How to Buy Novanta Stock
Novanta Inc
Novanta Inc. , together with its subsidiaries, designs, manufactures, markets, and sells photonics, vision, and precision motion components and sub-systems to original equipment manufacturers in the medical and industrial markets worldwide.
Novanta stock last closed at $114.58, up 0.49% from the previous day, and has decreased 25.84% in one year. It has underperformed other stocks in the Scientific & Technical Instruments industry by 0.28 percentage points. Novanta stock is currently +16.02% from its 52-week low of $98.76, and -38.77% from its 52-week high of $187.12.
There are currently 35.96M NOVT shares outstanding. The market cap of NOVT is $4.12B. In the last 24 hours, 293,911 NOVT shares were traded.
How to Buy Novanta Stock
Wondering how to invest in Novanta stock? Here's how.
- Choose where to buy Novanta stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you choose where to buy Novanta stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your investment account: Pick your payment method and add your details.
- Research Novanta stock: The Novanta ticker symbol is NOVT. Is Novanta stock a good investment? Should you buy shares of NOVT? How do NOVT's underlying business fundamentals look? Do top analysts think Novanta is a good buy? Why has NOVT's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if NOVT is a good stock to buy).
- Make your NOVT purchase: Decide if you will purchase NOVT shares at the current market price or use a limit order to buy NOVT stock at a particular price.
- Keep tabs on your investment in NOVT: Create a watchlist to key updates about your investment in Novanta stock.
Step 1: Choose where to buy Novanta stock
You need a brokerage account to access the NASDAQ market and buy NOVT shares.
Our recommended brokerage: eToro
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Get $10 towards your share purchase by opening an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen your brokerage, it's time to fill out some personal information so you can buy NOVT today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to create a new brokerage account.
- Send your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've created your account on the best stock trading app, your next step is to transfer the money for your investment:
Check out this video walkthrough if you need help transferring funds into your new brokerage account.
Step 4: Research Novanta stock
After you have identified the best place to buy Novanta stock, it's critical to research their stock before you invest, so you can wrap your head around the risk and upside.
Novanta shares data
NOVT Due Diligence Checks
WallStreetZen was created to help part-time investors do more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on NOVT's stock page.
Is NOVT stock undervalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge NOVT's intrinsic value.
Using relative valuations measures:
- NOVT could be overvalued based on its P/E ratio of 64.37x, relative to Scientific & Technical Instruments industry P/E ratio of 18.74x
- NOVT may be overvalued based on its P/B ratio of 5.53x, relative to Scientific & Technical Instruments industry P/B ratio of 2.89x
- NOVT could be undervalued based on its PEG ratio of 0.83x
You can access additional valuation analysis on NOVT's stock here.
NOVT Financial Health
Passed Health Checks:
- There are more short-term assets than short-term liabilities on the NOVT balance sheet.
- Total NOVT debt is lower than 5 years ago, relative to shareholder equity.
- NOVT's operating cash flow of $158.51M allows it to safely service it's debt of $467.07M.
Failed Health Checks:
- NOVT earnings of $110.56M is not enough to cover its interest payments.
- There are more long-term liabilities than short-term assets on the NOVT balance sheet.
- NOVT profit margin has gone down from 8.3% to 6.8% in the past year.
- NOVT has a relatively high debt to equity ratio of 0.86.
Is it a good time to buy NOVT stock, according to analysts?
Out of 1 Wall Street analysts who track NOVT, the consensus analyst rating on NOVT is a Hold
It's important to note that analyst ratings are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the Novanta stock forecast page.
NOVT Momentum
Is NOVT Growing Revenue?
Last year, NOVT earnings were $64.09M. During the past five year, NOVT's earnings have grown by 8.94% per year. This was faster than the Scientific & Technical Instruments industry average of 8.07%.
Last year, NOVT revenue was $949.25M. Over the past five year, NOVT's revenue has grown by 8.68% per year. This was faster than the Scientific & Technical Instruments industry average of 8.5%.
Learn more about NOVT's earnings and revenue performance here.
What are NOVT executives and large shareholders up to?
In the past year, insiders at NOVT have sold more shares than they have bought.
Robert Buckley, Chief Financial Officer of NOVT, was the latest NOVT insider to sell. They sold $362,760.90 worth of NOVT stock on Feb 24, 2025.
Get more info about who owns NOVT shares here.
Does NOVT provide a stable income stream?
No, Novanta doesn't provide an income stream by paying out dividends.
Get opinions from other traders
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Step 5: Make your NOVT purchase
There are two main order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally the easiest way to buy. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a specific dollar amount, place a limit order.
Hit the Open button and eToro will place the order.
If you need more help with investing in stocks on eToro, click the helpful video below:
Step 6: Keep tabs on your investment in NOVT
Now that you own some NOVT shares, you'll want to keep up with your stock purchase.
Make a watchlist to see the latest developments about your NOVT stock.
NOVT Feed
How to Buy Stock in Novanta
To reiterate, here are the 6 steps to buy stock in Novanta:
- Choose where to buy Novanta stock
- Sign up for a brokerage account
- Fund your investment account
- Research Novanta stock
- Make your NOVT purchase
- Keep tabs on your investment in NOVT
If you need a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep tabs on your investment in Novanta, add NOVT to your watchlist below.
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