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InnovAge Holding NasdaqGS:INNV Stock Report

Last Price

US$5.67

Market Cap

US$737.8m

7D

1.1%

1Y

-3.4%

Updated

09 Oct, 2024

Data

Company Financials +

InnovAge Holding Corp.

NasdaqGS:INNV Stock Report

Market Cap: US$737.8m

INNV Stock Overview

Manages and provides a range of medical and ancillary services for seniors in need of care and support to live independently in its homes and communities.

INNV fundamental analysis
Snowflake Score
Valuation5/6
Future Growth4/6
Past Performance0/6
Financial Health5/6
Dividends0/6

InnovAge Holding Corp. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for InnovAge Holding
Historical stock prices
Current Share PriceUS$5.67
52 Week HighUS$6.71
52 Week LowUS$3.52
Beta0.38
11 Month Change-9.71%
3 Month Change5.78%
1 Year Change-3.41%
33 Year Change-12.63%
5 Year Changen/a
Change since IPO-76.57%

Recent News & Updates

Is InnovAge Holding (NASDAQ:INNV) A Risky Investment?

Aug 20
Is InnovAge Holding (NASDAQ:INNV) A Risky Investment?

Recent updates

Is InnovAge Holding (NASDAQ:INNV) A Risky Investment?

Aug 20
Is InnovAge Holding (NASDAQ:INNV) A Risky Investment?

InnovAge Holding Corp.'s (NASDAQ:INNV) Shares Leap 30% Yet They're Still Not Telling The Full Story

Jun 28
InnovAge Holding Corp.'s (NASDAQ:INNV) Shares Leap 30% Yet They're Still Not Telling The Full Story

Sentiment Still Eluding InnovAge Holding Corp. (NASDAQ:INNV)

May 07
Sentiment Still Eluding InnovAge Holding Corp. (NASDAQ:INNV)

InnovAge Holding (NASDAQ:INNV) Has Debt But No Earnings; Should You Worry?

Mar 15
InnovAge Holding (NASDAQ:INNV) Has Debt But No Earnings; Should You Worry?

Market Still Lacking Some Conviction On InnovAge Holding Corp. (NASDAQ:INNV)

Jan 06
Market Still Lacking Some Conviction On InnovAge Holding Corp. (NASDAQ:INNV)

InnovAge Holding Corp.'s (NASDAQ:INNV) Intrinsic Value Is Potentially 73% Above Its Share Price

Aug 10
InnovAge Holding Corp.'s (NASDAQ:INNV) Intrinsic Value Is Potentially 73% Above Its Share Price

Cautious Investors Not Rewarding InnovAge Holding Corp.'s (NASDAQ:INNV) Performance Completely

Jun 08
Cautious Investors Not Rewarding InnovAge Holding Corp.'s (NASDAQ:INNV) Performance Completely

InnovAge GAAP EPS of -$0.09 misses by $0.06, revenue of $172.86M misses by $1.11M

Sep 13

InnovAge names Richard Feifer as chief medical officer

Aug 17

InnovAge Holding (NASDAQ:INNV) Could Be Struggling To Allocate Capital

Jul 27
InnovAge Holding (NASDAQ:INNV) Could Be Struggling To Allocate Capital

Earnings Miss: InnovAge Holding Corp. Missed EPS And Analysts Are Revising Their Forecasts

May 12
Earnings Miss: InnovAge Holding Corp. Missed EPS And Analysts Are Revising Their Forecasts

Here's What's Concerning About InnovAge Holding's (NASDAQ:INNV) Returns On Capital

Apr 14
Here's What's Concerning About InnovAge Holding's (NASDAQ:INNV) Returns On Capital

Is There An Opportunity With InnovAge Holding Corp.'s (NASDAQ:INNV) 30% Undervaluation?

Mar 24
Is There An Opportunity With InnovAge Holding Corp.'s (NASDAQ:INNV) 30% Undervaluation?

InnovAge Pursues Compliance As Precursor To Post-Pandemic Growth

Mar 19

InnovAge Holding's (NASDAQ:INNV) Robust Earnings Are Supported By Other Strong Factors

Nov 16
InnovAge Holding's (NASDAQ:INNV) Robust Earnings Are Supported By Other Strong Factors

Are Investors Undervaluing InnovAge Holding Corp. (NASDAQ:INNV) By 48%?

Jul 28
Are Investors Undervaluing InnovAge Holding Corp. (NASDAQ:INNV) By 48%?

Shareholder Returns

INNVUS HealthcareUS Market
7D1.1%-0.2%1.2%
1Y-3.4%8.2%31.0%

Return vs Industry: INNV underperformed the US Healthcare industry which returned 6.6% over the past year.

Return vs Market: INNV underperformed the US Market which returned 30.3% over the past year.

Price Volatility

Is INNV's price volatile compared to industry and market?
INNV volatility
INNV Average Weekly Movement7.2%
Healthcare Industry Average Movement7.1%
Market Average Movement6.4%
10% most volatile stocks in US Market15.0%
10% least volatile stocks in US Market3.2%

Stable Share Price: INNV has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: INNV's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20152,350Patrick Blairwww.innovage.com

InnovAge Holding Corp. manages and provides a range of medical and ancillary services for seniors in need of care and support to live independently in its homes and communities. The company manages its business through Program of All-Inclusive Care for the Elderly (PACE) approach. It also offers in-home care services consisting of skilled, unskilled, and personal care; in-center services, such as primary care, physical therapy, occupational therapy, speech therapy, dental services, mental health and psychiatric services, meals, and activities; transportation to the PACE center and third-party medical appointments; and care management.

InnovAge Holding Corp. Fundamentals Summary

How do InnovAge Holding's earnings and revenue compare to its market cap?
INNV fundamental statistics
Market capUS$737.78m
Earnings (TTM)-US$21.34m
Revenue (TTM)US$763.86m

1.0x

P/S Ratio

-36.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
INNV income statement (TTM)
RevenueUS$763.86m
Cost of RevenueUS$228.78m
Gross ProfitUS$535.07m
Other ExpensesUS$556.41m
Earnings-US$21.34m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.16
Gross Margin70.05%
Net Profit Margin-2.79%
Debt/Equity Ratio21.8%

How did INNV perform over the long term?

See historical performance and comparison