Innovage Holding Corp Stock Analysis
| INNV Stock | USD 3.16 0.09 2.77% |
InnovAge Holding Corp is overvalued with Real Value of 2.88 and Hype Value of 3.16. The main objective of InnovAge Holding stock analysis is to determine its intrinsic value, which is an estimate of what InnovAge Holding Corp is worth, separate from its market price. There are two main types of InnovAge Holding's stock analysis: fundamental analysis and technical analysis.
The InnovAge Holding stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. InnovAge Holding is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, National Mourning Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. InnovAge Stock trading window is adjusted to America/New York timezone.
InnovAge |
InnovAge Stock Analysis Notes
About 85.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.74. Some equities with similar Price to Book (P/B) outperform the market in the long run. InnovAge Holding Corp recorded a loss per share of 0.19. The entity had not issued any dividends in recent years. The firm had 1:105 split on the 18th of March 2019. 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. was founded in 2007 and is headquartered in Denver, Colorado. InnovAge Holding operates under Medical Care Facilities classification in the United States and is traded on NASDAQ Exchange. It employs 2000 people. To learn more about InnovAge Holding Corp call Patrick Blair at 844 803 8745 or check out https://www.innovage.com.InnovAge Holding Corp Investment Alerts
| InnovAge Holding generated a negative expected return over the last 90 days | |
| The company reported the previous year's revenue of 763.86 M. Net Loss for the year was (23.22 M) with profit before overhead, payroll, taxes, and interest of 559.96 M. | |
| InnovAge Holding Corp currently holds about 184.43 M in cash with (36.9 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.36. | |
| Roughly 85.0% of the company shares are held by company insiders |
InnovAge Holding Corp Upcoming and Recent Events
| 6th of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 10th of September 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of June 2023 Last Financial Announcement | View |
InnovAge Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 427.37 M.InnovAge Profitablity
The company has Profit Margin (PM) of (0.03) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.02) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.02.Technical Drivers
As of the 23rd of March, InnovAge Holding retains the Risk Adjusted Performance of (0.12), standard deviation of 2.94, and Market Risk Adjusted Performance of 1.73. InnovAge Holding technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out InnovAge Holding Corp variance and skewness to decide if InnovAge Holding is priced fairly, providing market reflects its last-minute price of 3.16 per share. Given that InnovAge Holding Corp has information ratio of (0.13), we strongly advise you to confirm InnovAge Holding Corp's regular market performance to make sure the company can sustain itself at a future point.InnovAge Holding Corp Price Movement Analysis
The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. InnovAge Holding middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for InnovAge Holding Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
InnovAge Holding Corp Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific InnovAge Holding insiders, such as employees or executives, is commonly permitted as long as it does not rely on InnovAge Holding's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases InnovAge Holding insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
InnovAge Holding Outstanding Bonds
InnovAge Holding issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. InnovAge Holding Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most InnovAge bonds can be classified according to their maturity, which is the date when InnovAge Holding Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| US45782BAD64 Corp BondUS45782BAD64 | View | |
| Installed Building Products Corp BondUS45780RAA95 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
InnovAge Holding Predictive Daily Indicators
InnovAge Holding intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of InnovAge Holding stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
InnovAge Holding Forecast Models
InnovAge Holding's time-series forecasting models are one of many InnovAge Holding's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary InnovAge Holding's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About InnovAge Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how InnovAge Holding prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling InnovAge shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as InnovAge Holding. By using and applying InnovAge Stock analysis, traders can create a robust methodology for identifying InnovAge entry and exit points for their positions.
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. was founded in 2007 and is headquartered in Denver, Colorado. InnovAge Holding operates under Medical Care Facilities classification in the United States and is traded on NASDAQ Exchange. It employs 2000 people.
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Additional Tools for InnovAge Stock Analysis
When running InnovAge Holding's price analysis, check to measure InnovAge Holding's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy InnovAge Holding is operating at the current time. Most of InnovAge Holding's value examination focuses on studying past and present price action to predict the probability of InnovAge Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move InnovAge Holding's price. Additionally, you may evaluate how the addition of InnovAge Holding to your portfolios can decrease your overall portfolio volatility.