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INNV

InnovAge Holding NasdaqGS:INNV Stock Report

Last Price

US$7.66

Market Cap

US$1.0b

7D

18.2%

1Y

-12.3%

Updated

07 Dec, 2022

Data

Company Financials +
INNV fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance0/6
Financial Health5/6
Dividends0/6

INNV Stock Overview

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 their homes and communities.

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$7.66
52 Week HighUS$9.08
52 Week LowUS$3.39
Beta0
1 Month Change9.12%
3 Month Change100.52%
1 Year Change-12.26%
3 Year Changen/a
5 Year Changen/a
Change since IPO-68.35%

Recent News & Updates

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

Sep 13

Recent updates

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 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
7D18.2%-0.6%-3.7%
1Y-12.3%6.9%-21.2%

Return vs Industry: INNV underperformed the US Healthcare industry which returned 7.4% over the past year.

Return vs Market: INNV exceeded the US Market which returned -20.6% over the past year.

Price Volatility

Is INNV's price volatile compared to industry and market?
INNV volatility
INNV Average Weekly Movement12.3%
Healthcare Industry Average Movement8.2%
Market Average Movement7.4%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market3.3%

Stable Share Price: INNV is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: INNV's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
20072,000Patrick Blairhttps://www.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 their homes and communities. It manages its business through Program of All-Inclusive Care for the Elderly (PACE) approach. The company 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$1.04b
Earnings (TTM)-US$27.28m
Revenue (TTM)US$696.79m

1.5x

P/S Ratio

-38.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
INNV income statement (TTM)
RevenueUS$696.79m
Cost of RevenueUS$193.05m
Gross ProfitUS$503.74m
Other ExpensesUS$531.02m
Earnings-US$27.28m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.20
Gross Margin72.29%
Net Profit Margin-3.91%
Debt/Equity Ratio20.9%

How did INNV perform over the long term?

See historical performance and comparison