Novanta Inc NOVT
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
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Novanta Inc. Announces Schedule of Second Quarter 2026 Earnings Release and Conference Call
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Novanta to Present at the CJS Securities 26th Annual New Ideas Summer Conference on Thursday, July 9, 2026
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Novanta Inc. Announces $300 Million Private Placement
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Novanta Inc. Announces Acquisition of Riverpoint Medical
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Novanta to Present at Jefferies Global Healthcare Conference on Thursday, June 4, 2026
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Novanta to Present at Baird 2026 Global Consumer, Technology & Services Conference on Wednesday, June 3, 2026
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Novanta Announces Financial Results for the First Quarter 2026
Trading Information
- Previous Close Price
- $146.62
- Day Range
- $142.61–150.29
- 52-Week Range
- $98.27–171.85
- Bid/Ask
- $138.00 / $234.35
- Shares Outstanding
- 35.61M
- Market Cap
- $5.23B
- Volume/Avg
- 324,552 / 520,788
Key Statistics
- Price/Earnings (Normalized)
- 43.81
- Price/Sales
- 5.54
- Dividend Yield (Trailing)
- 0.00%
- Dividend Yield (Forward)
- 0.00%
- Total Yield
- —
Company Profile
Novanta Inc supplies core technology solutions to medical, life science, and advanced industrial OEMs, leveraging proprietary expertise in precision medicine, precision manufacturing, robotics and automation, and advanced surgery. It has two segments: Automation Enabling Technologies and Medical Solutions. Automation Enabling Technologies, which generates the majority of revenue, provides laser beam steering and scanning solutions, laser sources, and robotic and precision motion technologies. The Medical Solutions segment provides medical-grade technologies, including medical insufflators, endoscopic pumps, and integrated operating room technologies. The company operates in the United States, Germany, and other markets, with revenue generated from the United States.
- Sector
- Technology
- Industry
- Scientific & Technical Instruments
- Stock Style Box
- Small Growth
- Total Number of Employees
- 3,000
- Website
- https://www.novanta.com
Valuation
|
Metric
|
NOVT
|
|---|---|
Price/Earnings (Normalized) | 43.81 |
Price/Book Value | 3.99 |
Price/Sales | 5.54 |
Price/Cash Flow | 37.99 |
Price/Earnings
NOVT
Financial Strength
|
Metric
|
NOVT
|
|---|---|
Quick Ratio | 2.59 |
Current Ratio | 3.56 |
Interest Coverage | 4.94 |
Quick Ratio
NOVT
Profitability
|
Metric
|
NOVT
|
|---|---|
Return on Assets (Normalized) | 6.24% |
Return on Equity (Normalized) | 10.01% |
Return on Invested Capital (Normalized) | 8.06% |
Return on Assets
NOVT
Scientific & Technical Instruments Industry Comparables
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United States