Innovate Corp Stock Buy Hold or Sell Recommendation
| VATE Stock | USD 7.81 0.15 1.96% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Innovate Corp is 'Cautious Hold'. Macroaxis provides Innovate Corp buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding VATE positions.
Check out Innovate Corp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Innovate Stock refer to our How to Trade Innovate Stock guide. Note, we conduct extensive research on individual companies such as Innovate and provide practical buy, sell, or hold advice based on investors' constraints. Innovate Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Innovate |
Execute Innovate Corp Buy or Sell Advice
The Innovate recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Innovate Corp. Macroaxis does not own or have any residual interests in Innovate Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Innovate Corp's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Modest | Details | |
Volatility | Risky | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Innovate Corp Trading Alerts and Improvement Suggestions
| Innovate Corp is way too risky over 90 days horizon | |
| Innovate Corp appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 1.42 B. Net Loss for the year was (35.2 M) with profit before overhead, payroll, taxes, and interest of 223.5 M. | |
| About 60.0% of the company outstanding shares are owned by insiders | |
| Latest headline from news.google.com: Acquisition by Michael Sena of 12946 shares of Innovate Corp subject to Rule 16b-3 |
Innovate Corp Returns Distribution Density
The distribution of Innovate Corp's historical returns is an attempt to chart the uncertainty of Innovate Corp's future price movements. The chart of the probability distribution of Innovate Corp daily returns describes the distribution of returns around its average expected value. We use Innovate Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Innovate Corp returns is essential to provide solid investment advice for Innovate Corp.
| Mean Return | 0.83 | Value At Risk | -9.54 | Potential Upside | 7.12 | Standard Deviation | 11.80 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Innovate Corp historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Innovate Stock Institutional Investors
| Shares | State Street Corp | 2024-12-31 | 20.2 K | Northern Trust Corp | 2024-12-31 | 19.6 K | Gabelli Funds Llc | 2024-12-31 | 19.5 K | Stratos Wealth Advisors, Llc | 2024-12-31 | 15.5 K | Msh Capital Advisors Llc | 2024-09-30 | 14.9 K | Aristeia Capital, Llc | 2024-12-31 | 13.7 K | Ubs Group Ag | 2024-12-31 | 4.8 K | Morgan Stanley - Brokerage Accounts | 2024-12-31 | 1.2 K | Cwm, Llc Duplicate | 2024-12-31 | 920 | Jefferies Financial Group Inc | 2024-12-31 | 700.8 K | Vanguard Group Inc | 2024-12-31 | 398.4 K |
Innovate Corp Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change To Inventory | (18.8M) | (13.4M) | (1.9M) | (3.5M) | (4.0M) | (3.8M) | |
| Change In Cash | 38.7M | 2.2M | 34.7M | 100K | 115K | 109.3K | |
| Free Cash Flow | 23.9M | 2.9M | (30.2M) | 8.1M | 9.3M | 9.8M | |
| Depreciation | 5.9M | 37.6M | 42.2M | 36M | 32.4M | 38.9M | |
| Other Non Cash Items | 41.1M | 57.9M | 6.8M | 700K | 630K | 598.5K | |
| Capital Expenditures | 17.8M | 24.1M | 20.7M | 18.4M | 16.6M | 15.7M | |
| Net Income | (102.1M) | (86.3M) | (42M) | (35.2M) | (40.5M) | (42.5M) | |
| End Period Cash Flow | 233.8M | 47.5M | 82.2M | 82.3M | 74.1M | 95.9M | |
| Dividends Paid | 2.9M | 62.5M | 5.2M | 2.2M | 2.0M | 1.9M | |
| Investments | 8.6M | (223.2M) | (22.5M) | 39.1M | 45.0M | 47.2M | |
| Net Borrowings | 59.4M | (185.9M) | 29.5M | 74M | 66.6M | 35.5M | |
| Change To Netincome | 103.8M | 26.5M | 193M | 800K | 920K | 874K |
Innovate Corp Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Innovate Corp or Machinery sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Innovate Corp's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Innovate stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 1.34 | |
β | Beta against Dow Jones | 4.72 | |
σ | Overall volatility | 12.20 | |
Ir | Information ratio | 0.08 |
Innovate Corp Volatility Alert
Innovate Corp is displaying above-average volatility over the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Innovate Corp's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Innovate Corp's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Innovate Corp Fundamentals Vs Peers
Comparing Innovate Corp's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Innovate Corp's direct or indirect competition across all of the common fundamentals between Innovate Corp and the related equities. This way, we can detect undervalued stocks with similar characteristics as Innovate Corp or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Innovate Corp's fundamental indicators could also be used in its relative valuation, which is a method of valuing Innovate Corp by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Innovate Corp to competition |
| Fundamentals | Innovate Corp | Peer Average |
| Return On Equity | -0.19 | -0.31 |
| Return On Asset | 0.034 | -0.14 |
| Profit Margin | (0.02) % | (1.27) % |
| Operating Margin | 0.02 % | (5.51) % |
| Current Valuation | 798.28 M | 16.62 B |
| Shares Outstanding | 13.26 M | 571.82 M |
| Shares Owned By Insiders | 59.55 % | 10.09 % |
| Shares Owned By Institutions | 21.30 % | 39.21 % |
| Number Of Shares Shorted | 447.16 K | 4.71 M |
| Price To Earning | (0.07) X | 28.72 X |
| Price To Book | 0.74 X | 9.51 X |
| Price To Sales | 0.08 X | 11.42 X |
| Revenue | 1.42 B | 9.43 B |
| Gross Profit | 223.5 M | 27.38 B |
| EBITDA | 69.8 M | 3.9 B |
| Net Income | (35.2 M) | 570.98 M |
| Cash And Equivalents | 24.9 M | 2.7 B |
| Cash Per Share | 0.32 X | 5.01 X |
| Total Debt | 771.9 M | 5.32 B |
| Current Ratio | 1.04 X | 2.16 X |
| Book Value Per Share | (12.39) X | 1.93 K |
| Cash Flow From Operations | 26.5 M | 971.22 M |
| Short Ratio | 3.29 X | 4.00 X |
| Earnings Per Share | (3.08) X | 3.12 X |
| Number Of Employees | 3.95 K | 18.84 K |
| Beta | 2.52 | -0.15 |
| Market Capitalization | 103.57 M | 19.03 B |
| Total Asset | 1.04 B | 29.47 B |
| Retained Earnings | (487.3 M) | 9.33 B |
| Working Capital | 104.7 M | 1.48 B |
| Current Asset | 63 K | 9.34 B |
| Current Liabilities | 8 K | 7.9 B |
| Net Asset | 1.04 B |
Note: Disposition of 862 shares by Michael Sena of Innovate Corp at 7.23 subject to Rule 16b-3 [view details]
Innovate Corp Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Innovate . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Innovate Corp Buy or Sell Advice
When is the right time to buy or sell Innovate Corp? Buying financial instruments such as Innovate Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
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Check out Innovate Corp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Innovate Stock refer to our How to Trade Innovate Stock guide.You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Innovate Corp. If investors know Innovate will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Innovate Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.08) | Revenue Per Share | Quarterly Revenue Growth (0.35) | Return On Assets | Return On Equity |
The market value of Innovate Corp is measured differently than its book value, which is the value of Innovate that is recorded on the company's balance sheet. Investors also form their own opinion of Innovate Corp's value that differs from its market value or its book value, called intrinsic value, which is Innovate Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Innovate Corp's market value can be influenced by many factors that don't directly affect Innovate Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Innovate Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovate Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovate Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.