸĪ·ðŸŧ‍♂ïļ

User Image Stock_Titan Posted - 2 weeks ago

$NOVT Novanta Inc. Schedules Earnings Release and Conference Call for Tuesday, May 7, 2024 https://www.stocktitan.net/news/NOVT/novanta-inc-schedules-earnings-release-and-conference-call-for-pwymhfs7juyu.html

User Image TickerDD_com Posted - 2 weeks ago

From 3/22/2024, looking back across 22 Month-Ends for NOVT, Percentage Change of Average Monthly Price had More Positives (55%) while Percentage Change of Average Monthly Volume had All Positives (100%) $NOVT #NOVT #NOVTStock #TickerDD https://www.youtube.com/watch?v=AvM8qd9fj8I

User Image InsiderPeek Posted - 3 weeks ago

$NOVT CEO Glastra Matthijs sold 5k shares for $860k (ownership down 3.36%) insiderpeek.com/company/NOVT

User Image NC_Racer Posted - 03/27/24

$NOVT book a granny

User Image NC_Racer Posted - 03/27/24

$NOVT name and number biches

User Image NC_Racer Posted - 03/27/24

$NOVT is this the right stonk? bless ur overpriced oldass replacement

User Image Doozio Posted - 03/27/24

$NOVT poor 🐑ðŸĐģs as a 🧠👀 is now 🧠⏰

User Image Stocksrunner Posted - 1 month ago

📉 Short Percent of Float Analysis 📊 $HSY Short Interest Decreased by 7.21%, Reflecting Investor Sentiment. $LBRDA Sees 13.38% Decrease in Short Percent of Float, Positive Sign. $NOVT Witnesses 4.01% Drop in Short Percent of Float, Potential Bullish Indicator. Short interest reflects investor sentiment and market dynamics. Stay informed!

User Image DonCorleone77 Posted - 02/28/24

$NOVT Novanta sees FY24 adjusted EPS $3.10-$3.35, consensus $3.22 Sees FY24 revenue $975M-$1B, consensus $934.9M. "In 2024, we are well positioned to continue to deliver innovative products to our customers that help them differentiate in their end markets," said Matthijs Glastra, CEO. "We believe we are in the right secular high-growth markets, with the right technologies, and with a world-class team, dedicated and aligned to the Novanta mission. In this coming year, we look forward to delivering on an attractive financial framework and sustaining long-term shareholder value." Sees FY24 adjusted Gross Profit Margin 46.0%-47.0%; Adjusted EBITDA $215M-$225M. The Company's guidance assumes no significant changes in foreign exchange rates.

User Image DonCorleone77 Posted - 02/28/24

$NOVT Novanta reports Q4 adjusted EPS 63c, consensus 63c Reports Q4 revenue $211.6M, consensus $210.69M. "Novanta delivered for the full year a record $882M in revenue, adjusted gross margin of 46.8%, and adjusted EBITDA of $196M," said Matthijs Glastra, Chair and CEO of Novanta. "In the fourth quarter, and for the full year, our teams delivered revenue and profit performance above our expectations in a dynamic operating environment. In addition, the recently closed acquisition of Motion Solutions enhances our portfolio and further expands our presence in the highly attractive medical and precision medicine space." Matthijs Glastra continued, "We are proud of the business we have created over the last decade, providing innovations that matter to our customers. We feel we are well positioned with diversified exposure to markets and applications with long-term secular tailwinds, such as robotics and automation, healthcare productivity and precision medicine...."

User Image epsguid Posted - 02/28/24

$NOVT reported earnings of $0.63, consensus was $0.63 via @eWhispers #epsmeet http://eps.sh/d/novt

User Image Stock_Titan Posted - 02/28/24

$NOVT Novanta Announces Financial Results for the Fourth Quarter and Full Year 2023 https://www.stocktitan.net/news/NOVT/novanta-announces-financial-results-for-the-fourth-quarter-and-full-rgu1bjwj1gw1.html

User Image swingingtech Posted - 2 months ago

$NOVT https://wallstreetwaves.com/novt-makes-notable-cross-below-critical-moving-average/

User Image Dauphinoise Posted - 2 months ago

$NOVT Right, you know that this is a boring company that makes medical equipment right?! Why should it move more than speculative companies based in AI?! ðŸĪŠ

User Image Dauphinoise Posted - 2 months ago

$NOVT Not even sure why I hold this any more. 🙄

User Image insiderbuyingselling Posted - 2 months ago

$NOVT new insider selling: 1500 shares. http://insiderbuyingselling.com/?t=NOVT

User Image Dauphinoise Posted - 01/31/24

Wow! How to shit the bed $NOVT 🙄

User Image Stock_Titan Posted - 3 months ago

$NOVT VANTEDGE MEDICAL ANNOUNCES NEW CHIEF EXECUTIVE OFFICER https://www.stocktitan.net/news/NOVT/vantedge-medical-announces-new-chief-executive-l35mb6xm8ttq.html

User Image macroaxis Posted - 3 months ago

$NOVT - Volatility alert: Novanta options pin risk is increasing https://www.macroaxis.com/stock-options/NOVT/Novanta?utm_source=dlvr.it&utm_medium=stocktwits

User Image StockAutomatePro Posted - 3 months ago

$NOVT The stock market doesn't look optimistic based on the chart. We alerted the SELL signal at $171.33 and we were able to close this one with profit at $153.88 📊

User Image MarketBeatInsiderTrades Posted - 3 months ago

Novanta CFO Robert Buckley Sells $491,730.00 in $NOVT www.marketbeat.com/stocks/NASDAQ/NOVT/insider-trades/

User Image MarketBeatInsiderTrades Posted - 3 months ago

Novanta CEO Matthijs Glastra Sells $821,900.00 in $NOVT www.marketbeat.com/stocks/NASDAQ/NOVT/insider-trades/

User Image risenhoover Posted - 3 months ago

Insider Matthijs Glastra reports selling 5,000 shares of $NOVT for a total cost of $821,918.56 https://fintel.io/n/us/novt/glastra-matthijs?utm_source=stocktwits.com&utm_medium=referral&utm_campaign=insider

User Image risenhoover Posted - 3 months ago

Insider Robert Buckley reports selling 3,000 shares of $NOVT for a total cost of $491,717.02 https://fintel.io/n/us/novt/buckley-robert?utm_source=stocktwits.com&utm_medium=referral&utm_campaign=insider

User Image Dauphinoise Posted - 3 months ago

$NOVT Is this a goddamn meme stock now?! 5% off in a day?! Twats

User Image Dauphinoise Posted - 3 months ago

$NOVT

User Image Last10K Posted - 3 months ago

$NOVT just filed with the SEC a New Financial Obligation, a Regulated Disclosure and a Financial Exhibit https://last10k.com/sec-filings/NOVT/0000950170-24-000289.htm?utm_source=stocktwits&utm_medium=forum&utm_campaign=8K&utm_term=NOVT

Analyst Ratings
Baird Neutral May 11, 23
William Blair Outperform May 11, 22
Berenberg Hold Nov 13, 20
Baird Neutral May 13, 20
Baird Neutral Feb 28, 19
Baird Neutral May 9, 18
William Blair Outperform Feb 27, 18
Baird Outperform Dec 8, 17
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
Buckley Robert Chief Financial Offi.. Chief Financial Officer Oct 16 Sell 150.39 1,500 225,585 135,056 10/18/23
Buckley Robert Chief Financial Offi.. Chief Financial Officer Sep 07 Sell 160.63 3,000 481,890 136,556 09/11/23
Young Brian S Chief Human Resource.. Chief Human Resources Officer Feb 21 Option 158.87 700 111,209 34,239 02/23/23
CHANG PETER L CAO-Corporate Contro.. CAO-Corporate Controller Feb 21 Option 158.87 693 110,097 15,238 02/23/23
Young Brian S Chief Human Resource.. Chief Human Resources Officer Feb 02 Sell 171.51 6,000 1,029,060 33,539 02/06/23
Glastra Matthijs Chief Executive Offi.. Chief Executive Officer Jan 23 Sell 155.01 6,500 1,007,565 87,254 01/24/23
Glastra Matthijs Chief Executive Offi.. Chief Executive Officer Jan 11 Sell 145.87 6,500 948,155 93,754 01/13/23
Buckley Robert Chief Financial Offi.. Chief Financial Officer Jan 09 Sell 141.66 3,356 475,411 135,252 01/11/23
Young Brian S Chief Human Resource.. Chief Human Resources Officer Dec 27 Option 14.13 16,221 229,203 45,895 12/29/22
Buckley Robert Chief Financial Offi.. Chief Financial Officer Dec 28 Sell 140.13 216 30,268 133,813 12/29/22
Buckley Robert Chief Financial Offi.. Chief Financial Officer Nov 28 Sell 157.10 4,703 738,841 134,029 11/29/22
Secor Thomas N Director Director Oct 28 Sell 140.00 550 77,000 1,105 10/31/22
CHANG PETER L CAO-Corporate Contro.. CAO-Corporate Controller Feb 24 Option 135.86 482 65,485 14,759 02/28/22
Glastra Matthijs Chief Executive Offi.. Chief Executive Officer Feb 24 Option 135.86 11,574 1,572,444 126,753 02/28/22
CHANG PETER L CAO-Corporate Contro.. CAO-Corporate Controller Feb 22 Option 132.32 1,556 205,890 14,622 02/23/22
Young Brian S Chief Human Resource.. Chief Human Resources Officer Feb 22 Option 132.32 1,188 157,196 28,624 02/23/22
Glastra Matthijs Chief Executive Offi.. Chief Executive Officer Feb 22 Option 132.32 8,403 1,111,885 113,802 02/23/22
Buckley Robert Chief Financial Offi.. Chief Financial Officer Feb 22 Option 132.32 2,881 381,214 146,674 02/23/22