Novanta Inc. (NOVT)

Market Cap	4.64B
Revenue (ttm)	949.25M
Net Income (ttm)	64.09M
Shares Out	35.96M
EPS (ttm)	1.77
PE Ratio	72.93
Forward PE	37.31
Dividend	n/a
Ex-Dividend Date	n/a

Volume	231,477
Open	132.53
Previous Close	132.53
Day's Range	128.27 - 132.65
52-Week Range	128.16 - 187.12
Beta	1.34
Analysts	Hold
Price Target	160.00 (+23.95%)
Earnings Date	May 6, 2025

About NOVT

Novanta Inc., together with its subsidiaries, provides precision medicine, precision manufacturing, medical solutions, robotics and automation solutions, and advanced surgery solutions in the United States and internationally. It operates in two segments, Automation Enabling Technologies and Medical Solutions. The Precision Medicine and Manufacturing segment designs, manufactures, and markets laser beam delivery components, laser beam delivery solutions, CO2 lasers, solid state lasers, ultrafast lasers, optical and inductive encoders, precision...

• Industry: Scientific & Technical Instruments
• Sector: Technology
• Founded: 1968
• Employees: 3,000
• Stock Exchange: NASDAQ
• Ticker Symbol: NOVT
• Website: https://www.novanta.com

Financial Performance

In 2024, Novanta's revenue was $949.25 million, an increase of 7.67% compared to the previous year's $881.66 million. Earnings were $64.09 million, a decrease of -12.06%.

Analyst Forecast

According to one analyst, the rating for NOVT stock is "Hold" and the 12-month stock price forecast is $160.0.

Price Target

$160.0

(23.95% upside)

Analyst Consensus: Hold