NOVT: Novanta Inc. - Summary | Jitta

Novanta Inc.

NASDAQ:NOVT

Price
$159.19
Loss Chance
47.5%
5.14JITTA SCORE
297.46%Over Jitta Line
Jitta Ranking
2,170 / 4,226
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (52)
Recent Business Performance (35)
Financial Strength (83)
Return to Shareholders (39)
Competitive Advantage (54)
Jitta Signs
Recent Business PerformanceEarning Growth Last Quarter (YoY)
Debt LevelLow Long Term Debt
CapExVery Low
Interest Coverage RatioVery Good
Revenue and EarningEarning decline from 2022-2025
Operating MarginDeclined
SG&A to SalesIncreasing
Key Stats
Jitta Score
Jitta Line
5.14
297.46%
Electronic Equipment and Instruments
5.67
235.33%
3.87
40.55%
6.19
30.82%
COMPANY DESCRIPTION
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.