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Novanta Inc. (NOVT)

Stock Price: $114.46 USD -0.24 (-0.21%)
Updated Aug 7, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 4.02B
Revenue (ttm) 613.96M
Net Income (ttm) 41.75M
Shares Out 35.12M
EPS (ttm) 1.18
PE Ratio 97.00
Forward PE n/a
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day Aug 7, 2020
Last Price $114.46
Previous Close $114.70
Change ($) -0.24
Change (%) -0.21%
Day's Open 114.92
Day's Range 112.65 - 117.00
Day's Volume 126,381
52-Week Range 66.44 - 117.93

More Stats

Market Cap 4.02B
Enterprise Value 4.18B
Earnings Date (est) Nov 10, 2020
Ex-Dividend Date n/a
Shares Outstanding 35.12M
Float 34.16M
EPS (basic) 1.18
EPS (diluted) 1.18
FCF / Share 2.40
Dividend n/a
Dividend Yield n/a
Earnings Yield 1.03%
FCF Yield 2.10%
Payout Ratio n/a
Shares Short 591,701
Short Ratio 4.42
Short % of Float 1.71%
Beta 1.24
PE Ratio 97.00
Forward PE n/a
P/FCF Ratio 47.73
PS Ratio 6.55
PB Ratio 9.75
Revenue 613.96M
Operating Income 52.74M
Net Income 41.75M
Free Cash Flow 84.23M
Net Cash -157.78M
Net Cash / Share -4.49
Gross Margin 42.89%
Operating Margin 8.59%
Profit Margin 6.80%
FCF Margin 13.72%
ROA 5.16%
ROE 10.21%
ROIC 10.90%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (3)

Buy 1
Overweight 0
Hold 2
Underweight 0
Sell 0

Analyst Consensus: Overweight

Price Target

$102.00*
(-10.89% downside)
Low
90.0
Current: $114.46
High
114.0
Target: 102.00
*Average 12-month price target from 2 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 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. 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.