Is Innovate Corp Stock a Good Investment?
Innovate Corp Investment Advice | VATE |
- Examine Innovate Corp's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Innovate Corp's leadership team and their track record. Good management can help Innovate Corp navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Industrial Machinery & Supplies & Components space and any emerging trends that could impact Innovate Corp's business and its evolving consumer preferences.
- Compare Innovate Corp's performance and market position to its competitors. Analyze how Innovate Corp is positioned in terms of product offerings, innovation, and market share.
- Check if Innovate Corp pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Innovate Corp's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Innovate Corp stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Innovate Corp is a good investment.
Sell | Buy |
Strong Sell
Market Performance | OK | Details | |
Volatility | Very risky | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Innovate Corp Stock
Researching Innovate Corp's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 60.0% of the company outstanding shares are owned by insiders. The company has Price to Book (P/B) ratio of 0.74. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Innovate Corp recorded a loss per share of 3.08. The entity last dividend was issued on the 28th of August 2013. The firm had 1:10 split on the 9th of August 2024.
To determine if Innovate Corp is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Innovate Corp's research are outlined below:
| Innovate Corp is way too risky over 90 days horizon | |
| Innovate Corp appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 1.42 B. Net Loss for the year was (35.2 M) with profit before overhead, payroll, taxes, and interest of 221.4 M. | |
| Innovate Corp has a poor financial position based on the latest SEC disclosures | |
| About 60.0% of the company outstanding shares are owned by insiders | |
| Latest headline from globenewswire.com: INNOVATE Corp. Portfolio Company R2 Technologies Announces Another Record-Breaking Quarter and Partnerships with Woodhouse Spas and Top Skincare Brands |
Innovate Corp Quarterly Good Will |
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Innovate Corp uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Innovate Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Innovate Corp's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 12th of March 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Know Innovate Corp's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Innovate Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Innovate Corp backward and forwards among themselves. Innovate Corp's institutional investor refers to the entity that pools money to purchase Innovate Corp's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Teton Advisors Inc | 2024-09-30 | 12 K | Alpha Quant Investment Strategies: Cypress Capital Group | 2024-06-30 | 12 K | Rhumbline Advisers | 2024-06-30 | 11.9 K | Northern Trust Corp | 2024-09-30 | 11.2 K | Cwm, Llc Duplicate | 2024-06-30 | 9.5 K | Macquarie Group Ltd | 2024-06-30 | 3.4 K | New York State Common Retirement Fund | 2024-06-30 | 622 | Simplex Trading, Llc | 2024-06-30 | 100.0 | Prairieview Partners, Llc | 2024-09-30 | 100.0 | Jefferies Financial Group Inc | 2024-09-30 | 700.8 K | Gendell Jeffrey L | 2024-09-30 | 406.9 K |
Innovate Corp's market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 77.71 M.Market Cap |
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Innovate Corp's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.05) | (0.05) | |
| Return On Capital Employed | 0.05 | 0.05 | |
| Return On Assets | (0.04) | (0.04) | |
| Return On Equity | 0.25 | 0.26 |
Determining Innovate Corp's profitability involves analyzing its financial statements and using various financial metrics to determine if Innovate Corp is a good buy. For example, gross profit margin measures Innovate Corp's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Innovate Corp's profitability and make more informed investment decisions.
Innovate Corp's Earnings Breakdown by Geography
Please note, the presentation of Innovate Corp's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Innovate Corp's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Innovate Corp's management manipulating its earnings.
Evaluate Innovate Corp's management efficiency
Innovate Corp has return on total asset (ROA) of 0.034 % which means that it generated a profit of $0.034 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.1913) %, meaning that it created substantial loss on money invested by shareholders. Innovate Corp's management efficiency ratios could be used to measure how well Innovate Corp manages its routine affairs as well as how well it operates its assets and liabilities. At present, Innovate Corp's Return On Equity is projected to increase slightly based on the last few years of reporting. At present, Innovate Corp's Non Current Assets Total are projected to increase significantly based on the last few years of reporting.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | (17.33) | (16.46) | |
| Tangible Book Value Per Share | (56.23) | (53.42) | |
| Enterprise Value Over EBITDA | 11.29 | 10.72 | |
| Price Book Value Ratio | (0.65) | (0.62) | |
| Enterprise Value Multiple | 11.29 | 10.72 | |
| Price Fair Value | (0.65) | (0.62) | |
| Enterprise Value | 906 M | 1.2 B |
Understanding the operational decisions made by Innovate Corp management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Beta 2.073 |
Basic technical analysis of Innovate Stock
As of the 28th of November, Innovate Corp retains the Risk Adjusted Performance of 0.0965, market risk adjusted performance of 0.3794, and Downside Deviation of 5.86. Concerning fundamental indicators, the technical analysis model lets you check existing technical drivers of Innovate Corp, as well as the relationship between them. Please check out Innovate Corp variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Innovate Corp is priced fairly, providing market reflects its last-minute price of 5.86 per share. Given that Innovate Corp has jensen alpha of 0.5575, we strongly advise you to confirm Innovate Corp's regular market performance to make sure the company can sustain itself at a future point.Innovate Corp's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Innovate Corp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Innovate Corp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Innovate Corp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Innovate Corp's Outstanding Corporate Bonds
Innovate Corp issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Innovate Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Innovate bonds can be classified according to their maturity, which is the date when Innovate Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| US45782BAD64 Corp BondUS45782BAD64 | View | |
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Installed Building Products Corp BondUS45780RAA95 | View | |
| Volcan Compania Minera Corp BondUSP98047AC08 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| International Game Technology Corp BondUS460599AD57 | View |
Understand Innovate Corp's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Innovate Corp's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0965 | |||
| Market Risk Adjusted Performance | 0.3794 | |||
| Mean Deviation | 4.62 | |||
| Semi Deviation | 5.09 | |||
| Downside Deviation | 5.86 | |||
| Coefficient Of Variation | 875.08 | |||
| Standard Deviation | 7.18 | |||
| Variance | 51.59 | |||
| Information Ratio | 0.0968 | |||
| Jensen Alpha | 0.5575 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | 0.1186 | |||
| Treynor Ratio | 0.3694 | |||
| Maximum Drawdown | 40.85 | |||
| Value At Risk | (7.60) | |||
| Potential Upside | 14.1 | |||
| Downside Variance | 34.39 | |||
| Semi Variance | 25.94 | |||
| Expected Short fall | (5.12) | |||
| Skewness | 1.28 | |||
| Kurtosis | 3.89 |
| Risk Adjusted Performance | 0.0965 | |||
| Market Risk Adjusted Performance | 0.3794 | |||
| Mean Deviation | 4.62 | |||
| Semi Deviation | 5.09 | |||
| Downside Deviation | 5.86 | |||
| Coefficient Of Variation | 875.08 | |||
| Standard Deviation | 7.18 | |||
| Variance | 51.59 | |||
| Information Ratio | 0.0968 | |||
| Jensen Alpha | 0.5575 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | 0.1186 | |||
| Treynor Ratio | 0.3694 | |||
| Maximum Drawdown | 40.85 | |||
| Value At Risk | (7.60) | |||
| Potential Upside | 14.1 | |||
| Downside Variance | 34.39 | |||
| Semi Variance | 25.94 | |||
| Expected Short fall | (5.12) | |||
| Skewness | 1.28 | |||
| Kurtosis | 3.89 |
Consider Innovate Corp's intraday indicators
Innovate Corp intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Innovate Corp stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Innovate Corp Corporate Filings
F4 | 21st of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 20th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 13th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
| 30th of October 2024 Other Reports | ViewVerify |
Innovate Stock media impact
Far too much social signal, news, headlines, and media speculation about Innovate Corp that are available to investors today. That information is available publicly through Innovate media outlets and privately through word of mouth or via Innovate internal channels. However, regardless of the origin, that massive amount of Innovate data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Innovate Corp news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Innovate Corp relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Innovate Corp's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Innovate Corp alpha.
Innovate Corp Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Innovate Corp can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Innovate Corp Corporate Management
| Paul Voigt | Interim Officer | Profile | |
| Kenneth Courtis | Independent Director | Profile | |
| Shelly Lombard | Independent Director | Profile | |
| Avram Glazer | Independent Chairman of the Board | Profile | |
| Michael Gorzynski | Director | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Innovate Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Innovate Stock refer to our How to Trade Innovate Stock guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Industrial Machinery & Supplies & Components space 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 Innovate Corp. If investors know Innovate 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 Innovate Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.08) | Revenue Per Share 130.933 | Quarterly Revenue Growth (0.35) | Return On Assets 0.034 | Return On Equity (0.19) |
The market value of Innovate Corp is measured differently than its book value, which is the value of Innovate that is recorded on the company's balance sheet. Investors also form their own opinion of Innovate Corp's value that differs from its market value or its book value, called intrinsic value, which is Innovate Corp'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 Innovate Corp's market value can be influenced by many factors that don't directly affect Innovate Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Innovate Corp's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Innovate Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovate Corp'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.