Novanta Stock Price and Value Analysis

Should you buy Novanta stock? (NasdaqGS:NOVT). Let's see how it does in our automated value investing analysis system.

AdvantagesDisadvantagesNeutral
None.
  • This company has wild ups and downs.
  • This company is not making money.
  • This stock looks overpriced.
  • This company is less known than others.
  • This company pays no dividend.

NOVT Free Cash Flow Trend

Hmm, we can't give any reliable projection for Novanta's growth rate. The company either has too few years of historical data for us to examine, or it's in the habit of losing money.

None of this means it's a bad stock. Maybe it's new and growing quickly, or maybe it's turning things around. We can't say anything sensible about it, so we won't say it's obviously undervalued right now. Proceed at your own risk!

Free Cash Flow trendline for NOVT
Free Cash Flow trendline for Novanta

Inside the NOVT Numbers

NOVT Price
(Novanta stock price per share)
$59.58
[?] PE Ratio versus Sector 212% higher than other Technology stocks
[?] PE Ratio versus Industry 69% higher than other Scientific & Technical Instruments stocks
[?] Free Cash Flow Jitter 840%

Is Novanta Stock on Sale?

Based on our analysis, we believe that you should not buy Novanta right now. It might be a good stock to own—we just can't prove it with value analysis right now. Proceed with caution.

Should You Buy NOVT Stock?

Does Novanta have a coherent story? Does it have a plan to continue to make money? Is it worth your time? Only you can decide where to go from here. Our investment guide helps you ask the right questions, including how to buy stocks. Use these research links for more information.