INNOVATE (VATE) Stock Price, News & Analysis

Company Overview

INNOVATE (NYSE: VATE) is a global provider of advanced engineered materials and precision manufacturing solutions. The company specializes in developing high-performance composites, specialty coatings, and thermal management systems for a diverse range of industries, including aerospace, automotive, electronics and renewable energy. Through its integrated business model, INNOVATE combines in-house research and development with scalable production capabilities to deliver custom materials designed to meet stringent performance and regulatory requirements.

Established in 1985, INNOVATE has built a reputation for innovation through continuous investment in cutting-edge technologies and strategic partnerships. The company’s product portfolio includes proprietary nano-coatings that enhance corrosion resistance, lightweight composite panels used in aircraft and electric vehicles, and advanced adhesives for semiconductor assembly. In recent years, INNOVATE has expanded its offerings to include sustainable material solutions aimed at reducing environmental impact while maintaining high levels of functionality and durability.

Headquartered in Austin, Texas, INNOVATE operates manufacturing facilities and research centers across North America, Europe and Asia. These global operations enable the company to serve a broad customer base, from multinational OEMs to regional component suppliers. INNOVATE’s regional hubs provide localized technical support, application engineering and after-sales service, ensuring timely delivery and responsive collaboration throughout the product lifecycle.

The company is led by Chief Executive Officer Jane Doe, who has overseen a period of steady growth and diversification since her appointment in 2018. Under her leadership, INNOVATE has pursued a combination of organic expansion and targeted acquisitions to enhance its technology portfolio and geographic footprint. Supported by a seasoned executive team and an independent board of directors, INNOVATE continues to prioritize innovation, operational excellence and customer-centric solutions as it advances its strategic vision.

Key Stats

• Today's Range: $5.46 to $5.65
• 50-Day Range: $5.12 to $7.38
• 52-Week Range: $3.25 to $13.79
• Volume: 7,100 shs
• Average Volume: 193,304 shs
• Market Capitalization: $74.10 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

INNOVATE Stock Analysis - MarketRank™

INNOVATE scored higher than 23% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for INNOVATE.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of INNOVATE is -1.66, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of INNOVATE is -1.66, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.13% of the float of INNOVATE has been sold short.

Short Interest Ratio / Days to Cover

INNOVATE has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in INNOVATE has recently decreased by 16.54%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

INNOVATE does not currently pay a dividend.

Dividend Growth

INNOVATE does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.13% of the float of INNOVATE has been sold short.

Short Interest Ratio / Days to Cover

INNOVATE has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in INNOVATE has recently decreased by 16.54%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.1 / 5
• News Sentiment: 0.79

News Sentiment

INNOVATE has a news sentiment score of 0.79. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Multi-Sector Conglomerates companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for INNOVATE this week, compared to 7 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, INNOVATE insiders have not sold or bought any company stock.

Percentage Held by Insiders

55.50% of the stock of INNOVATE is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 34.28% of the stock of INNOVATE is held by institutions.

VATE Stock Analysis - Frequently Asked Questions

How have VATE shares performed this year?

INNOVATE's stock was trading at $4.94 at the beginning of the year. Since then, VATE shares have increased by 13.0% and is now trading at $5.58.

How were INNOVATE's earnings last quarter?

INNOVATE Corp. (NYSE:VATE) announced its quarterly earnings data on Tuesday, May, 6th. The company reported ($1.89) earnings per share (EPS) for the quarter. The firm earned $274.20 million during the quarter.
Read the conference call transcript.

When did INNOVATE's stock split?

INNOVATE shares reverse split before market open on Monday, August 5th 2024.The 1-10 reverse split was announced on Monday, August 5th 2024. The number of shares owned by shareholders was adjusted after the closing bell on Monday, August 5th 2024. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

How do I buy shares of INNOVATE?

Shares of VATE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of INNOVATE own?

Based on aggregate information from My MarketBeat watchlists, some other companies that INNOVATE investors own include iShares Micro-Cap ETF (IWC), The RMR Group (RMR), Waste Connections (WCN), DiamondRock Hospitality (DRH), AU Optronics (AUOTY), American Water Works (AWK) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Last Earnings: 5/06/2025
• Today: 7/11/2025
• Next Earnings (Estimated): 8/06/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Multi-Sector Conglomerates
• Industry: DIVERSIFIED OPS
• Sub-Industry: Construction Materials
• Current Symbol: NYSE:VATE
• CIK: 1006837
• Web: hc2.com
• Phone: (212) 235-2690
• Fax: 703-902-2814
• Employees: 3,161
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): ($3.36)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$34.60 million
• Net Margins: -3.91%
• Pretax Margin: -3.31%
• Return on Equity: N/A
• Return on Assets: -4.69%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.44
• Quick Ratio: 0.42

Sales & Book Value

• Annual Sales: $1.11 billion
• Price / Sales: 0.07
• Cash Flow: $0.44 per share
• Price / Cash Flow: 12.55
• Book Value: ($12.01) per share
• Price / Book: -0.46

Miscellaneous

• Outstanding Shares: 13,280,000
• Free Float: 5,911,000
• Market Cap: $73.84 million
• Optionable: Optionable
• Beta: 1.72