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INNOVATE (VATE) Competitors

$0.63
-0.02 (-3.08%)
(As of 06/7/2024 ET)

VATE vs. GIFI, TPCS, VMI, ACA, PRLB, SRL, LIVE, GEG, FGF, and HAPP

Should you be buying INNOVATE stock or one of its competitors? The main competitors of INNOVATE include Gulf Island Fabrication (GIFI), TechPrecision (TPCS), Valmont Industries (VMI), Arcosa (ACA), Proto Labs (PRLB), Scully Royalty (SRL), Live Ventures (LIVE), Great Elm Group (GEG), Fundamental Global (FGF), and Happiness Development Group (HAPP).

INNOVATE vs.

Gulf Island Fabrication (NASDAQ:GIFI) and INNOVATE (NYSE:VATE) are both small-cap oils/energy companies, but which is the superior business? We will compare the two companies based on the strength of their profitability, community ranking, earnings, analyst recommendations, risk, valuation, dividends, media sentiment and institutional ownership.

Gulf Island Fabrication has higher earnings, but lower revenue than INNOVATE. Gulf Island Fabrication is trading at a lower price-to-earnings ratio than INNOVATE, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Gulf Island Fabrication$151.07M0.71-$24.40M-$1.17-5.67
INNOVATE$1.42B0.04-$35.20M-$0.56-1.13

Gulf Island Fabrication received 193 more outperform votes than INNOVATE when rated by MarketBeat users.

CompanyUnderperformOutperform
Gulf Island FabricationOutperform Votes
193
66.10%
Underperform Votes
99
33.90%
INNOVATEN/AN/A

46.4% of Gulf Island Fabrication shares are held by institutional investors. Comparatively, 34.3% of INNOVATE shares are held by institutional investors. 20.1% of Gulf Island Fabrication shares are held by insiders. Comparatively, 32.3% of INNOVATE shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Gulf Island Fabrication has a beta of 0.46, meaning that its share price is 54% less volatile than the S&P 500. Comparatively, INNOVATE has a beta of 2.45, meaning that its share price is 145% more volatile than the S&P 500.

INNOVATE has a net margin of -3.07% compared to INNOVATE's net margin of -14.27%. Gulf Island Fabrication's return on equity of 0.00% beat INNOVATE's return on equity.

Company Net Margins Return on Equity Return on Assets
Gulf Island Fabrication-14.27% -22.11% -14.65%
INNOVATE -3.07%N/A -4.19%

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Gulf Island Fabrication
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00
INNOVATE
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

In the previous week, Gulf Island Fabrication had 1 more articles in the media than INNOVATE. MarketBeat recorded 1 mentions for Gulf Island Fabrication and 0 mentions for INNOVATE. INNOVATE's average media sentiment score of 1.92 beat Gulf Island Fabrication's score of 0.00 indicating that Gulf Island Fabrication is being referred to more favorably in the media.

Company Overall Sentiment
Gulf Island Fabrication Very Positive
INNOVATE Neutral

Summary

INNOVATE beats Gulf Island Fabrication on 8 of the 15 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding VATE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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VATE vs. The Competition

MetricINNOVATEFabricated structural metal products IndustryMulti-Sector SectorNYSE Exchange
Market Cap$53.68M$1.71B$17.83B$17.70B
Dividend YieldN/A0.60%4.11%3.55%
P/E Ratio-1.1326.067.3125.67
Price / Sales0.041.0711.7714.45
Price / Cash6.7414.4612.5120.21
Price / Book-0.332.082.164.99
Net Income-$35.20M$43.22M$972.38M$975.94M
7 Day Performance3.23%0.80%-0.77%-1.87%
1 Month Performance-10.98%-5.77%-1.27%-0.74%
1 Year Performance-59.08%-1.91%-8.11%8.66%

INNOVATE Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GIFI
Gulf Island Fabrication
0 of 5 stars
$6.63
flat
N/A+102.1%$107.96M$131.78M-5.67839Positive News
TPCS
TechPrecision
0 of 5 stars
$3.60
-2.7%
N/A-53.5%$31.60M$31.43M-10.59155
VMI
Valmont Industries
3.0465 of 5 stars
$256.20
+1.0%
$262.00
+2.3%
-8.8%$5.17B$4.17B33.7511,125Positive News
ACA
Arcosa
4.2041 of 5 stars
$83.63
-1.3%
$93.00
+11.2%
+14.1%$4.06B$2.31B28.646,075News Coverage
Positive News
PRLB
Proto Labs
2.2232 of 5 stars
$32.23
-0.6%
$41.25
+28.0%
-8.2%$815.93M$503.88M41.862,415Analyst Forecast
Analyst Revision
SRL
Scully Royalty
0 of 5 stars
$6.82
+2.6%
N/A+3.2%$101.09M$40.70M0.0072
LIVE
Live Ventures
0 of 5 stars
$25.45
+3.8%
N/A+3.6%$80.01M$355.17M-10.651,751
GEG
Great Elm Group
0 of 5 stars
$1.76
flat
N/A-19.6%$56.10M$8.66M0.0024Positive News
FGF
Fundamental Global
0 of 5 stars
$1.15
-2.5%
N/A-36.1%$32.62M$26.84M-6.39174News Coverage
HAPP
Happiness Development Group
0 of 5 stars
$0.88
-5.4%
N/A-71.7%$31.30M$95.59M1.83215Gap Down

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This page (NYSE:VATE) was last updated on 6/9/2024 by MarketBeat.com Staff

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