Novanta (NOVT) - Stock Price & Dividends

Exchange: USA Stocks • Country: United States • Currency: USD • Type: Common Stock • ISIN: CA67000B1040

Novanta Inc., traded as NASDAQ:NOVT, is a company that specializes in designing, manufacturing, marketing, and selling photonics, vision, and precision motion products worldwide. They have three main segments: Photonics, Vision, and Precision Motion.

The Photonics segment focuses on providing photonics-based solutions such as laser scanning, beam delivery, CO2 laser, solid state laser, ultrafast laser, and optical light engine products for industrial processing, metrology, medical and life science imaging, DNA sequencing, and medical laser procedures.

The Vision segment offers medical grade technologies like medical insufflators, pumps, wireless technologies, video recorders, optical data collection, machine vision technologies, and more, used in operating room integrations, radio frequency identification applications, and spectrometry technologies.

The Precision Motion segment specializes in optical and inductive encoders, precision motors, servo drives, motion control solutions, integrated stepper motors, robotic end-of-arm technology solutions, air bearings, and air bearing spindles.

Novanta Inc. markets its diverse range of products through direct sales and distributors under various brand names such as Cambridge Technology, Synrad, Laser Quantum, ARGES, MED X Change, JADAK, and many more. The company was initially GSI Group, Inc. before rebranding to Novanta Inc. in 2016. Founded in 1968, Novanta Inc. is headquartered in Bedford, Massachusetts. For more information, visit their website: https://www.novanta.com.

Drawdown (Underwater) Chart

Drawdown / Underwater Chart for Novanta (NOVT) - Stock Price & Dividends

NOVT Stock Overview

Market Cap in USD 6,309m
Sector Technology
Industry Scientific & Technical Instruments
GiC SubIndustry Electronic Equipment & Instruments
TER 0.00%
IPO / Inception 2016-01-04

NOVT Stock Ratings

Fundamental 5.73
Dividend -
Growth 5y 5.73
Rel. Performance vs Sector -2.30
Analysts 3.75/5
Fair Price Momentum 168.05 USD
Fair Price DCF 75.11 USD

NOVT Dividends

Yield 12m 0.00%
Yield on Cost 5y 0.00%
Dividends CAGR 5y 0.00%
Payout Consistency 0.0%

NOVT Growth Ratios

Growth 12m 13.92%
Growth Correlation 12m 0%
Growth Correlation 3m 45%
CAGR 5y 15.04%
Sharpe Ratio 12m 0.24
Alpha vs SP500 12m -22.33
Beta vs SP500 5y weekly 1.15
ValueRay RSI 55.52
Volatility GJR Garch 1y 34.22%
Price / SMA 50 5.18%
Price / SMA 200 9.63%
Current Volume 206.2k
Average Volume 20d 142.9k

External Links for NOVT Stock

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What is the price of NOVT stocks?
As of March 28, 2024, the stock is trading at USD 173.80 with a total of 206,213 shares traded.
Over the past week, the price has changed by -0.33%, over one month by +10.48%, over three months by +1.19% and over the past year by +15.41%.
What is the forecast for NOVT stock price target?
According to ValueRays Forecast Model, NOVT Novanta will be worth about 187.4 in March 2025. The stock is currently trading at 173.80. This means that the stock has a potential upside of +7.83%.
Issuer Forecast Upside
Wallstreet Target Price 178.5 2.70%
Analysts Target Price 165.5 -4.78%
ValueRay Target Price 187.4 7.83%