Novanta Inc. (NOVT)Technology | Scientific & Technical Instruments | Bedford, United States | NasdaqGS
145.55 USD
+0.52
(0.359%)
⇧
(Oct. 13, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 5:46 a.m. EDT
Novanta presents a compelling dichotomy: a fundamentally superior business currently trading at a discount due to recent price weakness, yet facing skepticism from short-term statistical models. The company has demonstrated robust execution with double-digit growth and margin expansion, supported by a fortress balance sheet and minimal debt. However, the stock is currently grappling with a multi-month downtrend, evidenced by the recent drop from year-highs and a negative 41% return last year, which has triggered a cautious reaction in the statistical forecasting models. Despite this, the long-term outlook remains bright given the secular tailwinds in its sector and the company's ability to generate free cash flow. The disconnect between the strong operational reality and the depressed price creates an attractive entry point for patient investors, though the immediate path may remain choppy as the market digests the recent performance. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.063929 |
| AutoETS | 0.103579 |
| MSTL | 0.106939 |
| AutoARIMA | 0.114087 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 45% |
| H-stat | 0.71 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.201 |
| Excess Kurtosis | -0.22 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Debt to Equity Ratio | 17.668 |
| Revenue per Share | 26.447 |
| Market Cap | 5,504,376,320 |
| Trailing P/E | 92.12 |
| Forward P/E | 33.33 |
| Beta | 1.73 |
| Profit Margins | 6.00% |
| Website | https://www.novanta.com |
As of Oct. 10, 2026, 5:46 a.m. EDT: Speculators are positioning aggressively for volatility and upside potential. Call volume spikes significantly at deep out-of-the-money strikes ($230, $250) for the November expiration, suggesting bets on a sharp rally. Conversely, put writers are accumulating heavy out-of-the-money protection ($95, $105), creating a 'strangle' style setup where sellers profit from a range-bound move but buyers are prepared for a breakout. Implied volatility remains relatively low (around 55-60%), indicating the market is underpricing the risk of a significant move despite the aggressive positioning.
| Attribute | Value |
|---|---|
| 52 Week Change | 0.37209082 |
| Address1 | 125 Middlesex Turnpike |
| All Time High | 187.61 |
| All Time Low | 1.29 |
| Ask | 183.41 |
| Ask Size | 2 |
| Audit Risk | 1 |
| Average Analyst Rating | 1.3 - Strong Buy |
| Average Daily Volume10 Day | 450,990 |
| Average Daily Volume3 Month | 399,260 |
| Average Volume | 399,260 |
| Average Volume10Days | 450,990 |
| Beta | 1.725 |
| Bid | 105.37 |
| Bid Size | 2 |
| Board Risk | 4 |
| Book Value | 42.745 |
| City | Bedford |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 4 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 145.55 |
| Current Ratio | 4.569 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 148.6 |
| Day Low | 141.48 |
| Debt To Equity | 17.668 |
| Display Name | Novanta |
| Dividend Yield | 0.0 |
| Earnings Call Timestamp End | 1,794,315,600 |
| Earnings Call Timestamp Start | 1,794,315,600 |
| Earnings Growth | 1.5 |
| Earnings Quarterly Growth | 1.789 |
| Earnings Timestamp | 1,794,254,400 |
| Earnings Timestamp End | 1,794,254,400 |
| Earnings Timestamp Start | 1,794,254,400 |
| Ebitda | 180,952,000 |
| Ebitda Margins | 0.17573 |
| Enterprise To Ebitda | 28.026 |
| Enterprise To Revenue | 4.925 |
| Enterprise Value | 5,071,323,648 |
| Eps Current Year | 3.69333 |
| Eps Forward | 4.36667 |
| Eps Trailing Twelve Months | 1.58 |
| Esg Populated | 0 |
| Exchange | NMS |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 147.632 |
| Fifty Day Average Change | -2.0820007 |
| Fifty Day Average Change Percent | -0.014102638 |
| Fifty Two Week Change Percent | 37.209084 |
| Fifty Two Week High | 176.38 |
| Fifty Two Week High Change | -30.830002 |
| Fifty Two Week High Change Percent | -0.17479306 |
| Fifty Two Week Low | 98.27 |
| Fifty Two Week Low Change | 47.280006 |
| Fifty Two Week Low Change Percent | 0.4811235 |
| Fifty Two Week Range | 98.27 - 176.38 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 922,285,800,000 |
| Float Shares | 37,537,540 |
| Forward Eps | 4.36667 |
| Forward P E | 33.332035 |
| Free Cashflow | 118,383,248 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 3,000 |
| Fullday Change | 0.5200043 |
| Fullday Change Percent | 0.35854945 |
| Fullday Price | 145.55 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,790,812,800 |
| Gross Margins | 0.44544998 |
| Gross Profits | 458,676,992 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.0070700003 |
| Held Percent Institutions | 1.24268 |
| Implied Shares Outstanding | 37,817,770 |
| Industry | Scientific & Technical Instruments |
| Industry Disp | Scientific & Technical Instruments |
| Industry Key | scientific-technical-instruments |
| Ir Website | http://www.gsig.com/investors/ |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,293,580,800 |
| Last Split Factor | 1:3 |
| Long Business Summary | 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. |
| Long Name | Novanta Inc. |
| Market | us_market |
| Market Cap | 5,504,376,320 |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_400280 |
| Most Recent Quarter | 1,783,036,800 |
| Net Income To Common | 61,764,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 5,460,129,632 |
| Number Of Analyst Opinions | 2 |
| Open | 144.49 |
| Operating Cashflow | 133,840,000 |
| Operating Margins | 0.11497 |
| Overall Risk | 2 |
| Payout Ratio | 0.0 |
| Phone | 781 266 5700 |
| Previous Close | 145.03 |
| Price Eps Current Year | 39.408882 |
| Price Hint | 2 |
| Price To Book | 3.4050767 |
| Price To Sales Trailing12 Months | 5.345617 |
| Profit Margins | 0.05998 |
| Quick Ratio | 3.65 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | strong_buy |
| Recommendation Mean | 1.33333 |
| Region | US |
| Regular Market Change | 0.520004 |
| Regular Market Change Percent | 0.358549 |
| Regular Market Day High | 148.6 |
| Regular Market Day Low | 141.48 |
| Regular Market Day Range | 141.48 - 148.6 |
| Regular Market Open | 144.49 |
| Regular Market Previous Close | 145.03 |
| Regular Market Price | 145.55 |
| Regular Market Time | 1,791,921,600 |
| Regular Market Volume | 575,172 |
| Return On Assets | 0.04087 |
| Return On Equity | 0.051090002 |
| Revenue Growth | 0.103 |
| Revenue Per Share | 26.447 |
| Sand P52 Week Change | 0.17502642 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Share Holder Rights Risk | 2 |
| Shares Outstanding | 37,817,770 |
| Shares Percent Shares Out | 0.136 |
| Shares Short | 5,144,846 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 4,891,805 |
| Short Name | Novanta Inc. |
| Short Percent Of Float | 0.15640001 |
| Short Ratio | 14.33 |
| Source Interval | 15 |
| State | MA |
| Symbol | NOVT |
| Target High Price | 195.0 |
| Target Low Price | 194.0 |
| Target Mean Price | 194.5 |
| Target Median Price | 194.5 |
| Total Cash | 718,649,984 |
| Total Cash Per Share | 19.003 |
| Total Debt | 285,596,992 |
| Total Revenue | 1,029,699,008 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | 1.58 |
| Trailing P E | 92.120255 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 141.08295 |
| Two Hundred Day Average Change | 4.4670563 |
| Two Hundred Day Average Change Percent | 0.031662624 |
| Type Disp | Equity |
| Volume | 575,172 |
| Website | https://www.novanta.com |
| Zip | 1,730 |