Novanta (NOVT) Competitors

CAE (NYSE:CAE) and Novanta (NASDAQ:NOVT) are both mid-cap aerospace companies, but which is the superior business? We will contrast the two companies based on the strength of their risk, community ranking, dividends, profitability, media sentiment, valuation, institutional ownership, earnings and analyst recommendations.

Which has more risk and volatility, CAE or NOVT?

CAE has a beta of 1.39, indicating that its stock price is 39% more volatile than the S&P 500. Comparatively, Novanta has a beta of 1.42, indicating that its stock price is 42% more volatile than the S&P 500.

Is CAE or NOVT more profitable?

Novanta has a net margin of 6.52% compared to CAE's net margin of -4.96%. Novanta's return on equity of 15.20% beat CAE's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
CAE	-4.96%	6.11%	2.67%
Novanta	6.52%	15.20%	7.80%

Which has better valuation & earnings, CAE or NOVT?

Novanta has lower revenue, but higher earnings than CAE. CAE is trading at a lower price-to-earnings ratio than Novanta, indicating that it is currently the more affordable of the two stocks.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
CAE	$4.56B	1.65	-$225.35M	-$0.52	-45.11
Novanta	$949.25M	4.32	$72.88M	$1.78	64.10

Does the MarketBeat Community favor CAE or NOVT?

CAE received 269 more outperform votes than Novanta when rated by MarketBeat users. However, 71.63% of users gave Novanta an outperform vote while only 62.17% of users gave CAE an outperform vote.

Company	Underperform	Outperform
CAE	Outperform Votes 572 62.17%	Underperform Votes 348 37.83%
Novanta	Outperform Votes 303 71.63%	Underperform Votes 120 28.37%

Do analysts rate CAE or NOVT?

CAE presently has a consensus price target of $32.00, suggesting a potential upside of 36.43%. Novanta has a consensus price target of $160.00, suggesting a potential upside of 40.24%. Given Novanta's higher possible upside, analysts clearly believe Novanta is more favorable than CAE.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
CAE	0 Sell rating(s)	8 Hold rating(s)	3 Buy rating(s)	0 Strong Buy rating(s)	2.27
Novanta	0 Sell rating(s)	1 Hold rating(s)	0 Buy rating(s)	0 Strong Buy rating(s)	2.00

Do institutionals and insiders hold more shares of CAE or NOVT?

67.4% of CAE shares are owned by institutional investors. Comparatively, 98.3% of Novanta shares are owned by institutional investors. 18.3% of CAE shares are owned by company insiders. Comparatively, 1.2% of Novanta shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Does the media favor CAE or NOVT?

In the previous week, CAE had 8 more articles in the media than Novanta. MarketBeat recorded 14 mentions for CAE and 6 mentions for Novanta. Novanta's average media sentiment score of 1.49 beat CAE's score of 0.82 indicating that Novanta is being referred to more favorably in the news media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
CAE	8 Very Positive mention(s)	1 Positive mention(s)	4 Neutral mention(s)	1 Negative mention(s)	0 Very Negative mention(s)	Positive
Novanta	5 Very Positive mention(s)	0 Positive mention(s)	0 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive

Summary

Novanta beats CAE on 12 of the 18 factors compared between the two stocks.