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NOVT (Novanta) Stock Analysis
Buy, Hold or Sell?

Let's analyze Novanta together

I guess you are interested in Novanta Inc. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • πŸ“Š Fundamental Analysis (FA) – Novanta’s Financial Insights
  • πŸ“ˆ Technical Analysis (TA) – Novanta’s Price Targets

I'm going to help you getting a better view of Novanta Inc. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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1. Quick Overview

1.1. Quick analysis of Novanta (30 sec.)










1.2. What can you expect buying and holding a share of Novanta? (30 sec.)

How much money do you get?

How much money do you get?
$0.00
When do you have the money?
1 year
How often do you get paid?
2.5%

What is your share worth?

Current worth
$21.31
Expected worth in 1 year
$23.74
How sure are you?
90.0%

+ What do you gain per year?

Total Gains per Share
$2.44
Return On Investment
1.9%

For what price can you sell your share?

Current Price per Share
$130.82
Expected price per share
$98.76 - $151.90
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Novanta (5 min.)




Live pricePrice per Share (EOD)
$130.82
Intrinsic Value Per Share
$24.89 - $61.18
Total Value Per Share
$46.19 - $82.48

2.2. Growth of Novanta (5 min.)




Is Novanta growing?

Current yearPrevious yearGrowGrow %
How rich?$769.7m$656.5m$83.3m11.3%

How much money is Novanta making?

Current yearPrevious yearGrowGrow %
Making money$17.6m$17.3m$332.5k1.9%
Net Profit Margin7.4%7.7%--

How much money comes from the company's main activities?

2.3. Financial Health of Novanta (5 min.)




2.4. Comparing to competitors in the Scientific & Technical Instruments industry (5 min.)




  Industry Rankings (Scientific & Technical Instruments)  


Richest
#18 / 149

Most Revenue
#17 / 149

Most Profit
#23 / 149
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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Novanta?

Welcome investor! Novanta's management wants to use your money to grow the business. In return you get a share of Novanta.

First you should know what it really means to hold a share of Novanta. And how you can make/lose money.

Speculation

The Price per Share of Novanta is $130.82. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Novanta.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Novanta, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $21.31. Based on the TTM, the Book Value Change Per Share is $0.61 per quarter. Based on the YOY, the Book Value Change Per Share is $0.56 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Novanta.

How much money are you going to get?

 MRQTTMYOY3Y5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps0.590.4%0.490.4%0.480.4%0.490.4%0.440.3%0.370.3%
Usd Book Value Change Per Share0.680.5%0.610.5%0.560.4%0.540.4%0.490.4%0.390.3%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.680.5%0.610.5%0.560.4%0.540.4%0.490.4%0.390.3%
Usd Price Per Share127.87-155.67-167.68-152.11-144.77-95.89-
Price to Earnings Ratio54.46-82.38-92.30-80.49-87.06-65.59-
Price-to-Total Gains Ratio189.12-602.04-413.34-264.00--71.27-38.96-
Price to Book Ratio6.00-7.63-9.22-8.44-9.01-6.88-
Price-to-Total Gains Ratio189.12-602.04-413.34-264.00--71.27-38.96-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share130.82
Number of shares7
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.610.49
Usd Total Gains Per Share0.610.49
Gains per Quarter (7 shares)4.263.44
Gains per Year (7 shares)17.0513.75
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
101770144
20342402718
30514104132
40685805546
50857506960
601029208274
7011910909688
801361260110102
901531430124116
1001701600137130

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%40.00.00.0100.0%84.021.00.080.0%
Book Value Change Per Share4.00.00.0100.0%11.01.00.091.7%18.02.00.090.0%36.04.00.090.0%75.030.00.071.4%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.020.00.0%1.00.039.02.5%1.00.0104.01.0%
Total Gains per Share4.00.00.0100.0%11.01.00.091.7%18.02.00.090.0%36.04.00.090.0%75.030.00.071.4%
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3.2. Key Performance Indicators

The key performance indicators of Novanta Inc compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-3Y+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.6760.609+11%0.564+20%0.537+26%0.491+38%0.386+75%
Book Value Per Share--21.30520.482+4%18.204+17%18.106+18%16.264+31%12.692+68%
Current Ratio--2.5602.676-4%2.923-12%2.699-5%2.548+0%2.737-6%
Debt To Asset Ratio--0.4440.471-6%0.480-7%0.497-10%0.499-11%0.481-8%
Debt To Equity Ratio--0.8000.891-10%0.928-14%0.997-20%1.014-21%0.966-17%
Dividend Per Share----0%-0%-0%-0%0.001-100%
Enterprise Value--4110287100.0005068226965.000-19%5529230337.500-26%4938987921.333-17%4729120556.800-13%3100726273.100+33%
Eps--0.5870.489+20%0.480+22%0.493+19%0.437+34%0.369+59%
Ev To Ebitda Ratio--23.60729.035-19%34.061-31%29.593-20%32.909-28%23.858-1%
Ev To Sales Ratio--4.4035.317-17%6.190-29%5.442-19%5.887-25%4.244+4%
Free Cash Flow Per Share--0.7580.979-23%0.821-8%0.768-1%0.730+4%0.541+40%
Free Cash Flow To Equity Per Share---0.4240.019-2292%1.389-131%0.491-186%0.723-159%0.545-178%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--61.179----------
Intrinsic Value_10Y_min--24.889----------
Intrinsic Value_1Y_max--3.518----------
Intrinsic Value_1Y_min--2.233----------
Intrinsic Value_3Y_max--12.562----------
Intrinsic Value_3Y_min--6.976----------
Intrinsic Value_5Y_max--24.006----------
Intrinsic Value_5Y_min--11.973----------
Market Cap4705700056.000+2%4619943100.0005623359965.000-18%6047161337.500-24%5485224004.667-16%5215752056.800-11%3453288748.100+34%
Net Profit Margin--0.0910.074+22%0.077+17%0.078+16%0.077+18%0.082+11%
Operating Margin--0.1280.124+3%0.131-2%0.1290%0.121+6%0.118+8%
Operating Ratio--0.8610.877-2%0.871-1%0.874-1%0.879-2%0.882-2%
Pb Ratio6.140+2%6.0027.626-21%9.223-35%8.442-29%9.008-33%6.878-13%
Pe Ratio55.716+2%54.46082.379-34%92.301-41%80.489-32%87.055-37%65.590-17%
Price Per Share130.820+2%127.870155.668-18%167.680-24%152.106-16%144.769-12%95.887+33%
Price To Free Cash Flow Ratio43.125+2%42.15347.536-11%53.717-22%66.793-37%74.583-43%60.187-30%
Price To Total Gains Ratio193.486+2%189.122602.037-69%413.342-54%263.995-28%-71.266+138%38.959+385%
Quick Ratio--1.6281.621+0%1.673-3%1.567+4%1.527+7%1.668-2%
Return On Assets--0.0150.013+21%0.014+11%0.014+11%0.013+14%0.016-3%
Return On Equity--0.0280.024+16%0.027+4%0.028-1%0.027+2%0.031-11%
Total Gains Per Share--0.6760.609+11%0.564+20%0.537+26%0.491+38%0.387+75%
Usd Book Value--769755000.000739910000.000+4%656515250.000+17%652972916.667+18%586045750.000+31%457054350.000+68%
Usd Book Value Change Per Share--0.6760.609+11%0.564+20%0.537+26%0.491+38%0.386+75%
Usd Book Value Per Share--21.30520.482+4%18.204+17%18.106+18%16.264+31%12.692+68%
Usd Dividend Per Share----0%-0%-0%-0%0.001-100%
Usd Enterprise Value--4110287100.0005068226965.000-19%5529230337.500-26%4938987921.333-17%4729120556.800-13%3100726273.100+33%
Usd Eps--0.5870.489+20%0.480+22%0.493+19%0.437+34%0.369+59%
Usd Free Cash Flow--27400000.00035369975.000-23%29615046.000-7%27690308.250-1%26312534.950+4%19473667.475+41%
Usd Free Cash Flow Per Share--0.7580.979-23%0.821-8%0.768-1%0.730+4%0.541+40%
Usd Free Cash Flow To Equity Per Share---0.4240.019-2292%1.389-131%0.491-186%0.723-159%0.545-178%
Usd Market Cap4705700056.000+2%4619943100.0005623359965.000-18%6047161337.500-24%5485224004.667-16%5215752056.800-11%3453288748.100+34%
Usd Price Per Share130.820+2%127.870155.668-18%167.680-24%152.106-16%144.769-12%95.887+33%
Usd Profit--21208000.00017654750.000+20%17322250.000+22%17783666.667+19%15756450.000+35%13279525.000+60%
Usd Revenue--233366000.000237923750.000-2%223363000.000+4%226746666.667+3%203356200.000+15%166201500.000+40%
Usd Total Gains Per Share--0.6760.609+11%0.564+20%0.537+26%0.491+38%0.387+75%
 EOD+4 -4MRQTTM+22 -15YOY+21 -163Y+21 -165Y+28 -910Y+29 -10

3.3 Fundamental Score

Let's check the fundamental score of Novanta Inc based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1555.716
Price to Book Ratio (EOD)Between0-16.140
Net Profit Margin (MRQ)Greater than00.091
Operating Margin (MRQ)Greater than00.128
Quick Ratio (MRQ)Greater than11.628
Current Ratio (MRQ)Greater than12.560
Debt to Asset Ratio (MRQ)Less than10.444
Debt to Equity Ratio (MRQ)Less than10.800
Return on Equity (MRQ)Greater than0.150.028
Return on Assets (MRQ)Greater than0.050.015
Total6/10 (60.0%)

3.4 Technical Score

Let's check the technical score of Novanta Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5060.407
Ma 20Greater thanMa 50126.085
Ma 50Greater thanMa 100123.894
Ma 100Greater thanMa 200128.726
OpenGreater thanClose128.160
Total2/5 (40.0%)

4. In-depth Analysis

4.1 About Novanta Inc

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.

Fundamental data was last updated by Penke on 2025-06-19 13:35:05.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is overpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is fair priced.
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4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profitΒ Novanta earns for each $1 of revenue.

  • Above 10% is considered healthy but always compareΒ Novanta to theΒ Scientific & Technical Instruments industry mean.
  • A Net Profit Margin of 9.1%Β means thatΒ $0.09 for each $1Β in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Novanta Inc:

  • The MRQ is 9.1%. The company is making a profit. +1
  • The TTM is 7.4%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ9.1%TTM7.4%+1.7%
TTM7.4%YOY7.7%-0.3%
TTM7.4%5Y7.7%-0.3%
5Y7.7%10Y8.2%-0.5%
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ9.1%1.7%+7.4%
TTM7.4%3.6%+3.8%
YOY7.7%3.7%+4.0%
3Y7.8%3.8%+4.0%
5Y7.7%4.2%+3.5%
10Y8.2%5.1%+3.1%
4.3.1.2. Return on Assets

Shows howΒ efficientΒ Novanta is using its assets to generate profit.

  • Above 5% is considered healthyΒ but always compareΒ Novanta to theΒ Scientific & Technical Instruments industry mean.
  • 1.5% Return on Assets means thatΒ Novanta generatedΒ $0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Novanta Inc:

  • The MRQ is 1.5%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.3%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.5%TTM1.3%+0.3%
TTM1.3%YOY1.4%-0.1%
TTM1.3%5Y1.3%-0.1%
5Y1.3%10Y1.6%-0.2%
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5%0.2%+1.3%
TTM1.3%0.5%+0.8%
YOY1.4%0.6%+0.8%
3Y1.4%0.6%+0.8%
5Y1.3%0.9%+0.4%
10Y1.6%1.1%+0.5%
4.3.1.3. Return on Equity

Shows how efficient Novanta is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compareΒ Novanta to theΒ Scientific & Technical Instruments industry mean.
  • 2.8% Return on Equity means Novanta generated $0.03Β for eachΒ $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Novanta Inc:

  • The MRQ is 2.8%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 2.4%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ2.8%TTM2.4%+0.4%
TTM2.4%YOY2.7%-0.3%
TTM2.4%5Y2.7%-0.3%
5Y2.7%10Y3.1%-0.4%
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ2.8%0.4%+2.4%
TTM2.4%0.9%+1.5%
YOY2.7%1.2%+1.5%
3Y2.8%1.2%+1.6%
5Y2.7%1.6%+1.1%
10Y3.1%1.7%+1.4%
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4.3.2. Operating Efficiency of Novanta Inc.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

MeasuresΒ how efficient Novanta is operatingΒ .

  • Measures how much profit Novanta makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compareΒ Novanta to theΒ Scientific & Technical Instruments industry mean.
  • An Operating Margin of 12.8%Β means the company generated $0.13 Β for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Novanta Inc:

  • The MRQ is 12.8%. The company is operating less efficient.
  • The TTM is 12.4%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ12.8%TTM12.4%+0.4%
TTM12.4%YOY13.1%-0.7%
TTM12.4%5Y12.1%+0.3%
5Y12.1%10Y11.8%+0.3%
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ12.8%0.1%+12.7%
TTM12.4%3.4%+9.0%
YOY13.1%2.3%+10.8%
3Y12.9%2.4%+10.5%
5Y12.1%4.5%+7.6%
10Y11.8%4.8%+7.0%
4.3.2.2. Operating Ratio

Measures how efficient Novanta is keepingΒ operating costsΒ low.

  • Below 1 is considered healthy (always compare toΒ Scientific & Technical Instruments industry mean).
  • An Operation Ratio of 0.86 means that the operating costs are $0.86 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Novanta Inc:

  • The MRQ is 0.861. The company is less efficient in keeping operating costs low.
  • The TTM is 0.877. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.861TTM0.877-0.016
TTM0.877YOY0.871+0.005
TTM0.8775Y0.879-0.003
5Y0.87910Y0.882-0.003
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8611.456-0.595
TTM0.8771.414-0.537
YOY0.8711.304-0.433
3Y0.8741.325-0.451
5Y0.8791.297-0.418
10Y0.8821.186-0.304
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4.4.3. Liquidity of Novanta Inc.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Novanta is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare toΒ Scientific & Technical Instruments industry mean).
  • A Current Ratio of 2.56Β means the company has $2.56 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Novanta Inc:

  • The MRQ is 2.560. The company is able to pay all its short-term debts. +1
  • The TTM is 2.676. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.560TTM2.676-0.116
TTM2.676YOY2.923-0.247
TTM2.6765Y2.548+0.127
5Y2.54810Y2.737-0.188
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ2.5602.308+0.252
TTM2.6762.334+0.342
YOY2.9232.568+0.355
3Y2.6992.645+0.054
5Y2.5482.648-0.100
10Y2.7372.722+0.015
4.4.3.2. Quick Ratio

Measures if Novanta is able to pay off Short-term Debt but only usingΒ theΒ most liquid assets.

  • Above 1 is considered healthy butΒ always compareΒ Novanta to theΒ Scientific & Technical Instruments industry mean.
  • A Quick Ratio of 1.63Β means the company can pay off $1.63 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Novanta Inc:

  • The MRQ is 1.628. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 1.621. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ1.628TTM1.621+0.007
TTM1.621YOY1.673-0.052
TTM1.6215Y1.527+0.094
5Y1.52710Y1.668-0.142
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6280.958+0.670
TTM1.6211.116+0.505
YOY1.6731.337+0.336
3Y1.5671.310+0.257
5Y1.5271.433+0.094
10Y1.6681.639+0.029
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4.5.4. Solvency of Novanta Inc.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much %Β of NovantaΒ assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compareΒ Novanta to Scientific & Technical Instruments industry mean.
  • A Debt to Asset Ratio of 0.44Β means that Novanta assets areΒ financed with 44.4% credit (debt) and the remaining percentage (100% - 44.4%)Β is financed by its owners/shareholders.Β 

Let's take a look of the Debt to Asset Ratio trends of Novanta Inc:

  • The MRQ is 0.444. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.471. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.444TTM0.471-0.026
TTM0.471YOY0.480-0.009
TTM0.4715Y0.499-0.028
5Y0.49910Y0.481+0.017
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4440.348+0.096
TTM0.4710.357+0.114
YOY0.4800.346+0.134
3Y0.4970.352+0.145
5Y0.4990.339+0.160
10Y0.4810.336+0.145
4.5.4.2. Debt to Equity Ratio

Measures ifΒ Novanta is able toΒ pay off its debts by usingΒ shareholders equity.

  • Below 2 is considered healthy butΒ always compareΒ Novanta to theΒ Scientific & Technical Instruments industry mean.
  • A Debt to Equity ratio of 80.0% means that company has $0.80 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Novanta Inc:

  • The MRQ is 0.800. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.891. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.800TTM0.891-0.092
TTM0.891YOY0.928-0.036
TTM0.8915Y1.014-0.122
5Y1.01410Y0.966+0.048
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8000.513+0.287
TTM0.8910.565+0.326
YOY0.9280.523+0.405
3Y0.9970.530+0.467
5Y1.0140.508+0.506
10Y0.9660.515+0.451
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

MeasuresΒ how much money you payΒ for each share forΒ every $1 in earnings Novanta generates.

  • Above 15 is considered overpriced butΒ always compareΒ Novanta to theΒ Scientific & Technical Instruments industry mean.
  • A PE ratio of 54.46 means the investor is paying $54.46Β for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Novanta Inc:

  • The EOD is 55.716. Based on the earnings, the company is expensive. -2
  • The MRQ is 54.460. Based on the earnings, the company is expensive. -2
  • The TTM is 82.379. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD55.716MRQ54.460+1.256
MRQ54.460TTM82.379-27.919
TTM82.379YOY92.301-9.922
TTM82.3795Y87.055-4.676
5Y87.05510Y65.590+21.465
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
EOD55.71616.509+39.207
MRQ54.46015.166+39.294
TTM82.37914.960+67.419
YOY92.30119.030+73.271
3Y80.48914.436+66.053
5Y87.05515.723+71.332
10Y65.59027.393+38.197
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Novanta Inc:

  • The EOD is 43.125. Based on how much money comes from the company's main activities, the company is fair priced.
  • The MRQ is 42.153. Based on how much money comes from the company's main activities, the company is fair priced.
  • The TTM is 47.536. Based on how much money comes from the company's main activities, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD43.125MRQ42.153+0.972
MRQ42.153TTM47.536-5.383
TTM47.536YOY53.717-6.181
TTM47.5365Y74.583-27.047
5Y74.58310Y60.187+14.395
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
EOD43.125-0.442+43.567
MRQ42.153-1.164+43.317
TTM47.5367.018+40.518
YOY53.7170.894+52.823
3Y66.7930.144+66.649
5Y74.5830.355+74.228
10Y60.1872.937+57.250
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price ofΒ Novanta is to cheap or to expensiveΒ compared to its book value.

  • At or below 1 is considered healthyΒ (always compare to Scientific & Technical Instruments industry mean).
  • A PB ratio of 6.00 means the investor is paying $6.00Β for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Novanta Inc:

  • The EOD is 6.140. Based on the equity, the company is overpriced. -1
  • The MRQ is 6.002. Based on the equity, the company is overpriced. -1
  • The TTM is 7.626. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD6.140MRQ6.002+0.138
MRQ6.002TTM7.626-1.624
TTM7.626YOY9.223-1.597
TTM7.6265Y9.008-1.382
5Y9.00810Y6.878+2.131
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
EOD6.1403.135+3.005
MRQ6.0022.746+3.256
TTM7.6262.623+5.003
YOY9.2232.769+6.454
3Y8.4422.771+5.671
5Y9.0083.193+5.815
10Y6.8783.875+3.003
4.6.2. Total Gains per Share

4.7 Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Novanta Inc.

4.8.1. Institutions holding Novanta Inc

Institutions are holding 103.165% of the shares of Novanta Inc.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2025-03-31BlackRock Inc12.58920.01224528441-50624-1.1056
2025-03-31Vanguard Group Inc11.37770.00954092650-31178-0.756
2025-03-31T. Rowe Price Associates, Inc.5.09250.02891831820-76021-3.9847
2025-03-31Conestoga Capital Advisors, LLC3.79542.6331365252172201.2774
2025-03-31State Street Corp3.7330.0071134279552190.3902
2024-12-31AllianceBernstein L.P.2.79360.05211004879588646.2223
2025-03-31Wasatch Advisors LP2.76630.7099995044-1788-0.1794
2025-03-31Geneva Capital Management2.59662.2308934035813979.5465
2025-03-31William Blair Investment Management, LLC2.58230.3334928888-46953-4.8115
2025-03-31Geode Capital Management, LLC2.52110.0091906877334533.8301
2025-03-31Macquarie Group Ltd2.39860.1441862794281453.3721
2025-03-31Capital Research & Mgmt Co - Division 32.10.01975539500
2025-03-31Allspring Global Investments Holdings, LLC2.09620.1667754007-39352-4.9602
2025-03-31JPMorgan Chase & Co1.98530.0067714142570058.6748
2025-03-31T. Rowe Price Investment Management,Inc.1.92680.0586693090129211.8997
2025-03-31Champlain Investment Partners, LLC1.65740.552259619018684845.6459
2025-03-31Dimensional Fund Advisors, Inc.1.5970.0183574446-65395-10.2205
2025-03-31Neuberger Berman Group LLC1.4890.0574535595-205278-27.7076
2025-03-31Wellington Management Company LLP1.34890.011948519692431.942
2025-03-31Morgan Stanley - Brokerage Accounts1.30180.004346825913292239.6383
Total 67.74877.065224369795+106648+0.4%

4.9.2. Funds holding Novanta Inc

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2025-05-31iShares Core S&P Mid-Cap ETF3.24390.1574116684400
2025-04-30Vanguard Total Stock Mkt Idx Inv3.21250.0081155571174541.5336
2025-03-31T. Rowe Price New Horizons2.80510.80121009006-46637-4.4179
2025-03-31US Small-Cap Growth II Equity Comp2.80510.80121009006-46942-4.4455
2025-04-30Vanguard Small Cap Index2.50980.076590279153000.5905
2025-05-31iShares Russell 2000 ETF2.4990.180889890100
2025-04-30Conestoga Small Cap Investors2.35762.8429848065499006.2518
2025-03-31American Funds SMALLCAP World A2.10.140775539500
2025-04-30Macquarie Mid Cap Growth A1.6511.487559386200
2025-03-31Wasatch Core Growth1.5991.712157518800
2025-04-30Vanguard Information Technology ETF1.57170.074456535243800.7808
2025-04-30Vanguard Institutional Extnd Mkt Idx Tr1.54310.064855505727730.5021
2025-04-30Vanguard Small Cap Growth Index Inv1.39730.1789502627-700-0.1391
2025-05-31Champlain Small Company Fund, LLC1.23811.5698445338-32214-6.7457
2025-04-30JPMorgan Small Cap Equity A1.11521.3083401145129633.3394
2025-03-31JPM US Small Cap Core-Composite1.07921.2749388182261217.2145
2025-03-31JPM Small Cap Equity-MA1.07921.2749388182261217.2145
2025-03-31Fidelity Small Cap Index0.9960.189535828723770.6679
2025-03-31Neuberger Berman Genesis Inv0.93730.4726337169-133739-28.4002
2025-03-31Conestoga Small Cap Growth0.92572.6577332984217436.9859
Total 36.665817.274113188952-91100-0.7%

5.3. Insider Transactions

Insiders are holding 0.859% of the shares of Novanta Inc.

DateOwnerTypeAmountPricePost Transaction AmountLink
2024-11-11Matthijs GlastraSELL7500179.7
2024-10-01Robert BuckleySELL3660174.01
2024-09-27Robert BuckleySELL1111180.45
2024-09-03Robert BuckleySELL4379176.2
2024-08-01Robert BuckleySELL4108172.75
2024-07-16Robert BuckleySELL1830180.18
2024-07-12Robert BuckleySELL1830170.19
2024-07-01Matthijs GlastraSELL1086160.84
2024-07-01Robert BuckleySELL1830161.09
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5. Financial Statements




5.1. Latest Balance Sheet

Balance Sheet of 2025-03-31. Currency in USD. All numbers in thousands.

Summary
Total Assets1,385,456
Total Liabilities615,701
Total Stockholder Equity769,755
 As reported
Total Liabilities 615,701
Total Stockholder Equity+ 769,755
Total Assets = 1,385,456

Assets

Total Assets1,385,456
Total Current Assets434,138
Long-term Assets951,318
Total Current Assets
Cash And Cash Equivalents 106,045
Net Receivables 170,031
Inventory 145,435
Other Current Assets 12,627
Total Current Assets  (as reported)434,138
Total Current Assets  (calculated)434,138
+/-0
Long-term Assets
Property Plant Equipment 153,835
Goodwill 589,054
Intangible Assets 177,724
Long-term Assets Other 5,701
Long-term Assets  (as reported)951,318
Long-term Assets  (calculated)926,314
+/- 25,004

Liabilities & Shareholders' Equity

Total Current Liabilities169,590
Long-term Liabilities446,111
Total Stockholder Equity769,755
Total Current Liabilities
Short-term Debt 25,538
Short Long Term Debt 4,852
Accounts payable 82,513
Other Current Liabilities 47,347
Total Current Liabilities  (as reported)169,590
Total Current Liabilities  (calculated)160,250
+/- 9,340
Long-term Liabilities
Long term Debt 385,279
Capital Lease Obligations 52,400
Long-term Liabilities Other 1,279
Long-term Liabilities  (as reported)446,111
Long-term Liabilities  (calculated)438,958
+/- 7,153
Total Stockholder Equity
Common Stock423,856
Retained Earnings 288,757
Accumulated Other Comprehensive Income -21,346
Other Stockholders Equity 78,488
Total Stockholder Equity (as reported)769,755
Total Stockholder Equity (calculated)769,755
+/-0
Other
Capital Stock423,856
Cash and Short Term Investments 106,045
Common Stock Shares Outstanding 36,130
Current Deferred Revenue8,173
Liabilities and Stockholders Equity 1,385,456
Net Debt 336,486
Net Invested Capital 1,159,886
Net Working Capital 264,548
Property Plant and Equipment Gross 153,835
Short Long Term Debt Total 442,531



5.2. Balance Sheets Structured

Currency in USD. All numbers in thousands.

 Trend2025-03-312024-12-312024-09-302024-06-302024-03-312023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-312004-09-302004-06-302004-03-312003-12-312003-09-302003-06-302003-03-312002-12-312002-09-302002-06-302002-03-312001-12-312001-09-302001-06-302001-03-312000-12-312000-09-302000-06-302000-03-311999-12-311999-09-301999-06-301999-03-31
> Total Assets 
277,200
280,200
279,100
289,700
292,148
368,545
385,581
431,184
397,567
384,369
357,428
336,687
330,251
326,890
313,692
297,088
295,587
294,036
299,035
308,596
330,234
357,500
373,140
386,164
374,148
367,046
368,598
373,444
389,169
408,035
414,169
411,405
417,449
436,309
443,815
440,210
441,736
444,691
785,400
520,317
478,500
462,200
452,200
436,701
520,317
422,800
395,145
367,167
373,282
384,014
353,255
348,503
341,256
345,899
341,827
337,460
400,318
390,029
377,908
378,807
453,984
465,789
450,539
397,620
415,068
432,428
425,900
416,045
416,531
413,885
416,737
425,637
535,266
549,613
722,308
726,703
733,748
741,761
759,436
719,576
752,660
783,373
857,960
869,736
841,968
861,027
857,534
865,179
852,254
877,945
1,210,237
1,227,883
1,206,164
1,205,843
1,207,531
1,241,212
1,225,815
1,232,722
1,194,277
1,226,056
1,410,592
1,398,574
1,418,823
1,388,511
1,385,456
1,385,4561,388,5111,418,8231,398,5741,410,5921,226,0561,194,2771,232,7221,225,8151,241,2121,207,5311,205,8431,206,1641,227,8831,210,237877,945852,254865,179857,534861,027841,968869,736857,960783,373752,660719,576759,436741,761733,748726,703722,308549,613535,266425,637416,737413,885416,531416,045425,900432,428415,068397,620450,539465,789453,984378,807377,908390,029400,318337,460341,827345,899341,256348,503353,255384,014373,282367,167395,145422,800520,317436,701452,200462,200478,500520,317785,400444,691441,736440,210443,815436,309417,449411,405414,169408,035389,169373,444368,598367,046374,148386,164373,140357,500330,234308,596299,035294,036295,587297,088313,692326,890330,251336,687357,428384,369397,567431,184385,581368,545292,148289,700279,100280,200277,200
   > Total Current Assets 
202,400
205,600
204,900
217,200
221,519
300,613
316,753
328,090
294,185
274,959
254,379
277,062
253,944
253,155
212,099
208,738
212,114
228,144
234,474
218,947
247,628
209,497
220,390
231,654
225,135
227,355
235,490
248,370
264,654
278,952
289,265
290,803
298,541
317,569
329,063
386,666
338,526
334,544
304,900
275,222
258,000
255,500
248,600
241,981
275,222
246,700
220,549
218,127
225,404
239,016
211,694
214,311
202,800
217,905
215,026
208,468
206,483
200,816
194,783
201,629
192,137
199,042
192,010
183,172
193,032
212,633
212,250
185,212
195,426
187,488
196,266
199,250
229,985
245,690
280,378
287,879
298,075
295,741
313,174
281,769
286,560
284,911
296,860
304,512
296,885
310,377
302,832
304,173
309,117
335,747
353,312
373,825
375,379
399,367
407,735
420,519
404,793
414,343
391,322
415,297
428,816
424,791
436,934
433,648
434,138
434,138433,648436,934424,791428,816415,297391,322414,343404,793420,519407,735399,367375,379373,825353,312335,747309,117304,173302,832310,377296,885304,512296,860284,911286,560281,769313,174295,741298,075287,879280,378245,690229,985199,250196,266187,488195,426185,212212,250212,633193,032183,172192,010199,042192,137201,629194,783200,816206,483208,468215,026217,905202,800214,311211,694239,016225,404218,127220,549246,700275,222241,981248,600255,500258,000275,222304,900334,544338,526386,666329,063317,569298,541290,803289,265278,952264,654248,370235,490227,355225,135231,654220,390209,497247,628218,947234,474228,144212,114208,738212,099253,155253,944277,062254,379274,959294,185328,090316,753300,613221,519217,200204,900205,600202,400
       Cash And Cash Equivalents 
37,400
38,100
26,700
25,300
24,514
71,675
66,770
113,858
80,021
77,169
87,894
102,959
96,215
95,487
69,264
83,633
97,478
85,750
74,049
64,035
91,997
53,192
63,220
82,334
74,360
64,014
84,170
69,286
86,385
115,339
130,994
138,315
147,436
152,293
161,745
171,714
170,652
183,271
52,100
69,001
53,600
61,000
53,200
63,328
69,001
87,400
53,938
56,781
61,337
73,999
50,655
54,835
50,358
55,758
52,863
65,788
36,337
52,058
53,690
60,980
31,741
45,007
53,549
51,146
47,542
81,051
80,089
59,959
67,892
60,497
64,739
68,108
80,014
89,126
92,149
100,057
111,127
107,261
111,814
82,043
74,074
66,093
61,405
78,944
73,701
97,494
106,630
125,054
113,562
133,853
102,395
117,393
98,805
100,489
84,580
100,105
82,676
91,330
75,961
105,051
93,520
98,468
92,690
113,989
106,045
106,045113,98992,69098,46893,520105,05175,96191,33082,676100,10584,580100,48998,805117,393102,395133,853113,562125,054106,63097,49473,70178,94461,40566,09374,07482,043111,814107,261111,127100,05792,14989,12680,01468,10864,73960,49767,89259,95980,08981,05147,54251,14653,54945,00731,74160,98053,69052,05836,33765,78852,86355,75850,35854,83550,65573,99961,33756,78153,93887,40069,00163,32853,20061,00053,60069,00152,100183,271170,652171,714161,745152,293147,436138,315130,994115,33986,38569,28684,17064,01474,36082,33463,22053,19291,99764,03574,04985,75097,47883,63369,26495,48796,215102,95987,89477,16980,021113,85866,77071,67524,51425,30026,70038,10037,400
       Short-term Investments 
0
0
5,300
7,300
7,300
21,297
31,508
20,020
28,133
32,726
20,005
43,541
37,336
44,088
31,976
28,999
17,077
33,066
54,186
39,562
20,577
17,954
10,974
2,995
7,959
14,256
9,283
26,757
22,463
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000000000000000000000000000000000000000000000000000000000000000022,46326,7579,28314,2567,9592,99510,97417,95420,57739,56254,18633,06617,07728,99931,97644,08837,33643,54120,00532,72628,13320,02031,50821,2977,3007,3005,30000
       Net Receivables 
57,100
63,300
69,300
80,400
81,296
86,277
93,024
83,398
73,629
65,154
54,562
49,143
42,938
36,683
38,957
42,224
47,532
52,057
52,005
57,879
64,267
59,720
63,191
62,601
57,006
62,597
53,031
57,865
67,564
67,211
64,732
60,301
66,509
77,213
82,106
93,421
85,758
71,539
101,600
80,532
63,800
63,900
66,800
71,229
80,532
77,600
80,316
77,030
77,048
80,323
78,520
61,554
73,963
66,668
71,009
42,652
73,905
71,853
62,735
48,552
61,314
57,028
56,673
51,494
53,360
54,379
56,050
57,188
58,683
57,587
66,292
63,769
70,073
69,112
83,008
81,482
76,915
76,747
88,921
83,955
89,437
88,831
98,666
91,078
89,556
88,360
82,050
75,054
90,060
90,078
112,080
115,617
123,759
129,808
144,633
137,697
141,472
144,837
143,086
139,410
150,911
145,025
164,502
159,102
170,031
170,031159,102164,502145,025150,911139,410143,086144,837141,472137,697144,633129,808123,759115,617112,08090,07890,06075,05482,05088,36089,55691,07898,66688,83189,43783,95588,92176,74776,91581,48283,00869,11270,07363,76966,29257,58758,68357,18856,05054,37953,36051,49456,67357,02861,31448,55262,73571,85373,90542,65271,00966,66873,96361,55478,52080,32377,04877,03080,31677,60080,53271,22966,80063,90063,80080,532101,60071,53985,75893,42182,10677,21366,50960,30164,73267,21167,56457,86553,03162,59757,00662,60163,19159,72064,26757,87952,00552,05747,53242,22438,95736,68342,93849,14354,56265,15473,62983,39893,02486,27781,29680,40069,30063,30057,100
       Inventory 
69,800
62,900
65,100
72,700
84,866
93,923
97,294
77,906
81,274
71,480
67,102
57,794
56,093
57,723
52,047
39,671
36,916
40,708
38,404
43,916
51,686
57,194
59,852
60,319
62,783
63,977
63,010
63,475
62,763
71,113
73,077
72,703
71,174
73,891
71,070
64,139
66,926
62,640
87,900
78,508
78,800
74,800
72,400
66,444
78,508
64,100
67,727
66,721
70,080
71,112
70,917
51,539
66,131
53,713
53,431
52,801
64,902
62,555
65,073
58,290
63,834
64,550
62,815
62,943
60,682
60,410
61,268
59,566
61,764
59,981
59,614
59,745
71,019
76,796
88,861
91,278
98,812
96,377
98,917
104,764
106,784
113,297
118,573
116,618
112,003
107,380
101,737
92,737
89,944
94,974
119,422
125,657
139,166
153,887
162,807
167,997
166,671
162,904
153,809
149,371
161,371
160,042
154,021
144,606
145,435
145,435144,606154,021160,042161,371149,371153,809162,904166,671167,997162,807153,887139,166125,657119,42294,97489,94492,737101,737107,380112,003116,618118,573113,297106,784104,76498,91796,37798,81291,27888,86176,79671,01959,74559,61459,98161,76459,56661,26860,41060,68262,94362,81564,55063,83458,29065,07362,55564,90252,80153,43153,71366,13151,53970,91771,11270,08066,72167,72764,10078,50866,44472,40074,80078,80078,50887,90062,64066,92664,13971,07073,89171,17472,70373,07771,11362,76363,47563,01063,97762,78360,31959,85257,19451,68643,91638,40440,70836,91639,67152,04757,72356,09357,79467,10271,48081,27477,90697,29493,92384,86672,70065,10062,90069,800
       Other Current Assets 
38,100
41,300
38,500
31,500
30,843
27,441
28,157
32,908
31,128
28,430
24,816
23,625
21,362
19,174
19,855
14,211
13,111
16,563
15,830
13,555
19,101
21,437
23,153
23,405
23,027
22,511
25,996
30,987
25,479
25,289
20,462
1,388
13,422
14,172
14,142
56,719
15,190
17,094
63,250
47,181
61,826
55,750
56,158
40,980
47,181
17,643
18,568
17,595
16,939
13,582
11,602
46,383
12,348
41,766
37,723
52,713
31,339
14,350
17,191
28,092
35,248
32,457
18,973
17,589
31,448
16,793
14,843
8,499
7,087
9,423
5,621
13,198
8,879
10,656
16,360
25,587
11,221
15,356
13,522
20,147
16,265
16,690
18,216
29,789
21,625
17,143
12,415
19,426
15,551
16,842
19,415
28,182
13,649
28,987
15,715
14,720
13,974
15,272
18,466
21,465
23,014
21,256
25,721
15,951
12,627
12,62715,95125,72121,25623,01421,46518,46615,27213,97414,72015,71528,98713,64928,18219,41516,84215,55119,42612,41517,14321,62529,78918,21616,69016,26520,14713,52215,35611,22125,58716,36010,6568,87913,1985,6219,4237,0878,49914,84316,79331,44817,58918,97332,45735,24828,09217,19114,35031,33952,71337,72341,76612,34846,38311,60213,58216,93917,59518,56817,64347,18140,98056,15855,75061,82647,18163,25017,09415,19056,71914,14214,17213,4221,38820,46225,28925,47930,98725,99622,51123,02723,40523,15321,43719,10113,55515,83016,56313,11114,21119,85519,17421,36223,62524,81628,43031,12832,90828,15727,44130,84331,50038,50041,30038,100
   > Long-term Assets 
74,800
74,600
74,200
72,500
70,629
67,932
68,828
103,094
103,382
109,410
103,049
59,625
76,307
73,735
101,593
88,350
83,473
65,892
64,561
89,649
82,606
148,003
152,750
154,510
149,013
139,691
133,108
125,074
124,515
129,083
124,904
120,602
118,908
118,740
114,752
101,563
103,210
110,147
0
0
0
0
0
0
245,095
0
174,596
149,040
147,878
144,998
141,561
141,682
138,456
127,994
126,801
128,992
193,835
189,213
183,125
179,005
261,847
266,747
258,529
213,122
222,036
219,795
213,650
230,833
221,105
226,397
220,471
226,387
305,281
303,923
441,930
438,824
435,673
446,020
446,262
437,807
466,100
498,462
561,100
565,224
545,083
550,650
554,702
561,006
543,137
542,198
856,925
854,058
830,785
806,476
799,796
820,693
821,022
818,379
802,955
810,759
981,776
973,783
981,889
954,863
951,318
951,318954,863981,889973,783981,776810,759802,955818,379821,022820,693799,796806,476830,785854,058856,925542,198543,137561,006554,702550,650545,083565,224561,100498,462466,100437,807446,262446,020435,673438,824441,930303,923305,281226,387220,471226,397221,105230,833213,650219,795222,036213,122258,529266,747261,847179,005183,125189,213193,835128,992126,801127,994138,456141,682141,561144,998147,878149,040174,5960245,095000000110,147103,210101,563114,752118,740118,908120,602124,904129,083124,515125,074133,108139,691149,013154,510152,750148,00382,60689,64964,56165,89283,47388,350101,59373,73576,30759,625103,049109,410103,382103,09468,82867,93270,62972,50074,20074,60074,800
       Property Plant Equipment 
51,100
50,500
50,600
45,300
45,172
43,583
34,264
33,368
34,015
33,241
34,102
32,482
31,716
29,445
28,362
26,675
26,163
33,017
32,755
52,982
52,041
50,926
49,380
50,220
48,558
45,261
38,263
32,220
32,389
34,045
33,907
33,511
33,408
33,939
31,498
30,817
33,439
42,401
70,794
54,439
53,006
52,275
50,890
49,502
54,439
47,519
46,738
45,402
44,970
43,623
42,489
43,411
41,692
33,107
32,630
32,338
33,645
33,959
32,702
31,303
31,448
40,159
39,634
40,088
37,590
37,780
37,596
40,550
36,195
37,647
34,911
35,421
36,792
36,503
60,244
61,718
61,591
64,660
66,204
65,464
100,128
103,263
111,609
112,736
109,112
109,576
109,956
113,120
109,177
113,571
129,738
135,777
136,362
133,499
138,550
146,503
145,931
147,081
143,850
147,751
158,110
158,399
164,241
156,043
153,835
153,835156,043164,241158,399158,110147,751143,850147,081145,931146,503138,550133,499136,362135,777129,738113,571109,177113,120109,956109,576109,112112,736111,609103,263100,12865,46466,20464,66061,59161,71860,24436,50336,79235,42134,91137,64736,19540,55037,59637,78037,59040,08839,63440,15931,44831,30332,70233,95933,64532,33832,63033,10741,69243,41142,48943,62344,97045,40246,73847,51954,43949,50250,89052,27553,00654,43970,79442,40133,43930,81731,49833,93933,40833,51133,90734,04532,38932,22038,26345,26148,55850,22049,38050,92652,04152,98232,75533,01726,16326,67528,36229,44531,71632,48234,10233,24134,01533,36834,26443,58345,17245,30050,60050,50051,100
       Goodwill 
19,000
18,100
17,300
0
0
0
28,300
0
24,700
23,400
22,000
0
0
0
0
0
0
0
0
0
0
31,094,000
31,094,000
26,350
26,350,000
26,400
26,421
26,421
26,421
26,421
26,421
26,421
26,421
26,421
26,421
26,421
26,421
26,421
176,200
45,063
45,100
45,100
45,100
44,578
45,063
44,600
44,578
44,578
44,578
44,578
44,578
44,578
44,578
44,578
44,578
44,578
73,271
73,514
71,087
71,156
115,182
115,584
110,783
90,746
98,299
98,358
98,358
103,456
103,413
108,253
108,337
108,128
150,278
151,538
207,720
210,988
213,822
218,324
219,772
217,662
217,625
230,371
268,741
274,710
268,719
273,817
279,523
285,980
281,614
282,659
492,940
479,500
475,795
466,411
465,052
478,897
482,520
483,409
477,642
484,507
589,856
587,028
594,088
584,098
589,054
589,054584,098594,088587,028589,856484,507477,642483,409482,520478,897465,052466,411475,795479,500492,940282,659281,614285,980279,523273,817268,719274,710268,741230,371217,625217,662219,772218,324213,822210,988207,720151,538150,278108,128108,337108,253103,413103,45698,35898,35898,29990,746110,783115,584115,18271,15671,08773,51473,27144,57844,57844,57844,57844,57844,57844,57844,57844,57844,57844,60045,06344,57845,10045,10045,10045,063176,20026,42126,42126,42126,42126,42126,42126,42126,42126,42126,42126,42126,42126,40026,350,00026,35031,094,00031,094,000000000000022,00023,40024,700028,30000017,30018,10019,000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
8,000
0
0
0
10,100
0
0
0
8,500
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000000000000000000008,50000010,1000008,000000000000000000000000000000000000000000000000000000000000000000
       Intangible Assets 
19,000
18,100
17,300
23,300
22,122
19,266
28,265
26,075
24,709
23,365
22,037
19,067
17,266
15,996
14,719
13,467
12,186
13,773
12,063
23,985
22,986
84,933
83,176
77,339
75,317
73,243
71,379
44,997
43,368
42,246
41,000
39,168
37,486
36,338
34,774
29,775
31,342
29,603
156,300
71,460
68,900
66,700
64,200
61,509
71,460
57,200
55,215
53,139
51,236
49,269
47,396
45,797
44,371
42,903
41,470
40,020
73,490
70,531
68,265
65,293
102,763
98,024
93,543
67,242
70,284
67,278
64,240
66,269
62,968
64,020
60,871
61,743
104,363
100,993
157,938
155,048
151,816
154,714
150,648
142,920
136,629
152,775
168,078
166,175
155,498
152,170
149,613
148,521
139,354
133,450
231,027
220,989
208,455
193,499
179,113
175,766
168,828
160,956
151,096
145,022
215,090
206,938
198,394
185,844
177,724
177,724185,844198,394206,938215,090145,022151,096160,956168,828175,766179,113193,499208,455220,989231,027133,450139,354148,521149,613152,170155,498166,175168,078152,775136,629142,920150,648154,714151,816155,048157,938100,993104,36361,74360,87164,02062,96866,26964,24067,27870,28467,24293,54398,024102,76365,29368,26570,53173,49040,02041,47042,90344,37145,79747,39649,26951,23653,13955,21557,20071,46061,50964,20066,70068,90071,460156,30029,60331,34229,77534,77436,33837,48639,16841,00042,24643,36844,99771,37973,24375,31777,33983,17684,93322,98623,98512,06313,77312,18613,46714,71915,99617,26619,06722,03723,36524,70926,07528,26519,26622,12223,30017,30018,10019,000
       Other Assets 
0
0
0
0
25,457
24,349
34,564
69,726
69,367
76,169
68,947
27,143
44,591
44,290
73,231
61,675
57,310
32,875
31,806
36,667
30,565
97,077
103,370
104,290
100,455
94,430
94,845
92,854
92,126
95,038
90,997
87,091
85,500
84,801
83,254
-48,019
69,771
67,746
409,640
190,656
167,500
154,384
152,748
145,218
138,522
128,571
701
103,638
102,908
101,375
99,072
-7,490
96,764
94,887
94,171
96,654
160,190
155,254
150,423
-1,827
230,399
226,588
218,895
1,326
184,446
182,015
176,054
190,283
184,910
188,750
185,560
190,966
268,489
267,420
381,686
377,106
8,444
8,322
9,638
11,761
11,718
12,053
12,672
11,603
11,754
15,087
15,610
47,829
12,992
12,518
3,220
17,792
10,173
13,067
17,081
19,527
0
26,933
0
0
0
0
0
0
0
000000026,933019,52717,08113,06710,17317,7923,22012,51812,99247,82915,61015,08711,75411,60312,67212,05311,71811,7619,6388,3228,444377,106381,686267,420268,489190,966185,560188,750184,910190,283176,054182,015184,4461,326218,895226,588230,399-1,827150,423155,254160,19096,65494,17194,88796,764-7,49099,072101,375102,908103,638701128,571138,522145,218152,748154,384167,500190,656409,64067,74669,771-48,01983,25484,80185,50087,09190,99795,03892,12692,85494,84594,430100,455104,290103,37097,07730,56536,66731,80632,87557,31061,67573,23144,29044,59127,14368,94776,16969,36769,72634,56424,34925,4570000
       Deferred Long Term Asset Charges 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,729
1,474
814
813
880
1,613
3,884
4,817
2,694
1,997
564
497
503
438
2,912
2,879
2,801
1,293
7,885
7,966
6,463
5,886
8,593
10,013
11,021
11,772
7,052
6,829
6,747
8,059
9,492
9,544
9,862
9,938
8,890
8,649
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000000008,6498,8909,9389,8629,5449,4928,0596,7476,8297,05211,77211,02110,0138,5935,8866,4637,9667,8851,2932,8012,8792,9124385034975641,9972,6944,8173,8841,6138808138141,4741,7290000000000000000000000000000000000000000000000000
> Total Liabilities 
107,700
115,500
109,800
118,000
112,267
112,242
120,584
141,917
106,531
85,810
67,005
54,357
54,689
59,475
52,182
42,607
42,023
42,308
46,149
47,808
57,166
72,432
76,594
80,601
70,960
64,203
64,232
66,888
71,947
84,615
81,696
68,332
67,625
77,833
74,657
66,093
63,467
69,895
433,300
367,420
344,600
333,000
333,400
352,390
367,420
339,600
213,697
188,489
185,054
184,079
145,331
139,143
127,892
127,619
122,736
109,254
173,834
163,198
144,640
136,404
210,314
219,288
201,761
185,040
203,788
197,841
185,917
171,344
169,315
164,296
159,537
166,767
218,975
217,709
376,323
368,235
360,221
365,789
399,760
351,321
372,959
397,191
455,083
452,564
428,865
429,129
406,285
388,370
376,131
384,881
710,124
706,592
671,471
673,674
665,329
663,626
627,798
606,692
549,421
552,596
728,877
696,582
676,628
642,813
615,701
615,701642,813676,628696,582728,877552,596549,421606,692627,798663,626665,329673,674671,471706,592710,124384,881376,131388,370406,285429,129428,865452,564455,083397,191372,959351,321399,760365,789360,221368,235376,323217,709218,975166,767159,537164,296169,315171,344185,917197,841203,788185,040201,761219,288210,314136,404144,640163,198173,834109,254122,736127,619127,892139,143145,331184,079185,054188,489213,697339,600367,420352,390333,400333,000344,600367,420433,30069,89563,46766,09374,65777,83367,62568,33281,69684,61571,94766,88864,23264,20370,96080,60176,59472,43257,16647,80846,14942,30842,02342,60752,18259,47554,68954,35767,00585,810106,531141,917120,584112,242112,267118,000109,800115,500107,700
   > Total Current Liabilities 
103,000
111,800
105,900
113,500
107,992
107,320
115,702
137,112
101,721
81,132
64,959
52,275
52,445
57,395
50,077
36,603
35,892
36,125
39,976
44,093
53,207
54,945
59,522
56,994
47,114
41,275
41,831
41,310
47,753
59,405
55,669
43,303
43,174
53,051
49,736
48,872
45,763
49,250
319,000
282,656
298,300
286,800
286,700
89,761
282,656
79,700
66,953
59,262
55,838
55,227
51,986
59,061
59,998
62,074
61,847
54,926
65,418
62,526
61,887
60,070
64,032
66,518
61,715
54,059
60,357
61,986
59,986
56,953
60,332
63,806
66,892
70,496
77,945
83,349
95,807
98,168
91,611
92,998
108,502
104,196
101,089
98,545
124,913
134,846
135,416
129,277
133,553
114,229
117,377
126,554
187,974
183,938
182,975
198,400
158,057
164,522
142,353
135,978
138,389
139,175
151,406
153,470
156,600
167,791
169,590
169,590167,791156,600153,470151,406139,175138,389135,978142,353164,522158,057198,400182,975183,938187,974126,554117,377114,229133,553129,277135,416134,846124,91398,545101,089104,196108,50292,99891,61198,16895,80783,34977,94570,49666,89263,80660,33256,95359,98661,98660,35754,05961,71566,51864,03260,07061,88762,52665,41854,92661,84762,07459,99859,06151,98655,22755,83859,26266,95379,700282,65689,761286,700286,800298,300282,656319,00049,25045,76348,87249,73653,05143,17443,30355,66959,40547,75341,31041,83141,27547,11456,99459,52254,94553,20744,09339,97636,12535,89236,60350,07757,39552,44552,27564,95981,132101,721137,112115,702107,320107,992113,500105,900111,800103,000
       Short-term Debt 
18,500
26,500
19,900
28,500
27,954
18,542
16,853
15,176
14,438
14,264
13,752
8,825
11,681
12,389
10,250
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
20,721
2,965
0
0
0
20,008
18,552
21,573
183,800
185,115
186,000
187,000
188,100
0
184,479
0
188,066
0
0
0
0
14,646
10,000
10,000
10,000
7,500
7,500
7,500
7,500
7,500
7,500
7,888
7,500
7,345
7,500
7,500
7,374
7,385
7,395
7,371
7,365
7,366
7,368
7,371
9,115
9,119
9,123
9,127
9,131
4,535
12,636
10,450
10,130
11,381
18,647
19,192
20,320
21,416
11,742
12,342
13,372
13,030
13,050
12,873
12,680
13,261
13,245
13,488
13,516
13,875
14,815
15,308
15,746
15,329
25,538
25,53815,32915,74615,30814,81513,87513,51613,48813,24513,26112,68012,87313,05013,03013,37212,34211,74221,41620,32019,19218,64711,38110,13010,45012,6364,5359,1319,1279,1239,1199,1157,3717,3687,3667,3657,3717,3957,3857,3747,5007,5007,3457,5007,8887,5007,5007,5007,5007,5007,50010,00010,00010,00014,6460000188,0660184,4790188,100187,000186,000185,115183,80021,57318,55220,0080002,96520,72100000000000000010,25012,38911,6818,82513,75214,26414,43815,17616,85318,54227,95428,50019,90026,50018,500
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
7,345
0
0
0
7,385
7,395
7,371
7,365
7,366
7,368
119,449
9,115
9,119
9,123
9,127
9,131
4,535
2,240
0
0
5,031
4,871
5,054
5,264
5,508
5,273
5,330
5,207
5,097
4,975
4,678
4,366
4,800
4,904
4,906
4,736
4,968
4,847
4,813
5,016
4,691
4,852
4,8524,6915,0164,8134,8474,9684,7364,9064,9044,8004,3664,6784,9755,0975,2075,3305,2735,5085,2645,0544,8715,031002,2404,5359,1319,1279,1239,1199,115119,4497,3687,3667,3657,3717,3957,3850007,345000000000000000000000000000000000000000000000000000000000000000
       Accounts payable 
14,900
24,400
25,700
28,100
28,406
28,107
30,550
30,030
23,619
19,267
14,594
10,839
10,675
13,298
11,443
9,235
10,731
12,739
14,678
18,218
22,488
23,809
23,586
18,462
16,176
13,727
13,471
14,998
18,858
20,742
19,721
14,002
17,092
16,184
15,340
17,905
14,505
15,683
33,413
20,286
16,128
12,484
16,311
13,430
20,286
26,726
26,894
19,766
20,347
19,465
22,003
12,532
19,280
19,114
19,630
18,824
25,195
25,569
27,100
24,361
26,572
28,440
31,223
25,592
27,126
26,942
27,507
24,401
26,893
25,879
28,179
32,213
34,226
37,784
39,666
39,793
41,717
42,505
48,306
50,733
50,554
50,015
47,009
52,585
48,419
46,427
40,906
42,966
51,952
54,053
65,012
68,514
72,035
77,351
79,577
75,225
66,009
64,653
63,983
57,195
71,401
71,044
68,720
76,890
82,513
82,51376,89068,72071,04471,40157,19563,98364,65366,00975,22579,57777,35172,03568,51465,01254,05351,95242,96640,90646,42748,41952,58547,00950,01550,55450,73348,30642,50541,71739,79339,66637,78434,22632,21328,17925,87926,89324,40127,50726,94227,12625,59231,22328,44026,57224,36127,10025,56925,19518,82419,63019,11419,28012,53222,00319,46520,34719,76626,89426,72620,28613,43016,31112,48416,12820,28633,41315,68314,50517,90515,34016,18417,09214,00219,72120,74218,85814,99813,47113,72716,17618,46223,58623,80922,48818,21814,67812,73910,7319,23511,44313,29810,67510,83914,59419,26723,61930,03030,55028,10728,40628,10025,70024,40014,900
       Other Current Liabilities 
69,600
60,900
60,300
56,900
51,632
60,671
68,299
91,906
63,664
47,601
36,613
32,611
30,089
31,708
28,384
27,368
25,161
23,386
25,298
25,875
30,719
-797,864
-718,064
34,487
-1,928,062
27,548
26,339
23,837
23,348
28,053
25,241
26,336
21,764
19,763
19,521
19,607
18,552
-1,342,062
100,587
77,255
96,157
87,307
82,361
75,813
30,648
51,803
22,871
22,705
20,296
25,732
23,038
33,462
24,884
29,596
26,568
22,252
25,921
24,602
24,304
27,191
29,425
28,137
20,687
19,933
24,676
22,245
22,096
21,182
24,274
28,904
30,074
26,948
30,941
33,998
40,940
43,314
38,242
39,175
48,665
42,130
32,638
32,903
61,564
65,800
60,816
54,633
62,193
37,887
42,795
50,075
94,726
90,885
82,934
93,677
51,283
54,248
41,685
44,872
47,091
54,785
47,750
46,748
56,720
53,857
47,347
47,34753,85756,72046,74847,75054,78547,09144,87241,68554,24851,28393,67782,93490,88594,72650,07542,79537,88762,19354,63360,81665,80061,56432,90332,63842,13048,66539,17538,24243,31440,94033,99830,94126,94830,07428,90424,27421,18222,09622,24524,67619,93320,68728,13729,42527,19124,30424,60225,92122,25226,56829,59624,88433,46223,03825,73220,29622,70522,87151,80330,64875,81382,36187,30796,15777,255100,587-1,342,06218,55219,60719,52119,76321,76426,33625,24128,05323,34823,83726,33927,548-1,928,06234,487-718,064-797,86430,71925,87525,29823,38625,16127,36828,38431,70830,08932,61136,61347,60163,66491,90668,29960,67151,63256,90060,30060,90069,600
   > Long-term Liabilities 
4,700
3,700
3,900
4,500
4,275
4,922
4,882
4,805
4,810
4,678
2,046
2,082
2,244
2,080
2,105
6,004
6,131
6,183
6,173
3,715
3,959
17,487
17,072
23,607
23,846
22,928
22,401
25,578
24,194
25,210
26,027
25,029
24,451
24,782
24,921
42,363
17,704
20,645
0
0
0
0
0
0
84,128
0
146,744
129,227
129,216
128,852
93,345
80,935
67,894
65,545
60,889
54,328
108,416
100,672
82,753
76,334
146,282
152,770
140,046
130,981
143,431
135,855
125,931
114,391
108,983
100,490
92,645
96,271
163,125
134,360
317,354
270,067
268,610
272,791
291,258
247,125
271,870
298,646
330,170
317,718
293,449
299,852
272,732
274,141
258,754
258,327
522,150
522,654
488,496
475,274
507,272
499,104
485,445
470,714
411,032
413,421
577,471
543,112
520,028
475,022
446,111
446,111475,022520,028543,112577,471413,421411,032470,714485,445499,104507,272475,274488,496522,654522,150258,327258,754274,141272,732299,852293,449317,718330,170298,646271,870247,125291,258272,791268,610270,067317,354134,360163,12596,27192,645100,490108,983114,391125,931135,855143,431130,981140,046152,770146,28276,33482,753100,672108,41654,32860,88965,54567,89480,93593,345128,852129,216129,227146,744084,12800000020,64517,70442,36324,92124,78224,45125,02926,02725,21024,19425,57822,40122,92823,84623,60717,07217,4873,9593,7156,1736,1836,1316,0042,1052,0802,2442,0822,0464,6784,8104,8054,8824,9224,2754,5003,9003,7004,700
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
108,107
73,107
58,000
45,500
43,000
37,500
42,500
95,625
87,750
70,875
64,000
129,125
127,250
114,375
107,500
115,625
108,750
100,084
88,426
86,763
79,164
72,267
70,554
110,865
104,176
234,188
225,500
224,098
228,306
247,293
202,843
198,203
214,562
227,507
215,334
206,752
211,946
188,089
194,927
186,145
186,866
441,831
429,361
412,521
402,679
438,447
430,662
418,535
0
0
0
0
0
0
0
0
00000000418,535430,662438,447402,679412,521429,361441,831186,866186,145194,927188,089211,946206,752215,334227,507214,562198,203202,843247,293228,306224,098225,500234,188104,176110,86570,55472,26779,16486,76388,426100,084108,750115,625107,500114,375127,250129,12564,00070,87587,75095,62542,50037,50043,00045,50058,00073,107108,1070000000000000000000000000000000000000000000000000
       Deferred Long Term Asset Charges 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,729
1,474
814
813
880
1,613
3,884
4,817
2,694
1,997
564
497
503
438
2,912
2,879
2,801
1,293
7,885
7,966
6,463
5,886
8,593
10,013
11,021
11,772
7,052
6,829
6,747
8,059
9,492
9,544
9,862
9,938
8,890
8,649
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000000008,6498,8909,9389,8629,5449,4928,0596,7476,8297,05211,77211,02110,0138,5935,8866,4637,9667,8851,2932,8012,8792,9124385034975641,9972,6944,8173,8841,6138808138141,4741,7290000000000000000000000000000000000000000000000000
       Warrants
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
22,095
27,358
36,838
46,923
54,916
51,606
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000000000000051,60654,91646,92336,83827,35822,095000000000000000000000000000000000000000000000000000000000000000000000000
       Other Liabilities 
0
0
0
0
2,296
2,180
2,228
2,108
2,156
2,024
2,046
2,082
2,244
2,080
2,105
6,004
6,131
6,183
6,173
3,715
3,959
3,752
3,757
12,086
12,645
12,044
11,835
12,326
12,409
12,872
13,367
12,687
12,094
12,370
12,479
9,632
10,059
13,056
53,649
54,633
15,987
15,890
16,256
236,781
236,275
233,722
13,511
13,279
12,669
12,259
11,761
14,213
13,649
13,772
14,400
11,573
12,021
12,106
10,951
10,860
12,768
20,747
21,035
16,409
16,075
15,327
14,238
16,343
12,709
12,686
11,940
16,312
13,904
13,731
11,428
10,948
44,512
44,485
43,965
37,464
34,934
42,212
55,522
53,431
47,327
48,312
46,092
40,504
35,915
33,602
34,008
47,593
26,933
25,019
23,093
22,982
0
22,101
0
0
0
0
0
0
0
000000022,101022,98223,09325,01926,93347,59334,00833,60235,91540,50446,09248,31247,32753,43155,52242,21234,93437,46443,96544,48544,51210,94811,42813,73113,90416,31211,94012,68612,70916,34314,23815,32716,07516,40921,03520,74712,76810,86010,95112,10612,02111,57314,40013,77213,64914,21311,76112,25912,66913,27913,511233,722236,275236,78116,25615,89015,98754,63353,64913,05610,0599,63212,47912,37012,09412,68713,36712,87212,40912,32611,83512,04412,64512,0863,7573,7523,9593,7156,1736,1836,1316,0042,1052,0802,2442,0822,0462,0242,1562,1082,2282,1802,2960000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
8,846
8,704
8,874
8,745
8,773
8,989
255
770
816
927
1,474
4,389
4,773
4,636
35
2,273
2,509
2,509
449
556
42
42
1,294
8,254
8,551
27,106
25,672
26,060
25,541
24,920
22,632
22,534
23,429
28,980
26,676
24,855
26,028
27,424
24,134
22,167
22,350
21,936
33,738
19,836
17,688
16,519
17,194
16,977
0
0
0
0
0
0
0
0
0000000016,97717,19416,51917,68819,83633,73821,93622,35022,16724,13427,42426,02824,85526,67628,98023,42922,53422,63224,92025,54126,06025,67227,1068,5518,2541,29442425564492,5092,5092,273354,6364,7734,3891,4749278167702558,9898,7738,7458,8748,7048,8460000000000000000000000000000000000000000000000000
> Total Stockholder Equity
169,500
164,700
169,300
171,700
179,881
256,303
264,997
289,267
291,036
298,559
290,423
282,330
275,562
267,415
261,510
254,481
253,564
251,728
252,886
260,788
273,068
285,068
296,546
305,563
303,188
302,843
304,366
306,556
317,222
323,420
332,473
343,073
349,824
358,476
369,158
374,117
378,269
374,796
352,062
152,677
133,900
129,157
118,825
84,030
152,677
83,135
181,144
178,349
187,844
199,542
207,560
209,003
212,989
217,897
218,689
227,809
226,051
226,380
232,829
241,984
243,244
246,072
248,349
210,825
210,851
234,587
239,983
244,701
247,216
249,589
257,200
258,870
294,196
304,546
309,147
311,545
318,611
324,366
359,676
368,255
379,701
386,182
402,877
417,172
413,103
431,898
451,249
476,809
476,123
493,064
500,113
521,291
534,693
532,169
542,202
577,586
598,017
626,030
644,856
673,460
681,715
701,992
742,195
745,698
769,755
769,755745,698742,195701,992681,715673,460644,856626,030598,017577,586542,202532,169534,693521,291500,113493,064476,123476,809451,249431,898413,103417,172402,877386,182379,701368,255359,676324,366318,611311,545309,147304,546294,196258,870257,200249,589247,216244,701239,983234,587210,851210,825248,349246,072243,244241,984232,829226,380226,051227,809218,689217,897212,989209,003207,560199,542187,844178,349181,14483,135152,67784,030118,825129,157133,900152,677352,062374,796378,269374,117369,158358,476349,824343,073332,473323,420317,222306,556304,366302,843303,188305,563296,546285,068273,068260,788252,886251,728253,564254,481261,510267,415275,562282,330290,423298,559291,036289,267264,997256,303179,881171,700169,300164,700169,500
   Common Stock
222,500
222,500
222,500
222,900
226,148
298,026
301,116
301,667
302,155
302,431
302,967
303,504
303,725
304,224
304,306
304,713
304,721
304,827
305,220
305,512
305,840
307,149
307,482
308,669
308,859
309,210
309,430
309,545
313,787
310,022
310,022
310,635
313,395
316,204
315,555
310,970
307,875
304,569,000
304,595
330,896
330,896
330,896
330,896
330,896
310,970
330,896
423,856
423,856
423,856
423,900
423,856
423,856
423,856
423,856
423,856
423,856
423,856
423,856
423,856
423,856
423,856
423,856
423,856
423,856
423,856
423,856
423,856
423,856
423,856
423,856
423,856
423,856
423,856
423,856
423,856
423,856
423,856
423,856
423,856
423,856
423,856
423,856
423,856
423,856
423,856
423,856
423,856
423,856
423,856
423,856
423,856
423,856
423,856
423,856
423,856
423,856
423,856
423,856
423,856
423,856
423,856
423,856
423,856
423,856
423,856
423,856423,856423,856423,856423,856423,856423,856423,856423,856423,856423,856423,856423,856423,856423,856423,856423,856423,856423,856423,856423,856423,856423,856423,856423,856423,856423,856423,856423,856423,856423,856423,856423,856423,856423,856423,856423,856423,856423,856423,856423,856423,856423,856423,856423,856423,856423,856423,856423,856423,856423,856423,856423,856423,856423,856423,900423,856423,856423,856330,896310,970330,896330,896330,896330,896330,896304,595304,569,000307,875310,970315,555316,204313,395310,635310,022310,022313,787309,545309,430309,210308,859308,669307,482307,149305,840305,512305,220304,827304,721304,713304,306304,224303,725303,504302,967302,431302,155301,667301,116298,026226,148222,900222,500222,500222,500
   Retained Earnings 
-44,900
-48,700
-46,700
-44,200
-39,454
-33,631
-26,455
1,152
5,931
9,516
1,029
-13,546
-20,166
-31,278
-36,693
-41,270
-42,936
-46,491
-45,940
-43,440
-34,501
-22,687
-10,564,000
-1,969
-1,859,000
1,266
3,308
7,688
12,792
18,975
24,706
29,431
32,339
35,673
43,727
19,131
50,436
51,530,000
5,000
-184,716
-201,500
-211,300
-224,300
-256,046
-184,716
-255,100
-254,991
-256,733
-250,526
-240,460
-231,615
-227,760
-226,379
-221,506
-224,040
-208,222
-206,140
-207,011
-205,221
-200,913
-199,930
-199,205
-194,680
-225,165
-221,719
-202,221
-195,653
-189,550
-187,644
-182,773
-175,303
-167,547
-133,295
-127,611
-127,660
-127,740
-123,470
-112,167
-90,736
-79,092
-66,839
-56,459
-47,536
-38,319
-26,372
-14,712
-6,454
6,202
17,512
29,176
42,779
56,533
75,353
92,832
115,322
130,584
148,849
169,728
190,951
203,462
218,138
231,893
251,085
267,549
288,757
288,757267,549251,085231,893218,138203,462190,951169,728148,849130,584115,32292,83275,35356,53342,77929,17617,5126,202-6,454-14,712-26,372-38,319-47,536-56,459-66,839-79,092-90,736-112,167-123,470-127,740-127,660-127,611-133,295-167,547-175,303-182,773-187,644-189,550-195,653-202,221-221,719-225,165-194,680-199,205-199,930-200,913-205,221-207,011-206,140-208,222-224,040-221,506-226,379-227,760-231,615-240,460-250,526-256,733-254,991-255,100-184,716-256,046-224,300-211,300-201,500-184,7165,00051,530,00050,43619,13143,72735,67332,33929,43124,70618,97512,7927,6883,3081,266-1,859,000-1,969-10,564,000-22,687-34,501-43,440-45,940-46,491-42,936-41,270-36,693-31,278-20,166-13,5461,0299,5165,9311,152-26,455-33,631-39,454-44,200-46,700-48,700-44,900
   Accumulated Other Comprehensive Income 
-8,000
-9,100
-6,500
-6,900
-6,813
-8,092
-9,664
-14,311
-18,009
-14,347
-14,732
-10,220
-10,589
-8,123
-8,695,000
-11,554
-10,813
-9,200,000
-8,986,000
-4,084
-1,122,000
-2,313,000
-3,086,000
-4,426
-7,039,000
-10,832
-11,677
-14,016
-13,697
-9,978
-7,129
-2,307
-1,752
-140
2,386
6,427
10,915
8,985
6,000
-4,000
-14,400
-5,000
-400
-3,000
-4,236
-12,200
-2,269
-3,429
-1,129
-269
-1,854
-5,024
-3,701
-4,678
-2,488
-9,749
-14,494
-14,357
-10,963
-6,342
-6,341
-5,385
-8,795
-16,456
-20,233
-16,584
-17,691
-18,830
-18,316
-20,385
-20,610
-27,715
-26,070
-22,598
-19,332
-17,880
-14,325
-19,117
-19,384
-22,527
-20,171
-22,280
-24,611
-18,113
-24,182
-22,584
-18,350
-12,241
-12,609
-12,211
-15,011
-12,866
-17,325
-30,665
-48,927
-32,009
-26,708
-25,042
-33,313
-24,038
-28,151
-27,384
-12,674
-29,921
-21,346
-21,346-29,921-12,674-27,384-28,151-24,038-33,313-25,042-26,708-32,009-48,927-30,665-17,325-12,866-15,011-12,211-12,609-12,241-18,350-22,584-24,182-18,113-24,611-22,280-20,171-22,527-19,384-19,117-14,325-17,880-19,332-22,598-26,070-27,715-20,610-20,385-18,316-18,830-17,691-16,584-20,233-16,456-8,795-5,385-6,341-6,342-10,963-14,357-14,494-9,749-2,488-4,678-3,701-5,024-1,854-269-1,129-3,429-2,269-12,200-4,236-3,000-400-5,000-14,400-4,0006,0008,98510,9156,4272,386-140-1,752-2,307-7,129-9,978-13,697-14,016-11,677-10,832-7,039,000-4,426-3,086,000-2,313,000-1,122,000-4,084-8,986,000-9,200,000-10,813-11,554-8,695,000-8,123-10,589-10,220-14,732-14,347-18,009-14,311-9,664-8,092-6,813-6,900-6,500-9,100-8,000
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
16,415
17,173
17,931
19,213
20,225
21,361
21,924
22,829
23,892
25,157
25,383
25,659
26,806
27,968
28,590
28,947
29,536
29,471
29,225
29,320
28,891
29,257
30,276
29,705
30,899
32,283
33,309
32,550
31,794
45,940
46,018
42,855
41,065
51,168
49,748
39,801
45,338
52,197
58,992
47,364
52,243
48,489
53,768
52,809
46,146
51,951
55,155
52,020
0
0
0
0
0
0
0
0
0000000052,02055,15551,95146,14652,80953,76848,48952,24347,36458,99252,19745,33839,80149,74851,16841,06542,85546,01845,94031,79432,55033,30932,28330,89929,70530,27629,25728,89129,32029,22529,47129,53628,94728,59027,96826,80625,65925,38325,15723,89222,82921,92421,36120,22519,21317,93117,17316,4150000000000000000000000000000000000000000000000000
   Treasury Stock0000000000000000000000000000000000000-244,701-239,983-234,587-211,280-211,254-248,778-246,501-243,670-242,403-233,268-226,831-226,484-228,206-219,091-218,280-213,364-209,360-207,924-199,9350000000000000000000000000000000000000000000000000



5.3. Balance Sheets

Currency in USD. All numbers in thousands.




5.4. Cash Flows

Currency in USD. All numbers in thousands.




5.5. Income Statements

Currency in USD. All numbers in thousands.


5.6. Latest Income Statement

Income Statement (annual), 2024-12-31. Currency in USD. All numbers in thousands.

Gross Profit (+$)
totalRevenue949,245
Cost of Revenue-527,700
Gross Profit421,545421,545
 
Operating Income (+$)
Gross Profit421,545
Operating Expense-310,961
Operating Income110,584110,584
 
Operating Expense (+$)
Research Development95,515
Selling General Administrative175,943
Selling And Marketing Expenses0
Operating Expense310,961271,458
 
Net Interest Income (+$)
Interest Income0
Interest Expense-31,489
Other Finance Cost-0
Net Interest Income-31,489
 
Pretax Income (+$)
Operating Income110,584
Net Interest Income-31,489
Other Non-Operating Income Expenses0
Income Before Tax (EBT)79,066142,102
EBIT - interestExpense = 79,066
79,066
95,576
Interest Expense31,489
Earnings Before Interest and Taxes (EBIT)110,555110,555
Earnings Before Interest and Taxes (EBITDA)166,118
 
After tax Income (+$)
Income Before Tax79,066
Tax Provision-14,979
Net Income From Continuing Ops64,08764,087
Net Income64,087
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses838,661
Total Other Income/Expenses Net-31,51831,489
 

Technical Analysis of Novanta
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Novanta. The general trend of Novanta is BEARISH with 14.3% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Novanta's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-14.3%) Bearish trend (14.3%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Novanta Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

SupportΒ is a price level at which demand for an asset is strong enough to prevent the price from falling further.
ResistanceΒ is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Novanta Inc.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 131.35 < 133.28 < 151.90.

The bearish price targets are: 118.22 > 99.07 > 98.76.

Know someone who trades $NOVT? Share this with them.πŸ‘‡

Novanta Inc Daily Support & Resistance Chart
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2. Trend Indicators

2.1 Moving Averages

Shows theΒ moving averageΒ of the selected period.

  • Moving averages are laggingΒ trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Novanta Inc. The current mas is .

The long score for the Moving Averages is 6/14.
The longshort score for the Moving Averages is -2/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Novanta Inc Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows theΒ momentumΒ of theΒ selected period based on two moving averages.

  • MACD is aΒ lagging momentumΒ indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Novanta Inc. The current macd is 1.10814984.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Novanta price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Novanta. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Novanta price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Novanta Inc Daily Moving Average Convergence/Divergence (MACD) ChartNovanta Inc Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Novanta Inc. The current adx is 15.96.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Novanta shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Novanta Inc Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • ShowsΒ the current trend.
  • ShowsΒ potential entry signals.
  • ShowsΒ Β potential exit signals.
  • Can be used to placeΒ trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Novanta Inc. The current sar is 119.63.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Novanta Inc Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentumΒ indicator, meaning the signals are instant.
  • RangesΒ between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Novanta Inc. The current rsi is 60.41. The current phase is Correction in bear market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
  • Trending up: The RSI is trending up. +1
Novanta Inc Daily Relative Strength Index (RSI) ChartNovanta Inc Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

ComparesΒ a certain price to multiple prices ranging over time.

  • LeadingΒ momentumΒ indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • RangesΒ between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Novanta Inc. The current phase is Overbought in bear market.

The long score for the Stochastic Oscillator is 4/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Novanta price going down in the near term. -2
  • Trending up: The STOCH %K is trending up. +1
Novanta Inc Daily Stochastic Oscillator ChartNovanta Inc Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero,Β the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Novanta Inc. The current cci is 139.13.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Novanta Inc Daily Commodity Channel Index (CCI) ChartNovanta Inc Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Novanta Inc. The current cmo is 30.68.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Novanta Inc Daily Chande Momentum Oscillator (CMO) ChartNovanta Inc Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

Β Shows the current price relative to the highest high over the last 14 days.
Β 

  • Lagging momentum indicator
  • Ranging between 0 andΒ -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Novanta Inc. The current willr is -19.71054445.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Novanta Inc Daily Williams %R ChartNovanta Inc Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversoldΒ 

Score

Let's take a look at the Bollinger Bands of Novanta Inc.

Novanta Inc Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Novanta Inc. The current atr is 4.05095568.

Novanta Inc Daily Average True Range (ATR) ChartNovanta Inc Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

Β Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Novanta Inc. The current obv is -4,861,277.

Novanta Inc Daily On-Balance Volume (OBV) ChartNovanta Inc Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Novanta Inc. The current mfi is 51.05.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Novanta Inc Daily Money Flow Index (MFI) ChartNovanta Inc Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Novanta Inc.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2025-02-07STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-10STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-12CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-02-13STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-14CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-02-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-02-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-02-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-02-26DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-02-27DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-03-04SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-03-05STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-10MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-11CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-18STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-03-19STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-20STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-03-24ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-03-26STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-03-28CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-03-31STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-03STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-04ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-07STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-04-08MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-04-09SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-04-10ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-11STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-14STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-16MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-04-21STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-22STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-24CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-04-28DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-30DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2025-05-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-05-02WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-05-05STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-05-07STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-05-08CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-05-09SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-05-12BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-05-14STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-16STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-19STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-21CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-05-23MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2025-05-29STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-05-30CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-06-02STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-03STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-06-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-06-09DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-06-10DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2025-06-11STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-06-17WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-06-23STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-24CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-06-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-06-27SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-07-01STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Novanta Inc Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Novanta Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5060.407
Ma 20Greater thanMa 50126.085
Ma 50Greater thanMa 100123.894
Ma 100Greater thanMa 200128.726
OpenGreater thanClose128.160
Total2/5 (40.0%)
Penke
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