Innovate Corp (VATE)

$0.6301

+0.02

(+3.23%)▲

Market is closed - opens 7 PM, 04 Jun 2024

Insights on Innovate Corp

  • Decreasing Revenue

    Revenue is down for the last 3 quarters, 375.3M → 315.2M (in $), with an average decrease of 8.3% per quarter

  • Decreasing Net Profit

    Netprofit is down for the last 3 quarters, -7.0M → -17.4M (in $), with an average decrease of 60.0% per quarter

  • Vs EME

    In the last 1 year, Emcor Group Inc. has given 115.4% return, outperforming this stock by 171.0%

Performance

  • $0.58
    $0.63
    $0.63
    downward going graph

    8.62%

    Downside

    Day's Volatility :9.12%

    Upside

    0.55%

    downward going graph
  • $0.53
    $2.03
    $0.63
    downward going graph

    15.87%

    Downside

    52 Weeks Volatility :73.89%

    Upside

    68.97%

    downward going graph

Returns

PeriodInnovate CorpIndex (Russel 2000)
3 Months
-12.89%
0.0%
6 Months
-40.56%
0.0%
1 Year
-52.62%
0.0%
3 Years
-83.15%
-22.6%

Highlights

Market Capitalization
52.0M
Book Value
- $2.31
Earnings Per Share (EPS)
-0.57
Profit Margin
-3.07%
Operating Margin TTM
0.89%
Return On Assets TTM
2.26%
Return On Equity TTM
-19.13%
Revenue TTM
1.4B
Revenue Per Share TTM
18.13
Quarterly Revenue Growth YOY
-0.8%
Gross Profit TTM
221.4M
EBITDA
70.2M
Diluted Eps TTM
-0.57
Quarterly Earnings Growth YOY
0.0
EPS Estimate Current Year
0.0
EPS Estimate Next Year
0.0
EPS Estimate Current Quarter
0.0
EPS Estimate Next Quarter
0.0

Analyst Recommendation

Buy
    85%Buy
    14%Hold
    0
    0%Sell
Based on 7 Wall street analysts offering stock ratings for Innovate Corp(by analysts ranked 0 to 5 stars)
Based on 7 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
6
6
6
Hold
1
1
1
Sell
00
00
00

Company Financials

FY18Y/Y Change
Revenue
2.0B
↑ 20.96%
Net Income
162.0M
↓ 445.33%
Net Profit Margin
8.2%
↑ 11.07%
FY19Y/Y Change
Revenue
1.8B
↓ 8.35%
Net Income
-16.8M
↓ 110.37%
Net Profit Margin
-0.93%
↓ 9.13%
FY20Y/Y Change
Revenue
1.0B
↓ 44.48%
Net Income
-38.3M
↑ 127.98%
Net Profit Margin
-3.81%
↓ 2.88%
FY21Y/Y Change
Revenue
1.2B
↑ 19.83%
Net Income
-86.3M
↑ 125.33%
Net Profit Margin
-7.16%
↓ 3.35%
FY22Y/Y Change
Revenue
1.6B
↑ 35.85%
Net Income
-42.0M
↓ 51.33%
Net Profit Margin
-2.57%
↑ 4.59%
FY23Y/Y Change
Revenue
1.4B
↓ 13.09%
Net Income
-35.2M
↓ 16.19%
Net Profit Margin
-2.47%
↑ 0.1%
Q4 FY22Q/Q Change
Revenue
409.3M
↓ 3.24%
Net Income
-7.3M
↑ 8.96%
Net Profit Margin
-1.78%
↓ 0.2%
Q1 FY23Q/Q Change
Revenue
317.9M
↓ 22.33%
Net Income
-8.0M
↑ 9.59%
Net Profit Margin
-2.52%
↓ 0.74%
Q2 FY23Q/Q Change
Revenue
368.8M
↑ 16.01%
Net Income
-9.9M
↑ 23.75%
Net Profit Margin
-2.68%
↓ 0.16%
Q3 FY23Q/Q Change
Revenue
375.3M
↑ 1.76%
Net Income
-7.0M
↓ 29.29%
Net Profit Margin
-1.87%
↑ 0.81%
Q4 FY23Q/Q Change
Revenue
361.0M
↓ 3.81%
Net Income
-9.3M
↑ 32.86%
Net Profit Margin
-2.58%
↓ 0.71%
Q1 FY24Q/Q Change
Revenue
315.2M
↓ 12.69%
Net Income
-17.4M
↑ 87.1%
Net Profit Margin
-5.52%
↓ 2.94%
FY18Y/Y Change
Total Assets
6.5B
↑ 102.13%
Total Liabilities
6.3B
↑ 108.13%
FY19Y/Y Change
Total Assets
7.0B
↑ 6.99%
Total Liabilities
6.5B
↑ 3.19%
FY20Y/Y Change
Total Assets
6.7B
↓ 3.1%
Total Liabilities
6.1B
↓ 5.63%
FY21Y/Y Change
Total Assets
1.1B
↓ 83.97%
Total Liabilities
1.1B
↓ 82.59%
FY22Y/Y Change
Total Assets
1.2B
↑ 6.58%
Total Liabilities
1.2B
↑ 10.54%
FY23Y/Y Change
Total Assets
1.0B
↓ 9.39%
Total Liabilities
1.2B
↓ 0.12%
Q4 FY22Q/Q Change
Total Assets
1.2B
↓ 1.16%
Total Liabilities
1.2B
↓ 1.05%
Q1 FY23Q/Q Change
Total Assets
1.0B
↓ 9.34%
Total Liabilities
1.2B
↓ 1.18%
Q2 FY23Q/Q Change
Total Assets
1.1B
↑ 3.39%
Total Liabilities
1.2B
↑ 4.03%
Q3 FY23Q/Q Change
Total Assets
1.1B
↑ 1.54%
Total Liabilities
1.2B
↑ 2.07%
Q4 FY23Q/Q Change
Total Assets
1.0B
↓ 4.79%
Total Liabilities
1.2B
↓ 4.82%
Q1 FY24Q/Q Change
Total Assets
943.5M
↓ 9.59%
Total Liabilities
1.1B
↓ 8.63%
FY18Y/Y Change
Operating Cash Flow
341.4M
↑ 5458.45%
Investing Cash Flow
-224.6M
↑ 61.23%
Financing Cash Flow
115.2M
↓ 0.12%
FY19Y/Y Change
Operating Cash Flow
110.5M
↓ 67.63%
Investing Cash Flow
-263.6M
↑ 17.36%
Financing Cash Flow
62.4M
↓ 45.83%
FY20Y/Y Change
Operating Cash Flow
41.7M
↓ 62.26%
Investing Cash Flow
162.3M
↓ 161.57%
Financing Cash Flow
-204.6M
↓ 427.88%
FY21Y/Y Change
Operating Cash Flow
27.0M
↓ 35.25%
Investing Cash Flow
-223.2M
↓ 237.52%
Financing Cash Flow
4.3M
↓ 102.1%
FY22Y/Y Change
Operating Cash Flow
-9.5M
↓ 135.19%
Investing Cash Flow
-22.5M
↓ 89.92%
Financing Cash Flow
68.1M
↑ 1483.72%
Q4 FY22Q/Q Change
Operating Cash Flow
62.7M
↓ 312.54%
Investing Cash Flow
-4.2M
↓ 38.24%
Financing Cash Flow
-5.1M
↓ 113.28%
Q1 FY23Q/Q Change
Operating Cash Flow
-77.0M
↓ 222.81%
Investing Cash Flow
-4.5M
↑ 7.14%
Financing Cash Flow
-38.0M
↑ 645.1%
Q2 FY23Q/Q Change
Operating Cash Flow
16.2M
↓ 121.04%
Investing Cash Flow
-4.5M
↑ 0.0%
Financing Cash Flow
700.0K
↓ 101.84%
Q3 FY23Q/Q Change
Operating Cash Flow
26.1M
↑ 61.11%
Investing Cash Flow
-5.5M
↑ 22.22%
Financing Cash Flow
6.7M
↑ 857.14%

Technicals Summary

Sell

Neutral

Buy

Innovate Corp is currently in a neutral trading position according to technical analysis indicators.

More on Technical Analysis

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Innovate Corp
Innovate Corp
-16.4%
-40.56%
-52.62%
-83.15%
-83.15%
Topbuild Corp
Topbuild Corp
-2.38%
30.45%
88.68%
108.38%
399.42%
Quanta Services, Inc.
Quanta Services, Inc.
0.92%
43.41%
51.74%
191.94%
632.48%
Aecom
Aecom
-10.98%
-5.39%
4.63%
32.49%
158.43%
Emcor Group Inc.
Emcor Group Inc.
0.3%
72.1%
119.06%
192.9%
346.03%
Jacob Solutions
Jacob Solutions
-7.45%
6.7%
20.71%
-3.78%
74.84%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Innovate Corp
Innovate Corp
NA
NA
NA
0.0
-0.19
0.02
NA
-2.31
Topbuild Corp
Topbuild Corp
20.86
20.86
0.0
21.85
0.26
0.11
NA
85.74
Quanta Services, Inc.
Quanta Services, Inc.
53.48
53.48
2.0
8.43
0.13
0.05
0.0
43.42
Aecom
Aecom
100.39
100.39
0.35
4.48
0.07
0.05
0.01
16.18
Emcor Group Inc.
Emcor Group Inc.
25.64
25.64
1.32
16.21
0.31
0.1
0.0
55.63
Jacob Solutions
Jacob Solutions
26.8
26.8
0.9
8.03
0.1
0.05
0.01
52.9
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Innovate Corp
Innovate Corp
Buy
$52.0M
-83.15%
NA
-3.07%
Topbuild Corp
Topbuild Corp
Buy
$13.2B
399.42%
20.86
12.11%
Quanta Services, Inc.
Quanta Services, Inc.
Buy
$40.4B
632.48%
53.48
3.58%
Aecom
Aecom
Buy
$11.9B
158.43%
100.39
-0.09%
Emcor Group Inc.
Emcor Group Inc.
Buy
$18.3B
346.03%
25.64
5.48%
Jacob Solutions
Jacob Solutions
Buy
$17.4B
74.84%
26.8
3.83%

Institutional Holdings

  • Jefferies Financial Group Inc

    6.40%

  • Gendell Jeffrey L

    4.45%

  • BlackRock Inc

    4.19%

  • Goldman Sachs Group Inc

    3.23%

  • Vanguard Group Inc

    3.22%

  • Whitefort Capital Management, LP.

    2.33%

Company Information

innovate corp. is a portfolio of best-in-class assets in three key areas of the new economy – infrastructure, life sciences and spectrum. dedicated to stakeholder capitalism, innovate employs over 4,300 people across its subsidiaries. nyse: vate

Organization
Innovate Corp
Employees
3946
CEO
Mr. Michael J. Sena
Industry
Apparel/Footwear

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