FTV
Price
$81.63
Change
+$0.98 (+1.22%)
Updated
Jan 30 closing price
Capitalization
30.23B
7 days until earnings call
NOVT
Price
$149.07
Change
+$1.32 (+0.89%)
Updated
Jan 30 closing price
Capitalization
6.26B
26 days until earnings call
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FTV vs NOVT

Header iconFTV vs NOVT Comparison
Open Charts FTV vs NOVTBanner chart's image
Fortive
Price$81.63
Change+$0.98 (+1.22%)
Volume$1.37M
Capitalization30.23B
Novanta
Price$149.07
Change+$1.32 (+0.89%)
Volume$145.43K
Capitalization6.26B
FTV vs NOVT Comparison Chart
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FTV
Daily Signalchanged days ago
Gain/Loss if bought
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NOVT
Daily Signalchanged days ago
Gain/Loss if bought
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FTV vs. NOVT commentary
Jan 31, 2025

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is FTV is a Buy and NOVT is a Buy.

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COMPARISON
Comparison
Jan 31, 2025
Stock price -- (FTV: $81.63 vs. NOVT: $149.07)
Brand notoriety: FTV and NOVT are both not notable
Both companies represent the Electronic Equipment/Instruments industry
Current volume relative to the 65-day Moving Average: FTV: 60% vs. NOVT: 74%
Market capitalization -- FTV: $30.23B vs. NOVT: $6.26B
FTV [@Electronic Equipment/Instruments] is valued at $30.23B. NOVT’s [@Electronic Equipment/Instruments] market capitalization is $6.26B. The market cap for tickers in the [@Electronic Equipment/Instruments] industry ranges from $109.85B to $0. The average market capitalization across the [@Electronic Equipment/Instruments] industry is $5.89B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

FTV’s FA Score shows that 1 FA rating(s) are green whileNOVT’s FA Score has 0 green FA rating(s).

  • FTV’s FA Score: 1 green, 4 red.
  • NOVT’s FA Score: 0 green, 5 red.
According to our system of comparison, FTV is a better buy in the long-term than NOVT.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

FTV’s TA Score shows that 6 TA indicator(s) are bullish while NOVT’s TA Score has 4 bullish TA indicator(s).

  • FTV’s TA Score: 6 bullish, 4 bearish.
  • NOVT’s TA Score: 4 bullish, 3 bearish.
According to our system of comparison, FTV is a better buy in the short-term than NOVT.

Price Growth

FTV (@Electronic Equipment/Instruments) experienced а +1.73% price change this week, while NOVT (@Electronic Equipment/Instruments) price change was -0.40% for the same time period.

The average weekly price growth across all stocks in the @Electronic Equipment/Instruments industry was -2.50%. For the same industry, the average monthly price growth was +7.26%, and the average quarterly price growth was +15.50%.

Reported Earning Dates

FTV is expected to report earnings on Apr 24, 2025.

NOVT is expected to report earnings on Feb 26, 2025.

Industries' Descriptions

@Electronic Equipment/Instruments (-2.50% weekly)

This industry manufactures electronic products used in various critical and sophisticated technologies, including laser-based systems, circuit and continuity testers, electro-optical measuring instruments and high-speed precision weighing and inspection equipment. Some major companies operating in this business are Canon Inc., Keysight Technologies Inc., and Fortive Corp.

SUMMARIES
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FUNDAMENTALS
Fundamentals
FTV($30.2B) has a higher market cap than NOVT($6.27B). NOVT has higher P/E ratio than FTV: NOVT (85.22) vs FTV (34.82). FTV YTD gains are higher at: 8.840 vs. NOVT (-2.422). FTV has higher annual earnings (EBITDA): 1.57B vs. NOVT (170M). FTV has more cash in the bank: 1.89B vs. NOVT (105M). NOVT has less debt than FTV: NOVT (405M) vs FTV (3.81B). FTV has higher revenues than NOVT: FTV (6.07B) vs NOVT (882M).
FTVNOVTFTV / NOVT
Capitalization30.2B6.27B482%
EBITDA1.57B170M924%
Gain YTD8.840-2.422-365%
P/E Ratio34.8285.2241%
Revenue6.07B882M688%
Total Cash1.89B105M1,799%
Total Debt3.81B405M941%
FUNDAMENTALS RATINGS
FTV vs NOVT: Fundamental Ratings
FTV
NOVT
OUTLOOK RATING
1..100
2655
VALUATION
overvalued / fair valued / undervalued
1..100
40
Fair valued
93
Overvalued
PROFIT vs RISK RATING
1..100
4938
SMR RATING
1..100
7474
PRICE GROWTH RATING
1..100
2476
P/E GROWTH RATING
1..100
5634
SEASONALITY SCORE
1..100
n/a50

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

FTV's Valuation (40) in the Electronic Equipment Or Instruments industry is somewhat better than the same rating for NOVT (93). This means that FTV’s stock grew somewhat faster than NOVT’s over the last 12 months.

NOVT's Profit vs Risk Rating (38) in the Electronic Equipment Or Instruments industry is in the same range as FTV (49). This means that NOVT’s stock grew similarly to FTV’s over the last 12 months.

NOVT's SMR Rating (74) in the Electronic Equipment Or Instruments industry is in the same range as FTV (74). This means that NOVT’s stock grew similarly to FTV’s over the last 12 months.

FTV's Price Growth Rating (24) in the Electronic Equipment Or Instruments industry is somewhat better than the same rating for NOVT (76). This means that FTV’s stock grew somewhat faster than NOVT’s over the last 12 months.

NOVT's P/E Growth Rating (34) in the Electronic Equipment Or Instruments industry is in the same range as FTV (56). This means that NOVT’s stock grew similarly to FTV’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
FTVNOVT
RSI
ODDS (%)
Bearish Trend 3 days ago
41%
Bullish Trend 3 days ago
67%
Stochastic
ODDS (%)
Bearish Trend 3 days ago
48%
Bullish Trend 3 days ago
70%
Momentum
ODDS (%)
Bullish Trend 3 days ago
57%
Bearish Trend 3 days ago
65%
MACD
ODDS (%)
Bullish Trend 3 days ago
71%
Bullish Trend 3 days ago
66%
TrendWeek
ODDS (%)
Bullish Trend 3 days ago
57%
Bearish Trend 3 days ago
60%
TrendMonth
ODDS (%)
Bullish Trend 3 days ago
54%
Bearish Trend 3 days ago
59%
Advances
ODDS (%)
Bullish Trend 3 days ago
51%
N/A
Declines
ODDS (%)
Bearish Trend 30 days ago
50%
Bearish Trend 5 days ago
65%
BollingerBands
ODDS (%)
Bearish Trend 3 days ago
49%
Bullish Trend 3 days ago
82%
Aroon
ODDS (%)
Bullish Trend 3 days ago
44%
Bearish Trend 3 days ago
62%
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FTV
Daily Signalchanged days ago
Gain/Loss if bought
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NOVT
Daily Signalchanged days ago
Gain/Loss if bought
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NOVT and

Correlation & Price change

A.I.dvisor indicates that over the last year, NOVT has been loosely correlated with CGNX. These tickers have moved in lockstep 63% of the time. This A.I.-generated data suggests there is some statistical probability that if NOVT jumps, then CGNX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To NOVT
1D Price
Change %
NOVT100%
+0.89%
CGNX - NOVT
63%
Loosely correlated
+1.33%
TRMB - NOVT
60%
Loosely correlated
+0.82%
ESE - NOVT
60%
Loosely correlated
+1.79%
KEYS - NOVT
58%
Loosely correlated
+1.30%
ST - NOVT
57%
Loosely correlated
-0.40%
More