Novanta (NASDAQ:NOVT) Releases 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 (EPS) guidance of 0.630-0.710 for the period, compared to the consensus 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 Stock Performance

Shares of NOVT opened at $138.30 on Tuesday. The stock has a market capitalization of $4.97 billion, a price-to-earnings ratio of 82.81 and a beta of 1.28. The company has a current ratio of 2.79, a quick ratio of 1.81 and a debt-to-equity ratio of 0.61. The firm has a fifty day simple moving average of $149.48 and a 200 day simple moving average of $164.96. Novanta has a 12 month low of $138.15 and a 12 month high of $187.12.

Novanta (NASDAQ:NOVT) last announced its quarterly earnings results on Tuesday, February 25th. The technology company reported $0.76 EPS for the quarter, missing analysts’ consensus estimates of $0.81 by ($0.05). Novanta had a net margin of 6.52% and a return on equity of 15.20%. Research analysts forecast that Novanta will post 3.03 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Robert W. Baird cut their price target 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.

About Novanta

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.