Harry Bosco - Novanta Independent Director

NOVT Stock  USD 159.89  0.24  0.15%   

Director

Mr. Harry L. Bosco is Independent Director of GSI Group Inc. Mr. Bosco served as President and Chief Executive Officer of Opnext, Inc., a global leader in the design and manufacture of optical modules, components and subsystems for the telecom industry, from December 9, 2010 to July 23, 2012, and previously served as the President and Chief Executive Officer of Opnext from November 2000 until March 31, 2009. Mr. Bosco also served as a Director of Opnext from November 2000 and as Chairman of the Board of Opnext from April 1, 2009 until July 23, 2012. On July 23, 2012, Opnext merged with Oclaro, Inc., a tierone provider and innovator of optical communications and laser solutions and Mr. Bosco stepped down as President, Chief Executive Officer and Chairman of Opnext and became a Director of Oclaro until January 2014. Mr. Bosco served in various management, engineering and executive positions at Lucent Technologies, ATT and Bell Laboratories from 1965 until October 2000, including as Optical Networking Group President since 2012.
Age 69
Tenure 12 years
Address 125 Middlesex Turnpike, Bedford, MA, United States, 01730
Phone781 266 5700
Webhttps://www.novanta.com
Bosco holds an Associate of Science and BS in Electrical Engineering from Pennsylvania State University/Monmouth University and a Master’s degree in Electrical Engineering from Polytechnic Institute of New York.

Novanta Management Efficiency

The company has return on total asset (ROA) of 0.0596 % which means that it generated a profit of $0.0596 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1165 %, meaning that it created $0.1165 on every $100 dollars invested by stockholders. Novanta's management efficiency ratios could be used to measure how well Novanta manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0.13 in 2024. Return On Capital Employed is likely to gain to 0.12 in 2024. At this time, Novanta's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Non Current Liabilities Total is likely to gain to about 434.1 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 106.1 M in 2024.
The company currently holds 404.56 M in liabilities with Debt to Equity (D/E) ratio of 0.87, which is about average as compared to similar companies. Novanta has a current ratio of 1.97, which is within standard range for the sector. Debt can assist Novanta until it has trouble settling it off, either with new capital or with free cash flow. So, Novanta's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Novanta sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Novanta to invest in growth at high rates of return. When we think about Novanta's use of debt, we should always consider it together with cash and equity.

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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 Inc. was founded in 1968 and is headquartered in Bedford, Massachusetts. Novanta operates under Scientific Technical Instruments classification in the United States and is traded on NASDAQ Exchange. It employs 2700 people. Novanta (NOVT) is traded on NASDAQ Exchange in USA. It is located in 125 Middlesex Turnpike, Bedford, MA, United States, 01730 and employs 2,900 people. Novanta is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification.

Management Performance

Novanta Leadership Team

Elected by the shareholders, the Novanta's board of directors comprises two types of representatives: Novanta inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Novanta. The board's role is to monitor Novanta's management team and ensure that shareholders' interests are well served. Novanta's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Novanta's outside directors are responsible for providing unbiased perspectives on the board's policies.
Stephen Bershad, Independent Chairman of the Board
Ray Nash, Corp Leader
Michele Welsh, General Secretary
Sarah Betadam, Chief Officer
Dominic Romeo, Independent Director
Heinrich Dreyer, Group Solutions
Ira Lamel, Independent Director
Lonny Carpenter, Independent Director
Brian King, Independent Director
Peter Chang, Corporate Officer
Brian Young, Chief Human Resource Officer
Charlie Webster, Executive Chain
Thomas Secor, Independent Director
Matthijs Glastra, CEO Chairman
Dennis Fortino, Independent Director
John Roush, CEO, Director
Anna Fain, Equity Diversity
Harry Bosco, Independent Director
Chuck Ravetto, Group Group
Robert Buckley, Chief Officer

Novanta Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Novanta a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Novanta Investors Sentiment

The influence of Novanta's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Novanta. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Novanta's public news can be used to forecast risks associated with an investment in Novanta. The trend in average sentiment can be used to explain how an investor holding Novanta can time the market purely based on public headlines and social activities around Novanta. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Novanta's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Novanta's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Novanta's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Novanta.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Novanta in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Novanta's short interest history, or implied volatility extrapolated from Novanta options trading.

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When determining whether Novanta is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Novanta Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Novanta Stock. Highlighted below are key reports to facilitate an investment decision about Novanta Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Novanta. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For more information on how to buy Novanta Stock please use our How to Invest in Novanta guide.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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When running Novanta's price analysis, check to measure Novanta's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Novanta is operating at the current time. Most of Novanta's value examination focuses on studying past and present price action to predict the probability of Novanta's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novanta's price. Additionally, you may evaluate how the addition of Novanta to your portfolios can decrease your overall portfolio volatility.
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Is Novanta's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Novanta. If investors know Novanta will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Novanta listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.19)
Earnings Share
2.01
Revenue Per Share
24.597
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0596
The market value of Novanta is measured differently than its book value, which is the value of Novanta that is recorded on the company's balance sheet. Investors also form their own opinion of Novanta's value that differs from its market value or its book value, called intrinsic value, which is Novanta's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Novanta's market value can be influenced by many factors that don't directly affect Novanta's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Novanta's value and its price as these two are different measures arrived at by different means. Investors typically determine if Novanta is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Novanta's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.