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Novanta Inc

Darwin Score-7
TickerNOVT
Latest Price133.33 USD as of close on 03-Jul-2025
3 Month price range102.65 to 133.33 USD
Market Capitalisation4.78Bn USD
CountryUnited States of America
RegionNorth America
Economic SectorInformation Technology
Business SectorTechnology Hardware & Equipment
IndustryElectronic Equipment, Instruments & Components
Sub-IndustryElectronic Equipment & Instruments
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. It operates in two segments, Automation Enabling Technologies and Medical Solutions. The Precision Medicine and Manufacturing segment designs, manufactures, and markets laser beam delivery components, laser beam delivery solutions, CO2 lasers, solid state lasers, ultrafast lasers, optical and inductive encoders, precision motors, integrated stepper motors, servo drives, motion control solutions, intelligent robotic end-of-arm technology solutions, and air 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; laser beam delivery solutions; video processing, streaming, and capture; machine vision technologies; radio frequency identification (RFID) technologies; barcode identification technologies; thermal chart recorders; light and color measurement technologies; touch panel displays; and advanced motion control solutions. The company sells its products through its direct sales force and distributors under the Cambridge Technology, Synrad, Laser Quantum, ARGES, WOM, NDS, Med X Change, Reach Technology, JADAK, ThingMagic, Photo Research, General Scanning, ATI Industrial Automation, Celera Motion, IMS, MicroE, Applimotion, Zettlex, Ingenia, and Westwind brands. 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 headquartered in Bedford, Massachusetts.
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Company URLhttps://www.novanta.com
See Darwins Full Analysis for Novanta Inc

Tell Me About

Tell Me About (TMA) is Darwins structured scoring system for assets. Here are the scores from the key TMA sections for Novanta Inc. Further information and full detail is available when you login.

TMA PartFocus of AnalysisTMA Score
PriceAnalysis of performance, trend, RSI, OBV and moving averages+6
SentimentNews and Candle Patterns. 0
FundamentalsAnalyst Ratings, Valuation and Dividend analysis.-4
FlowInstitutional, Fund and Insider buying and selling.-11
ModelsForecast models.+2

Peer Comparison

There are 6 peers of Novanta Inc.
Asset NameIndustry GroupPerf(20d)%Asset Score
Cognex Corp (CGNX)Electronic Equipment & Instruments+9.1-8
Itron Inc (ITRI)Electronic Equipment & Instruments+13.5+19
OSI Systems Inc (OSIS)Electronic Equipment & Instruments+4.0+18
Ouster Inc (OUST)Electronic Equipment & Instruments+62.7+10
Trimble Inc (TRMB)Electronic Equipment & Instruments+10.1+24
Zebra Technologies Corp (ZBRA)Electronic Equipment & Instruments+11.2+13

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