A new trading day began on Friday, with Novanta Inc (NASDAQ: NOVT) stock price up 1.04% from the previous day of trading, before settling in for the closing price of $133.18. NOVT’s price has ranged from $98.27 to $154.16 over the past 52 weeks.
A company in the Technology sector has jumped its sales by 8.80% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 5.95%. With a float of $35.46 million, this company’s outstanding shares have now reached $35.85 million.
Novanta Inc (NOVT) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Scientific & Technical Instruments Industry. The insider ownership of Novanta Inc is 0.89%, while institutional ownership is 100.96%. The most recent insider transaction that took place on Jan 09 ’26, was worth 803,010. In this transaction Chief Executive Officer of this company sold 6,177 shares at a rate of $130.00, taking the stock ownership to the 78,867 shares. Before that another transaction happened on Jan 08 ’26, when Company’s Chief Executive Officer sold 323 for $130.14, making the entire transaction worth $42,035. This insider now owns 85,044 shares in total.
Novanta Inc (NOVT) Latest Financial update
In its latest quarterly report, released on 12/31/2024, the company reported earnings of 0.76 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.85 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 5.95% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.00% during the next five years compared to 8.80% growth over the previous five years of trading.
Novanta Inc (NASDAQ: NOVT) Trading Performance Indicators
Here are Novanta Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.54. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.01. Likewise, its price to free cash flow for the trailing twelve months is 43.92.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.46, a number that is poised to hit 0.89 in the next quarter and is forecasted to reach 3.65 in one year’s time.
