Thomas Secor - Novanta Independent Director

1GSN Stock  EUR 159.00  6.00  3.64%   

Director

Mr. Thomas N. Secor serves as Independent Director of the company. Mr. Secor was Managing Director of Morningside Heights Capital, an investment firm, since March 2012. From April 2007 until March 2012, Mr. Secor was employed by Goldman Sachs Co, where he worked with Liberty Harbor, an absolutereturn investment fund. While at Liberty Harbor, Mr. Secor focused on the funds fundamental investment strategies, including debt and equity transactions. From 2005 until March 2007, Mr. Secor was a Director and member of the legal group at Amaranth Advisors, an investment advisor. From 1998 until 2005, Mr. Secor was an attorney with Cleary, Gottlieb, Steen Hamilton where he specialized in corporate and securities law. Mr. Secor received his B.A., cum laude, from Pomona College and his J.D., cum laude, from the University of Chicago Law School. Mr. Secor brings to the Companys Board of Directors more than 15 years of experience in strategic transactions, corporate finance and profit management across a wide range of industries, as well as extensive corporate governance experience. since 2012.
Age 48
Tenure 12 years
Phone781 266 5700
Webhttps://www.novanta.com
Secor received his B.A. cum laude, from Pomona College and his J.D. cum laude, from the University of Chicago Law School.

Thomas Secor Latest Insider Activity

Tracking and analyzing the buying and selling activities of Thomas Secor against Novanta stock is an integral part of due diligence when investing in Novanta. Thomas Secor insider activity provides valuable insight into whether Novanta is net buyers or sellers over its current business cycle. Note, Novanta insiders must abide by specific rules, including filing SEC forms every time they buy or sell Novanta'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Novanta Management Efficiency

The company has return on total asset (ROA) of 0.0534 % which means that it generated a profit of $0.0534 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1392 %, meaning that it generated $0.1392 on every $100 dollars invested by stockholders. Novanta's management efficiency ratios could be used to measure how well Novanta manages its routine affairs as well as how well it operates its assets and liabilities.
Novanta has accumulated 429.36 M in total debt with debt to equity ratio (D/E) of 0.53, which is about average as compared to similar companies. Novanta has a current ratio of 2.61, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Novanta until it has trouble settling it off, either with new capital or with free cash flow. So, Novanta's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Novanta sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Novanta to invest in growth at high rates of return. When we think about Novanta's use of debt, we should always consider it together with cash and equity.
Novanta Inc., together with its subsidiaries, designs, manufactures, markets, and sells photonics, vision, and precision motion components and sub-systems to original equipment manufacturers in the medical and industrial markets worldwide. Novanta Inc. was founded in 1968 and is headquartered in Bedford, Massachusetts. NOVANTA INC operates under Scientific Technical Instruments classification in Germany and is traded on Frankfurt Stock Exchange. It employs 2200 people. Novanta (1GSN) is traded on Frankfurt Exchange in Germany and employs 2,700 people.

Management Performance

Novanta Leadership Team

Elected by the shareholders, the Novanta's board of directors comprises two types of representatives: Novanta inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Novanta. The board's role is to monitor Novanta's management team and ensure that shareholders' interests are well served. Novanta's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Novanta's outside directors are responsible for providing unbiased perspectives on the board's policies.
Stephen Bershad, Independent Chairman of the Board
Ray Nash, Corp Leader
Michele Welsh, Gen Sec
Sarah Betadam, Chief Officer
Deborah Eldracher, Independent Director
Heinrich Dreyer, Group Vision
Ira Lamel, Independent Director
Lonny Carpenter, Independent Director
Brian King, Independent Director
Peter Chang, Co Officer
Brian Young, Chief Human Resource Officer
Charlie Webster, Ex Chain
Thomas Secor, Independent Director
Deborah DiSanzo, Independent Director
Matthijs Glastra, Chief Executive Officer, Director
Chuck Ravetto, Group Group
Robert Buckley, Chief Financial Officer

Novanta Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Novanta a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Additional Information and Resources on Investing in Novanta Stock

When determining whether Novanta is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Novanta Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Novanta Stock. Highlighted below are key reports to facilitate an investment decision about Novanta Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Novanta. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Novanta Stock please use our How to Invest in Novanta guide.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Please note, there is a significant difference between Novanta's value and its price as these two are different measures arrived at by different means. Investors typically determine if Novanta is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Novanta's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.