Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Novanta: The Solution To Elevated Expectations Is Lower Prices [Seeking Alpha]

Novanta Inc. - Common Shares (NOVT) 
Last novanta inc. - common shares earnings: 2/26 06:59 am Check Earnings Report
US:NASDAQ Investor Relations: investors.novanta.com
Company Research Source: Seeking Alpha
Despite a strong track record and niche positioning, Novanta trades at a demanding 30x earnings multiple, currently posting quite flattish growth. Recent results show minimal sales and earnings growth, while NOVT leverage is set to rise due to a $200 million buyback program. I remain on the sidelines, seeking a lower entry point and a higher earnings yield to justify NOVT stock's premium and ensure a margin of safety. Looking for a helping hand in the market? Members of Value In Corporate Events get exclusive ideas and guidance to navigate any climate. Learn More » Luis Alvarez/DigitalVision via Getty Images Early in April, I called Novanta Inc. ( NASDAQ: NOVT ) a trusted, yet premium technology partner. The company claims to be a crucial technology partner to OEMs and while it has a sound track record, growth in More on my IG service If you like to see more ideas, please subscribe to the premium service "Value in Corporate Events" here and try the free trial. In this s Show less Read more
Impact Snapshot
Event Time:
NOVT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for NOVT alerts
Opt-in for
NOVT alerts

from News Quantified
Opt-in for
NOVT alerts

from News Quantified