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Novanta Inc

NOVT

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155.440USD

-3.750-2.36%

Close 05/13, 16:00（ET）Quotes delayed by 15 min

5.67BMarket Cap

110.83P/E TTM

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Novanta Inc

155.440

-3.750-2.36%

Overview Financials Discussions Analysis Company

TradingKey Stock Score

Overall Financial Health

Valuation Dimensions

Earnings Forecast

Price Momentum

Institutional Confidence

Risk Assessment

Peer Comparison

Overview

Financials

Discussions

Analysis

Company

TradingKey Stock Score

Overall Financial Health

Valuation Dimensions

Earnings Forecast

Price Momentum

Institutional Confidence

Risk Assessment

Peer Comparison

TradingKey Stock Score of Novanta Inc

Currency: USD Updated: 2026-05-12

Key Insights

Novanta Inc's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 12 out of 58 in the Electronic Equipment & Parts industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Strong Buy, with the highest price target at 157.50.In the medium term, the stock price is expected to remain stable.The company has been performing strongly in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.

Novanta Inc's Score

Industry at a Glance

Industry Ranking

12 / 58

Overall Ranking

95 / 4490

Industry

Electronic Equipment & Parts

Support & Resistance

Relevant data have not been disclosed by the company yet.

Score Analysis

Current score

Previous score

Media Coverage

Last 24 hours

Coverage Level

Very Low

Very High

Neutral

Novanta Inc Highlights

StrengthsRisks

Novanta Inc. is a supplier of core technology solutions, which offer medical and advanced industrial original equipment manufacturers. Its segment includes Automation Enabling Technologies and Medical Solutions. The Automation Enabling Technologies 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 to customers worldwide. The Medical Solutions segment designs, manufactures and markets a range of medical grade technologies, including medical insufflators and endoscopic pumps and related disposables, laser beam delivery solutions, video processing and streaming and capture, machine vision technologies, radio frequency identification (RFID) technologies, thermal chart recorders, and others.

Undervalued

The company’s latest PB is 4.32, at a low 3-year percentile range.

Institutional Buying

The latest institutional holdings are 46.22M shares, increasing 13.75% quarter-over-quarter.

Held by Frank Sands

Star Investor Frank Sands holds 4.04K shares of this stock.

Analyst Rating

Based on 3 analysts

Strong Buy

Current Rating

157.500

Target Price

+13.87%

Upside Space

Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

Financial Health

Currency: USD Updated: 2026-05-12

The current financial score of Novanta Inc is 7.54, ranking 24 out of 58 in the Electronic Equipment & Parts industry. Its financial status is robust, and its operating efficiency is average.

Score

Industry at a Glance

Previous score

7.54

Change



Financials

9.22

Key Metrics

Cash and cash equivalents

Total assets

Total liabilities

Free cash flow

Relevant data have not been disclosed by the company yet.



Quality of Earnings

6.61

Key Metrics

Total revenue

Operating profit

Total assets

SG&A

Relevant data have not been disclosed by the company yet.



Operational Efficiency

6.83

Key Metrics

Cash flow from operating activities

Income after tax

Relevant data have not been disclosed by the company yet.



Growth Potential

7.83

Key Metrics

Cash flow from operating activities

Total revenue

Relevant data have not been disclosed by the company yet.



Shareholder Returns

7.20

Key Metrics

Free cash flow

Relevant data have not been disclosed by the company yet.

Novanta Inc's Company Valuation

Currency: USD Updated: 2026-05-12

The current valuation score of Novanta Inc is 4.65, ranking 56 out of 58 in the Electronic Equipment & Parts industry. Its current P/E ratio is 113.51, which is 0.00% below the recent high of 113.51 and 53.92% above the recent low of 52.30.

Score

Industry at a Glance

Previous score

4.65

Change

Valuation Dimensions

P/E

P/B

P/S

P/CF

Industry Ranking 12/58

Relevant data have not been disclosed by the company yet.

Earnings Forecast

Currency: USD Updated: 2026-05-12

The current earnings forecast score of Novanta Inc is 9.33, ranking 1 out of 58 in the Electronic Equipment & Parts industry. The average price target is 158.50, with a high of 170.00 and a low of 138.00.

Score

Industry at a Glance

Previous score

8.50

Change

0.83

Support & Resistance

Relevant data have not been disclosed by the company yet.

Analyst Rating

Based on 3 analysts

Strong Buy

Current Rating

157.500

Target Price

+12.52%

Upside Space

Strong Buy

Buy

Hold

Sell

Strong Sell

Peer Comparison

Total

Median

Average

Company name

Ratings

Analysts

Novanta Inc

NOVT

Hesai Group

HSAI

Coherent Corp

COHR

TE Connectivity PLC

TEL

Celestica Inc

CLS

Amphenol Corp

APH

...

Financial Forecasting

EPS

Revenue

Net Profit

EBIT

Relevant data have not been disclosed by the company yet.

Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

Price Momentum

Currency: USD Updated: 2026-05-12

The current price momentum score of Novanta Inc is 9.46, ranking 12 out of 58 in the Electronic Equipment & Parts industry. Currently, the stock price is trading between the resistance level at 174.64 and the support level at 132.11, making it suitable for range-bound swing trading.

Score

Industry at a Glance

Previous score

9.26

Change

0.2

Support & Resistance

Relevant data have not been disclosed by the company yet.

Indicators



The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.

This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.

Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.

Indicators

Sell(2)

Neutral(1)

Buy(3)

Indicators

Value

Direction

MACD(12,26,9)

5.331

Buy

RSI(14)

69.913

Neutral

STOCH(KDJ)(9,3,3)

81.278

Overbought

ATR(14)

7.973

High Vlolatility

CCI(14)

199.256

Buy

Williams %R

22.444

Buy

TRIX(12,20)

0.537

Sell

StochRSI(14)

69.442

Sell

Moving Average

Sell(0)

Neutral(0)

Buy(6)

Indicators

Value

Direction

MA5

145.840

Buy

MA10

138.387

Buy

MA20

134.313

Buy

MA50

126.768

Buy

MA100

130.028

Buy

MA200

121.941

Buy

Institutional Confidence

Currency: USD Updated: 2026-05-12

The current institutional shareholding score of Novanta Inc is 10.00, ranking 1 out of 58 in the Electronic Equipment & Parts industry. The latest institutional shareholding proportion is 129.80%, representing a quarter-over-quarter increase of 22.19%. The largest institutional shareholder is Wasatch Global Investors, holding a total of 996.64K shares, representing 2.80% of shares outstanding, with 1.17% increase in holdings.

Score

Industry at a Glance

Previous score

10.00

Change

Institutional Shareholding

Relevant data have not been disclosed by the company yet.

Shareholder Activity

Name

Shares Held

Chg %

BlackRock Institutional Trust Company, N.A.

3.98M

+0.31%

Allspring Global Investments, LLC

1.40M

+75.94%

Conestoga Capital Advisors, LLC

1.46M

+3.37%

State Street Investment Management (US)

1.32M

+1.04%

Wasatch Global Investors Inc

Star Investors

644.78K

-22.48%

Baron Capital Management, Inc.

Star Investors

936.96K

+49.41%

Geneva Capital Management LLC

903.09K

-7.76%

Congress Asset Management Company, LLP

611.98K

+3.61%

Risk Assessment

Currency: USD Updated: 2026-05-12

The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Electronic Equipment & Parts domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Novanta Inc is 5.25, ranking 25 out of 58 in the Electronic Equipment & Parts industry. The company's beta value is 1.63. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. Novanta Inc’s latest ESG disclosure leads the Electronic Equipment & Parts industry, indicating outstanding, compliant performance across environmental management, social responsibility, and governance, which may help mitigate overall risk.