Analysts See $0.52 EPS for Novanta Inc. (NOVT)

October 14, 2018 - By Adrian Mccoy

Analysts expect Novanta Inc. (NASDAQ:NOVT) to report $0.52 EPS on November, 7.They anticipate $0.07 EPS change or 15.56 % from last quarter’s $0.45 EPS. NOVT’s profit would be $18.02 million giving it 30.82 P/E if the $0.52 EPS is correct. After having $0.51 EPS previously, Novanta Inc.’s analysts see 1.96 % EPS growth. The stock increased 3.77% or $2.33 during the last trading session, reaching $64.11. About 171,152 shares traded. Novanta Inc. (NASDAQ:NOVT) has risen 82.83% since October 14, 2017 and is uptrending. It has outperformed by 67.21% the S&P500.

Novanta Inc., together with its subsidiaries, designs, develops, makes, markets, and sells precision photonic and motion control components and subsystems to original equipment manufacturers in the medical equipment and advanced industrial technology markets worldwide. The company has market cap of $2.22 billion. The firm operates in three divisions: Photonics, Vision, and Precision Motion. It has a 127.96 P/E ratio. The Photonics segment offers photonics solutions, including CO2 laser sources, and laser scanning and laser beam delivery products for photonics applications, such as industrial material processing, metrology, medical and life science imaging, and medical laser procedures.

More news for Novanta Inc. (NASDAQ:NOVT) were recently published by: Prnewswire.com, which released: “Novanta Inc. Schedules Earnings Release and Conference Call for Tuesday, November 6, 2018” on October 09, 2018. Globenewswire.com‘s article titled: “Report: Exploring Fundamental Drivers Behind Skyworks Solutions, Radius Health, Novanta, Flowers Foods, Rexford …” and published on October 09, 2018 is yet another important article.

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