Analysts See $0.40 EPS for Novanta Inc. (NOVT)

April 22, 2018 - By Winifred Garcia

Analysts expect Novanta Inc. (NASDAQ:NOVT) to report $0.40 EPS on May, 8 before the open.They anticipate $0.09 EPS change or 29.03 % from last quarter’s $0.31 EPS. NOVT’s profit would be $13.88 million giving it 38.97 P/E if the $0.40 EPS is correct. After having $0.44 EPS previously, Novanta Inc.’s analysts see -9.09 % EPS growth. The stock increased 0.08% or $0.05 during the last trading session, reaching $62.35. About 155,113 shares traded. Novanta Inc. (NASDAQ:NOVT) has risen 95.89% since April 22, 2017 and is uptrending. It has outperformed by 84.34% 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 $2.16 billion. The firm operates in three divisions: Photonics, Vision, and Precision Motion. It has a 55.18 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.

Novanta Inc. (NASDAQ:NOVT) Ratings Chart

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