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NOVT
Stock ticker: NASDAQ
AS OF
Jun 24 closing price
Price
$126.27
Change
+$3.54 (+2.88%)
Capitalization
6.26B

NOVT Novanta Forecast, Technical & Fundamental Analysis

Novanta Inc manufactures photonic and motion-control components for original equipment manufacturers in the medical equipment and industrial technology markets... Show more

NOVT
Daily Signalchanged days ago
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A.I.Advisor
a Summary for NOVT with price predictions
Jun 23, 2025

NOVT sees MACD Histogram crosses below signal line

NOVT saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on June 13, 2025. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 52 instances where the indicator turned negative. In of the 52 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on June 17, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on NOVT as a result. In of 94 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where NOVT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 3 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

NOVT moved above its 50-day moving average on June 23, 2025 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where NOVT advanced for three days, in of 304 cases, the price rose further within the following month. The odds of a continued upward trend are .

Fundamental Analysis (Ratings)

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating slightly better than average sales and a considerably profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. NOVT’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 78, placing this stock worse than average.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. NOVT’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (9.166) is normal, around the industry mean (4.130). P/E Ratio (85.223) is within average values for comparable stocks, (66.225). NOVT's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (2.167). Dividend Yield (0.000) settles around the average of (0.022) among similar stocks. P/S Ratio (7.037) is also within normal values, averaging (103.541).

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

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NOVT
Daily Signalchanged days ago
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A.I. Advisor
published Earnings

NOVT is expected to report earnings to 73 cents per share on August 12

Novanta NOVT Stock Earnings Reports
Q2'25
Est.
$0.73
Q1'25
Beat
by $0.04
Q4'24
Missed
by $0.21
Q3'24
Est.
$0.85
Q2'24
Beat
by $0.04
The last earnings report on May 06 showed earnings per share of 74 cents, beating the estimate of 69 cents. With 176.12K shares outstanding, the current market capitalization sits at 6.26B.
A.I. Advisor
published General Information

General Information

a developer of manufactures and sells precision photonic and motion control components

Industry ElectronicEquipmentInstruments

Profile
Fundamentals
Details
Industry
Electronic Equipment Or Instruments
Address
125 Middlesex Turnpike
Phone
+1 781 266-5700
Employees
2900
Web
https://www.novanta.com
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NOVT and Stocks

Correlation & Price change

A.I.dvisor indicates that over the last year, NOVT has been closely correlated with CGNX. These tickers have moved in lockstep 70% of the time. This A.I.-generated data suggests there is a high 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%
+1.80%
CGNX - NOVT
70%
Closely correlated
+0.74%
FTV - NOVT
69%
Closely correlated
+0.96%
VNT - NOVT
68%
Closely correlated
+1.59%
BMI - NOVT
64%
Loosely correlated
+1.24%
TRMB - NOVT
60%
Loosely correlated
+1.25%
More

Groups containing NOVT

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To NOVT
1D Price
Change %
NOVT100%
+1.80%
NOVT
(8 stocks)
89%
Closely correlated
+2.40%