NOVT
TechnologyNovanta Inc.
$111.52
+$0.38 (+0.34%)
Jan 5, 2026
Price History (1Y)
Analysis
Novanta Inc. is a technology company within the scientific and technical instruments industry, with a significant scale of operations. The company has a market capitalization of $4.01 billion, indicating its substantial size in the industry. Additionally, Novanta employs 3000 individuals, underscoring its considerable workforce. From a financial perspective, Novanta demonstrates mixed profitability metrics. The company's gross margin is at 45.1%, while its operating and profit margins stand at 11.5% and 5.5%, respectively. Returns on equity (ROE) and assets (ROA) are reported at 6.8% and 5.2%. However, the debt-to-equity ratio of 63.04 may raise concerns regarding Novanta's capital structure, as it indicates a substantial reliance on debt financing. Conversely, its cash position is $89.22 million. In terms of valuation context, Novanta's price-to-earnings (P/E) and forward P/E ratios are 76.38 and 30.53, respectively. The company's revenue growth over the past year has been relatively modest at 1.4%, while earnings have contracted by 44.1%. Dividend information is not provided in the available facts.
This analysis is AI-generated for informational purposes only and should not be considered financial advice. Data may be delayed or inaccurate. Always do your own research and consult a qualified financial advisor before making investment decisions.
About Novanta Inc.
Novanta Inc., together with its subsidiaries, provides precision medicine, precision manufacturing, medical solutions, robotics and automation solutions, and advanced surgery solutions in the United States and internationally. It operates in two segments, Automation Enabling Technologies and Medical Solutions. The Precision Medicine and Manufacturing segment designs, manufactures, and markets laser beam delivery components, laser beam delivery solutions, CO2 lasers, solid state lasers, ultrafast lasers, optical and inductive encoders, precision motors, integrated stepper motors, servo drives, motion control solutions, intelligent robotic end-of-arm technology solutions, and air bearing spindles. This segment serves advanced industrial processes, advanced industrial and medical robotics, other medical and life science automation applications, and medical laser procedures, such as ophthalmology applications. The Medical Solutions segment provides a range of medical grade technologies, including medical insufflators, pumps, and related disposables; laser beam delivery solutions; video processing, streaming, and capture; machine vision technologies; radio frequency identification (RFID) technologies; barcode identification technologies; thermal chart recorders; light and color measurement technologies; touch panel displays; and advanced motion control solutions. The company sells its products through its direct sales force and distributors under the Cambridge Technology, Synrad, Laser Quantum, ARGES, WOM, NDS, Med X Change, Reach Technology, JADAK, ThingMagic, Photo Research, General Scanning, ATI Industrial Automation, Celera Motion, IMS, MicroE, Applimotion, Zettlex, Ingenia, and Westwind brands. The company was formerly known as GSI Group, Inc. and changed its name to Novanta Inc. in May 2016. Novanta Inc. was incorporated in 1968 and is headquartered in Bedford, Massachusetts.
Visit website →Key Statistics
- Market Cap
- $4.01B
- P/E Ratio
- 76.38
- 52-Week High
- $154.16
- 52-Week Low
- $98.27
- Avg Volume
- 618.20K
- Beta
- 1.60
Company Info
- Industry
- Scientific & Technical Instruments
- Exchange
- NMS
- Country
- United States
- Employees
- 3,000