NasdaqGS:NOVTElectronic
A Look At Novanta (NOVT) Valuation As Slower Demand And Weaker Cash Flow Raise Questions
Why Novanta’s recent trends are drawing fresh investor attention
Recent commentary around Novanta (NOVT) centers on slowing demand, with 4% annualized revenue growth over the past two years, flat earnings per share, and a 3.7 percentage point drop in free cash flow margin.
See our latest analysis for Novanta.
At a share price of $133.35, Novanta’s recent pattern has been a sharp 26.46% 90 day share price return paired with a softer picture over longer periods, including a 10.27% decline in 1...