Novanta Inc. Tangible Equity Units
Novanta Inc. Tangible Equity Units (NOVTU) Stock Overview
Explore Novanta Inc. Tangible Equity Units’s financial performance, market position, analyst ratings, and future outlook.
Key Financials
Key Financials
Market Cap
2.3B
P/E Ratio
62.83
EPS (TTM)
N/A
ROE
0.05%
NOVTU Stock Analysis & Investment Overview
Our comprehensive AI-powered analysis of Novanta Inc. Tangible Equity Units (NOVTU) provides investors with deep insights into the stock's performance, growth potential, and market positioning. With a Meyka AI Score of B, this stock demonstrates moderate investment characteristics based on our advanced machine learning models.
The current technical analysis reveals key indicators including an RSI of 59.38, suggesting the stock is in a neutral condition. Our forecasting models predict significant price movements, with a 12-month target of $104.04.
Key financial metrics showcase the company's fundamental strength, including a P/E ratio of 62.83 and a market capitalization of 2.3B. These metrics, combined with our AI analysis, provide a comprehensive view for both institutional and retail investors.