C
Novanta Inc. NOVT
$142.99 $1.020.72%
Recommendation
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Volume
Avg Vol (90D)
Market Cap
Dividend & Yield
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52-Week Range
P/E (TTM)
EPS (TTM)
C
Hold 10/20/2023Downgrade
Novanta Inc. (NOVT) was downgraded to C from C+ on 10/20/2023 due to a decline in the total return index and volatility index.
C
Hold 8/9/2023Downgrade
Novanta Inc. (NOVT) was downgraded to C+ from B- on 8/9/2023 due to a major decline in the total return index and efficiency index.
B
Buy 7/28/2023Upgraded
Novanta Inc. (NOVT) was upgraded to B- from C+ on 7/28/2023 due to a large increase in the total return index.
C
Hold 7/5/2023Downgrade
Novanta Inc. (NOVT) was downgraded to C+ from B- on 7/5/2023 due to a large decline in the total return index and valuation index.
B
Buy 6/20/2023Upgraded
Novanta Inc. (NOVT) was upgraded to B- from C+ on 6/20/2023 due to an increase in the total return index, solvency index and volatility index. The quick ratio increased from 1.45 to 1.57, and debt to equity declined from 0.77 to 0.72.
C
Hold 4/20/2023Downgrade
Novanta Inc. (NOVT) was downgraded to C+ from B- on 4/20/2023 due to a decline in the total return index and valuation index.
B
Buy 3/31/2023Upgraded
Novanta Inc. (NOVT) was upgraded to B- from C+ on 3/31/2023 due to a noticeable increase in the total return index, growth index and volatility index. Operating cash flow increased 175.17% from $14.76M to $40.61M.
C
Hold 3/1/2023Upgraded
Novanta Inc. (NOVT) was upgraded to C+ from C on 3/1/2023 due to a large increase in the growth index, total return index and valuation index. Earnings per share increased from $0.49 to $0.6295, EBIT increased 10.75% from $27.35M to $30.29M, and total revenue increased 3.53% from $215.36M to $222.96M.
C
Hold 1/19/2022Downgrade
Novanta Inc. (NOVT) was downgraded to C from C+ on 1/19/2022 due to a significant decline in the total return index and volatility index.
C
Hold 12/27/2021Downgrade
Novanta Inc. (NOVT) was downgraded to C+ from B- on 12/27/2021 due to a decline in the total return index and valuation index.
B
Buy 12/10/2021Upgraded
Novanta Inc. (NOVT) was upgraded to B- from C+ on 12/10/2021 due to an increase in the total return index, volatility index and valuation index.
C
Hold 11/11/2021Downgrade
Novanta Inc. (NOVT) was downgraded to C+ from B on 11/11/2021 due to a major decline in the growth index, total return index and efficiency index. Operating cash flow declined 51.65% from $28.75M to $13.9M.
B
Buy 11/4/2021Upgraded
Novanta Inc. (NOVT) was upgraded to B from B- on 11/4/2021 due to a large increase in the total return index and volatility index.
B
Buy 10/19/2021Upgraded
Novanta Inc. (NOVT) was upgraded to B- from C+ on 10/19/2021 due to a noticeable increase in the total return index and volatility index.
C
Hold 8/11/2021Upgraded
Novanta Inc. (NOVT) was upgraded to C+ from C on 8/11/2021 due to a significant increase in the growth index, total return index and solvency index. EBIT increased 36.33% from $16.23M to $22.13M, operating cash flow increased 23.54% from $23.27M to $28.75M, and debt to equity declined from 0.42 to 0.4.
C
Hold 5/13/2021Downgrade
Novanta Inc. (NOVT) was downgraded to C from C+ on 5/13/2021 due to a major decline in the growth index and total return index. Operating cash flow declined 50.02% from $46.55M to $23.27M, earnings per share declined from $0.3598 to $0.32, and EBIT declined 3.49% from $15.37M to $14.83M.
C
Hold 3/3/2021Upgraded
Novanta Inc. (NOVT) was upgraded to C+ from C on 3/3/2021 due to a major increase in the growth index, total return index and solvency index. Earnings per share increased from $0.23 to $0.3598, the quick ratio increased from 1.41 to 1.75, and EBIT increased 13.38% from $13.55M to $15.37M.
C
Hold 5/13/2020Downgrade
Novanta Inc. (NOVT) was downgraded to C from C+ on 5/13/2020 due to a substantial decline in the growth index, total return index and volatility index. Operating cash flow declined 49.85% from $35.41M to $17.76M, EBIT declined 16.79% from $17.92M to $14.91M, and total revenue declined 2.65% from $159.7M to $155.47M.
C
Hold 3/16/2020Downgrade
Novanta Inc. (NOVT) was downgraded to C+ from B- on 3/16/2020 due to a major decline in the total return index and volatility index.
B
Buy 2/28/2020Upgraded
Novanta Inc. (NOVT) was upgraded to B- from C+ on 2/28/2020 due to a major increase in the growth index and solvency index. Operating cash flow increased 406.51% from $6.99M to $35.41M, debt to equity declined from 0.58 to 0.54, and earnings per share increased from $0.25 to $0.2601.
C
Hold 2/27/2020Upgraded
Novanta Inc. (NOVT) was upgraded to C+ from C on 2/27/2020 due to a large increase in the total return index and valuation index.
C
Hold 2/12/2020Downgrade
Novanta Inc. (NOVT) was downgraded to C from C+ on 2/12/2020 due to a decline in the volatility index, valuation index and efficiency index.
C
Hold 11/26/2019Upgraded
Novanta Inc. (NOVT) was upgraded to C+ from C on 11/26/2019 due to an increase in the total return index, valuation index and volatility index.
C
Hold 11/7/2019Downgrade
Novanta Inc. (NOVT) was downgraded to C from B- on 11/7/2019 due to a substantial decline in the growth index, valuation index and total return index. Operating cash flow declined 54.6% from $15.4M to $6.99M, earnings per share declined from $0.29 to $0.25, and EBIT declined 5.52% from $19.42M to $18.35M.
B
Buy 8/6/2019Downgrade
Novanta Inc. (NOVT) was downgraded to B- from B on 8/6/2019 due to a major decline in the total return index and efficiency index.
B
Buy 3/7/2019Upgraded
Novanta Inc. (NOVT) was upgraded to B from B- on 3/7/2019 due to a large increase in the total return index.
B
Buy 3/4/2019Upgraded
Novanta Inc. (NOVT) was upgraded to B- from C+ on 3/4/2019 due to a noticeable increase in the valuation index, total return index and volatility index.
C
Hold 1/17/2019Downgrade
Novanta Inc. (NOVT) was downgraded to C+ from B- on 1/17/2019 due to a decline in the total return index and volatility index.
B
Buy 11/29/2018Downgrade
Novanta Inc. (NOVT) was downgraded to B- from B on 11/29/2018 due to a significant decline in the total return index.
B
Buy 11/14/2018Upgraded
Novanta Inc. (NOVT) was upgraded to B from B- on 11/14/2018 due to a substantial increase in the total return index.
B
Buy 11/8/2018Upgraded
Novanta Inc. (NOVT) was upgraded to B- from C+ on 11/8/2018 due to an increase in the valuation index, growth index and efficiency index. Earnings per share increased from $0.32 to $0.6, operating cash flow increased 37.08% from $19.96M to $27.36M, and net income increased 32.31% from $11M to $14.55M.
C
Hold 10/9/2018Downgrade
Novanta Inc. (NOVT) was downgraded to C+ from B- on 10/9/2018 due to a decline in the total return index.
B
Buy 10/8/2018Downgrade
Novanta Inc. (NOVT) was downgraded to B- from B on 10/8/2018 due to a large decline in the total return index and valuation index.
B
Buy 8/14/2018Upgraded
Novanta Inc. (NOVT) was upgraded to B from B- on 8/14/2018 due to an increase in the growth index, volatility index and solvency index. Earnings per share increased from $0.18 to $0.32, EBIT increased 13.34% from $17.25M to $19.55M, and total revenue increased 2.34% from $146.97M to $150.4M.
B
Buy 5/11/2018Downgrade
Novanta Inc. (NOVT) was downgraded to B- from B on 5/11/2018 due to a substantial decline in the valuation index, growth index and efficiency index. EBIT declined 15.45% from $20.4M to $17.25M, and operating cash flow declined 7.61% from $22.09M to $20.41M.
B
Buy 3/8/2018Upgraded
Novanta Inc. (NOVT) was upgraded to B from B- on 3/8/2018 due to a significant increase in the growth index, total return index and efficiency index. Operating cash flow increased 87.77% from $11.77M to $22.09M, EBIT increased 26.68% from $16.11M to $20.4M, and net income increased 17.7% from $7.53M to $8.87M.
B
Buy 10/30/2017Downgrade
Novanta Inc. (NOVT) was downgraded to B- from B on 10/30/2017 due to a substantial decline in the growth index, volatility index and valuation index. Earnings per share declined from $0.98 to $0.16.
B
Buy 8/1/2017Downgrade
Novanta Inc. (NOVT) was downgraded to B from B+ on 8/1/2017 due to a decline in the valuation index and total return index.
B
Buy 5/15/2017Upgraded
Novanta Inc. (NOVT) was upgraded to B+ from B on 5/15/2017 due to a noticeable increase in the volatility index and total return index.
B
Buy 5/10/2017Upgraded
Novanta Inc. (NOVT) was upgraded to B from C+ on 5/10/2017 due to a significant increase in the valuation index, growth index and efficiency index. Earnings per share increased from $0.2198 to $0.98, net income increased 341.62% from $7.76M to $34.25M, and total capital increased 28.31% from $344.9M to $442.53M.
C
Hold 3/13/2017Downgrade
Novanta Inc. (NOVT) was downgraded to C+ from B- on 3/13/2017 due to a major decline in the growth index and valuation index.
B
Buy 11/25/2016Downgrade
Novanta Inc. (NOVT) was downgraded to B- from B on 11/25/2016 due to a noticeable decline in the growth index, total return index and valuation index. Operating cash flow declined 29.54% from $15.49M to $10.92M.
B
Buy 8/3/2016Upgraded
Novanta Inc. (NOVT) was upgraded to B from B- on 8/3/2016 due to a significant increase in the total return index, growth index and volatility index. Earnings per share increased from $0.05 to $0.14, EBIT increased 103.84% from $5.55M to $11.3M, and operating cash flow increased 86.71% from $8.3M to $15.49M.
B
Buy 3/22/2016Downgrade
GSI Group Inc. (GSIG) was downgraded to B- from B on 3/22/2016 due to a major decline in the volatility index, total return index and valuation index.
B
Buy 3/7/2016Upgraded
GSI Group Inc. (GSIG) was upgraded to B from C- on 3/7/2016 due to a significant increase in the valuation index, efficiency index and growth index.
C
Hold 11/6/2015Downgrade
GSI Group Inc. (GSIG) was downgraded to C- from C on 11/6/2015 due to a noticeable decline in the growth index and total return index. Earnings per share declined from $0.5596 to $0.1898, total revenue declined 4.38% from $96.49M to $92.27M, and EBIT declined 3.21% from $10.73M to $10.39M.
C
Hold 10/29/2015Upgraded
GSI Group Inc. (GSIG) was upgraded to C from C- on 10/29/2015 due to an increase in the volatility index.
C
Hold 10/14/2015Downgrade
GSI Group Inc. (GSIG) was downgraded to C- from C on 10/14/2015 due to a significant decline in the volatility index and valuation index.
C
Hold 5/8/2015Upgraded
GSI Group Inc. (GSIG) was upgraded to C from C- on 5/8/2015 due to a noticeable increase in the growth index, volatility index and solvency index. EBIT increased 8.03% from $7.25M to $7.83M, and total revenue increased 0.64% from $94.01M to $94.61M.
C
Hold 3/11/2015Downgrade
GSI Group Inc. (GSIG) was downgraded to C- from B- on 3/11/2015 due to a substantial decline in the efficiency index, valuation index and growth index. Net income declined 773.7% from $4.53M to -$30.49M, earnings per share declined from $0.1316 to -$0.8861, and operating cash flow declined 36.55% from $13.61M to $8.64M.
B
Buy 2/13/2015Upgraded
GSI Group Inc. (GSIG) was upgraded to B- from C+ on 2/13/2015 due to a large increase in the volatility index, total return index and valuation index.
C
Hold 12/19/2014Upgraded
GSI Group Inc. (GSIG) was upgraded to C+ from C on 12/19/2014 due to a noticeable increase in the growth index, efficiency index and valuation index. Net income increased 524.14% from $725 to $4.53M, earnings per share increased from $0.0211 to $0.1316, and EBIT increased 11.01% from $6.84M to $7.59M.
C
Hold 8/12/2014Downgrade
GSI Group Inc. (GSIG) was downgraded to C from C+ on 8/12/2014 due to a large decline in the growth index and volatility index. Earnings per share declined from $0.0262 to $0.0211.
C
Hold 7/18/2014Upgraded
GSI Group Inc. (GSIG) was upgraded to C+ from C on 7/18/2014 due to an increase in the valuation index.
C
Hold 6/11/2014Downgrade
GSI Group Inc. (GSIG) was downgraded to C from C+ on 6/11/2014 due to a decline in the valuation index.
C
Hold 5/27/2014Upgraded
GSI Group Inc. (GSIG) was upgraded to C+ from C on 5/27/2014 due to an increase in the volatility index and valuation index.
C
Hold 5/9/2014Downgrade
GSI Group Inc. (GSIG) was downgraded to C from C+ on 5/9/2014 due to a decline in the growth index, total return index and solvency index. Operating cash flow declined 89.85% from $14.75M to $1.5M, debt to equity increased from 0.3 to 0.56, and earnings per share declined from $0.1263 to $0.0262.
C
Hold 3/28/2014Downgrade
GSI Group Inc. (GSIG) was downgraded to C+ from B- on 3/28/2014 due to a decline in the valuation index.
B
Buy 3/14/2014Downgrade
GSI Group Inc. (GSIG) was downgraded to B- from B+ on 3/14/2014 due to a significant decline in the valuation index, growth index and efficiency index. Operating cash flow declined 11.97% from $16.76M to $14.75M.
Weiss Ratings