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
Trading Information
- Previous Close Price
- $143.58
- Day Range
- $146.51–151.73
- 52-Week Range
- $98.27–176.38
- Bid/Ask
- $146.72 / $170.00
- Shares Outstanding
- 37.82M
- Market Cap
- $5.65B
- Volume/Avg
- 367,604 / 415,006
Key Statistics
- Price/Earnings (Normalized)
- 41.28
- Price/Sales
- 5.45
- Dividend Yield (Trailing)
- 0.00%
- Dividend Yield (Forward)
- 0.00%
- Dividend Payment Schedule
- —
- 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) | 41.28 |
Price/Book Value | 3.35 |
Price/Sales | 5.45 |
Price/Cash Flow | 35.84 |
Price/Earnings
NOVT
Financial Strength
|
Metric
|
NOVT
|
|---|---|
Quick Ratio | 3.70 |
Current Ratio | 4.57 |
Interest Coverage | 7.15 |
Quick Ratio
NOVT
Profitability
|
Metric
|
NOVT
|
|---|---|
Return on Assets (Normalized) | 6.27% |
Return on Equity (Normalized) | 9.40% |
Return on Invested Capital (Normalized) | 7.74% |
Return on Assets
NOVT
Scientific & Technical Instruments Industry Comparables
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Keyence Corp
KYCCF
| — | LOCK|R?F | $125B | |||
| Keysight Technologies Inc
KEYS
| LOCK|<@#zXk | LOCK|Kj | $64B | |||
| Coherent Corp
COHR
| — | LOCK|XpS@Y | $63B | |||
| Garmin Ltd
GRMN
| LOCK|^y?$DYH | LOCK|!@dJ | $54B | |||
| Teledyne Technologies Inc
TDY
| — | LOCK|RdH^ | $28B | |||
| Hexagon AB ADR
HXGBY
| — | LOCK|?&h | $27B | |||
| Hexagon AB Class B
HXGBF
| — | LOCK|W@ | $27B | |||
| Sensata Technologies Holding PLC
ST
| LOCK|JRRPX% | LOCK|@? | $6B | |||
| Vontier Corp Ordinary Shares
VNT
| LOCK|p@@bLK | LOCK|LbG@ | $4B | |||
| Badger Meter Inc
BMI
| LOCK|#L@nFv | LOCK|NbYz | $4B |
United States