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Novanta Inc

NOVT | US

131.22

USD

-5.37

-3.93%

NOVT | US

About Novanta Inc

Sector

Technology

Industry

Scientific & Technical Instruments

Earnings date

30/06/2024

As of date

06/03/2026

Close

131.22

Open

134.10

High

135.00

Low

130.06

Novanta Inc. together with its subsidiaries designs manufactures markets and sells photonics vision and precision motion in the United States and internationally. The company operates through three segments: Photonics Vision and Precision Motion. The Photonics 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 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. The 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 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.

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NOVT | US

Risk
45.3
Sharpe
-0.26
Luna's Score
31/100
Recommendation
Sell

Luna says (NOVT | US)

What's Working
What's not Working

Negative Momentum (Declining Price)

Weakness based on declining price with high volume

Price Below SMA10D

High Short-term Volatility

Midcap (2B - 10B USD)

High Market Beta (> 0.8)

High Debt to Equity (> 0.75)

Rich in Valuation (Price to Book > 8)

Weak Sharpe Ratio (< 0.3)

Volatility Signals

Bearish: Increased Volatility (6-month > 1-month volatility)

Risk Meter

10 days

45.2%

1 month

45.3%

3 months

45.1%

6 months

52.2%

Returns

Fundamental Ratios

PE

104.40

Fwd. PE

-

Price to book

9.06

Debt to equity

0.77

Debt to assets

0.38

Ent. to EBITDA

40.65

Ent. to rev.

7.55

PEG

2.11

Other Fundamentals

EBITDA

161.46M

MarketCap

4.71B

MarketCap(USD)

4.71B

Div. yield

-

Op. margin

11.98

Erngs. growth

-34.50

Rev. growth

2.80

Ret. on equity

9.36

Short ratio

10.56

Short perc.

5.97

Market Sentiment (SMA and Price signals)

Short-term: Bearish (SMA10D < SMA1M)

Intermediate-term: Bullish (SMA1M > SMA3M)

Long-term: Bearish (SMA6M < SMA12M)

SMAs: Stock Price Trends

Range10D

19.95

Range1M

19.95

Range3M

39.75

Volumes: Market Activity

Rel. volume

1.36

Price X volume

77.26M

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  • 1

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  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA40.6535.36Par
Ent. to Revenue7.554.06Expensive
PE Ratio104.4045.53Expensive
Price to Book9.064.49Expensive
Dividend Yield-1.20-
Std. Deviation (3M)45.0742.23Par
Debt to Equity0.770.45Expensive
Debt to Assets0.380.20Expensive
Market Cap4.71B8.03BEmerging
  • 1

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