Novanta Inc
General ticker "NOVT" information:
- Sector: Information Technology
- Industry: Electronic Equipment, Instruments & Components
- Capitalization: $5.9B (TTM average)
Novanta Inc follows the US Stock Market performance with the rate: 33.4%.
Estimated limits based on current volatility of 5.6%: low 101.98$, high 114.02$
Factors to consider:
- US accounted for 51.3% of revenue in the fiscal year ended 2024-12-31
- Current price 18.9% below estimated low
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [138.63$, 200.62$]
- 2025-12-31 to 2026-12-31 estimated range: [119.96$, 178.28$]
Financial Metrics affecting the NOVT estimates:
- Positive: Non-GAAP EPS, $ of 3.08 > 2.18
- Positive: 8.42 < Operating profit margin, % of 11.65
- Positive: 2.69 < Return on assets ratio (scaled to [-100,100]) of 4.41
- Positive: 2.91 < Industry operating cash flow per share per price (median), % of 3.86
- Negative: Interest expense per share, $ of 0.88 > 0.67
- Positive: 1.81 < Operating cash flow per share per price, % of 2.70
Short-term NOVT quotes
Long-term NOVT plot with estimates
Financial data
YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
---|---|---|---|
Operating Revenue | $860.90MM | $881.66MM | $949.25MM |
Operating Expenses | $757.82MM | $771.17MM | $838.66MM |
Operating Income | $103.08MM | $110.50MM | $110.58MM |
Non-Operating Income | $-15.92MM | $-26.75MM | $-31.52MM |
Interest Expense | $15.62MM | $25.82MM | $31.49MM |
R&D Expense | $85.77MM | $91.68MM | $95.52MM |
Income(Loss) | $87.16MM | $83.75MM | $79.07MM |
Taxes | $13.11MM | $10.87MM | $14.98MM |
Profit(Loss)* | $74.05MM | $72.88MM | $64.09MM |
Stockholders Equity | $577.59MM | $673.46MM | $745.70MM |
Inventory | $168.00MM | $149.37MM | $144.61MM |
Assets | $1,241.21MM | $1,226.06MM | $1,388.51MM |
Operating Cash Flow | $90.78MM | $120.08MM | $158.51MM |
Capital expenditure | $19.64MM | $19.96MM | $17.16MM |
Investing Cash Flow | $-42.54MM | $-19.89MM | $-208.19MM |
Financing Cash Flow | $-60.15MM | $-97.85MM | $56.94MM |
Earnings Per Share** | $2.08 | $2.03 | $1.78 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.