Based on the Novanta Inc stock forecast from 1 analysts, the average analyst target price for Novanta Inc is USD 160.00 over the next 12 months. Novanta Inc’s average analyst rating is Hold . Stock Target Advisor’s own stock analysis of Novanta Inc is Slightly Bullish , which is based on 8 positive signals and 5 negative signals. At the last closing, Novanta Inc’s stock price was USD 117.84. Novanta Inc’s stock price has changed by -8.40% over the past week, -17.59% over the past month and -30.88% over the last year.
No recent analyst target price found for Novanta Inc
No recent average analyst rating found for Novanta Inc
Company Overview Novanta Inc
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 motors, integrated stepper motors, servo drives, motion control solutions, intelligent robotic end-of-arm technology solutions, and air bearing spindles. This segment serves advanced industrial processes, advanced industrial and medical robotics, other medical and life science automation applications, and medical laser procedures, such as ophthalmology applications. The Medical Solutions segment provides a range of medical grade technologies, including medical insufflators, pumps, and related disposables; laser beam delivery solutions; video processing, streaming, and capture; machine vision technologies; radio frequency identification (RFID) technologies; barcode identification technologies; thermal chart recorders; light and color measurement technologies; touch panel displays; and advanced motion control solutions. The company sells its products through its direct sales force and distributors under the Cambridge Technology, Synrad, Laser Quantum, ARGES, WOM, NDS, Med X Change, Reach Technology, JADAK, ThingMagic, Photo Research, General Scanning, ATI Industrial Automation, Celera Motion, IMS, 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 incorporated in 1968 and is headquartered in Bedford, Massachusetts. Read Less
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 Tech...Read More
Frequently Asked Questions About Novanta Inc (NOVT) Stock
Based on ratings from 1 analysts Novanta Inc's stock is Hold . Stock Target Advisor's fundamental analysis is Slightly Bullish . The stock has buy, sell and 1 hold ratings.
Unfortunately we do not have enough data on NOVT's stock to indicate if its a good dividend stock.
Based on targets from 1 analysts, the average taret price for NOVT is USD 160.00 over the next 12 months. The maximum analyst target price is USD 160 while the minimum anlayst target price is USD 160.
NOVT stock's Price/Earning ratio is 58.82.
Our analysis grades NOVT stock's Price / Earning ratio at F. This means that NOVT stock's Price/Earning ratio is above 82% of the stocks in the Scientific & Technical Instruments sector in the NSD exchange.
Based on this NOVT may be a overvalued for its sector.
The last closing price of NOVT's stock was USD 117.84.
The most recent market capitalization for NOVT is USD 3.74B.
Based on targets from 1 analysts, the average taret price for NOVT is projected at USD 160.00 over the next 12 months.
This means that NOVT's stock price may go up by +35.78% over the next 12 months.
We can't find any ETFs which contains Novanta Inc's stock.
As per our most recent records Novanta Inc has 3,000 Employees.
Novanta Inc's registered address is 125 Middlesex Turnpike, Bedford, MA, United States, 01730.
You can get more information about it from Novanta Inc's website at https://www.novanta.com.
Heading 1
Heading 2
Heading 3
Heading 4
Heading 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Stock Target Advisor's Analysis
This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.
What to like
Low debt
The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.
Superior risk adjusted returns
This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.
Positive cash flow
The company had positive total cash flow in the most recent four quarters.
Positive free cash flow
The company had positive total free cash flow in the most recent four quarters.
Superior return on assets
The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.
Superior capital utilization
The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.
High market capitalization
This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.
Superior return on equity
The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.
What not to like
Overpriced compared to book value
The stock is trading high compared to its peers median on a price to book value basis.
Overpriced compared to earnings
The stock is trading high compared to its peers on a price to earning basis and is above the sector median.
High volatility
The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.
Overpriced on cashflow basis
The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.
Overpriced on free cash flow basis
The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.
Frequently Asked Questions About Novanta Inc (NOVT) Stock
Based on ratings from 1 analysts Novanta Inc's stock is Hold . Stock Target Advisor's fundamental analysis is Slightly Bullish . The stock has buy, sell and 1 hold ratings.
Unfortunately we do not have enough data on NOVT's stock to indicate if its a good dividend stock.
Based on targets from 1 analysts, the average taret price for NOVT is USD 160.00 over the next 12 months. The maximum analyst target price is USD 160 while the minimum anlayst target price is USD 160.
NOVT stock's Price/Earning ratio is 58.82.
Our analysis grades NOVT stock's Price / Earning ratio at F. This means that NOVT stock's Price/Earning ratio is above 82% of the stocks in the Scientific & Technical Instruments sector in the NSD exchange.
Based on this NOVT may be a overvalued for its sector.
The last closing price of NOVT's stock was USD 117.84.
The most recent market capitalization for NOVT is USD 3.74B.
Based on targets from 1 analysts, the average taret price for NOVT is projected at USD 160.00 over the next 12 months.
This means that NOVT's stock price may go up by +35.78% over the next 12 months.
We can't find any ETFs which contains Novanta Inc's stock.
As per our most recent records Novanta Inc has 3,000 Employees.
Novanta Inc's registered address is 125 Middlesex Turnpike, Bedford, MA, United States, 01730.
You can get more information about it from Novanta Inc's website at https://www.novanta.com.
Add to Watchlists
loading..
Thank you for Sharing your Stock Targets for NOVT !
Loading...
Please login to proceed
Sorry - extended search is only available for registered users.
