Novanta (NOVT) Competitors

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

Which has higher valuation and earnings, ADI or NOVT?

Analog Devices has higher revenue and earnings than Novanta. Novanta is trading at a lower price-to-earnings ratio than Analog Devices, 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
Analog Devices	$9.43B	12.66	$1.64B	$3.67	65.51
Novanta	$951.70M	4.71	$64.09M	$1.96	63.63

Do analysts prefer ADI or NOVT?

Analog Devices currently has a consensus price target of $257.67, indicating a potential upside of 7.17%. Novanta has a consensus price target of $160.00, indicating a potential upside of 28.29%. Given Novanta's higher possible upside, analysts clearly believe Novanta is more favorable than Analog Devices.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Analog Devices	1 Sell rating(s)	5 Hold rating(s)	19 Buy rating(s)	1 Strong Buy rating(s)	2.77
Novanta	0 Sell rating(s)	1 Hold rating(s)	0 Buy rating(s)	0 Strong Buy rating(s)	2.00

Does the media favor ADI or NOVT?

In the previous week, Analog Devices had 20 more articles in the media than Novanta. MarketBeat recorded 28 mentions for Analog Devices and 8 mentions for Novanta. Analog Devices' average media sentiment score of 1.03 beat Novanta's score of 0.94 indicating that Analog Devices is being referred to more favorably in the media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
Analog Devices	18 Very Positive mention(s)	1 Positive mention(s)	6 Neutral mention(s)	1 Negative mention(s)	0 Very Negative mention(s)	Positive
Novanta	4 Very Positive mention(s)	0 Positive mention(s)	3 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive

Is ADI or NOVT more profitable?

Analog Devices has a net margin of 18.65% compared to Novanta's net margin of 7.42%. Novanta's return on equity of 15.06% beat Analog Devices' return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Analog Devices	18.65%	9.56%	6.99%
Novanta	7.42%	15.06%	7.97%

Do institutionals and insiders believe in ADI or NOVT?

86.8% of Analog Devices shares are owned by institutional investors. Comparatively, 98.3% of Novanta shares are owned by institutional investors. 0.3% of Analog Devices 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, large money managers and endowments believe a stock will outperform the market over the long term.

Which has more risk and volatility, ADI or NOVT?

Analog Devices has a beta of 1.02, indicating that its share price is 2% more volatile than the S&P 500. Comparatively, Novanta has a beta of 1.45, indicating that its share price is 45% more volatile than the S&P 500.

Summary

Analog Devices beats Novanta on 11 of the 17 factors compared between the two stocks.