Novanta Inc. (NOVT)

$156.25

-1.56

(-0.99%)▲

Market is closed - opens 7 PM, 26 Apr 2024

Insights on Novanta Inc.

  • Decreasing Revenue

    Revenue is down for the last 3 quarters, 229.46M → 211.56M (in $), with an average decrease of 4.0% per quarter

  • Decreasing Net Profit

    Netprofit is down for the last 2 quarters, 21.22M → 12.51M (in $), with an average decrease of 41.1% per quarter

  • Vs GRMN

    In the last 1 year, Garmin Ltd. has given 50.0% return, outperforming this stock by 46.9%

Performance

  • $154.54
    $156.89
    $156.25
    downward going graph

    1.09%

    Downside

    Day's Volatility :1.5%

    Upside

    0.41%

    downward going graph
  • $111.20
    $187.61
    $156.25
    downward going graph

    28.83%

    Downside

    52 Weeks Volatility :40.73%

    Upside

    16.72%

    downward going graph

Returns

PeriodNovanta Inc.Sector (Technology)Index (Russel 2000)
3 Months
0.36%
-1.8%
0.0%
6 Months
22.24%
23.6%
0.0%
1 Year
3.14%
35.5%
2.2%
3 Years
11.35%
38.1%
-23.0%

Highlights

Market Capitalization
5.7B
Book Value
$18.8
Earnings Per Share (EPS)
2.02
PE Ratio
78.7
PEG Ratio
2.11
Wall Street Target Price
178.5
Profit Margin
8.27%
Operating Margin TTM
9.71%
Return On Assets TTM
5.96%
Return On Equity TTM
11.65%
Revenue TTM
881.7M
Revenue Per Share TTM
24.6
Quarterly Revenue Growth YOY
-3.1%
Gross Profit TTM
378.6M
EBITDA
164.2M
Diluted Eps TTM
2.02
Quarterly Earnings Growth YOY
-0.19
EPS Estimate Current Year
3.25
EPS Estimate Next Year
4.08
EPS Estimate Current Quarter
0.63
EPS Estimate Next Quarter
0.63

Analyst Recommendation

Buy
    77%Buy
    22%Hold
    0
    0%Sell
Based on 9 Wall street analysts offering stock ratings for Novanta Inc.(by analysts ranked 0 to 5 stars)
Based on 9 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
7
7
7
Hold
2
2
2
Sell
00
00
00

Analyst Forecast

What analysts predicted

Upside of 14.24%

Current $156.25
Target $178.50

Company Financials

FY18Y/Y Change
Revenue
614.3M
↑ 17.85%
Net Income
49.1M
↓ 18.22%
Net Profit Margin
7.99%
↓ 3.53%
FY19Y/Y Change
Revenue
626.1M
↑ 1.91%
Net Income
40.8M
↓ 16.97%
Net Profit Margin
6.51%
↓ 1.48%
FY20Y/Y Change
Revenue
590.6M
↓ 5.67%
Net Income
44.5M
↑ 9.19%
Net Profit Margin
7.54%
↑ 1.03%
FY21Y/Y Change
Revenue
706.8M
↑ 19.67%
Net Income
50.3M
↑ 13.05%
Net Profit Margin
7.12%
↓ 0.42%
FY22Y/Y Change
Revenue
860.9M
↑ 21.8%
Net Income
74.1M
↑ 47.13%
Net Profit Margin
8.6%
↑ 1.48%
FY23Y/Y Change
Revenue
881.7M
↑ 2.41%
Net Income
72.9M
↓ 1.58%
Net Profit Margin
8.27%
↓ 0.33%
Q3 FY22Q/Q Change
Revenue
223.0M
↑ 3.53%
Net Income
22.5M
↑ 28.67%
Net Profit Margin
10.09%
↑ 1.97%
Q4 FY22Q/Q Change
Revenue
218.4M
↓ 2.06%
Net Income
15.3M
↓ 32.14%
Net Profit Margin
6.99%
↓ 3.1%
Q1 FY23Q/Q Change
Revenue
219.1M
↑ 0.34%
Net Income
18.3M
↑ 19.68%
Net Profit Margin
8.34%
↑ 1.35%
Q2 FY23Q/Q Change
Revenue
229.5M
↑ 4.72%
Net Income
20.9M
↑ 14.31%
Net Profit Margin
9.1%
↑ 0.76%
Q3 FY23Q/Q Change
Revenue
221.5M
↓ 3.47%
Net Income
21.2M
↑ 1.65%
Net Profit Margin
9.58%
↑ 0.48%
Q4 FY23Q/Q Change
Revenue
211.6M
↓ 4.48%
Net Income
12.5M
↓ 41.05%
Net Profit Margin
5.91%
↓ 3.67%
FY18Y/Y Change
Total Assets
719.6M
↓ 0.98%
Total Liabilities
351.3M
↓ 15.38%
FY19Y/Y Change
Total Assets
869.7M
↑ 20.87%
Total Liabilities
452.6M
↑ 28.82%
FY20Y/Y Change
Total Assets
865.2M
↓ 0.52%
Total Liabilities
388.4M
↓ 14.18%
FY21Y/Y Change
Total Assets
1.2B
↑ 41.92%
Total Liabilities
706.6M
↑ 81.94%
FY22Y/Y Change
Total Assets
1.2B
↑ 1.09%
Total Liabilities
663.6M
↓ 6.08%
FY23Y/Y Change
Total Assets
1.2B
↓ 1.22%
Total Liabilities
552.6M
↓ 16.73%
Q3 FY22Q/Q Change
Total Assets
1.2B
↑ 0.14%
Total Liabilities
665.3M
↓ 1.24%
Q4 FY22Q/Q Change
Total Assets
1.2B
↑ 2.79%
Total Liabilities
663.6M
↓ 0.26%
Q1 FY23Q/Q Change
Total Assets
1.2B
↓ 1.24%
Total Liabilities
627.8M
↓ 5.4%
Q2 FY23Q/Q Change
Total Assets
1.2B
↑ 0.56%
Total Liabilities
606.7M
↓ 3.36%
Q3 FY23Q/Q Change
Total Assets
1.2B
↓ 3.12%
Total Liabilities
549.4M
↓ 9.44%
Q4 FY23Q/Q Change
Total Assets
1.2B
↑ 2.66%
Total Liabilities
552.6M
↑ 0.58%
FY18Y/Y Change
Operating Cash Flow
89.6M
↑ 41.45%
Investing Cash Flow
-45.6M
↓ 74.3%
Financing Cash Flow
-60.2M
↓ 141.98%
FY19Y/Y Change
Operating Cash Flow
63.2M
↓ 29.45%
Investing Cash Flow
-63.8M
↑ 40.04%
Financing Cash Flow
-3.9M
↓ 93.46%
FY20Y/Y Change
Operating Cash Flow
140.2M
↑ 121.73%
Investing Cash Flow
-13.2M
↓ 79.39%
Financing Cash Flow
-84.4M
↑ 2043.76%
FY21Y/Y Change
Operating Cash Flow
94.6M
↓ 32.53%
Investing Cash Flow
-306.7M
↑ 2231.29%
Financing Cash Flow
204.8M
↓ 342.72%
FY22Y/Y Change
Operating Cash Flow
90.8M
↓ 4.06%
Investing Cash Flow
-42.5M
↓ 86.13%
Financing Cash Flow
-60.2M
↓ 129.38%
Q3 FY22Q/Q Change
Operating Cash Flow
14.8M
↓ 38.66%
Investing Cash Flow
-25.7M
↑ 342.92%
Financing Cash Flow
-1.2M
↓ 91.1%
Q4 FY22Q/Q Change
Operating Cash Flow
40.6M
↑ 175.17%
Investing Cash Flow
-4.3M
↓ 83.41%
Financing Cash Flow
-23.5M
↑ 1863.63%
Q1 FY23Q/Q Change
Operating Cash Flow
10.2M
↓ 74.77%
Investing Cash Flow
-3.6M
↓ 14.98%
Financing Cash Flow
-25.1M
↑ 6.73%
Q2 FY23Q/Q Change
Operating Cash Flow
26.2M
↑ 155.71%
Investing Cash Flow
-3.3M
↓ 8.12%
Financing Cash Flow
-15.8M
↓ 37.15%

Technicals Summary

Sell

Neutral

Buy

Novanta Inc. is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.

More on Technical Analysis

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Novanta Inc.
Novanta Inc.
-9.13%
22.24%
3.14%
11.35%
87.58%
Teledyne Technologies Inc
Teledyne Technologies Inc
-14.1%
-2.89%
-12.88%
-17.69%
46.33%
Trimble Navigation Limited
Trimble Navigation Limited
-6.19%
25.97%
28.95%
-29.26%
46.47%
Fortive Corp
Fortive Corp
-9.93%
17.72%
16.43%
3.22%
3.52%
Garmin Ltd.
Garmin Ltd.
-3.13%
40.35%
49.99%
0.8%
66.42%
Keysight Technologies, Inc.
Keysight Technologies, Inc.
-3.72%
22.51%
3.79%
-1.44%
70.7%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Novanta Inc.
Novanta Inc.
78.7
78.7
2.11
3.25
0.12
0.06
NA
18.8
Teledyne Technologies Inc
Teledyne Technologies Inc
19.62
19.62
0.98
20.56
0.1
0.05
NA
194.82
Trimble Navigation Limited
Trimble Navigation Limited
47.75
47.75
2.22
2.73
0.07
0.04
NA
18.26
Fortive Corp
Fortive Corp
31.83
31.83
1.39
3.8
0.09
0.04
0.0
29.42
Garmin Ltd.
Garmin Ltd.
21.24
21.24
5.62
5.38
0.2
0.08
0.02
36.56
Keysight Technologies, Inc.
Keysight Technologies, Inc.
26.94
26.94
3.0
6.17
0.21
0.09
NA
27.6
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Novanta Inc.
Novanta Inc.
Buy
$5.7B
87.58%
78.7
8.27%
Teledyne Technologies Inc
Teledyne Technologies Inc
Buy
$19.3B
46.33%
19.62
15.72%
Trimble Navigation Limited
Trimble Navigation Limited
Buy
$14.6B
46.47%
47.75
8.19%
Fortive Corp
Fortive Corp
Buy
$27.2B
3.52%
31.83
14.28%
Garmin Ltd.
Garmin Ltd.
Buy
$27.3B
66.42%
21.24
24.67%
Keysight Technologies, Inc.
Keysight Technologies, Inc.
Buy
$25.6B
70.7%
26.94
18.14%

Institutional Holdings

  • BlackRock Inc

    12.38%

  • Vanguard Group Inc

    10.63%

  • T. Rowe Price Associates, Inc.

    5.37%

  • Conestoga Capital Advisors, LLC

    3.58%

  • State Street Corporation

    3.40%

  • William Blair Investment Management, LLC

    2.69%

Company Information

novanta (nasdaq: novt) delivers innovations that matter for its medical and advanced industrial oem customers. if you have a passion for solving complex technical problems that lead to breakthrough performance and that enhance people's lives, come join our growing team. here is a sample of the many exciting applications we serve: • innovations that ensure the safety of patients and efficient workflows in hospitals using our novel rfid technology • innovations in additive manufacturing, also known as 3-d metal printing, using our lightning fast lasers and laser beam steering sub-systems • innovations in minimally invasive surgery using our highly reliable insufflators, pumps and visualization systems • innovations in robotics and automation using our precision motors, encoders and drives for superior accuracy • innovations in smartphone production using our fast, accurate lasers and laser beam steering equipment along with our precision motion systems the driving force behind our grow

Organization
Novanta Inc.
Employees
2900
CEO
Mr. Matthijs Glastra
Industry
Electronic Technology

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