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Innovate Corp Share Price

VATE
NYQ
$5.14
+$0.11
(2.19%)
1D
Industry: Machinery Sector: Industrials

Innovate Corp Analyst Forecast

Innovate Corp Share Price Chart

Innovate Corp Key Stock Metrics

Market Cap info-icon
This is a company’s total value as determined by the stock market. It is calculated by multiplying the total number of a company's outstanding shares by the current market price of one share.
$68.68M
P/E Ratio info-icon
This is the ratio of a security’s current share price to its earnings per share. This ratio determines the relative value of a company’s share.
0
Volume info-icon
This is the total number of shares traded during the most recent trading day.
25.29K
Avg Volume info-icon
This is the average number of shares traded during the most recent 30 days.
0
Dividend Yield info-icon
This ratio shows how much income you earn in dividend payouts per year for every dollar invested in the stock (or the stock’s annual dividend payment expressed as a percentage of its current price).
0.00%
Beta info-icon
This measures the expected move in a stock’s price relative to movements in the overall market. The market, such as the S&P 500 Index, has a beta of 1.0. If a stock has a Beta greater (or lower) than 1.0, it suggests that the stock is more (or less) volatile than the broader market.
1.64
52-week Range info-icon
This shows the range of the stock’s price between the 52-week high (the highest price of the stock for the past 52 weeks) and the 52-week low (the lowest price of the stock for the past 52 weeks).
$4.05 L
$13.19 H
$5.14

About Innovate Corp, Common Stock

INNOVATE Corp., through its subsidiaries, operates in infrastructure, life sciences, and spectrum areas in the United States. The Infrastructure segment provides industrial construction, structural steel, and facility maintenance services, such as fabrication and erection of structural steel and heavy steel plate services, and large-diameter water pipes and water storage tanks; fabrication of trusses and girders; and 3-D building information modeling and detailing for commercial, industrial, and infrastructure construction projects, such as buildings and office complexes, hotels and casinos, convention centers, sports arenas and stadiums, shopping malls, hospitals, dams, bridges, mines, metal processing, refineries, pulp and paper mills, and power plants. This segment also offers solutions for digital engineering, modeling and detailing, construction, and heavy equipment installation and facility services, including maintenance, repair, and installation; and manufactures pollution control scrubbers, tunnel liners, pressure vessels, strainers, filters, separators, and various customized products. The Life Sciences segment develops products to treat early osteoarthritis of the knee; and aesthetic and medical technologies for the skin. The Spectrum segment operates over-the-air broadcasting stations across the United States. The company was formerly known as HC2 Holdings, Inc. and changed its name to INNOVATE Corp. in September 2021. The company was incorporated in 1994 and is headquartered in New York, New York. more

Industry: MachinerySector: Industrials

Innovate Corp Stock Returns

Time FrameVATESectorS&P500
1-Week Return-5.17%0.15%-1.5%
1-Month Return-7.55%6.51%0.6%
3-Month Return7.76%15.71%2.43%
6-Month Return15.77%15.32%6.01%
1-Year Return-60%25.64%11.48%
3-Year Return-82.87%69.05%67.52%
5-Year Return-86.82%93.61%73.75%
10-Year Return-87.15%238.52%254.46%

Innovate Corp Financials

Dec '20Dec '21Dec '22Dec '23Dec '245YR TREND
Total Revenue716.90M1.21B1.64B1.42B1.11B[{"date":"2020-12-31","value":43.79,"profit":true},{"date":"2021-12-31","value":73.61,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":86.91,"profit":true},{"date":"2024-12-31","value":67.62,"profit":true}]
Cost of Revenue588.50M1.02B1.42B1.21B898.30M[{"date":"2020-12-31","value":41.56,"profit":true},{"date":"2021-12-31","value":72.14,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":85.25,"profit":true},{"date":"2024-12-31","value":63.44,"profit":true}]
Gross Profit128.40M183.70M221.40M216.00M208.80M[{"date":"2020-12-31","value":57.99,"profit":true},{"date":"2021-12-31","value":82.97,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":97.56,"profit":true},{"date":"2024-12-31","value":94.31,"profit":true}]
Gross Margin17.91%15.24%13.52%15.18%18.86%[{"date":"2020-12-31","value":94.96,"profit":true},{"date":"2021-12-31","value":80.82,"profit":true},{"date":"2022-12-31","value":71.7,"profit":true},{"date":"2023-12-31","value":80.48,"profit":true},{"date":"2024-12-31","value":100,"profit":true}]
Operating Expenses156.70M194.30M208.00M189.50M168.80M[{"date":"2020-12-31","value":75.34,"profit":true},{"date":"2021-12-31","value":93.41,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":91.11,"profit":true},{"date":"2024-12-31","value":81.15,"profit":true}]
Operating Income(28.30M)(10.60M)13.40M26.50M40.00M[{"date":"2020-12-31","value":-70.75,"profit":false},{"date":"2021-12-31","value":-26.5,"profit":false},{"date":"2022-12-31","value":33.5,"profit":true},{"date":"2023-12-31","value":66.25,"profit":true},{"date":"2024-12-31","value":100,"profit":true}]
Total Non-Operating Income/Expense(97.80M)(129.20M)(106.50M)(129.10M)(145.30M)[{"date":"2020-12-31","value":-9780000000,"profit":false},{"date":"2021-12-31","value":-12920000000,"profit":false},{"date":"2022-12-31","value":-10650000000,"profit":false},{"date":"2023-12-31","value":-12910000000,"profit":false},{"date":"2024-12-31","value":-14530000000,"profit":false}]
Pre-Tax Income(46.70M)(80.70M)(41.10M)(34.40M)(33.40M)[{"date":"2020-12-31","value":-4670000000,"profit":false},{"date":"2021-12-31","value":-8070000000,"profit":false},{"date":"2022-12-31","value":-4110000000,"profit":false},{"date":"2023-12-31","value":-3440000000,"profit":false},{"date":"2024-12-31","value":-3340000000,"profit":false}]
Income Taxes7.00M5.60M900.00K4.50M6.30M[{"date":"2020-12-31","value":100,"profit":true},{"date":"2021-12-31","value":80,"profit":true},{"date":"2022-12-31","value":12.86,"profit":true},{"date":"2023-12-31","value":64.29,"profit":true},{"date":"2024-12-31","value":90,"profit":true}]
Income After Taxes(53.70M)(86.30M)(42.00M)(38.90M)(39.70M)[{"date":"2020-12-31","value":-5370000000,"profit":false},{"date":"2021-12-31","value":-8630000000,"profit":false},{"date":"2022-12-31","value":-4200000000,"profit":false},{"date":"2023-12-31","value":-3890000000,"profit":false},{"date":"2024-12-31","value":-3970000000,"profit":false}]
Income From Continuous Operations(38.30M)(86.30M)(42.00M)(38.90M)(39.70M)[{"date":"2020-12-31","value":-3830000000,"profit":false},{"date":"2021-12-31","value":-8630000000,"profit":false},{"date":"2022-12-31","value":-4200000000,"profit":false},{"date":"2023-12-31","value":-3890000000,"profit":false},{"date":"2024-12-31","value":-3970000000,"profit":false}]
Income From Discontinued Operations(63.80M)(149.90M)---[{"date":"2020-12-31","value":-6380000000,"profit":false},{"date":"2021-12-31","value":-14990000000,"profit":false},{"date":"2022-12-31","value":"-","profit":true},{"date":"2023-12-31","value":"-","profit":true},{"date":"2024-12-31","value":"-","profit":true}]
Net Income(92.00M)(227.50M)(35.90M)(35.20M)(34.60M)[{"date":"2020-12-31","value":-9200000000,"profit":false},{"date":"2021-12-31","value":-22750000000,"profit":false},{"date":"2022-12-31","value":-3590000000,"profit":false},{"date":"2023-12-31","value":-3520000000,"profit":false},{"date":"2024-12-31","value":-3460000000,"profit":false}]
EPS (Diluted)(1.00)(1.01)(0.54)(0.47)(1.56)[{"date":"2020-12-31","value":-99.68,"profit":false},{"date":"2021-12-31","value":-100.92,"profit":false},{"date":"2022-12-31","value":-54,"profit":false},{"date":"2023-12-31","value":-47.14,"profit":false},{"date":"2024-12-31","value":-155.75,"profit":false}]

Innovate Corp Ratios

Innovate Corp Liquidity Ratios

These ratios help you determine the liquidity of the company. Higher is better.

VATE
Cash Ratio 0.04
Current Ratio 0.43
Quick Ratio 0.41

Innovate Corp Asset Efficiency Ratios

These ratios help you understand the company's efficiency in using its assets to generate returns. Higher is better. For ROE, average long term is around 14%, less than 10% is poor.

VATE
ROA (LTM) 1.17%
ROE (LTM) -19.13%

Innovate Corp Liability Ratios

These ratios help you understand the company's liabilities, gauging the riskiness of the investment.

VATE
Debt Ratio Lower is generally better. Negative is bad. 1.23
Common Equity/Total Assets Higher is better. Lower can suggest investment is riskier. -0.25

Innovate Corp Valuation Ratios

These ratios help you understand the company's valuation. Lower may indicate cheaper stocks.

VATE
Trailing PE NM
Forward PE NM
P/S (TTM) 0.06
P/B 0.74
Price/FCF 6
EV/R 0.69
EV/Ebitda 15.64

FAQs

What is Innovate Corp share price today?

Innovate Corp (VATE) share price today is $5.14

Can Indians buy Innovate Corp shares?

Yes, Indians can buy shares of Innovate Corp (VATE) on Vested. To buy

from India, you can open a US Brokerage account on Vested today by clicking on Sign Up or Invest in VATE stock at the top of this page. The account opening process is completely digital and secure, and takes a few minutes to complete.

Can Fractional shares of Innovate Corp be purchased?

Yes, you can purchase fractional shares of Innovate Corp (VATE) via the Vested app. You can start investing in Innovate Corp (VATE) with a minimum investment of $1.

How to invest in Innovate Corp shares from India?

You can invest in shares of Innovate Corp (VATE) via Vested in three simple steps:

  • Click on Sign Up or Invest in VATE stock at the top of this page
  • Breeze through our fully digital and secure KYC process and open your US Brokerage account in a few minutes
  • Transfer USD funds to your US Brokerage account and start investing in Innovate Corp shares
What is Innovate Corp 52-week high and low stock price?

The 52-week high price of Innovate Corp (VATE) is $13.19. The 52-week low price of Innovate Corp (VATE) is $4.05.

What is Innovate Corp price-to-earnings (P/E) ratio?

The price-to-earnings (P/E) ratio of Innovate Corp (VATE) is

What is Innovate Corp price-to-book (P/B) ratio?

The price-to-book (P/B) ratio of Innovate Corp (VATE) is 0.74

What is Innovate Corp dividend yield?

The dividend yield of Innovate Corp (VATE) is 0.00%

What is the Market Cap of Innovate Corp?

The market capitalization of Innovate Corp (VATE) is $68.68M

What is Innovate Corp's stock symbol?

The stock symbol (or ticker) of Innovate Corp is VATE

How Can Investors Use Innovate Corp Share Price Data for Long-Term Investment Decisions?

Consider the share price of Innovate Corp as a long-term story and not a daily point list. The price represents a movement of the stock in both good and bad times when looked at over many years. This assists the investors to know whether Innovate Corp has succeeded to expand steadily and overcome market declines. With this price movement observed and the way the business is progressing, it is easier to make a decision whether the stock is worth having in the long term or not.

How does USD - INR currency movement impact returns from Innovate Corp shares for Indian investors?

When investing in Innovate Corp shares, you are not based in India then your investment is not just based on the stock price. It is also determined by the currency movement of the dollar in relation to the rupee. When you have an appreciation of the Innovate Corp stock and the dollar appreciation is also the same, you gain more in terms of rupees. When the rupee appreciated, it will lower your profits. This currency flow is a silent cause of great contribution to your ultimate returns over many years.

How should investors compare Innovate Corp share price with other stocks in the same sector?

Rather than merely checking the share price of Innovate Corp and comparing it with that of other stocks in the same sector, one can check how robust the business is. Investors tend to compare such aspects as profits, cash generation, and the stability of the revenues of the company. This means that Innovate Corp stock in most cases does not react in the same manner as other companies in the sector due to its brand and services revenue.

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