At the time of writing, Novanta Inc [NOVT] stock is trading at $128.96, down -1.51%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The NOVT shares have gain 15.64% over the last week, with a monthly amount glided 7.49%, 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.
For the past year, the stock price of Novanta Inc fluctuated 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 $128.96 at the most recent close of the market. An investor can expect a potential return of 24.07% based on the average NOVT price forecast.
Analyzing the NOVT fundamentals
According to Novanta Inc [NASDAQ:NOVT], the company’s sales were 960.31M for trailing twelve months, which represents an 1.40% jump. 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.
Ratios To Look Out For
It is important to note that Novanta Inc [NASDAQ:NOVT] has a current ratio of 2.51. As well, the Quick Ratio is 1.54, while the Cash Ratio is 0.48. Considering the valuation of this stock, the price to sales ratio is 4.80, the price to book ratio is 5.77 and price to earnings (TTM) ratio is 88.17.
Transactions by insiders
Recent insider trading involved Glastra Matthijs, Chief Executive Officer, that happened on Jan 08 ’26 when 323.0 shares were sold. Officer, Matthijs Glastra completed a deal on Jan 09 ’26 to buy 6177.0 shares. Meanwhile, Officer Matthijs Glastra bought 323.0 shares on Jan 08 ’26.
