NOVT
Novanta Inc Information Technology Miscellaneous Electrical Machinery, Equipment & Supplies Russell 3000
$145.76Close
$5.2BMarket cap
$99.22 – $168.7552-week range
Nov 9, 2026Next report · after the close
Highlights
Strengths
- Earnings growing EPS +144% year on year, faster than the quarter before (+157 pts)
Cautions
- Trend not confirmed 6 of 8 conditions · 50-day under the 150/200-day, RS under 70
- Results soon Nov 9, 2026, in 8 days
Price
Filing Results Screen pick 52-week high and low Adjusted prices
Key figures
Off 12-month high
14%
1wk
up 3.5%
price change
1mo
up 2.5%
price change
12-month return
up 16%
market up 11% ·
its own up 2%
F-score
6 / 9
Mixed
Altman Z
7.67
Low risk
P/E
96.6×
price / earnings
PEG
—
P/E / EPS growth
P/B
4.0×
price / book
Earnings yield
up 1.9%
EBIT / enterprise value
Cheaper than
35%
of the market · expensive
Revenue growth
up 3%
year on year
EPS growth
up 144%
latest quarter · +157 pts
Sales growth
up 10%
latest quarter · -0 pts
ROE
up 5%
return on equity
Free cash margin
up 5%
$48.4M FCF
D/E
0.16
long-term debt / equity
Net debt / EBITDA
-1.1×
net cash
Interest cover
—EBIT / interest
Piotroski tests
- profitability slipped from last year
- gross margin narrowed
- assets working less efficiently
- profitable on its assets
- generating cash from operations
- profits backed by cash
- reduced long-term debt
- short-term liquidity improved
- no new shares issued
Repair signals
- Long-term debt down 48% ($0.4B → $0.2B)
Trade setup
ATR%
4.4%
$6.47 a day · 2×ATR $132.82
RS
56 / 99
vs the universe
Trend
6 / 8
50-day under the 150/200-day, RS under 70
Relative volume
1.1×
vs 50-day average
Up/down volume
1.37
50 sessions
Implied move
—
no option chain · report Nov 9, 2026
Trend template · 6 of 8
- 50-day average above the 150 and 200-day: fails
- RS rank 70 or higher: fails
Screen verdict
Did not qualify for any screen.
Warning signs
- No restatement or impairment
- Equity positive
- Interest covered
- No material dilution
- Profits tracking cash
- Margins and revenue not shrinking
Last reported
Aug 5, 2026
Results reaction
Aug 5, 2026+3% vs market2 sessions after results
Financials
- Gross 44%
- Net 5%
- Free cash 5%
- Cash
- Long-term debt
| FY2020Dec 31, 2020 | FY2021Dec 31, 2021 | FY2022Dec 31, 2022 | FY2023Dec 31, 2023 | FY2024Dec 31, 2024 | FY2025Dec 31, 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $590.6M | $706.8M | $860.9M | $881.7M | $949.2M | $980.6M |
| Gross margin | 41% | 42% | 44% | 45% | 44% | 44% |
| Operating income | $55.9M | $64.1M | $103.1M | $110.5M | $110.6M | $94.0M |
| Net income | $44.5M | $50.3M | $74.1M | $72.9M | $64.1M | $53.8M |
| Net margin | 8% | 7% | 9% | 8% | 7% | 5% |
| Earnings per share | $1.25 | $1.41 | $2.06 | $2.02 | $1.77 | $1.47 |
| Free cash flow | $129.7M | $74.6M | $71.1M | $100.1M | $141.3M | $48.4M |
| Free cash margin | 22% | 11% | 8% | 11% | 15% | 5% |
| Cash | $125.1M | $117.4M | $100.1M | $105.1M | $114.0M | $380.9M |
| Long-term debt | $194.9M | $429.4M | $430.7M | $349.4M | $411.9M | $212.5M |
| Shareholders' equity | $476.8M | $521.3M | $577.6M | $673.5M | $745.7M | $1.3B |
| Shares outstanding | 35.16m | 35.60m | 35.71m | 35.81m | 35.94m | 35.67m |
Filings
| Filed | Report | Period to | Lag |
|---|---|---|---|
| Aug 5, 2026 | Quarterly ↗ | Jul 3, 2026 | 33d |
| May 11, 2026 | Quarterly ↗ | Apr 3, 2026 | 38d |
| Feb 23, 2026 | Annual ↗ | Dec 31, 2025 | 54d |
| Nov 3, 2025 | Quarterly ↗ | Sep 26, 2025 | 38d |
| Aug 5, 2025 | Quarterly ↗ | Jun 27, 2025 | 39d |
| May 6, 2025 | Quarterly ↗ | Mar 28, 2025 | 39d |
| Feb 25, 2025 | Annual ↗ | Dec 31, 2024 | 56d |
| Nov 5, 2024 | Quarterly ↗ | Sep 27, 2024 | 39d |
| Aug 6, 2024 | Quarterly ↗ | Jun 28, 2024 | 39d |
| May 7, 2024 | Quarterly ↗ | Mar 29, 2024 | 39d |
| Feb 28, 2024 | Annual ↗ | Dec 31, 2023 | 59d |
| Nov 7, 2023 | Quarterly ↗ | Sep 29, 2023 | 39d |
Current reports
| Filed | Disclosed |
|---|---|
| Aug 5, 2026 | Results ↗ |
| Jul 27, 2026 | Acquisition or disposal · New obligation · Regulation FD ↗ |
| Jun 9, 2026 | Material agreement · Unregistered share sale · Other events ↗ |
| Jun 9, 2026 | Material agreement · Regulation FD ↗ |
| May 29, 2026 | Shareholder vote ↗ |
| May 15, 2026 | Material agreement · New obligation ↗ |
| May 11, 2026 | Results ↗ |
| Feb 23, 2026 | Results ↗ |
| Dec 1, 2025 | Regulation FD ↗ |
| Nov 13, 2025 | Regulation FD ↗ |
| Nov 12, 2025 | Material agreement · New obligation ↗ |
| Nov 3, 2025 | Results ↗ |