Novanta Stock Performance
| NOVT Stock | USD 138.99 0.11 0.08% |
On a scale of 0 to 100, Novanta holds a performance score of 4. The company secures a Beta (Market Risk) of 2.35, 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. Please check Novanta's semi variance, as well as the relationship between the rate of daily change and relative strength index , to make a quick decision on whether Novanta's current price movements will revert.
Risk-Adjusted Performance
Soft
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Novanta are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain basic indicators, Novanta unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 0.0792 | Five Day Return 0.49 | Year To Date Return 25.06 | Ten Year Return 1 K | All Time Return 772.09 |
Last Split Factor 1:3 | Last Split Date 2010-12-29 |
1 | Novanta Surpasses Q3 Earnings and Revenue Estimates | 11/03/2025 |
2 | Novanta Stock Price Down 6.1 percent Should You Sell | 11/14/2025 |
3 | Q3 Earnings Roundup nLIGHT And The Rest Of The Electronic Components Segment | 12/04/2025 |
4 | Disposition of 747 shares by Secor Thomas N of Novanta at 120.16 subject to Rule 16b-3 | 12/22/2025 |
5 | 1 Volatile Stock to Keep an Eye On and 2 Facing Headwinds - The Globe and Mail | 12/29/2025 |
6 | Disposition of 1325 shares by Carpenter Lonny J. of Novanta subject to Rule 16b-3 | 01/02/2026 |
7 | Electronic Components Stocks Q3 Highlights Bel Fuse | 01/07/2026 |
8 | Disposition of 6177 shares by Matthijs Glastra of Novanta at 130.0 subject to Rule 16b-3 | 01/09/2026 |
9 | Novanta CEO Sells 42,035.22 in Stock - MarketBeat | 01/12/2026 |
10 | Acquisition by Alexander Manganiello of 10513 shares of Novanta subject to Rule 16b-3 | 01/15/2026 |
11 | Disposition of 7500 shares by Matthijs Glastra of Novanta at 140.0 subject to Rule 16b-3 | 01/21/2026 |
12 | Y Intercept Hong Kong Ltd Buys 13,925 Shares of Novanta Inc. NOVT | 01/27/2026 |
| 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 12,701 in Novanta on October 31, 2025 and sell it today you would earn a total of 1,198 from holding Novanta or generate 9.43% return on investment over 90 days. Novanta is currently generating 0.2235% in daily expected returns and assumes 3.8334% risk (volatility on return distribution) over the 90 days horizon. In different words, 34% of stocks are less volatile than Novanta, and 96% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Novanta Target Price Odds to finish over Current Price
The tendency of Novanta Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 138.99 | 90 days | 138.99 | nearly 4.56 |
Based on a normal probability distribution, the odds of Novanta to move above the current price in 90 days from now is nearly 4.56 (This Novanta probability density function shows the probability of Novanta Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.35 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Novanta will likely underperform. Additionally Novanta has an alpha of 0.1513, implying that it can generate a 0.15 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Novanta Price Density |
| Price |
Predictive Modules for Novanta
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Novanta. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Novanta's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Novanta Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Novanta is not an exception. The market had few large corrections towards the Novanta's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Novanta, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Novanta within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.15 | |
β | Beta against Dow Jones | 2.35 | |
σ | Overall volatility | 10.92 | |
Ir | Information ratio | 0.06 |
Novanta Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Novanta for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Novanta can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Novanta had very high historical volatility over the last 90 days | |
| 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: Y Intercept Hong Kong Ltd Buys 13,925 Shares of Novanta Inc. NOVT |
Novanta Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Novanta Stock often depends not only on the future outlook of the current and potential Novanta's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Novanta's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 36.1 M | |
| Cash And Short Term Investments | 114 M |
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 | 0.0684 | ||||
| Return On Asset | 0.0518 | ||||
| Profit Margin | 0.06 % | ||||
| Operating Margin | 0.12 % | ||||
| Current Valuation | 5.34 B | ||||
| Shares Outstanding | 35.78 M | ||||
| Price To Earning | 126.20 X | ||||
| Price To Book | 6.14 X | ||||
| Price To Sales | 5.20 X | ||||
| Revenue | 949.25 M | ||||
| Gross Profit | 433.02 M | ||||
| EBITDA | 179.86 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 | 22.36 X | ||||
| Cash Flow From Operations | 158.51 M | ||||
| Earnings Per Share | 1.46 X | ||||
| Market Capitalization | 5 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 | 115.02 | 136.26 | |
| Return On Tangible Assets | 0.09 | 0.10 | |
| Return On Capital Employed | 0.08 | 0.09 | |
| Return On Assets | 0.04 | 0.04 | |
| Return On Equity | 0.08 | 0.08 |
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 had very high historical volatility over the last 90 days | |
| 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: Y Intercept Hong Kong Ltd Buys 13,925 Shares of Novanta Inc. NOVT |
- 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.