Novanta Inc. (NOVT)Technology | Scientific & Technical Instruments | Bedford, United States | NasdaqGS
142.20 USD
-2.45
(-1.694%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 142.20 |
Hot Take ↕ | Aug. 22, 2026, 1:09 a.m. EDT
Novanta presents a compelling dichotomy: a fundamentally superior business currently trading at a discount due to recent price weakness, yet facing aggressive speculative skepticism in the options market. The company's fundamentals are robust, boasting double-digit revenue growth, expanding margins, and a fortress balance sheet with minimal debt. The stock has delivered exceptional long-term returns, rising nearly six-fold over the last nine years, though it recently suffered a sharp annual decline that has dragged the price down significantly. This disconnect creates a high-conviction long-term setup where the market appears to be overreacting to short-term noise. However, the short-term outlook is clouded by a stark divergence between the company's operational success and the sentiment of retail traders. The options chain reveals a 'bull trap' dynamic: while smart money accumulates shares based on earnings beats and margin expansion, speculators are buying deep out-of-the-money calls hoping for a parabolic surge while simultaneously insuring against a crash below $100. Until the price action breaks decisively above the resistance levels where these call walls sit, the immediate path remains choppy, but the underlying asset quality remains elite. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.082012 |
| AutoETS | 0.088139 |
| AutoTheta | 0.180447 |
| AutoARIMA | 0.269011 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 39% |
| H-stat | 4.89 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.311 |
| Excess Kurtosis | -1.05 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Debt to Equity Ratio | 17.668 |
| Revenue per Share | 26.447 |
| Market Cap | 5,377,686,528 |
| Trailing P/E | 91.74 |
| Forward P/E | 32.56 |
| Beta | 1.68 |
| Profit Margins | 6.00% |
| Website | https://www.novanta.com |
As of Aug. 22, 2026, 1:09 a.m. EDT: Speculators are positioning aggressively for a significant upside move, evidenced by massive open interest walls at $220 and $230 for November expirations, alongside heavy volume at strikes far out-of-the-money. Conversely, put buyers have established a dense defensive wall between $95 and $105, suggesting a fear of a deep correction if the rally stalls. The implied volatility skew shows elevated premiums for deep OTM calls relative to the current price, indicating a speculative bet on continued momentum rather than a hedging strategy.
| Attribute | Value |
|---|---|
| 52 Week Change | 0.29048085 |
| Address1 | 125 Middlesex Turnpike |
| All Time High | 187.61 |
| All Time Low | 1.29 |
| Ask | 184.38 |
| Ask Size | 2 |
| Audit Risk | 2 |
| Average Daily Volume10 Day | 334,880 |
| Average Daily Volume3 Month | 499,338 |
| Average Volume | 499,338 |
| Average Volume10Days | 334,880 |
| Beta | 1.676 |
| Bid | 142.05 |
| Bid Size | 1 |
| 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 | 142.2 |
| Current Ratio | 4.569 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 146.31 |
| Day Low | 140.97 |
| Debt To Equity | 17.668 |
| Display Name | Novanta |
| Earnings Call Timestamp End | 1,786,017,600 |
| Earnings Call Timestamp Start | 1,786,017,600 |
| Earnings Growth | 1.5 |
| Earnings Quarterly Growth | 1.789 |
| Earnings Timestamp | 1,785,933,000 |
| Earnings Timestamp End | 1,793,709,000 |
| Earnings Timestamp Start | 1,793,709,000 |
| Ebitda | 180,952,000 |
| Ebitda Margins | 0.17573 |
| Enterprise To Ebitda | 27.326 |
| Enterprise To Revenue | 4.802 |
| Enterprise Value | 4,944,633,856 |
| Eps Current Year | 3.69333 |
| Eps Forward | 4.36667 |
| Eps Trailing Twelve Months | 1.55 |
| Esg Populated | 0 |
| Exchange | NMS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 152.2972 |
| Fifty Day Average Change | -10.0971985 |
| Fifty Day Average Change Percent | -0.066299304 |
| Fifty Two Week Change Percent | 29.048084 |
| Fifty Two Week High | 176.38 |
| Fifty Two Week High Change | -34.180008 |
| Fifty Two Week High Change Percent | -0.19378619 |
| Fifty Two Week Low | 98.27 |
| Fifty Two Week Low Change | 43.93 |
| Fifty Two Week Low Change Percent | 0.4470337 |
| Fifty Two Week Range | 98.27 - 176.38 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 922,285,800,000 |
| Float Shares | 37,536,784 |
| Forward Eps | 4.36667 |
| Forward P E | 32.564857 |
| Free Cashflow | 118,383,248 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 3,000 |
| Fullday Change | -2.45 |
| Fullday Change Percent | -1.69374 |
| Fullday Price | 142.2 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,785,542,400 |
| Gross Margins | 0.44544998 |
| Gross Profits | 458,676,992 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.0070700003 |
| Held Percent Institutions | 1.23553 |
| 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 | 1 |
| 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 | 5,377,686,528 |
| Market State | CLOSED |
| 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 | 5,469,016,808 |
| Number Of Analyst Opinions | 2 |
| Open | 145.78 |
| Operating Cashflow | 133,840,000 |
| Operating Margins | 0.11497 |
| Overall Risk | 2 |
| Payout Ratio | 0.0 |
| Phone | 781 266 5700 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 142.2 |
| Post Market Time | 1,787,959,804 |
| Previous Close | 144.65 |
| Price Eps Current Year | 38.50184 |
| Price Hint | 2 |
| Price To Book | 3.326705 |
| Price To Sales Trailing12 Months | 5.222581 |
| Profit Margins | 0.05998 |
| Quick Ratio | 3.65 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -2.45 |
| Regular Market Change Percent | -1.69374 |
| Regular Market Day High | 146.31 |
| Regular Market Day Low | 140.97 |
| Regular Market Day Range | 140.97 - 146.31 |
| Regular Market Open | 145.78 |
| Regular Market Previous Close | 144.65 |
| Regular Market Price | 142.2 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 265,454 |
| Return On Assets | 0.04087 |
| Return On Equity | 0.051090002 |
| Revenue Growth | 0.103 |
| Revenue Per Share | 26.447 |
| Sand P52 Week Change | 0.20504117 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Share Holder Rights Risk | 2 |
| Shares Outstanding | 37,817,770 |
| Shares Percent Shares Out | 0.1268 |
| Shares Short | 4,796,334 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 5,289,203 |
| Short Name | Novanta Inc. |
| Short Percent Of Float | 0.1458 |
| Short Ratio | 11.01 |
| 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 | 1.55 |
| Trailing P E | 91.741936 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 136.42365 |
| Two Hundred Day Average Change | 5.776352 |
| Two Hundred Day Average Change Percent | 0.04234128 |
| Type Disp | Equity |
| Volume | 265,454 |
| Website | https://www.novanta.com |
| Zip | 1,730 |