InnovAge (INNV) Competitors

$4.08
+0.20 (+5.15%)
(As of 05/2/2024 ET)

INNV vs. TALK, WGS, DCGO, PNTG, SHCR, PIII, LFMD, CDMO, PETQ, and CELC

Should you be buying InnovAge stock or one of its competitors? The main competitors of InnovAge include Talkspace (TALK), GeneDx (WGS), DocGo (DCGO), The Pennant Group (PNTG), Sharecare (SHCR), P3 Health Partners (PIII), LifeMD (LFMD), Avid Bioservices (CDMO), PetIQ (PETQ), and Celcuity (CELC). These companies are all part of the "medical" sector.

InnovAge vs.

InnovAge (NASDAQ:INNV) and Talkspace (NASDAQ:TALK) are both small-cap medical companies, but which is the superior stock? We will compare the two companies based on the strength of their profitability, valuation, dividends, earnings, institutional ownership, analyst recommendations, media sentiment, risk and community ranking.

In the previous week, InnovAge had 1 more articles in the media than Talkspace. MarketBeat recorded 6 mentions for InnovAge and 5 mentions for Talkspace. Talkspace's average media sentiment score of 0.34 beat InnovAge's score of 0.09 indicating that Talkspace is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
InnovAge
2 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Talkspace
1 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

InnovAge presently has a consensus price target of $6.50, suggesting a potential upside of 59.31%. Talkspace has a consensus price target of $3.00, suggesting a potential downside of 4.15%. Given InnovAge's higher possible upside, equities research analysts plainly believe InnovAge is more favorable than Talkspace.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
InnovAge
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
Talkspace
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

12.3% of InnovAge shares are held by institutional investors. Comparatively, 57.4% of Talkspace shares are held by institutional investors. 0.4% of InnovAge shares are held by insiders. Comparatively, 18.4% of Talkspace shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

InnovAge and Talkspace both received 0 outperform votes by MarketBeat users.

CompanyUnderperformOutperform
InnovAgeOutperform Votes
No Votes
Underperform Votes
3
100.00%
TalkspaceOutperform Votes
No Votes
Underperform Votes
3
100.00%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
InnovAge$688.09M0.81-$40.67M-$0.25-16.32
Talkspace$150.04M3.54-$19.18M-$0.12-26.08

InnovAge has a beta of 0.24, indicating that its stock price is 76% less volatile than the S&P 500. Comparatively, Talkspace has a beta of 1.29, indicating that its stock price is 29% more volatile than the S&P 500.

InnovAge has a net margin of -4.38% compared to Talkspace's net margin of -12.78%. InnovAge's return on equity of -10.53% beat Talkspace's return on equity.

Company Net Margins Return on Equity Return on Assets
InnovAge-4.38% -10.53% -5.69%
Talkspace -12.78%-16.06%-13.51%

Summary

InnovAge and Talkspace tied by winning 7 of the 14 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding INNV 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 NASDAQ 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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INNV vs. The Competition

MetricInnovAgeHealth services IndustryMedical SectorNASDAQ Exchange
Market Cap$554.47M$885.35M$4.93B$7.55B
Dividend YieldN/A1.73%2.81%3.98%
P/E Ratio-16.3235.02259.9718.73
Price / Sales0.812.732,439.1390.27
Price / CashN/A19.5247.7735.59
Price / Book1.832.464.834.31
Net Income-$40.67M-$15.69M$103.82M$214.33M
7 Day Performance7.37%8.93%3.57%2.20%
1 Month Performance-12.07%3.69%-3.52%-2.94%
1 Year PerformanceN/A21.04%6.55%9.24%

InnovAge Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TALK
Talkspace
0.3799 of 5 stars
$3.06
-1.0%
$3.00
-2.0%
+294.6%$516.83M$150.04M-25.50472Upcoming Earnings
WGS
GeneDx
1.1445 of 5 stars
$17.07
+55.2%
$18.00
+5.4%
+135.9%$444.67M$202.57M-2.291,000Analyst Report
High Trading Volume
DCGO
DocGo
4.782 of 5 stars
$3.38
-6.6%
$10.58
+213.1%
-56.9%$352.10M$624.29M48.294,164Upcoming Earnings
Analyst Report
PNTG
The Pennant Group
2.0682 of 5 stars
$20.91
+1.1%
$18.75
-10.3%
+59.5%$627.51M$544.89M47.525,791Upcoming Earnings
SHCR
Sharecare
1.8714 of 5 stars
$0.72
-4.0%
$1.00
+39.7%
-52.1%$256.70M$445.25M-1.933,352Upcoming Earnings
PIII
P3 Health Partners
1.1279 of 5 stars
$0.54
+15.0%
$4.75
+784.2%
-63.9%$169.70M$1.27B-0.83400Upcoming Earnings
News Coverage
LFMD
LifeMD
0.1734 of 5 stars
$11.93
+0.5%
$10.40
-12.8%
+743.9%$481.61M$152.55M-17.04207Upcoming Earnings
News Coverage
CDMO
Avid Bioservices
3.6541 of 5 stars
$7.63
+0.9%
$14.25
+86.8%
-53.4%$484.35M$149.27M-28.26365Analyst Report
PETQ
PetIQ
1.6669 of 5 stars
$16.32
-0.6%
$29.00
+77.7%
+45.9%$480.30M$1.10B272.051,933Upcoming Earnings
CELC
Celcuity
2.09 of 5 stars
$15.77
-1.7%
$29.00
+83.9%
+87.7%$480.20MN/A-5.8655

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This page (NASDAQ:INNV) was last updated on 5/3/2024 by MarketBeat.com Staff

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