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 growth | 17.1% |
| Revenue growth rate | 11.8% |
| Future return on equity | 7.7% |
| Analyst coverage | Low |
| Last updated | 07 Jun 2024 |
Recent future growth updates
Recent updates
Sentiment Still Eluding InnovAge Holding Corp. (NASDAQ:INNV)
May 07
InnovAge Holding (NASDAQ:INNV) Has Debt But No Earnings; Should You Worry?
Mar 15Market Still Lacking Some Conviction On InnovAge Holding Corp. (NASDAQ:INNV)
Jan 06InnovAge Holding Corp.'s (NASDAQ:INNV) Intrinsic Value Is Potentially 73% Above Its Share Price
Aug 10Cautious Investors Not Rewarding InnovAge Holding Corp.'s (NASDAQ:INNV) Performance Completely
Jun 08InnovAge GAAP EPS of -$0.09 misses by $0.06, revenue of $172.86M misses by $1.11M
Sep 13InnovAge names Richard Feifer as chief medical officer
Aug 17InnovAge Holding (NASDAQ:INNV) Could Be Struggling To Allocate Capital
Jul 27Earnings Miss: InnovAge Holding Corp. Missed EPS And Analysts Are Revising Their Forecasts
May 12Here's What's Concerning About InnovAge Holding's (NASDAQ:INNV) Returns On Capital
Apr 14Is There An Opportunity With InnovAge Holding Corp.'s (NASDAQ:INNV) 30% Undervaluation?
Mar 24InnovAge Pursues Compliance As Precursor To Post-Pandemic Growth
Mar 19InnovAge Holding's (NASDAQ:INNV) Robust Earnings Are Supported By Other Strong Factors
Nov 16Are Investors Undervaluing InnovAge Holding Corp. (NASDAQ:INNV) By 48%?
Jul 28Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 6/30/2026 | 961 | 20 | 29 | 41 | 3 |
| 6/30/2025 | 850 | 1 | 7 | 24 | 4 |
| 6/30/2024 | 756 | -24 | -37 | -31 | 4 |
| 3/31/2024 | 741 | -31 | -34 | -26 | N/A |
| 12/31/2023 | 721 | -32 | -13 | 0 | N/A |
| 9/30/2023 | 699 | -38 | -44 | -26 | N/A |
| 6/30/2023 | 688 | -41 | -3 | 20 | N/A |
| 3/31/2023 | 684 | -42 | -26 | 10 | N/A |
| 12/31/2022 | 689 | -38 | -67 | -26 | N/A |
| 9/30/2022 | 697 | -27 | -23 | 20 | N/A |
| 6/30/2022 | 699 | -7 | -11 | 27 | N/A |
| 3/31/2022 | 697 | 13 | 9 | 34 | N/A |
| 12/31/2021 | 676 | 5 | 7 | 25 | N/A |
| 9/30/2021 | 658 | 13 | 13 | 31 | N/A |
| 6/30/2021 | 638 | -44 | -27 | -8 | N/A |
| 3/31/2021 | 619 | -38 | -12 | 7 | N/A |
| 12/31/2020 | 607 | -20 | 12 | 30 | N/A |
| 9/30/2020 | 585 | -26 | 6 | 19 | N/A |
| 6/30/2020 | 567 | 26 | 32 | 44 | N/A |
| 6/30/2019 | 466 | 20 | 11 | 26 | N/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%).