Innoviva Inc's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 7 out of 159 in the Pharmaceuticals industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 32.50.In the medium term, the stock price is expected to remain stable.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Innoviva Inc is 9.09, ranking 18 out of 159 in the Pharmaceuticals industry. Its financial status is robust, and its operating efficiency is high. Its latest quarterly revenue reached 107.80M, representing a year-over-year increase of 20.44%, while its net profit experienced a year-over-year increase of 7312.04%.
Key Metrics
The current valuation score of Innoviva Inc is 7.66, ranking 53 out of 159 in the Pharmaceuticals industry. Its current P/E ratio is 11.05, which is 360.63% below the recent high of 50.90 and 308.10% above the recent low of -22.99.
The current earnings forecast score of Innoviva Inc is 7.50, ranking 104 out of 159 in the Pharmaceuticals industry. The average price target is 33.00, with a high of 45.00 and a low of 18.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Innoviva Inc is 9.64, ranking 16 out of 159 in the Pharmaceuticals industry. Currently, the stock price is trading between the resistance level at 22.81 and the support level at 19.89, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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The current institutional shareholding score of Innoviva Inc is 10.00, ranking 1 out of 159 in the Pharmaceuticals industry. The latest institutional shareholding proportion is 108.09%, representing a quarter-over-quarter increase of 6.86%. The largest institutional shareholder is The Vanguard, holding a total of 7.90M shares, representing 10.57% of shares outstanding, with 5.63% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Pharmaceuticals domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Innoviva Inc is 7.78, ranking 35 out of 159 in the Pharmaceuticals industry. The company's beta value is 0.43. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. with an industry-leading ESG disclosure.
