Novanta Inc.

NMS: NOVTU
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📈 ZcoreAI Score

Our AI model analyzes Novanta Inc.'s price action across multiple timeframes using regression channels and statistical scoring.

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About Novanta Inc.

Technology Scientific & Technical Instruments
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. The company operates Automation Enabling Technologies and Medical Solutions segments. The Precision Medicine and Manufacturing segment designs, manufactures, and markets laser beam steering and scanning solutions, laser sources, robotic and precision motion, robotic end-of-arm tooling, and 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; imaging, identification and RFID solutions; advanced motion control solutions; and light engines, and integrated operating room technologies. 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 based in Bedford, Massachusetts.

📊 Fundamental Analysis

Novanta Inc. demonstrates a profit margin of 5.5%, which is below the sector average, suggesting competitive pressure.

The company recently reported 8.5% revenue growth, which is modest compared to its industry peers.

Return on Equity (ROE) is 5.2%, which suggests room for improvement in capital utilization.

At a current price of $56.16, NOVTU currently sits at the 51st percentile of its 52-week range (Range: $47.57 - $64.51).

🏥 Financial Health

🔴 Profit Margin Weak
Debt/Equity Excellent
🔴 Revenue Growth Weak
🔴 Return on Equity Weak
🔴 Beta (Risk) High Volatility

Key Financials

Market Cap
$--
Trailing P/E
--
Forward P/E
--
Beta (5Y)
1.65
52W High
$64.51
52W Low
$47.57
Avg Volume
64K
Day High
Day Low
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