Novanta (NOVT) Competitors

Novanta (NASDAQ:NOVT) and Analog Devices (NASDAQ:ADI) are both computer and technology companies, but which is the superior investment? We will compare the two companies based on the strength of their profitability, analyst recommendations, risk, media sentiment, institutional ownership, dividends, valuation and earnings.

Which has stronger earnings and valuation, NOVT or ADI?

Analog Devices has higher revenue and earnings than Novanta. Analog Devices 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
Novanta	$949.24M	4.50	$64.09M	$1.70	69.84
Analog Devices	$9.43B	13.28	$1.64B	$3.92	64.92

Which has more volatility and risk, NOVT or ADI?

Novanta has a beta of 1.48, meaning that its share price is 48% more volatile than the S&P 500. Comparatively, Analog Devices has a beta of 1.05, meaning that its share price is 5% more volatile than the S&P 500.

Is NOVT or ADI more profitable?

Analog Devices has a net margin of 18.85% compared to Novanta's net margin of 6.41%. Novanta's return on equity of 14.70% beat Analog Devices' return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Novanta	6.41%	14.70%	7.88%
Analog Devices	18.85%	10.32%	7.50%

Does the media refer more to NOVT or ADI?

In the previous week, Analog Devices had 97 more articles in the media than Novanta. MarketBeat recorded 106 mentions for Analog Devices and 9 mentions for Novanta. Novanta's average media sentiment score of 1.69 beat Analog Devices' score of 0.99 indicating that Novanta is being referred to more favorably in the media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
Novanta	9 Very Positive mention(s)	0 Positive mention(s)	0 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Very Positive
Analog Devices	50 Very Positive mention(s)	11 Positive mention(s)	29 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive

Do analysts rate NOVT or ADI?

Novanta currently has a consensus price target of $133.00, indicating a potential upside of 12.02%. Analog Devices has a consensus price target of $273.53, indicating a potential upside of 7.48%. Given Novanta's higher probable upside, research analysts clearly believe Novanta is more favorable than Analog Devices.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Novanta	0 Sell rating(s)	1 Hold rating(s)	0 Buy rating(s)	0 Strong Buy rating(s)	2.00
Analog Devices	0 Sell rating(s)	6 Hold rating(s)	18 Buy rating(s)	1 Strong Buy rating(s)	2.80

Do institutionals & insiders believe in NOVT or ADI?

98.4% of Novanta shares are held by institutional investors. Comparatively, 86.8% of Analog Devices shares are held by institutional investors. 1.2% of Novanta shares are held by company insiders. Comparatively, 0.3% of Analog Devices shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Summary

Analog Devices beats Novanta on 9 of the 17 factors compared between the two stocks.