Novanta Inc.
General ticker "NOVT" information:
- Sector: Information Technology
- Industry: Hardware, Equipment & Parts
- Capitalization: $4.6B (TTM average)
Novanta Inc. follows the US Stock Market performance with the rate: 33.2%.
Estimated limits based on current volatility of 1.7%: low 126.09$, high 130.56$
Factors to consider:
- Total employees count: 3000 (+3.4%) as of 2024
- US accounted for 51.3% of revenue in the fiscal year ended 2024-12-31
- Top business risk factors: Economic downturns and volatility, Customer spending and demand, Supply chain disruptions, Cybersecurity threats, Production challenges
- Price in estimated range
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2025-12-31 to 2027-12-31
- 2025-12-31 to 2026-12-31 estimated range: [99.67$, 147.87$]
- 2026-12-31 to 2027-12-31 estimated range: [98.77$, 147.64$]
Financial Metrics affecting the NOVT estimates:
- Negative: with PPE of 36.9 at the end of fiscal year the price was high
- Positive: 7.68 < Operating profit margin, % of 11.90
- Positive: 0.07 < Operating cash flow per share per price, % of 1.45
- Negative: Return on assets ratio (scaled to [-100,100]) of 2.89 <= 6.12
- Negative: Industry operating profit margin (median), % of 1.46 <= 3.02
- Negative: Inventory ratio change, % of 3.34 > 0.80
- Positive: Shareholder equity ratio, % of 72.73 > 64.25
- Negative: Industry operating cash flow per share per price (median), % of 2.53 <= 5.46
Short-term NOVT quotes
Long-term NOVT plot with estimates
Financial data
| YTD | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Operating Revenue | $881.66MM | $949.25MM | $980.60MM |
| Operating Expenses | $771.17MM | $838.66MM | $863.94MM |
| Operating Income | $110.50MM | $110.58MM | $116.66MM |
| Non-Operating Income | $-26.75MM | $-31.52MM | $-47.02MM |
| Interest Expense | $25.82MM | $31.49MM | $21.47MM |
| R&D Expense | $91.68MM | $95.52MM | $95.48MM |
| Income(Loss) | $83.75MM | $79.07MM | $69.64MM |
| Taxes | $10.87MM | $14.98MM | $15.81MM |
| Profit(Loss)* | $72.88MM | $64.09MM | $53.83MM |
| Stockholders Equity | $673.46MM | $745.70MM | $1,314.29MM |
| Inventory | $149.37MM | $144.61MM | $188.28MM |
| Assets | $1,226.06MM | $1,388.51MM | $1,807.11MM |
| Operating Cash Flow | $120.08MM | $158.51MM | $64.06MM |
| Capital expenditure | $19.96MM | $17.16MM | $15.63MM |
| Investing Cash Flow | $-19.89MM | $-208.19MM | $-74.32MM |
| Financing Cash Flow | $-97.85MM | $56.94MM | $276.33MM |
| Earnings Per Share** | $2.03 | $1.78 | $1.47 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.