A share price of Novanta Inc [NOVT] is currently trading at $128.7, up 3.56%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The NOVT shares have gain 8.16% over the last week, with a monthly amount glided 11.47%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Novanta Inc [NASDAQ: NOVT] stock has seen the most recent analyst activity on May 11, 2022, when William Blair upgraded its rating to an Outperform. Previously, Berenberg started tracking the stock with Buy rating on November 13, 2020, and set its price target to $109. On April 02, 2020, downgrade downgraded it’s rating to Mkt Perform. William Blair started tracking the stock assigning an Outperform rating. Robert W. Baird initiated its recommendation with an Outperform and recommended $54 as its price target on December 08, 2017.
Novanta Inc experienced fluctuations in its stock price throughout the past year between $98.27 and $154.16. Currently, Wall Street analysts expect the stock to reach $160 within the next 12 months. Novanta Inc [NASDAQ: NOVT] shares were valued at $128.7 at the most recent close of the market. An investor can expect a potential return of 24.32% based on the average NOVT price forecast.
Analyzing the NOVT fundamentals
Trailing Twelve Months sales for Novanta Inc [NASDAQ:NOVT] were 960.31M which represents 1.40% growth. Gross Profit Margin for this corporation currently stands at 0.45% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.07 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.63.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 123.86 points at the first support level, and at 119.03 for the second support level. However, for the 1st resistance point, the stock is sitting at 131.88, and for the 2nd resistance point, it is at 135.07.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Novanta Inc [NASDAQ:NOVT] is 2.51. In addition, the Quick Ratio stands at 1.54 and the Cash Ratio stands at 0.48. Considering the valuation of this stock, the price to sales ratio is 4.79, the price to book ratio is 5.76 and price to earnings (TTM) ratio is 87.99.
Transactions by insiders
Recent insider trading involved Matthijs Glastra, Officer, that happened on Jan 08 ’26 when 323.0 shares were purchased. Director, Secor Thomas N completed a deal on Dec 22 ’25 to sell 747.0 shares. Meanwhile, Director Secor Thomas N bought 747.0 shares on Dec 22 ’25.
