How to Buy Novanta Stock
Novanta Inc
Novanta Inc. , together with its subsidiaries, designs, manufactures, markets, and sells photonics, vision, and precision motion components and sub-systems to original equipment manufacturers in the medical and industrial markets worldwide.
Novanta stock last closed at $118.58, down 0.63% from the previous day, and has decreased 13.24% in one year. It has underperformed other stocks in the Scientific & Technical Instruments industry by 0.33 percentage points. Novanta stock is currently +20.67% from its 52-week low of $98.27, and -20.92% from its 52-week high of $149.95.
There are currently 35.68M NOVT shares outstanding. The market cap of NOVT is $4.23B. In the last 24 hours, 407,000 NOVT shares were traded.
How to Buy Novanta Stock
Wondering how to invest in Novanta stock? Here's how.
- Choose where to buy Novanta stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you choose where to buy Novanta stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your investment account: Pick your payment method and add your details.
- Research Novanta stock: The Novanta ticker symbol is NOVT. Is Novanta stock a good investment? Should you buy shares of NOVT? How do NOVT's underlying business fundamentals look? Do top analysts think Novanta is a good buy? Why has NOVT's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if NOVT is a good stock to buy).
- Make your NOVT purchase: Decide if you will purchase NOVT shares at the current market price or use a limit order to buy NOVT stock at a particular price.
- Keep tabs on your investment in NOVT: Create a watchlist to key updates about your investment in Novanta stock.
Step 1: Choose where to buy Novanta stock
You need a brokerage account to access the NASDAQ market and buy NOVT shares.
Our recommended brokerage: eToro
Based on our experience, eToro is the best stock brokerage. eToro gives you:
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Get $10 towards your share purchase by opening an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen your brokerage, it's time to fill out some personal information so you can buy NOVT today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to create a new brokerage account.
- Send your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've created your account on the best stock trading app, your next step is to transfer the money for your investment:
Check out this video walkthrough if you need help transferring funds into your new brokerage account.
Step 4: Research Novanta stock
After you have identified the best place to buy Novanta stock, it's critical to research their stock before you invest, so you can wrap your head around the risk and upside.
Novanta shares data
NOVT Due Diligence Checks
WallStreetZen was created to help part-time investors do more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on NOVT's stock page.
Is NOVT stock undervalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge NOVT's intrinsic value.
Using relative valuations measures:
- NOVT could be undervalued based on its P/E ratio of 80.67x, relative to Scientific & Technical Instruments industry P/E ratio of 80.77x
- NOVT may be undervalued based on its P/B ratio of 3.22x, relative to Scientific & Technical Instruments industry P/B ratio of 4.35x
- NOVT could be undervalued based on its PEG ratio of 0.68x
You can access additional valuation analysis on NOVT's stock here.
NOVT Financial Health
Passed Health Checks:
- There are more short-term assets than short-term liabilities on the NOVT balance sheet.
- Total NOVT debt is lower than 5 years ago, relative to shareholder equity.
- NOVT's operating cash flow of $64.06M allows it to safely service it's debt of $299.56M.
- There are more short-term assets than long-term liabilities on the NOVT balance sheet.
- NOVT has a low debt to equity ratio of 0.38.
Failed Health Checks:
- NOVT profit margin has gone down from 6.8% to 5.5% in the past year.
- NOVT earnings of $91.11M is not enough to cover its interest payments.
You can dive deeper into what analysts are forecasting on the Novanta stock forecast page.
NOVT Technicals
NOVT Growth Numbers
Last year, NOVT earnings were $53.83M. In the last 5 year, NOVT's earnings have grown by 2.97% per year. This was slower than the Scientific & Technical Instruments industry average of 4.59%.
Last year, NOVT revenue was $980.60M. In the past five year, NOVT's revenue has grown by 10.67% per year. This was faster than the Scientific & Technical Instruments industry average of 9.73%.
You can analyze NOVT's earnings and revenue performance here.
Latest Insiders Trades at NOVT
Over the last 12 months, executives and large shareholders at NOVT have sold more shares than they have bought.
Robert Buckley, Chief Financial Officer of NOVT, was the latest NOVT insider to buy. They bought $140,692.41 worth of NOVT stock on Mar 16, 2026.
Research more about who owns NOVT shares here.
Can I get consistent income from NOVT stock?
No, Novanta doesn't provide an income stream by paying out dividends.
What others are saying about NOVT
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Make your NOVT purchase
You have two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually the easiest way to buy. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a given price limit, place a limit order.
Click the Open button and eToro will execute the order.
If you need more assistance investing in stocks on eToro, watch the how to video below:
Step 6: Keep tabs on your investment in NOVT
Now that you own some shares in NOVT, you'll want to stay up-to-date on your new company.
Add NOVT to a watchlist to get notified of the latest news about your NOVT stock.
NOVT Feed
How to Buy Stock in Novanta
To summarize, here are the 6 steps to buy stock in Novanta:
- Choose where to buy Novanta stock
- Sign up for a brokerage account
- Fund your investment account
- Research Novanta stock
- Make your NOVT purchase
- Keep tabs on your investment in NOVT
If you are looking for a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to track your investment in Novanta, create your watchlist below.
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