Company Profile
Novanta Inc., together with its subsidiaries, provides precision medicine, precision manufacturing, medical solutions, robotics and automation solutions, and advanced surgery solutions in the United States and internationally. The company operates Automation Enabling Technologies and Medical Solutions segments. The Precision Medicine and Manufacturing segment designs, manufactures, and markets laser beam steering and scanning solutions, laser sources, robotic and precision motion, robotic end-of-arm tooling, and bearing spindles. This segment serves advanced industrial processes, advanced industrial and medical robotics, other medical and life science automation applications, and medical laser procedures, such as ophthalmology applications. The Medical Solutions segment provides a range of medical grade technologies, including medical insufflators, pumps, and related disposables; imaging, identification and RFID solutions; advanced motion control solutions; and light engines, and integrated operating room technologies. The company was formerly known as GSI Group, Inc. and changed its name to Novanta Inc. in May 2016. Novanta Inc. was incorporated in 1968 and is based in Bedford, Massachusetts.
Latest News
3 Reasons to Avoid NOVT and 1 Stock to Buy Instead
3 Russell 2000 Stocks We Find Risky
Novanta Inc. Announces Schedule of Second Quarter 2026 Earnings Release and Conference Call
Novanta (NOVT) Upgraded to Buy: What Does It Mean for the Stock?
2 High-Flying Stocks Worth Investigating and 1 We Avoid
| Sector | Technology |
| Industry | Scientific & Technical Instruments |
| Website | https://www.novanta.com |
| Audit Risk | 2 |
| Board Risk | 4 |
| Overall Risk | 2 |
| Market Cap | 5.04B |
| Trailing P/E | 101.83 |
| Forward P/E | 34.16 |
| Trailing Annual Div. Rate | 0 |
| Trailing Annual Div. Yield | 0.00% |
| Trailing EPS | 1.39 |
| Forward EPS | 4.14 |
| Book Value | 36.82 |
| Price-to-Book | 3.84 |
| Enterprise-to-Revenue | 4.92 |
| Enterprise-to-EBITDA | 27.64 |
| Short Ratio | 8.73 |
| Earnings Date | 08/05/2026 |
| Earnings Call Date | 08/06/2026 |
| Earnings Average | 0.83 |
| Earnings Low | 0.82 |
| Earnings High | 0.84 |
| Revenue Average | 262.30M |
| Revenue Low | 261.00M |
| Revenue High | 263.84M |