Novanta (NASDAQ:NOVT – Get Free Report) and Allient (NASDAQ:ALNT – Get Free Report) are both computer and technology companies, but which is the superior stock? We will contrast the two businesses based on the strength of their risk, analyst recommendations, dividends, profitability, valuation, institutional ownership and earnings.
Profitability
This table compares Novanta and Allient’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Novanta | 5.50% | 14.53% | 7.82% |
| Allient | 3.50% | 11.49% | 5.52% |
Analyst Recommendations
This is a summary of current ratings and target prices for Novanta and Allient, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Novanta | 2 | 1 | 0 | 0 | 1.33 |
| Allient | 0 | 4 | 1 | 1 | 2.50 |
Risk and Volatility
Novanta has a beta of 1.59, meaning that its share price is 59% more volatile than the S&P 500. Comparatively, Allient has a beta of 1.59, meaning that its share price is 59% more volatile than the S&P 500.
Insider & Institutional Ownership
98.4% of Novanta shares are owned by institutional investors. Comparatively, 61.6% of Allient shares are owned by institutional investors. 1.2% of Novanta shares are owned by insiders. Comparatively, 15.6% of Allient shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
Valuation & Earnings
This table compares Novanta and Allient”s revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Novanta | $949.24 million | 4.62 | $64.09 million | $1.47 | 83.43 |
| Allient | $529.97 million | 1.80 | $13.17 million | $1.12 | 50.31 |
Novanta has higher revenue and earnings than Allient. Allient is trading at a lower price-to-earnings ratio than Novanta, indicating that it is currently the more affordable of the two stocks.
Summary
Novanta beats Allient on 10 of the 14 factors compared between the two stocks.
About Novanta
Novanta, Inc. engages in the provision of core technology solutions to healthcare and advanced industrial original equipment manufacturers. It operates through the following segments: Photonics, Vision, and Precision Motion. The Photonics segment designs, manufactures, and markets photonics-based solutions, including laser scanning and laser beam delivery, CO2 laser, continuous wave and ultrafast laser, and optical light engine products. The Vision segment offers a range of medical grade technologies, including medical insufflators, pumps and related disposables, surgical displays and operating room integration technologies, optical data collection and machine vision technologies, radio frequency identification technologies, thermal printers, spectrometry technologies, and embedded touch screen solutions. The Precision Motion segment includes optical encoders, precision motor and motion control technology, air bearing spindles, and precision machined components to customers. The company was founded in 1968 and is headquartered in Bedford, MA.
About Allient
Allient Inc., together with its subsidiaries, designs, manufactures, and sells precision and specialty controlled motion components and systems for various industries in the United States, Canada, South America, Europe, and Asia-Pacific. It offers brush and brushless DC motors, brushless servo and torque motors, coreless DC motors, integrated brushless motor-drives, gearmotors, gearing, modular digital servo drives, motion controllers, optical encoders, active and passive filters, input/output modules, industrial communications gateways, light-weighting technologies, and other controlled motion-related products, as well as nano precision positioning systems, servo control systems, and digital servo amplifiers and drives. The company sells its products to end customers and original equipment manufacturers in vehicle, medical, aerospace and defense, and industrial markets through direct sales force, authorized manufacturers’ representatives, and distributors. The company was formerly known as Allied Motion Technologies Inc. and changed its name to Allient Inc. in August 2023. Allient Inc. was incorporated in 1962 and is headquartered in Amherst, New York.
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