InnovAge Holding Corp.

NasdaqGS:INNV Stock Report

Market Cap: US$699.0m

InnovAge Holding Future Growth

Future criteria checks 4/6

InnovAge Holding is forecast to grow earnings and revenue by 121.5% and 11.8% per annum respectively. EPS is expected to grow by 120.5% per annum. Return on equity is forecast to be 7.7% in 3 years.

Key information

121.5%

Earnings growth rate

120.5%

EPS growth rate

Healthcare earnings growth17.1%
Revenue growth rate11.8%
Future return on equity7.7%
Analyst coverage

Low

Last updated07 Jun 2024

Recent future growth updates

Recent updates

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%?

Earnings and Revenue Growth Forecasts

NasdaqGS:INNV - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
6/30/20269612029413
6/30/202585017244
6/30/2024756-24-37-314
3/31/2024741-31-34-26N/A
12/31/2023721-32-130N/A
9/30/2023699-38-44-26N/A
6/30/2023688-41-320N/A
3/31/2023684-42-2610N/A
12/31/2022689-38-67-26N/A
9/30/2022697-27-2320N/A
6/30/2022699-7-1127N/A
3/31/202269713934N/A
12/31/20216765725N/A
9/30/2021658131331N/A
6/30/2021638-44-27-8N/A
3/31/2021619-38-127N/A
12/31/2020607-201230N/A
9/30/2020585-26619N/A
6/30/2020567263244N/A
6/30/2019466201126N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: INNV is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.4%).

Earnings vs Market: INNV is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: INNV is expected to become profitable in the next 3 years.

Revenue vs Market: INNV's revenue (11.8% per year) is forecast to grow faster than the US market (8.4% per year).

High Growth Revenue: INNV's revenue (11.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: INNV's Return on Equity is forecast to be low in 3 years time (7.7%).


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