NOVT
Price
$159.65
Change
+$2.87 (+1.83%)
Updated
May 2, 6:59 PM EST
5 days until earnings call
VPG
Price
$33.82
Change
+$0.47 (+1.41%)
Updated
May 2, 6:59 PM EST
5 days until earnings call
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NOVT vs VPG ᐉ Comparison: Which is Better to Invest?

Header iconNOVT vs VPG Comparison
Open Charts NOVT vs VPGBanner chart's image
Novanta
Price$159.65
Change+$2.87 (+1.83%)
Volume$39.93K
CapitalizationN/A
Vishay Precision Group
Price$33.82
Change+$0.47 (+1.41%)
Volume$10.94K
CapitalizationN/A
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NOVT vs VPG Comparison Chart

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NOVTDaily Signal changed days agoGain/Loss if shorted
 
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VPGDaily Signal changed days agoGain/Loss if shorted
 
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VS
NOVT vs. VPG commentary
May 02, 2024

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 NOVT is a StrongBuy and VPG is a Buy.

COMPARISON
Comparison
May 02, 2024
Stock price -- (NOVT: $156.58 vs. VPG: $33.38)
Brand notoriety: NOVT and VPG are both not notable
Both companies represent the Electronic Equipment/Instruments industry
Current volume relative to the 65-day Moving Average: NOVT: 94% vs. VPG: 190%
Market capitalization -- NOVT: $6.26B vs. VPG: $472.8M
NOVT [@Electronic Equipment/Instruments] is valued at $6.26B. VPG’s [@Electronic Equipment/Instruments] market capitalization is $472.8M. 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 $5.29B.

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).

NOVT’s FA Score shows that 1 FA rating(s) are green whileVPG’s FA Score has 0 green FA rating(s).

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

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.

NOVT’s TA Score shows that 5 TA indicator(s) are bullish while VPG’s TA Score has 5 bullish TA indicator(s).

  • NOVT’s TA Score: 5 bullish, 5 bearish.
  • VPG’s TA Score: 5 bullish, 4 bearish.
According to our system of comparison, VPG is a better buy in the short-term than NOVT.

Price Growth

NOVT (@Electronic Equipment/Instruments) experienced а -0.78% price change this week, while VPG (@Electronic Equipment/Instruments) price change was +0.48% for the same time period.

The average weekly price growth across all stocks in the @Electronic Equipment/Instruments industry was +4.74%. For the same industry, the average monthly price growth was -1.15%, and the average quarterly price growth was +56.85%.

Reported Earning Dates

NOVT is expected to report earnings on Aug 06, 2024.

VPG is expected to report earnings on Aug 06, 2024.

Industries' Descriptions

@Electronic Equipment/Instruments (+4.74% 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
A.I.dvisor published
a Summary for NOVT with price predictions.
OPEN
A.I.dvisor published
a Summary for VPG with price predictions.
OPEN
FUNDAMENTALS
Fundamentals
NOVT($6.27B) has a higher market cap than VPG($473M). NOVT has higher P/E ratio than VPG: NOVT (85.22) vs VPG (18.75). VPG YTD gains are higher at: -2.025 vs. NOVT (-7.025). NOVT has higher annual earnings (EBITDA): 170M vs. VPG (58M). NOVT has more cash in the bank: 105M vs. VPG (84M). VPG has less debt than NOVT: VPG (58.5M) vs NOVT (405M). NOVT has higher revenues than VPG: NOVT (882M) vs VPG (355M).
NOVTVPGNOVT / VPG
Capitalization6.27B473M1,325%
EBITDA170M58M293%
Gain YTD-7.025-2.025347%
P/E Ratio85.2218.75455%
Revenue882M355M248%
Total Cash105M84M125%
Total Debt405M58.5M692%
FUNDAMENTALS RATINGS
NOVT vs VPG: Fundamental Ratings
NOVT
VPG
OUTLOOK RATING
1..100
6023
VALUATION
overvalued / fair valued / undervalued
1..100
94
Overvalued
70
Overvalued
PROFIT vs RISK RATING
1..100
29100
SMR RATING
1..100
6778
PRICE GROWTH RATING
1..100
5758
P/E GROWTH RATING
1..100
5234
SEASONALITY SCORE
1..100
50n/a

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.

VPG's Valuation (70) in the Electronic Components industry is in the same range as NOVT (94) in the Electronic Equipment Or Instruments industry. This means that VPG’s stock grew similarly to NOVT’s over the last 12 months.

NOVT's Profit vs Risk Rating (29) in the Electronic Equipment Or Instruments industry is significantly better than the same rating for VPG (100) in the Electronic Components industry. This means that NOVT’s stock grew significantly faster than VPG’s over the last 12 months.

NOVT's SMR Rating (67) in the Electronic Equipment Or Instruments industry is in the same range as VPG (78) in the Electronic Components industry. This means that NOVT’s stock grew similarly to VPG’s over the last 12 months.

NOVT's Price Growth Rating (57) in the Electronic Equipment Or Instruments industry is in the same range as VPG (58) in the Electronic Components industry. This means that NOVT’s stock grew similarly to VPG’s over the last 12 months.

VPG's P/E Growth Rating (34) in the Electronic Components industry is in the same range as NOVT (52) in the Electronic Equipment Or Instruments industry. This means that VPG’s stock grew similarly to NOVT’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
NOVTVPG
RSI
ODDS (%)
Bullish Trend 2 days ago
64%
N/A
Stochastic
ODDS (%)
Bearish Trend 2 days ago
56%
Bearish Trend 2 days ago
64%
Momentum
ODDS (%)
Bullish Trend 2 days ago
81%
Bullish Trend 2 days ago
71%
MACD
ODDS (%)
Bullish Trend 2 days ago
74%
Bullish Trend 2 days ago
60%
TrendWeek
ODDS (%)
Bearish Trend 2 days ago
57%
Bullish Trend 2 days ago
60%
TrendMonth
ODDS (%)
Bearish Trend 2 days ago
57%
Bearish Trend 2 days ago
58%
Advances
ODDS (%)
Bullish Trend 4 days ago
70%
Bullish Trend 4 days ago
60%
Declines
ODDS (%)
Bearish Trend 8 days ago
65%
Bearish Trend 9 days ago
68%
BollingerBands
ODDS (%)
Bullish Trend 2 days ago
71%
Bullish Trend 2 days ago
73%
Aroon
ODDS (%)
Bearish Trend 2 days ago
61%
N/A
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NOVTDaily Signal changed days agoGain/Loss if shorted
 
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VPGDaily Signal changed days agoGain/Loss if shorted
 
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NOVT and

Correlation & Price change

A.I.dvisor indicates that over the last year, NOVT has been loosely correlated with MKSI. These tickers have moved in lockstep 54% of the time. This A.I.-generated data suggests there is some statistical probability that if NOVT jumps, then MKSI could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To NOVT
1D Price
Change %
NOVT100%
+0.05%
MKSI - NOVT
54%
Loosely correlated
-3.25%
KEYS - NOVT
47%
Loosely correlated
-2.02%
CGNX - NOVT
47%
Loosely correlated
-1.47%
ESE - NOVT
45%
Loosely correlated
+0.71%
TRMB - NOVT
43%
Loosely correlated
-2.48%
More

VPG and

Correlation & Price change

A.I.dvisor indicates that over the last year, VPG has been loosely correlated with NOVT. These tickers have moved in lockstep 43% of the time. This A.I.-generated data suggests there is some statistical probability that if VPG jumps, then NOVT could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To VPG
1D Price
Change %
VPG100%
+1.15%
NOVT - VPG
43%
Loosely correlated
+0.05%
ESE - VPG
37%
Loosely correlated
+0.71%
FTV - VPG
34%
Loosely correlated
+0.23%
ITRI - VPG
34%
Loosely correlated
-0.63%
ST - VPG
33%
Poorly correlated
+1.77%
More