Innovate Corp's fundamentals are relatively stable, and its growth potential is high.Its valuation is considered fairly valued, ranking 38/42 in the Construction & Engineering industry.Institutional ownership is very high.In the medium term, the stock price is expected to trend up.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Innovate Corp's Score
Industry at a Glance
Industry Ranking
38 / 42
Overall Ranking
416 / 4582
Industry
Construction & Engineering
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
0
analysts
--
Current Rating
--
Target Price
--
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Innovate Corp Highlights
StrengthsRisks
Innovate Corp. is a diversified holding company. The Company has a portfolio of subsidiaries in a variety of operating segments. Its segments include Infrastructure (DBMG), Life Sciences (Pansend), and Spectrum. The DBMG segment consists of DBM Global Inc., which is a fully integrated construction company offering both construction and professional services primarily through its core subsidiaries. It provides services, including design-assist, modularization, fabrication and erection of structural steel, heavy steel plate, trusses and girders, heavy equipment installation, as well as facility services for maintenance and shutdowns. Life Sciences segment consists of Pansend Life Sciences, LLC, which is focused on supporting healthcare and biotechnology product development. Spectrum segment consists of HC2 Broadcasting Holdings Inc. and its subsidiaries. It owns and operates broadcast television stations throughout the United States.
Overvalued
The company’s latest PE is -0.91, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 2.49M shares, decreasing 34.87% quarter-over-quarter.
Innovate Corp. is a diversified holding company. The Company has a portfolio of subsidiaries in a variety of operating segments. Its segments include Infrastructure (DBMG), Life Sciences (Pansend), and Spectrum. The DBMG segment consists of DBM Global Inc., which is a fully integrated construction company offering both construction and professional services primarily through its core subsidiaries. It provides services, including design-assist, modularization, fabrication and erection of structural steel, heavy steel plate, trusses and girders, heavy equipment installation, as well as facility services for maintenance and shutdowns. Life Sciences segment consists of Pansend Life Sciences, LLC, which is focused on supporting healthcare and biotechnology product development. Spectrum segment consists of HC2 Broadcasting Holdings Inc. and its subsidiaries. It owns and operates broadcast television stations throughout the United States.
Ticker SymbolVATE
CompanyInnovate Corp
CEOVoigt (Paul K)
Websitehttps://innovatecorp.com/
FAQs
What is the current price of Innovate Corp (VATE)?
The current price of Innovate Corp (VATE) is 5.350.
What is the symbol of Innovate Corp?
The ticker symbol of Innovate Corp is VATE.
What is the 52-week high of Innovate Corp?
The 52-week high of Innovate Corp is 13.790.
What is the 52-week low of Innovate Corp?
The 52-week low of Innovate Corp is 4.050.
What is the market capitalization of Innovate Corp?
The market capitalization of Innovate Corp is 73.05M.
What is the net income of Innovate Corp?
The net income of Innovate Corp is -35.80M.
Is Innovate Corp (VATE) currently rated as Buy, Hold, or Sell?
According to analysts, Innovate Corp (VATE) has an overall rating of --, with a price target of --.
What is the Earnings Per Share (EPS TTM) of Innovate Corp (VATE)?
The Earnings Per Share (EPS TTM) of Innovate Corp (VATE) is -5.709.