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
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
Wall Street Journal • Benzinga • Yahoo Finance
Tweets
X (Twitter) • Stocktwits
Fund Manager Positions
Dataroma • Stockcircle
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%.
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% |