VATE vs. GEG, LIVE, FGF, SRL, LRHC, ALPP, STRR, PAVS, JTAI, and HAPP
Should you be buying INNOVATE stock or one of its competitors? The main competitors of INNOVATE include Great Elm Group (GEG), Live Ventures (LIVE), Fundamental Global (FGF), Scully Royalty (SRL), La Rosa (LRHC), Alpine 4 (ALPP), Star Equity (STRR), Paranovus Entertainment Technology (PAVS), Jet.AI (JTAI), and Happiness Development Group (HAPP). These companies are all part of the "multi-sector conglomerates" sector.
Great Elm Group (NASDAQ:GEG) and INNOVATE (NYSE:VATE) are both small-cap multi-sector conglomerates companies, but which is the better investment? We will contrast the two businesses based on the strength of their earnings, profitability, dividends, community ranking, risk, valuation, analyst recommendations, media sentiment and institutional ownership.
In the previous week, INNOVATE had 3 more articles in the media than Great Elm Group. MarketBeat recorded 12 mentions for INNOVATE and 9 mentions for Great Elm Group. INNOVATE's average media sentiment score of 1.24 beat Great Elm Group's score of 0.77 indicating that Great Elm Group is being referred to more favorably in the media.
52.8% of Great Elm Group shares are held by institutional investors. Comparatively, 34.3% of INNOVATE shares are held by institutional investors. 43.4% of Great Elm Group shares are held by insiders. Comparatively, 32.3% of INNOVATE shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
INNOVATE has a net margin of -3.07% compared to INNOVATE's net margin of -48.75%. Great Elm Group's return on equity of 0.00% beat INNOVATE's return on equity.
Great Elm Group has a beta of 1.11, meaning that its share price is 11% more volatile than the S&P 500. Comparatively, INNOVATE has a beta of 2.41, meaning that its share price is 141% more volatile than the S&P 500.
Great Elm Group has higher earnings, but lower revenue than INNOVATE.
Great Elm Group and INNOVATE both received 0 outperform votes by MarketBeat users.
Summary
Great Elm Group beats INNOVATE on 6 of the 11 factors compared between the two stocks.
Get INNOVATE News Delivered to You Automatically
Sign up to receive the latest news and ratings for VATE and its competitors with MarketBeat's FREE daily newsletter.
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.
Skip ChartThis 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.
Skip Chart
INNOVATE Competitors List
Related Companies and Tools