Novanta (NASDAQ:NOVT – Get Free Report) and Senstar Technologies (NASDAQ:SNT – Get Free Report) are both technology companies, but which is the better stock? We will contrast the two businesses based on the strength of their profitability, dividends, earnings, valuation, risk, analyst recommendations and institutional ownership.
Volatility and Risk
Novanta has a beta of 1.67, suggesting that its stock price is 67% more volatile than the S&P 500. Comparatively, Senstar Technologies has a beta of 2.27, suggesting that its stock price is 127% more volatile than the S&P 500.
Insider & Institutional Ownership
98.3% of Novanta shares are owned by institutional investors. Comparatively, 20.7% of Senstar Technologies shares are owned by institutional investors. 1.2% of Novanta shares are owned by insiders. Comparatively, 24.3% of Senstar Technologies shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Analyst Recommendations
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Novanta | 0 | 1 | 1 | 1 | 3.00 |
| Senstar Technologies | 1 | 0 | 0 | 0 | 1.00 |
Novanta presently has a consensus price target of $194.00, indicating a potential upside of 36.44%. Given Novanta’s stronger consensus rating and higher possible upside, equities research analysts clearly believe Novanta is more favorable than Senstar Technologies.
Profitability
This table compares Novanta and Senstar Technologies’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Novanta | 6.00% | 10.83% | 7.53% |
| Senstar Technologies | 1.34% | 1.16% | 0.91% |
Valuation & Earnings
This table compares Novanta and Senstar Technologies”s revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Novanta | $980.60 million | 5.48 | $53.83 million | $1.56 | 91.15 |
| Senstar Technologies | $36.80 million | 1.03 | $3.22 million | $0.02 | 81.00 |
Novanta has higher revenue and earnings than Senstar Technologies. Senstar Technologies 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 Senstar Technologies on 13 of the 15 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 Senstar Technologies
Senstar Technologies Corporation provides physical, video, and access control security products and solutions worldwide. It offers solutions for critical sites, which leverage its portfolio of perimeter intrusion detection systems, and video management software with intelligent video analytics security solutions, as well as access control products and technologies. The company's solutions and products are optimized for perimeter, outdoor, and general security applications. Its portfolio of critical infrastructure protection and site protection technologies includes various smart barriers and fences, fence mounted sensors, virtual gates, buried and concealed detection systems, and sensors for sub-surface intrusion, such as to secure pipelines, as well as video analytics software and video management systems. Senstar Technologies Corporation was incorporated in 1984 and is based in Ottawa, Canada.
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