Novanta (NASDAQ:NOVT - Get Free Report) will likely be releasing its earnings data before the market opens on Tuesday, February 25th. Analysts expect Novanta to post earnings of $0.81 per share and revenue of $240.29 million for the quarter. Individual interested in participating in the company's earnings conference call can do so using this link.
Novanta Trading Down 1.6 %
Shares of Novanta stock traded down $2.29 during trading on Friday, hitting $140.51. The company's stock had a trading volume of 243,354 shares, compared to its average volume of 200,413. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.79 and a quick ratio of 1.81. Novanta has a 52 week low of $139.78 and a 52 week high of $187.12. The stock has a market cap of $5.05 billion, a price-to-earnings ratio of 84.14 and a beta of 1.28. The stock has a 50-day moving average price of $150.65 and a two-hundred day moving average price of $165.38.
Wall Street Analyst Weigh In
Separately, Robert W. Baird reduced their price objective on shares of Novanta from $175.00 to $169.00 and set a "neutral" rating on the stock in a research note on Wednesday, November 6th.
Read Our Latest Stock Report on NOVT
About Novanta
(
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Novanta, Inc engages in the provision of core technology solutions to healthcare and advanced industrial original equipment manufacturers. It operates through the following segments: Photonics, Vision, and Precision Motion. The Photonics segment designs, manufactures, and markets photonics-based solutions, including laser scanning and laser beam delivery, CO2 laser, continuous wave and ultrafast laser, and optical light engine products.
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