Innovage Holding Corp Stock Revenue
| INNV Stock | USD 4.87 0.07 1.46% |
InnovAge Holding Corp fundamentals help investors to digest information that contributes to InnovAge Holding's financial success or failures. It also enables traders to predict the movement of InnovAge Stock. The fundamental analysis module provides a way to measure InnovAge Holding's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to InnovAge Holding stock.
| Last Reported | Projected for Next Year | ||
| Total Revenue | 763.9 M | 422 M |
InnovAge | Revenue |
InnovAge Holding Corp Company Revenue Analysis
InnovAge Holding's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Current InnovAge Holding Revenue | 763.86 M |
Most of InnovAge Holding's fundamental indicators, such as Revenue, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, InnovAge Holding Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Historical and Projected quarterly revenue of InnovAge
Projected quarterly revenue analysis of InnovAge Holding Corp provides investors and stakeholders with an insight into the company's performance and growth prospects. When actual revenues of InnovAge Holding match or exceed analyst estimates, it positively influences investor confidence and market perception, often leading to a rise in InnovAge Holding's stock price.
InnovAge Revenue Driver Correlations
Understanding the fundamental principles of building solid financial models for InnovAge Holding is extremely important. It helps to project a fair market value of InnovAge Stock properly, considering its historical fundamentals such as Revenue. Since InnovAge Holding's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of InnovAge Holding's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of InnovAge Holding's interrelated accounts and indicators.
| -0.14 | -0.09 | 0.56 | -0.04 | -0.1 | ||
| -0.14 | 1.0 | -0.11 | 0.89 | -0.78 | ||
| -0.09 | 1.0 | -0.1 | 0.9 | -0.81 | ||
| 0.56 | -0.11 | -0.1 | -0.01 | 0.14 | ||
| -0.04 | 0.89 | 0.9 | -0.01 | -0.82 | ||
| -0.1 | -0.78 | -0.81 | 0.14 | -0.82 |
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InnovAge Revenue Historical Pattern
Today, most investors in InnovAge Holding Stock are looking for potential investment opportunities by analyzing not only static indicators but also various InnovAge Holding's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's revenue growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of InnovAge Holding revenue as a starting point in their analysis.
InnovAge Holding Revenue |
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Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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InnovAge Current Deferred Revenue
Current Deferred Revenue |
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Based on the latest financial disclosure, InnovAge Holding Corp reported 763.86 M of revenue. This is 89.98% lower than that of the Health Care Equipment & Supplies sector and significantly higher than that of the Health Care industry. The revenue for all United States stocks is 91.9% higher than that of the company.
InnovAge Revenue Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses InnovAge Holding's direct or indirect competition against its Revenue to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of InnovAge Holding could also be used in its relative valuation, which is a method of valuing InnovAge Holding by comparing valuation metrics of similar companies.InnovAge Holding is currently under evaluation in revenue category among its peers.
InnovAge Holding Current Valuation Drivers
We derive many important indicators used in calculating different scores of InnovAge Holding from analyzing InnovAge Holding's financial statements. These drivers represent accounts that assess InnovAge Holding's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of InnovAge Holding's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Enterprise Value | 3.3B | 2.8B | 494.0M | 741.0M | 852.2M | 809.6M |
InnovAge Holding ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, InnovAge Holding's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to InnovAge Holding's managers, analysts, and investors.Environmental | Governance | Social |
InnovAge Holding Institutional Holders
Institutional Holdings refers to the ownership stake in InnovAge Holding that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of InnovAge Holding's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing InnovAge Holding's value.| Shares | Renaissance Technologies Corp | 2024-09-30 | 141.5 K | Strs Ohio | 2024-09-30 | 62.5 K | Bank Of New York Mellon Corp | 2024-06-30 | 58.3 K | Nuveen Asset Management, Llc | 2024-06-30 | 53.4 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 38.4 K | Alliancebernstein L.p. | 2024-06-30 | 36.3 K | Goldman Sachs Group Inc | 2024-06-30 | 31.8 K | Rhumbline Advisers | 2024-06-30 | 27.5 K | Jane Street Group Llc | 2024-06-30 | 25 K | T. Rowe Price Investment Management,inc. | 2024-09-30 | 4.8 M | Coliseum Capital Management Llc | 2024-09-30 | 3.9 M |
InnovAge Fundamentals
| Return On Equity | -0.0603 | ||||
| Return On Asset | -0.0202 | ||||
| Profit Margin | (0.02) % | ||||
| Operating Margin | (0.02) % | ||||
| Current Valuation | 683.94 M | ||||
| Shares Outstanding | 135.46 M | ||||
| Shares Owned By Insiders | 85.03 % | ||||
| Shares Owned By Institutions | 11.90 % | ||||
| Number Of Shares Shorted | 303.26 K | ||||
| Price To Earning | 33.64 X | ||||
| Price To Book | 2.53 X | ||||
| Price To Sales | 0.84 X | ||||
| Revenue | 763.86 M | ||||
| Gross Profit | 475.82 M | ||||
| EBITDA | 1.15 M | ||||
| Net Income | (23.22 M) | ||||
| Cash And Equivalents | 184.43 M | ||||
| Cash Per Share | 1.36 X | ||||
| Total Debt | 113.03 M | ||||
| Debt To Equity | 0.24 % | ||||
| Current Ratio | 2.29 X | ||||
| Book Value Per Share | 1.93 X | ||||
| Cash Flow From Operations | (36.9 M) | ||||
| Short Ratio | 10.01 X | ||||
| Earnings Per Share | (0.12) X | ||||
| Target Price | 7.0 | ||||
| Number Of Employees | 2.35 K | ||||
| Beta | 0.39 | ||||
| Market Capitalization | 659.67 M | ||||
| Total Asset | 547.66 M | ||||
| Retained Earnings | (68.31 M) | ||||
| Working Capital | 34.54 M | ||||
| Current Asset | 3.06 M | ||||
| Current Liabilities | 4.22 M | ||||
| Net Asset | 547.66 M |
About InnovAge Holding Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze InnovAge Holding Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of InnovAge Holding using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of InnovAge Holding Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for InnovAge Stock Analysis
When running InnovAge Holding's price analysis, check to measure InnovAge Holding'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 InnovAge Holding is operating at the current time. Most of InnovAge Holding's value examination focuses on studying past and present price action to predict the probability of InnovAge Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move InnovAge Holding's price. Additionally, you may evaluate how the addition of InnovAge Holding to your portfolios can decrease your overall portfolio volatility.