Novanta (NOVT) Competitors $149.63 +1.97 (+1.33%) As of 01/17/2025 04:00 PM Eastern Add Compare Share Share Competitors Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends NOVT vs. RRX, CAE, BE, XCH, FLNC, ATKR, QS, ENR, PLUG, and RUNShould you be buying Novanta stock or one of its competitors? The main competitors of Novanta include Regal Rexnord (RRX), CAE (CAE), Bloom Energy (BE), XCHG (XCH), Fluence Energy (FLNC), Atkore (ATKR), QuantumScape (QS), Energizer (ENR), Plug Power (PLUG), and Sunrun (RUN). These companies are all part of the "electrical equipment" industry. Novanta vs. Regal Rexnord CAE Bloom Energy XCHG Fluence Energy Atkore QuantumScape Energizer Plug Power Sunrun Regal Rexnord (NYSE:RRX) and Novanta (NASDAQ:NOVT) are both industrial products companies, but which is the better stock? We will compare the two companies based on the strength of their analyst recommendations, institutional ownership, community ranking, valuation, profitability, dividends, media sentiment, risk and earnings. Which has more risk & volatility, RRX or NOVT? Regal Rexnord has a beta of 1.04, meaning that its share price is 4% more volatile than the S&P 500. Comparatively, Novanta has a beta of 1.28, meaning that its share price is 28% more volatile than the S&P 500. Does the media favor RRX or NOVT? In the previous week, Regal Rexnord had 8 more articles in the media than Novanta. MarketBeat recorded 10 mentions for Regal Rexnord and 2 mentions for Novanta. Regal Rexnord's average media sentiment score of 0.28 beat Novanta's score of 0.07 indicating that Regal Rexnord is being referred to more favorably in the media. Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment Regal Rexnord 3 Very Positive mention(s) 0 Positive mention(s) 2 Neutral mention(s) 3 Negative mention(s) 0 Very Negative mention(s) Neutral Novanta 0 Very Positive mention(s) 0 Positive mention(s) 1 Neutral mention(s) 0 Negative mention(s) 1 Very Negative mention(s) Neutral Do institutionals and insiders believe in RRX or NOVT? 99.7% of Regal Rexnord shares are owned by institutional investors. Comparatively, 98.4% of Novanta shares are owned by institutional investors. 0.8% of Regal Rexnord shares are owned by company insiders. Comparatively, 1.2% of Novanta shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth. Which has stronger valuation & earnings, RRX or NOVT? Novanta has lower revenue, but higher earnings than Regal Rexnord. Regal Rexnord is trading at a lower price-to-earnings ratio than Novanta, indicating that it is currently the more affordable of the two stocks. CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings RatioRegal Rexnord$6.25B1.66-$57.40M$3.1749.34Novanta$881.66M6.10$72.88M$1.6789.60 Is RRX or NOVT more profitable? Novanta has a net margin of 6.52% compared to Regal Rexnord's net margin of 3.41%. Novanta's return on equity of 15.20% beat Regal Rexnord's return on equity.Company Net Margins Return on Equity Return on Assets Regal Rexnord3.41% 9.48% 4.05% Novanta 6.52%15.20%7.80% Do analysts recommend RRX or NOVT? Regal Rexnord presently has a consensus target price of $202.00, suggesting a potential upside of 29.15%. Novanta has a consensus target price of $169.00, suggesting a potential upside of 12.95%. Given Regal Rexnord's stronger consensus rating and higher possible upside, research analysts clearly believe Regal Rexnord is more favorable than Novanta.Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Regal Rexnord 0 Sell rating(s) 1 Hold rating(s) 8 Buy rating(s) 0 Strong Buy rating(s) 2.89Novanta 0 Sell rating(s) 1 Hold rating(s) 0 Buy rating(s) 0 Strong Buy rating(s) 2.00 Does the MarketBeat Community favor RRX or NOVT? Novanta received 252 more outperform votes than Regal Rexnord when rated by MarketBeat users. Likewise, 71.80% of users gave Novanta an outperform vote while only 62.20% of users gave Regal Rexnord an outperform vote. CompanyUnderperformOutperformRegal RexnordOutperform Votes5162.20% Underperform Votes3137.80% NovantaOutperform Votes30371.80% Underperform Votes11928.20% SummaryNovanta beats Regal Rexnord on 10 of the 18 factors compared between the two stocks. Get Novanta News Delivered to You Automatically Sign up to receive the latest news and ratings for NOVT and its competitors with MarketBeat's FREE daily newsletter. Email Address New MarketBeat Followers Over TimeWhat are MarkeBeat Followers?This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period. Skip ChartMedia Sentiment Over TimeWhat is Media Sentiment?This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.Skip Chart NOVT vs. The Competition Export to ExcelMetricNovantaelectrical machinery, equipment, & supplies IndustryComputer SectorNASDAQ ExchangeMarket Cap$5.37B$976.68M$26.95B$9.14BDividend YieldN/A2.08%2.78%4.04%P/E Ratio89.6027.66235.8417.33Price / Sales6.1015.973,187.18136.43Price / Cash33.9415.6634.2435.97Price / Book7.954.018.364.80Net Income$72.88M-$72.40M$669.74M$224.91M7 Day Performance1.46%0.63%2.06%1.77%1 Month Performance-9.67%20.85%4.13%2.22%1 Year Performance-1.29%25.80%27.10%20.67% Novanta Competitors List Export to ExcelCompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)NOVTNovanta2.5152 of 5 stars$149.63+1.3%$169.00+12.9%-1.3%$5.37B$881.66M89.602,900RRXRegal Rexnord4.9255 of 5 stars$152.02+1.9%$203.25+33.7%+17.1%$10.07B$6.18B47.9632,100Analyst ForecastOptions VolumeCAECAE0.9764 of 5 stars$23.53-0.8%$25.00+6.2%+17.7%$7.50B$4.43B-30.5613,000Short Interest ↑BEBloom Energy2.9804 of 5 stars$23.03-2.3%$22.45-2.5%+113.0%$5.26B$1.26B-41.122,530Analyst ForecastNews CoverageGap UpXCHXCHGN/A$1.65-8.8%N/AN/A$3.92B$39.07M0.00165Gap DownFLNCFluence Energy4.3392 of 5 stars$16.56+2.9%$26.65+60.9%-25.3%$3.00B$2.70B127.381,595Short Interest ↑Gap DownATKRAtkore4.1742 of 5 stars$84.44+3.2%$115.67+37.0%-42.8%$2.93B$3.20B6.695,000QSQuantumScape1.0876 of 5 stars$5.40-3.7%$6.26+15.9%-21.7%$2.77BN/A-5.68850ENREnergizer4.0498 of 5 stars$34.95+0.4%$37.63+7.7%+12.0%$2.52B$2.89B67.215,600Analyst ForecastShort Interest ↓News CoveragePLUGPlug Power4.5793 of 5 stars$2.72-5.2%$4.52+66.2%-10.8%$2.48B$659.51M-1.272,450Analyst ForecastNews CoverageRUNSunrun4.479 of 5 stars$9.73-3.1%$19.31+98.5%-30.7%$2.18B$2.04B-5.3510,833Gap Down Related Companies and Tools Related Companies Regal Rexnord Competitors CAE Competitors Bloom Energy Competitors XCHG Competitors Fluence Energy Competitors Atkore Competitors QuantumScape Competitors Energizer Competitors Plug Power Competitors Sunrun Competitors Top 10 Stock Comparisons Bank Stocks Artificial Intelligence Stocks Toy Stocks Growth Stocks Airline Stocks Chinese Stocks EV Charging Stocks Defense Stocks Lithium Stocks Pharmaceutical Stocks This page (NASDAQ:NOVT) was last updated on 1/18/2025 by MarketBeat.com Staff From Our PartnersLast time you’ll see this priced at $1.00When was the last time you bought something for a buck? 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