How to buy Novanta shares

Learn how to easily invest in Novanta shares.

Novanta Inc (NOVT) is a publicly traded scientific and technical instruments business based in the US which employs around 2,900 staff. Novanta is listed on the NASDAQ and traded in US dollars. Its current price of $171.19 is 3.4% down on its price a month ago ($177.15).

How to buy shares in Novanta

  1. Open a brokerage account. Choose from our top broker picks or compare brokers in depth. Then, complete an application.
  2. Fund your account. Add money to your account via bank transfer, debit card or credit card.
  3. Search the platform by ticker symbol. NOVT in this case.
  4. Choose an order type. Place a market order or limit order with your preferred number of shares or dollar amount.
  5. Submit the order. It's that simple.
The whole process can take as little as 15 minutes. You'll need a smartphone or computer, an internet connection, your passport or driving licence and a means of payment.

Our top picks for where to buy Novanta shares

Best for 0% commission stocks
eToro logo
Finder Award
Go to site
Capital at risk. T&Cs apply.
Copy picks from top traders
Commission-free trades
Fractional shares
Get dividend payments
Best for fractional shares
XTB logo
Go to site
Capital at risk. T&Cs apply.
Earn 4.75% on uninvested funds
Commission-free trades
Fractional shares
5,400+ stocks/ETFs
Best for US shares
CMC Invest logo
Finder Award
Go to site
Capital at risk. T&Cs apply.
Try Plus free for 3 months
Commission-free trades
3,000+ stocks
Real-time live pricing

Fees calculator for buying Novanta shares with popular apps

Both exchange rates and share prices fluctuate in real time, so the costs estimated here should be considered as a guide only. They don't factor in spreads, which can be hard to pin down. Always refer to the platform itself for availability and pricing.

Quantity of shares

10
Platform Finder Score Account fee Min. initial deposit Trade cost Link
eToro logo
9 Excellent
£0 $100 £1,358.23
Go to siteCapital at risk
Freetrade logo
9.1 Excellent
£0 £1 £1,361.47
Go to siteCapital at risk
XTB logo
9 Excellent
£0 £0 £1,354.86
Go to siteCapital at risk
CMC Invest logo
9 Excellent
£0 £0 £1,354.86
Go to siteCapital at risk
Hargreaves Lansdown logo
8.5 Great
£0 (0.45% for funds) £1 £1,373.55
Go to siteCapital at risk

Full comparison of share dealing platforms

These providers cover a wide range of stocks, but we can't guarantee they'll all offer this stock.

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.


Alternative ways to invest in Novanta

Buying shares in just one company is generally considered a riskier bet than investing in a range of investments - AKA a "diversified portfolio". Experts generally recommend holding a mix of investments in specific assets and funds. Funds are ready-made portfolios of multiple companies' shares (potentially including Novanta), and the idea is that drops in the value of one constituent company's share price might be offset by rises in others.

Novanta is a major part of the NASDAQ, so it's included in many global funds and investment trusts, as well as tracker-style exchange traded funds (ETFs).

Winners | Emails | Unsubscribe | Privacy

Is it a good time to buy Novanta stock?

Review technicals and fundamentals to help you determine if now's a good time for you to invest.

Technical analysis

View Novanta's price performance, share price volatility, historical data and technicals.

Use our graph to track the performance of NOVT stock over time.

Historical closes compared with the last close of $171.19

1 week (2024-12-10) -3.33%
1 month (2024-11-17) -3.36%
3 months (2024-09-17) -7.54%
6 months (2024-06-17) 7.39%
1 year (2023-12-17) 33.21%
2 years (2022-12-17) 25.78%
3 years (2021-12-17) 2.89%
5 years (2019-12-17) 92.48%

The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.

Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.

Promoted
eToro
Invest in Novanta shares
Finder AwardFree Trades
  • Over 5,500+ stocks from 20 exchanges
  • Free to open an account
  • Commission-free trading
Go to site
Capital at risk
Other fees may apply

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.


Is Novanta under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value. Check out the Novanta P/E ratio, PEG ratio and EBITDA.

Novanta's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 100x. In other words, Novanta's shares trade at around 100x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the United States stock markets on average as of November 09, 2023 (20.44). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Novanta's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.11. A PEG ratio over 1 can be interpreted as meaning shares are overvalued at the current rate of growth, or may anticipate an acceleration in growth.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Novanta's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Novanta's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $161.5 million (£127.2 million).

The EBITDA is a measure of Novanta's overall financial performance and is widely used to measure a its profitability.

Frequently asked questions

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.


More resources on Finder

More guides on Finder

Go to site