Novanta (NASDAQ:NOVT) Updates Q1 2025 Earnings Guidance

Novanta (NASDAQ:NOVT) issued an update on its first quarter 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 0.630-0.710 for the period, compared to the consensus earnings per share estimate of 0.780. The company issued revenue guidance of $232.0 million-$236.0 million, compared to the consensus revenue estimate of $244.9 million. Novanta also updated its FY 2025 guidance to 3.350-3.550 EPS.

Novanta Trading Down 1.6 %

NOVT opened at $138.30 on Tuesday. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.79 and a quick ratio of 1.81. The company has a market cap of $4.97 billion, a price-to-earnings ratio of 82.81 and a beta of 1.28. The firm has a 50 day simple moving average of $149.48 and a 200 day simple moving average of $164.96. Novanta has a fifty-two week low of $138.15 and a fifty-two week high of $187.12.

Novanta (NASDAQ:NOVT) last posted its quarterly earnings results on Tuesday, February 25th. The technology company reported $0.76 earnings per share for the quarter, missing analysts’ consensus estimates of $0.81 by ($0.05). Novanta had a return on equity of 15.20% and a net margin of 6.52%. On average, sell-side analysts anticipate that Novanta will post 3.03 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Robert W. Baird lowered their target price on shares of Novanta from $175.00 to $169.00 and set a “neutral” rating for the company in a research note on Wednesday, November 6th.

Novanta Company Profile

Novanta, Inc engages in the provision of core technology solutions to healthcare and advanced industrial original equipment manufacturers. It operates through the following segments: Photonics, Vision, and Precision Motion. The Photonics segment designs, manufactures, and markets photonics-based solutions, including laser scanning and laser beam delivery, CO2 laser, continuous wave and ultrafast laser, and optical light engine products.