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NOVT
Stock ticker: NASDAQ
AS OF
May 30 closing price
Price
$123.82
Change
-$0.50 (-0.40%)
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
May 30, 2025

NOVT's RSI Oscillator peaks and leaves overbought zone

The 10-day RSI Indicator for NOVT moved out of overbought territory on May 14, 2025. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 24 instances where the indicator moved out of the overbought zone. In of the 24 cases the stock moved lower in the days that followed. This puts the odds of a move down at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on May 22, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on NOVT as a result. In of 96 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for NOVT turned negative on May 23, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 52 similar instances when the indicator turned negative. In of the 52 cases the stock turned lower in the days that followed. This puts the odds of success at .

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 .

NOVT broke above its upper Bollinger Band on May 12, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 58 cases where NOVT's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

NOVT moved above its 50-day moving average on May 29, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for NOVT crossed bullishly above the 50-day moving average on May 15, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 20 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where NOVT advanced for three days, in of 306 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 220 cases where NOVT Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 77, placing this stock slightly better than average.

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

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 Seasonality Score of (best 1 - 100 worst) indicates that the company is slightly 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.

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: NOVT's P/B Ratio (9.166) is very high in comparison to the industry average of (3.384). 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 (12.865).

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NOVT
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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 314.55K 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%
-0.40%
CGNX - NOVT
70%
Closely correlated
-2.44%
FTV - NOVT
70%
Closely correlated
-1.13%
VNT - NOVT
69%
Closely correlated
-0.94%
BMI - NOVT
65%
Loosely correlated
-0.10%
TRMB - NOVT
60%
Loosely correlated
-0.54%
More

Groups containing NOVT

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To NOVT
1D Price
Change %
NOVT100%
-0.40%
NOVT
(8 stocks)
89%
Closely correlated
-1.65%