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Stock impact report

Novanta (NOVT) Valuation After Earnings-Led Selloff and Profitability Concerns [Yahoo! Finance]

Novanta Inc. - Tangible Equity Units (NOVTU) 
Company Research Source: Yahoo! Finance
See our latest analysis for Novanta. The latest 11 percent post earnings drop sits awkwardly alongside a strong 30 day share price return of 12.77 percent and a 90 day share price gain of 19.32 percent. However, the 1 year total shareholder return of negative 21.17 percent shows longer term momentum has been fading rather than building. If this earnings wobble has you rethinking your exposure to mid cap tech and automation names, it might be a good time to scan other precision focused and medical technology players through our healthcare stocks With shares still trading well below analyst targets despite lackluster near term execution, the key question now is simple: does Novanta offer mispriced long term growth, or is the market correctly discounting its future potential? With Novanta last closing at $122.63 against a narrative fair value of $154, the current pullback is framed as a potential long term opportunity rather than a structural reset. Analysts expect earnings to Show less Read more
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