Novanta Stock Today

NOVT Stock  USD 136.07  1.60  1.19%   

Performance

Very Weak

 
Weak
 
Strong

Odds Of Distress

Very Small

 
High
 
Low
Novanta is selling for under 136.07 as of the 16th of March 2025; that is 1.19 percent increase since the beginning of the trading day. The stock's last reported lowest price was 134.62. Novanta has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 16th of December 2024 and ending today, the 16th of March 2025. Click here to learn more.
Business Domain
Technology Hardware & Equipment
IPO Date
4th of January 2016
Category
Technology
Classification
Information Technology
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. Novanta Inc. The company has 35.96 M outstanding shares of which 1.73 M shares are now shorted by private and institutional investors with about 7.08 trading days to cover. More on Novanta

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Follow Valuation Options Odds of Bankruptcy
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Novanta Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO ChairmanMatthijs Glastra
Thematic IdeaElectrical Equipment (View all Themes)
Business ConcentrationElectronic Equipment, Instruments & Components, Scientific & Technical Instruments, Information Technology, SP Midcap 400, NASDAQ Composite, Electrical Equipment, Information Technology, Electronic Equipment, Instruments & Components, Scientific & Technical Instruments, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.860.6836
Significantly Up
Slightly volatile
Gross Profit Margin0.320.4441
Way Down
Pretty Stable
Total Current Liabilities109 M167.8 M
Way Down
Slightly volatile
Non Current Liabilities Total498.8 M475 M
Sufficiently Up
Slightly volatile
Total Assets1.5 B1.4 B
Sufficiently Up
Slightly volatile
Total Current Assets294.7 M433.6 M
Way Down
Slightly volatile
Debt Levels
Novanta can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Novanta's financial leverage. It provides some insight into what part of Novanta's total assets is financed by creditors.
Liquidity
Novanta currently holds 467.07 M in liabilities with Debt to Equity (D/E) ratio of 0.87, which is about average as compared to similar companies. Novanta has a current ratio of 1.97, which is within standard range for the sector. Note, when we think about Novanta's use of debt, we should always consider it together with its cash and equity.

Other Non Cash Items

7.43 Million
Novanta (NOVT) is traded on NASDAQ Exchange in USA. It is located in 125 Middlesex Turnpike, Bedford, MA, United States, 01730 and employs 3,000 people. Novanta is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.89 B. Novanta conducts business under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. The entity has 35.96 M outstanding shares of which 1.73 M shares are now shorted by private and institutional investors with about 7.08 trading days to cover. Novanta currently holds about 100.49 M in cash with 158.51 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.82.
Check Novanta Probability Of Bankruptcy
Ownership Allocation
The majority of Novanta outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Novanta to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Novanta. Please pay attention to any change in the institutional holdings of Novanta as this could imply that something significant has changed or is about to change at the company.
Check Novanta Ownership Details

Novanta Stock Institutional Holders

InstituionRecorded OnShares
Allspring Global Investments Holdings, Llc2024-12-31
793.4 K
Capital Research & Mgmt Co - Division 32024-12-31
755.4 K
Neuberger Berman Group Llc2024-12-31
740.9 K
T. Rowe Price Investment Management,inc.2024-12-31
680.2 K
Jpmorgan Chase & Co2024-12-31
657.1 K
Dimensional Fund Advisors, Inc.2024-12-31
639.8 K
Axa Sa2024-12-31
497.5 K
Northern Trust Corp2024-12-31
487.7 K
Wellington Management Company Llp2024-12-31
476 K
Blackrock Inc2024-12-31
4.6 M
Vanguard Group Inc2024-12-31
4.1 M
View Novanta Diagnostics

Novanta Historical Income Statement

At this time, Novanta's Total Operating Expenses is comparatively stable compared to the past year. Income Before Tax is likely to gain to about 83 M in 2025, whereas Total Other Income Expense Net is likely to drop (33.1 M) in 2025. View More Fundamentals

Novanta Stock Against Markets

Novanta Corporate Management

Ray NashCorporate IRProfile
Michele WelshGeneral SecretaryProfile
Nissia SabriSenior DevelopmentProfile
Sarah BetadamChief OfficerProfile
Heinrich DreyerGroup SolutionsProfile
Peter ChangCorporate OfficerProfile
Brian YoungChief Human Resource OfficerProfile

Additional Tools for Novanta Stock Analysis

When running Novanta's price analysis, check to measure Novanta's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Novanta is operating at the current time. Most of Novanta's value examination focuses on studying past and present price action to predict the probability of Novanta's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novanta's price. Additionally, you may evaluate how the addition of Novanta to your portfolios can decrease your overall portfolio volatility.