NOVT
Novanta Inc
NASDAQ: NOVT · TECHNOLOGY · SCIENTIFIC & TECHNICAL INSTRUMENTS
$139.98
-5.34% today
Updated 2026-06-05
Market cap
$5.72B
P/E ratio
114.66
P/S ratio
5.69x
EPS (TTM)
$1.40
Dividend yield
—
52W range
$98 – $172
Volume
0.4M
WallStSmart proprietary scores
44
out of 100
Grade: D
Sell
Investment rating
4.0
Growth
C8.0
Quality
A5.0
Profitability
C+2.7
Valuation
F3/9
Piotroski F-Score
Weak
3.0
Altman Z-Score
Grey zone
—
Industry rank
—
View all highly rated stocks (75+) →202 stocks currently score above 75
Price targets
Analyst target
$175.00
+25.02%
12-Month target
$11.41
-91.85%
Intrinsic (DCF)
$104.97
Margin of safety
-35.11%
1 Strong Buy2 Buy0 Hold0 Sell0 Strong Sell
Price chart
Stock snapshot
Strengths
+ Free cash flow $46.17M — positive
+ Revenue growth 10.40% QoQ
+ Debt/equity 0.22x — low leverage
Risks
- Piotroski 3/9 — weak financial health
- 35.11% above intrinsic value
- P/E 114.66x — expensive valuation
Key financials
Revenue Net Income Free Cash Flow
| Metric | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|
| Revenue | $860.90M | $881.66M | $949.25M | $980.60M | $1.00B |
| Net income | $74.05M | $72.88M | $64.09M | $53.83M | $21.10M |
| EPS | — | — | — | — | $1.40 |
| Free cash flow | $71.14M | $100.11M | $141.35M | $48.43M | $46.17M |
| Profit margin | 8.60% | 8.27% | 6.75% | 5.49% | 5.35% |
Peer comparison
Smart narrative
Novanta Inc trades at $139.98. representing a P/E of 114.66x trailing earnings. Our Smart Value Score of 44/100 indicates the stock is fair. The company scores 3/9 on the Piotroski F-Score. With an Altman Z-Score of 2.98, it sits in the grey zone. TTM revenue stands at $1.00B. with profit margins at 5.35%. Our DCF model estimates intrinsic value at $104.97.
Frequently asked questions
What is Novanta Inc's stock price?
Novanta Inc (NOVT) trades at $139.98, on a P/E of 114.7x and a P/S of 5.7x. Those multiples show what the market is paying for each dollar of earnings and sales, which is the real starting point for judging whether the price is reasonable.
Is Novanta Inc overvalued?
Novanta Inc carries a Smart Value Score of 44/100 (Grade D), which we rate Sell. That score blends growth, quality, and valuation into one read. On valuation specifically, our conservative DCF puts intrinsic value at $104.97 against the $139.98 price, so on cash flow terms the market is paying a premium for Novanta Inc's growth. The Sell rating reflects that growth and quality, while the DCF flags that the price already assumes a lot.
What is the price target of Novanta Inc (NOVT)?
The 12-month analyst consensus target is $175.00, about 25.0% above the current $139.98. A consensus target is the average of Wall Street's 12-month forecasts, so it works as a sentiment gauge rather than a guarantee, and it resets with every earnings cycle.
What is the intrinsic value of Novanta Inc (NOVT)?
Our DCF model estimates intrinsic value at $104.97, a -35.1% margin of safety versus today's $139.98. Intrinsic value is what the projected cash flows are worth today. A negative reading means the price is running ahead of that conservative estimate, leaving little downside cushion if growth slows.
What is Novanta Inc's revenue?
Novanta Inc's trailing twelve-month revenue is $1.00B. Revenue scale anchors the valuation multiples and shows whether growth is reaching the top line, so it is best read alongside margin and growth trends to see if that revenue is getting more profitable over time.
Altman Z-Score?
Novanta Inc's Altman Z-Score is 2.98, which places it in the grey zone. The Altman Z-Score gauges bankruptcy risk from profitability, leverage, and asset efficiency, and a higher reading points to lower financial distress risk.
Company info
SectorTECHNOLOGY
IndustrySCIENTIFIC & TECHNICAL INSTRUMENTS
CountryUSA
ExchangeNASDAQ
CurrencyUSD
Quick metrics
P/S ratio5.69x
ROE5.16%
Beta1.68
50D MA$142.65
200D MA$126.17
Shares out0.04B
Float0.04B
Short ratio—
Avg volume0.4M
Performance
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3 months—
YTD—
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