NOVT NASDAQ Week ended 31 Jul 2026

Weekly Investor Report

Novanta Inc · Technology · Scientific & Technical Instruments

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Latest close 142.6 USD
0.7% latest week
Weekly setup

Mixed setup

The weekly trend is active. Price is 1.7% above the Trend Line and sits at 60.2% of its 52-week range. The latest completed week returned 0.7%, after a -11.9% four-week move. The latest factor snapshot indicates quality is middle-of-the-pack; growth ranks weakly; valuation is expensive relative to peers. Options positioning is volatility with 48/100 conviction, while the latest news-sentiment score is 51/100. Near-term considerations: volume confirmation is below normal; earnings are due in 2d.

Setup score 47 out of 100
Latest Close 142.6 USD 31 Jul 2026
1W Return 0.7% latest completed week
4W Return -11.9% short-term follow-through
12W Return 3.1% quarterly tape
Trend Breadth 48.1% 25 of 52 weeks active
Volume Ratio 0.8x vs 13-week average
What is working
  • The trend backdrop is active with a 16-week active streak.
  • Price is above the Trend Line, keeping the weekly tape constructive.
  • Activity pressure is positive on the latest completed week.
  • Activity pressure is constructive, supporting the smart-money activity read.
What could go wrong
  • Price is below Fair Value, so the market is still discounting the latest tape.
What to watch next
  • Trend Line remains the key weekly regime level.
  • Activity pressure is the gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
Price follow-through 0.7% Latest completed week; four-week move -11.9%. Indicator stack 71/42 Trend and activity pressure are weighted against the latest 12-week confirmation window. Trend backdrop Active The trend backdrop defines the current weekly regime. Patient Capital Quiet Activity-pressure buy-signal status for institutional accumulation timing. Options pressure Volatility 48/100 conviction; expected move 12.5%. News sentiment 51/100 50 relevant articles in the latest sentiment read. Event risk 2d Next report is scheduled for 04 Aug 2026; event risk rises as the date approaches.
01 · Price action

Where price is—and whether the trend supports it

The weekly trend is active. Price is 1.7% above the Trend Line and sits at 60.2% of its 52-week range. The latest completed week returned 0.7%, after a -11.9% four-week move.

Study the full chart

52-week price path

Price vs Trend Line and Fair Value
Price Trend Line Fair Value
02 · Volume and demand

Is real participation confirming the move?

Latest weekly volume is 0.8x the 13-week average. Participation is below its recent norm, so price strength is not receiving full volume confirmation.

26-week volume confirmation

Bar height shows volume; colour shows the weekly price direction
6 Feb 13 Feb 20 Feb 27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun 19 Jun 26 Jun 3 Jul 10 Jul 17 Jul 24 Jul 31 Jul
Up week Down week
Demand beneath price

Activity pressure and institutional-style signals

These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.

Activity pressure path

Latest 0.8512-week average 0.66

12-week confirmation

Trend active12/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure12/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership12/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.85Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers0No reversal markers

No recent accumulation markers. No reversal markers.

03 · Momentum and leadership

Is performance persistent—and is the stock leading?

Performance is -11.9% over four weeks, 3.1% over 12 weeks, and 18.7% over one year. The current trend has remained active for 16 consecutive weeks.

Performance by holding period

1W0.7%
4W-11.9%
12W3.1%
26W6.0%
52W18.7%
Active trend streak16 weeks
Active weeks in one year25
Trend breadth48.1%

Activity pressure vs relative leadership

Activity pressureRelative leadership
Pressure0.00Latest activity-pressure read.
Pressure change-100.0%Four-week change in activity pressure.
Leadership1.80Latest relative-leadership reading.
RS change-83.5%Four-week change in relative leadership.
04 · Fundamentals and valuation

What investors are paying for—and the quality behind it

The latest factor snapshot indicates quality is middle-of-the-pack; growth ranks weakly; valuation is expensive relative to peers.

Open full factor analysis
Factor week 26 Jul 2026 Financial statements through 31 Mar 2026 Field coverage 97% Model confidence 93%

Relative factor standing

Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.

Overall factor strength8/100Blend of value, momentum, and quality. Underlying universe rank 93; rank 1 is best.
Value3/100Relative valuation strength. Underlying universe rank 98; rank 1 is best.
Quality23/100Profitability and accounting quality. Underlying universe rank 78; rank 1 is best.
Momentum67/100Medium-term price momentum. Underlying universe rank 34; rank 1 is best.
Growth9/100Revenue and earnings growth. Underlying universe rank 92; rank 1 is best.
How to read this

Quality and valuation are separate questions

A strong company can still carry a demanding valuation. This report shows profitability, growth, balance-sheet strength, and the price paid for those characteristics separately.

Value-quality framework14/100Value and quality alignment from the Sharemaestro SVQF framework.

Valuation

How much investors are paying for earnings, sales, and cash flow.

P/E
93.8x
Price divided by trailing earnings.
Price / sales
5.0x
Market value relative to trailing revenue.
EV / EBITDA
33.0x
Enterprise value relative to operating cash earnings.
Free-cash-flow yield
2.0%
Free cash flow as a share of enterprise value.

Business quality

Margins and the return generated on invested capital.

Gross margin
41.5%
Gross profit retained from each unit of revenue.
Operating margin
8.7%
Operating profit retained from revenue.
Free-cash-flow margin
9.8%
Free cash flow generated from revenue.
Return on invested capital
5.6%
Operating return generated on invested capital.

Growth and financial strength

Recent business growth and accounting strength.

Revenue growth
5.6%
Latest one-year revenue growth.
EPS growth
-23.9%
Latest one-year earnings-per-share growth.
Free-cash-flow growth
-43.1%
Latest one-year free-cash-flow growth.
Piotroski F-score
5/9
Nine-point accounting-strength checklist.

Shareholder return and balance sheet

Cash returned to owners and financial leverage.

Dividend yield
-
Cash dividends relative to market value.
Buyback yield
-11.2%
Net share repurchases relative to market value.
Shareholder yield
-11.2%
Dividend yield plus net buyback yield.
Net debt / EBITDA
-0.7x
Balance-sheet debt relative to operating cash earnings.
05 · Ownership, options, and sentiment

What other market participants are doing

Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.

Options positioningVolatility

NOVT shows volatility options pressure with a 48/100 conviction score, put-call volume ratio of 1.61, expected move of 12.5%, and Sharemaestro trend signal active.

Conviction48/100
Expected move12.5%
Put/call volume1.61
Pressure-35
Speculation40
Volatility86
Trend agreement61
Open options detail
Insider activity0 / 18

0 acquisitions and 18 disposals in the latest 180-day insider tape.

Acquisitions / disposals over the latest 180 days. Insider activity is context, not a stand-alone signal.
News sentiment51/100

Weighted news tone is neutral across 50 relevant articles.

10 positive · 34 neutral · 6 negative
Patient CapitalQuiet

Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.

No recent buy signal
06 · Catalysts and risk

What can move the shares—and how volatile the path has been

Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.

Next earnings2dNext report is scheduled for 04 Aug 2026; event risk rises as the date approaches.
Options expected move12.5%Nearest-chain priced movement where available.
52-week drawdown-17.0%Distance below the 52-week high.
13-week volatility4.6%Standard deviation of weekly returns.

Weekly gains and losses

Latest 26 completed weeks

Each bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.

Weeks higher13 of 2613 weeks finished lower.
Best week+10.6%Week of 15 May.
Worst week-11.0%Week of 13 Mar.
Latest week+0.7%Week of 31 Jul.

Shape of recent returns

Strong gains6
Modest gains7
Flat weeks0
Modest losses8
Sharp losses5
Recent vol4.6%13-week weekly-return volatility.
Base vol6.5%52-week weekly-return volatility.
Up/down split27/25Count of positive and negative weeks in the 52-week window.
Average skew5.0% / -4.3%Average positive week versus average negative week.
07 · Sector and peer context

Is this stock leading—or simply moving with its group?

Sector and industry breadth distinguish company-specific strength from a broad group move.

08 · Evidence and weekly data

The underlying research record

Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.

Weekly tape52/100

Trend, activity pressure, participation, and risk combine to a 52/100 tape read.

 Indicator analysis89/100

Latest 12-week confirmation: trend 12/12, activity pressure 12/12, relative leadership 12/12.

Activity pressure 0.85; No reversal markers Factors23/100

O'Shaughnessy factor stack blends value, quality, momentum, and confidence.

Buyback Yield rank 87; Small Cap Core rank 99 SVQF14/100

Value and quality alignment from the Sharemaestro SVQF framework.

Composite rank 621.0 of 726 Patient CapitalQuiet

Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.

No recent buy signal Options52/100

NOVT shows volatility options pressure with a 48/100 conviction score, put-call volume ratio of 1.61, expected move of 12.5%, and Sharemaestro trend signal active.

Volatility · Volatility expansion watch · Expected move 12.5% Sentiment51/100

Weighted news tone is neutral across 50 relevant articles.

NOVT|Novanta Inc|Price:140.775|Chg%:-0.765 Insiders0 / 18

0 acquisitions and 18 disposals in the latest 180-day insider tape.

 Earnings2d

Next report is scheduled for 04 Aug 2026; event risk rises as the date approaches.
WeekCloseReturnTrend LineFair ValuePressureLeadershipVolumeTrend
31 Jul 2026142.6 USD0.7%140.2 USD145.0 USD0.001.802.1MOn
24 Jul 2026141.5 USD-4.8%139.1 USD145.2 USD0.431.541.8MOn
17 Jul 2026148.7 USD-5.1%138.5 USD145.4 USD0.914.792.0MOn
10 Jul 2026156.7 USD-3.1%137.5 USD145.6 USD1.195.743.0MOn
3 Jul 2026161.7 USD2.6%136.3 USD145.8 USD1.3010.902.6MOn
26 Jun 2026157.6 USD1.4%134.7 USD145.9 USD1.348.833.6MOn
19 Jun 2026155.3 USD-3.3%133.3 USD146.0 USD1.222.312.4MOn
12 Jun 2026160.5 USD2.7%131.7 USD146.1 USD1.108.382.8MOn
5 Jun 2026156.3 USD-1.9%129.8 USD146.2 USD0.987.852.7MOn
29 May 2026159.3 USD-0.2%128.1 USD146.3 USD0.684.801.9MOn
22 May 2026159.7 USD4.4%127.0 USD146.3 USD0.407.851.9MOn
15 May 2026153.0 USD10.6%126.0 USD146.4 USD0.144.433.9MOn
8 May 2026138.3 USD8.2%124.4 USD146.4 USD-0.26-6.212.2MOn
1 May 2026127.9 USD-4.6%123.1 USD146.6 USD-0.43-9.022.3MOn
How to use this report

This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.