ABCO Energy (OTCMKTS:ABCE) and Novanta (NASDAQ:NOVT) Head to Head Comparison

ABCO Energy (OTCMKTS:ABCE) and Novanta (NASDAQ:NOVT) are both computer and technology companies, but which is the superior business? We will compare the two companies based on the strength of their earnings, dividends, risk, institutional ownership, valuation, profitability and analyst recommendations.

Earnings and Valuation

This table compares ABCO Energy and Novanta”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
ABCO Energy	N/A	N/A	N/A	N/A	N/A
Novanta	$949.24 million	4.94	$64.09 million	$1.47	89.07

Novanta has higher revenue and earnings than ABCO Energy.

Analyst Recommendations

This is a summary of current ratings for ABCO Energy and Novanta, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
ABCO Energy	0	0	0	0	0.00
Novanta	2	1	0	0	1.33

Novanta has a consensus target price of $133.00, suggesting a potential upside of 1.57%. Given Novanta’s stronger consensus rating and higher probable upside, analysts plainly believe Novanta is more favorable than ABCO Energy.

Insider and Institutional Ownership

98.4% of Novanta shares are held by institutional investors. 0.1% of ABCO Energy shares are held by company insiders. Comparatively, 1.2% of Novanta shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Profitability

This table compares ABCO Energy and Novanta’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
ABCO Energy	N/A	N/A	N/A
Novanta	5.50%	14.53%	7.82%

Summary

Novanta beats ABCO Energy on 8 of the 8 factors compared between the two stocks.

About ABCO Energy

ABCO Energy, Inc., together with its subsidiaries, operates as an electrical product and services supplier in the United States. The company sells and installs solar photovoltaic electric systems that allow customers to produce power on their residence or business property. It also sells and installs energy efficient lighting products, solar powered streetlights, and lighting accessories to residential and commercial customers. In addition, the company offers solar leasing and long term financing programs to its customers, and other marketing and installation organizations. Further, the company provides operations and maintenance services to residential and commercial customers. The company was formerly known as ENYC and changed its name to ABCO Energy, Inc. in October 2011. ABCO Energy, Inc. was founded in 2004 and is based in Tucson, Arizona.

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.