Head to Head Survey: Novanta (NASDAQ:NOVT) versus Electriq Power (NYSE:ELIQ)

Novanta (NASDAQ:NOVT) and Electriq Power (NYSE:ELIQ) are both computer and technology companies, but which is the better stock? We will contrast the two businesses based on the strength of their risk, analyst recommendations, earnings, valuation, institutional ownership, dividends and profitability.

Institutional and Insider Ownership

98.4% of Novanta shares are owned by institutional investors. Comparatively, 7.6% of Electriq Power shares are owned by institutional investors. 1.2% of Novanta shares are owned by insiders. Comparatively, 38.4% of Electriq Power shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Valuation and Earnings

This table compares Novanta and Electriq Power’s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Novanta	$881.66 million	6.42	$72.88 million	$1.93	81.76
Electriq Power	$1.66 million	0.17	$10.44 million	N/A	N/A

Novanta has higher revenue and earnings than Electriq Power.

Volatility & Risk

Novanta has a beta of 1.31, indicating that its stock price is 31% more volatile than the S&P 500. Comparatively, Electriq Power has a beta of -0.06, indicating that its stock price is 106% less volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of recent recommendations and price targets for Novanta and Electriq Power, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Novanta	0	0	0	0	N/A
Electriq Power	0	0	0	0	N/A

Profitability

This table compares Novanta and Electriq Power’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Novanta	7.76%	16.58%	8.60%
Electriq Power	N/A	N/A	-12.52%

Summary

Novanta beats Electriq Power on 8 of the 9 factors compared between the two stocks.

About Novanta

Novanta Inc., together with its subsidiaries, provides precision medicine and manufacturing, medical solutions, and robotics and automation solutions in the United States and internationally. The company operates through three segments: Precision Medicine and Manufacturing, Medical Solutions, and Robotics and Automation. The Precision Medicine and Manufacturing segment offers photonics-based solutions, including laser scanning, beam delivery, CO2 laser, solid state laser, ultrafast laser, and optical light engine products serving photonics-based applications for industrial processing, metrology, medical and life science imaging, DNA sequencing, and medical laser procedures. The Medical Solutions segment provides a range of medical grade technologies, including medical insufflators, pumps, and related disposables; visualization solutions; wireless technologies, video recorders, and video integration technologies for operating room integrations; optical data collection and machine vision technologies; radio frequency identification technologies; thermal chart recorders; spectrometry technologies; and embedded touch screen solutions. The Robotics and Automation segment offers optical and inductive encoders, precision motors, servo drives and motion control solutions, integrated stepper motors, intelligent robotic end-of-arm technology solutions, air bearings, and air bearing spindles. 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.

About Electriq Power

Electriq Power Holdings, Inc. provides turnkey intelligent energy storage and management solutions for homes and small businesses. The company offers PowerPod2, a smart home battery backup system. Its solutions enable cities, municipalities, and utilities to provide constituents with a path to sustainable and resilient sources of energy. The company was founded in 2014 and is based in West Palm Beach, Florida.