Novanta Inc. (NOVT)
Market Cap | 5.89B |
Revenue (ttm) | 875.81M |
Net Income (ttm) | 73.50M |
Shares Out | 35.81M |
EPS (ttm) | 2.05 |
PE Ratio | 82.81 |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 52,425 |
Open | 168.37 |
Previous Close | 169.77 |
Day's Range | 162.41 - 168.38 |
52-Week Range | 110.84 - 173.10 |
Beta | 1.30 |
Analysts | Hold |
Price Target | 161.00 (-2.06%) |
Earnings Date | May 9, 2023 |
About NOVT
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. The company's Photonics segment offers photonics-based solutions, including laser scanning and 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 sequen... [Read more]
Financial Performance
In 2022, Novanta's revenue was $860.90 million, an increase of 21.80% compared to the previous year's $706.79 million. Earnings were $74.05 million, an increase of 47.13%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for NOVT stock is "Hold" and the 12-month stock price forecast is $161.0.
News

Novanta to Present at Baird's 2023 Global Consumer, Technology & Services Conference on Wednesday, June 7, 2023
BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the "Company"), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that Matthijs Gla...

Novanta to Present at the William Blair 43rd Annual Growth Stock Conference on Tuesday, June 6, 2023
BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the "Company"), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that Matthijs Gla...

Novanta Announces Financial Results for the First Quarter 2023
BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (“Novanta” or the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, today reported finan...

Novanta Inc. Schedules Earnings Release and Conference Call for Tuesday, May 9, 2023
BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, will release its first quarter 20...

Novanta Announces Financial Results for the Fourth Quarter and Full Year 2022
BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (“Novanta” or the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, today reported finan...

Novanta Inc. Schedules Earnings Release and Conference Call for Wednesday, March 1, 2023
BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, will release its fourth quarter...

Novanta to Present at the CJS Securities 23rd Annual New Ideas for the New Year Investor Conference on Wednesday, January 11, 2023
BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the "Company"), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that Robert Buc...

Novanta to Present at the J.P. Morgan Healthcare Conference on Tuesday, January 10, 2023
BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the "Company"), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that Matthijs G...

Novanta Announces Financial Results for the Third Quarter 2022
BEDFORD, Mass.

Novanta to Present at the Baird 2022 Global Industrial Conference on Wednesday, November 9, 2022
BEDFORD, Mass.

Novanta Inc. Schedules Earnings Release and Conference Call for Tuesday, November 8, 2022
BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, will release its third quarter 20...

Novanta Announces Financial Results for the Second Quarter 2022
BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, today reported financial results ...

Novanta Inc. Schedules Earnings Release and Conference Call for Tuesday, August 9, 2022
BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, will release its second quarter 2...

Novanta to Present at the CJS Securities 22nd Annual “New Ideas” Summer Conference on Tuesday, July 12, 2022
BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the "Company"), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that Matthijs Gla...

Novanta to Present at Baird's 2022 Global Consumer, Technology & Services Conference on Tuesday, June 7, 2022
BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the "Company"), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that Robert Buckl...

Novanta to Present at the William Blair 42nd Annual Growth Stock Conference on Monday, June 6, 2022
BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the "Company"), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that Robert Buckl...

Novanta Announces Financial Results for the First Quarter 2022
BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, today reported financial results ...

Novanta Inc. Schedules Earnings Release and Conference Call for Tuesday, May 10, 2022
BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, will release its first quarter 20...

Novanta Announces Financial Results for the Fourth Quarter and Full Year 2021
BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (“Novanta” or the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, today reported finan...

Novanta Partners with MassRobotics to Advance Next Generation of Robotics
BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Partners with MassRobotics to Advance Next Generation of Robotics

Novanta Inc. Schedules Earnings Release and Conference Call for Tuesday, March 01, 2022
BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, will release its fourth quarter a...

Novanta to Present at the CJS Securities 22nd Annual New Ideas for the New Year Investor Conference on Wednesday, January 12, 2022
BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the "Company"), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that Robert Buckl...

Novanta to Present at the J.P. Morgan Healthcare Conference on Tuesday, January 11, 2022
BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq:NOVT) (the "Company"), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that Matthijs Glas...

Novanta Announces Financial Results for the Third Quarter 2021
BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq:NOVT) (the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, today reported financial results f...

Novanta to Present at Baird's 2021 Global Industrial Conference on Wednesday, November 10, 2021
BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq:NOVT) (the "Company"), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that Matthijs Glas...