Novanta Inc
General ticker "NOVT" information:
- Sector: Information Technology
- Industry: Electronic Equipment, Instruments & Components
- Capitalization: $6.0B
Novanta Inc follows the US Stock Market performance with the rate: 54.8%.
Estimated limits based on current volatility of 2.4%: low 151.41$, high 158.71$
Factors to consider:
- China accounted for 11.3% of revenue in the fiscal year ended 2022-12-31
- US accounted for 43.3% of revenue in the fiscal year ended 2022-12-31
- Price in estimated range
- Earnings for 9 months up through Q3 are close to our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [135.70$, 207.22$]
- 2024-12-30 to 2025-12-30 estimated range: [158.69$, 234.67$]
Short-term NOVT quotes
Long-term NOVT plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $706.79MM | $860.90MM | $881.66MM |
| Operating Expenses | $642.74MM | $757.82MM | $771.17MM |
| Operating Income | $64.05MM | $103.08MM | $110.50MM |
| Non-Operating Income | $-7.88MM | $-15.92MM | $-26.75MM |
| Interest Expense | $7.39MM | $15.62MM | $25.82MM |
| R&D Expense | $72.52MM | $85.77MM | $91.68MM |
| Income(Loss) | $56.17MM | $87.16MM | $83.75MM |
| Taxes | $5.84MM | $13.11MM | $10.87MM |
| Profit(Loss) | $50.33MM | $74.05MM | $72.88MM |
| Stockholders Equity | $521.29MM | $577.59MM | $673.46MM |
| Inventory | $125.66MM | $168.00MM | $149.37MM |
| Assets | $1,227.88MM | $1,241.21MM | $1,226.06MM |
| Operating Cash Flow | $94.62MM | $90.78MM | $120.08MM |
| Capital expenditure | $19.98MM | $19.64MM | $19.96MM |
| Investing Cash Flow | $-306.70MM | $-42.54MM | $-19.89MM |
| Financing Cash Flow | $204.75MM | $-60.15MM | $-97.85MM |
| Earnings Per Share* | $1.42 | $2.08 | $2.03 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.