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Stock impact report

Novanta: A Trusted Yet Premium Technology Partner Apr. 06, 2025 2:02 AM ET [Seeking Alpha]

Novanta Inc. - Common Shares (NOVT) 
Last novanta inc. - common shares earnings: 2/26 06:59 am Check Earnings Report
US:NASDAQ Investor Relations: investors.novanta.com
Company Research Source: Seeking Alpha
The company is a key technology partner for global OEMs, with balanced revenue from advanced industrial and medical applications, boasting strong EBITDA margins. Despite a recent acquisition and increased sales, competitive dynamics, and macroeconomic challenges have pressured growth; shares are now trading at a lower, yet still premium, multiple. With debt reduced and growth returning, shares deserve a premium, but need to fall below $100 for a more attractive valuation. Looking for a helping hand in the market? Members of Value In Corporate Events get exclusive ideas and guidance to navigate any climate. Learn More » EschCollection In the fall of 2023, I called Novanta ( NASDAQ: NOVT an interesting, yet expensive hidden gem. Forwarding about one and a half years in time, the company has seen solid growth, even after it has not lived up to its 2024 expectations. If you like to see more ideas, please subscribe to the premium service "Value in Corporate Events" here and Show less Read more
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