Home » Stocks » NOVT

Novanta Inc. (NOVT)

Stock Price: $118.59 USD 2.72 (2.35%)
Updated November 24, 4:00 PM EST - Market closed

Stock Price Chart

Key Info

Market Cap 4.17B
Revenue (ttm) 602.83M
Net Income (ttm) 41.08M
Shares Out 35.16M
EPS (ttm) 1.15
PE Ratio 103.12
Forward PE n/a
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day November 24
Last Price $118.59
Previous Close $115.87
Change ($) 2.72
Change (%) 2.35%
Day's Open 116.72
Day's Range 115.16 - 119.24
Day's Volume 85,539
52-Week Range 66.44 - 127.91

More Stats

Market Cap 4.17B
Enterprise Value 4.29B
Earnings Date (est) Mar 3, 2021
Ex-Dividend Date n/a
Shares Outstanding 35.16M
Float 34.21M
EPS (basic) 1.16
EPS (diluted) 1.15
FCF / Share 3.39
Dividend n/a
Dividend Yield n/a
Earnings Yield 0.97%
FCF Yield 2.86%
Payout Ratio n/a
Shares Short 427,199
Short Ratio 5.99
Short % of Float 1.25%
Beta 1.16
PE Ratio 103.12
Forward PE n/a
P/FCF Ratio 34.99
PS Ratio 6.92
PB Ratio 8.93
Revenue 602.83M
Operating Income 51.80M
Net Income 41.08M
Free Cash Flow 119.18M
Net Cash -124.78M
Net Cash / Share -3.55
Gross Margin 43.69%
Operating Margin 8.59%
Profit Margin 6.80%
FCF Margin 19.77%
ROA 4.59%
ROE 9.62%
ROIC 11.10%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (4)

Buy 1
Overweight 0
Hold 3
Underweight 0
Sell 0

Analyst Consensus: Overweight

Price Target

$118.00*
(-0.50% downside)
Low
109
Current: $118.59
High
125
Target: 118.00
*Average 12-month price target from 3 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue626614521385374365317244304286
Revenue Growth1.91%17.85%35.49%2.99%2.44%15.08%29.99%-19.88%6.44%-
Gross Profit262262221162158150132106133131
Operating Income55.2871.0157.5732.9628.93-16.8119.4520.2635.859.87
Net Income40.7749.1160.0522.0035.62-24.257.3119.5428.97-0.69
Shares Outstanding35.0334.9134.8234.6934.5834.3534.0733.7833.4823.70
Earnings Per Share1.151.431.130.631.02-0.700.210.580.86-0.03
EPS Growth-19.58%26.55%79.37%-38.24%---63.79%-32.56%--
Operating Cash Flow63.2589.6563.3847.7933.4242.2949.2028.4345.17-4.74
Capital Expenditures-10.70-14.39-9.05-1.43-5.43-5.30-4.52-3.35-4.22-2.66
Free Cash Flow52.5575.2654.3346.3627.9936.9944.6825.0840.96-7.40
Cash & Equivalents78.9482.0410068.1159.9651.1560.9865.7954.8456.78
Total Debt26020723577.9295.8111271.5050.0068.00108
Net Cash / Debt-181-125-135-9.81-35.85-61.23-10.5215.79-13.17-50.79
Assets870720727426416396379337349367
Liabilities453351368167171185136109139188
Book Value417368312259245211242228209178
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Novanta Inc.
Country United States
Employees 2,290
CEO Matthijs Glastra

Stock Information

Ticker Symbol NOVT
Stock Exchange NASDAQ
Sector Technology
Industry Scientific & Technical Instruments
Unique Identifier NASDAQ: NOVT

Description

Novanta, 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. Its Photonics segment offers photonics-based solutions, including laser scanning and laser beam delivery, CO2 laser, solid state laser, ultrafast laser, and optical light engine products for photonics-based applications, such as industrial processing, metrology, medical and life science imaging, DNA sequencing, and medical laser procedures. The company's Vision segment provides a range of medical grade technologies, including medical insufflators, pumps, and related disposables; visualization solutions; wireless, recorder 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. Its Precision Motion segment offers optical and inductive encoders, precision motors, motion control sub-assemblies, servo drives, air bearings, and air bearing spindles. The company sells its products through its direct sales force, resellers, distributors, and system integrators under the Cambridge Technology, Lincoln Laser, Synrad, Laser Quantum, ARGES, WOM, NDS, NDSsi, Med X Change, Reach Technology, JADAK, ThingMagic, Photo Research, General Scanning, Celera Motion, 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 founded in 1968 and is headquartered in Bedford, Massachusetts.