Novanta Stock Performance
| NOVT Stock | USD 122.96 3.10 2.46% |
Novanta has a performance score of 7 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 1.52, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Novanta will likely underperform. Novanta right now secures a risk of 1.98%. Please verify Novanta semi variance, as well as the relationship between the rate of daily change and relative strength index , to decide if Novanta will be following its current price movements.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Novanta are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively weak basic indicators, Novanta may actually be approaching a critical reversion point that can send shares even higher in August 2025. ...more
Actual Historical Performance (%)
One Day Return (2.46) | Five Day Return (6.02) | Year To Date Return (18.53) | Ten Year Return 754.48 | All Time Return 671.51 |
Last Split Factor 1:3 | Last Split Date 2010-12-29 |
1 | Disposition of 5247 shares by Matthijs Glastra of Novanta at 138.3 subject to Rule 16b-3 | 04/25/2025 |
2 | Novanta First Quarter 2025 Earnings EPS Beats Expectations | 05/07/2025 |
3 | Novanta to Present at Baird 2025 Global Consumer, Technology Services Conference on Wednesday, June 4, 2025 | 05/15/2025 |
4 | NOVT Q1 Earnings Call Resilient Performance Amid Trade Headwinds and Strategic Acquisition | 05/19/2025 |
5 | Insider Trading | 05/23/2025 |
6 | Q1 Earnings Outperformers Novanta And The Rest Of The Electronic Components Stocks | 06/06/2025 |
7 | Novanta to Present at the CJS Securities 25th Annual New Ideas Summer Conference on Thursday, ... | 06/12/2025 |
8 | Are Novanta Inc. Investors Paying Above The Intrinsic Value | 06/16/2025 |
9 | Novantas 3.9 percent CAGR outpaced the companys earnings growth over the same five-year period | 07/01/2025 |
10 | Novanta Inc. Shares Sold by WCM Investment Management LLC | 07/03/2025 |
11 | Disposition of 572 shares by Ladone Mary Kay of Novanta subject to Rule 16b-3 | 07/11/2025 |
12 | Louisiana State Employees Retirement System Grows Stock Position in Novanta Inc. | 07/18/2025 |
| Begin Period Cash Flow | 105.1 M | |
| Total Cashflows From Investing Activities | -208.2 M |
Novanta Relative Risk vs. Return Landscape
If you would invest 11,054 in Novanta on April 21, 2025 and sell it today you would earn a total of 1,242 from holding Novanta or generate 11.24% return on investment over 90 days. Novanta is currently generating 0.1883% in daily expected returns and assumes 1.9777% risk (volatility on return distribution) over the 90 days horizon. In different words, 17% of stocks are less volatile than Novanta, and 97% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Novanta Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Novanta's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Novanta, and traders can use it to determine the average amount a Novanta's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0952
| Best Portfolio | Best Equity | |||
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| Small Returns | NOVT | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.98 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Novanta is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Novanta by adding it to a well-diversified portfolio.
Novanta Fundamentals Growth
Novanta Stock prices reflect investors' perceptions of the future prospects and financial health of Novanta, and Novanta fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Novanta Stock performance.
| Return On Equity | 0.0973 | ||||
| Return On Asset | 0.0575 | ||||
| Profit Margin | 0.07 % | ||||
| Operating Margin | 0.13 % | ||||
| Current Valuation | 4.82 B | ||||
| Shares Outstanding | 35.97 M | ||||
| Price To Earning | 126.20 X | ||||
| Price To Book | 5.83 X | ||||
| Price To Sales | 4.65 X | ||||
| Revenue | 949.25 M | ||||
| Gross Profit | 428.26 M | ||||
| EBITDA | 166.12 M | ||||
| Net Income | 64.09 M | ||||
| Cash And Equivalents | 100.49 M | ||||
| Cash Per Share | 2.82 X | ||||
| Total Debt | 471 M | ||||
| Debt To Equity | 0.87 % | ||||
| Current Ratio | 2.01 X | ||||
| Book Value Per Share | 21.40 X | ||||
| Cash Flow From Operations | 158.51 M | ||||
| Earnings Per Share | 1.95 X | ||||
| Market Capitalization | 4.42 B | ||||
| Total Asset | 1.39 B | ||||
| Retained Earnings | 267.55 M | ||||
| Working Capital | 265.86 M | ||||
| Current Asset | 208.74 M | ||||
| Current Liabilities | 36.6 M | ||||
About Novanta Performance
Assessing Novanta's fundamental ratios provides investors with valuable insights into Novanta's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Novanta is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 100.02 | 136.26 | |
| Return On Tangible Assets | 0.10 | 0.11 | |
| Return On Capital Employed | 0.09 | 0.10 | |
| Return On Assets | 0.05 | 0.05 | |
| Return On Equity | 0.09 | 0.09 |
Things to note about Novanta performance evaluation
Checking the ongoing alerts about Novanta for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Novanta help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Novanta is unlikely to experience financial distress in the next 2 years | |
| Novanta has a strong financial position based on the latest SEC filings | |
| Over 99.0% of the company shares are owned by institutional investors | |
| Latest headline from thelincolnianonline.com: Louisiana State Employees Retirement System Grows Stock Position in Novanta Inc. |
- Analyzing Novanta's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Novanta's stock is overvalued or undervalued compared to its peers.
- Examining Novanta's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Novanta's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Novanta's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Novanta's stock. These opinions can provide insight into Novanta's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Novanta Stock Analysis
When running Novanta's price analysis, check to measure Novanta's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Novanta is operating at the current time. Most of Novanta's value examination focuses on studying past and present price action to predict the probability of Novanta's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novanta's price. Additionally, you may evaluate how the addition of Novanta to your portfolios can decrease your overall portfolio volatility.