Innoviva Stock Price, News & Analysis (NASDAQ:INVA) $13.69 -0.16 (-1.16%) (As of 10:15 AM ET) Add Compare Share Share Today's Range$13.69▼$13.9950-Day Range$12.32▼$13.8952-Week Range$10.64▼$14.08Volume30,024 shsAverage Volume655,325 shsMarket Capitalization$877.39 millionP/E Ratio31.11Dividend YieldN/APrice Target$15.17 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Innoviva MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside9.5% Upside$15.17 Price TargetShort InterestBearish15.16% of Float Sold ShortDividend StrengthN/ASustainability-0.33Upright™ Environmental ScoreNews Sentiment0.48Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.33 out of 5 starsMedical Sector847th out of 948 stocksPharmaceutical Preparations Industry413th out of 449 stocks 1.0 Analyst's Opinion Consensus RatingInnoviva has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 1 hold rating, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $15.17, Innoviva has a forecasted upside of 9.5% from its current price of $13.85.Amount of Analyst CoverageInnoviva has received no research coverage in the past 90 days. Previous Next 0.0 Short Interest Percentage of Shares Shorted15.16% of the float of Innoviva has been sold short.Short Interest Ratio / Days to CoverInnoviva has a short interest ratio ("days to cover") of 14.4, which indicates bearish sentiment.Change versus previous monthShort interest in Innoviva has recently increased by 7.13%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldInnoviva does not currently pay a dividend.Dividend GrowthInnoviva does not have a long track record of dividend growth. Previous Next 4.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreInnoviva has received a 60.40% net impact score from Upright. The largest positive contribution comes from its "Physical diseases" impact, which is driven by its "Private equity funds investing in the pharmaceuticals industry" product. See details.Environmental SustainabilityThe Environmental Impact score for Innoviva is -0.33. Previous Next 1.9 News and Social Media Coverage News SentimentInnoviva has a news sentiment score of 0.48. 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 is a lower news sentiment than the 0.76 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Innoviva this week, compared to 1 article on an average week. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Innoviva insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.40% of the stock of Innoviva is held by insiders.Percentage Held by Institutions99.12% of the stock of Innoviva is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Innoviva is 31.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.16.Price to Earnings Ratio vs. SectorThe P/E ratio of Innoviva is 31.48, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 94.91.Price to Book Value per Share RatioInnoviva has a P/B Ratio of 1.41. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Innoviva Stock (NASDAQ:INVA)Innoviva, Inc. engages in the development and commercialization of pharmaceutical products in the United States and internationally. The company's products include RELVAR/BREO ELLIPTA, a once-daily combination medicine consisting of a LABA, vilanterol (VI), an inhaled corticosteroid (ICS), and fluticasone furoate; ANORO ELLIPTA, a once-daily medicine combining a long-acting muscarinic antagonist (LAMA) and umeclidinium bromide (UMEC) with a LABA, VI; and TRELEGY ELLIPTA, a once-daily combination medicine consisting of an ICS, LAMA, and LABA. Innoviva, Inc. has a strategic partnership with Sarissa Capital Management LP. It has long-acting beta2 agonist (LABA) collaboration agreement with Glaxo Group Limited to develop and commercialize once-daily products for the treatment of chronic obstructive pulmonary disease and asthma. The company was formerly known as Theravance, Inc. and changed its name to Innoviva, Inc. in January 2016. Innoviva, Inc. was incorporated in 1996 and is headquartered in Burlingame, California.Read More INVA Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart INVA Stock News HeadlinesNovember 27, 2023 | msn.comInnoviva (INVA) Price Target Increased by 7.14% to 15.30November 18, 2023 | finance.yahoo.comInsider Sell Alert: Marianne Zhen Offloads Shares of Innoviva IncDecember 1, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. November 14, 2023 | finance.yahoo.comInnoviva, Inc. (NASDAQ:INVA) Has Fared Decently But Fundamentals Look Uncertain: What Lies Ahead For The Stock?November 3, 2023 | finance.yahoo.comInnoviva Inc (INVA) Reports Q3 2023 Financial Results: Net Income Drops to $82.0 MillionNovember 1, 2023 | finance.yahoo.comPositive Results Announced in Largest Pivotal Phase 3 Trial of a First-in-Class Oral Antibiotic to Treat Uncomplicated GonorrheaNovember 1, 2023 | finance.yahoo.comInnoviva Reports Third Quarter 2023 Financial Results and Highlights Recent Company ProgressOctober 18, 2023 | finance.yahoo.comCalculating The Intrinsic Value Of Innoviva, Inc. (NASDAQ:INVA)December 1, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. October 9, 2023 | seekingalpha.comInnoviva: A Lot Of Moving PartsSeptember 19, 2023 | finance.yahoo.comInnoviva to Participate in the Cantor Global Healthcare ConferenceSeptember 18, 2023 | finance.yahoo.comXACDURO®, The First and Only Antibiotic Developed to Target Acinetobacter, Now Available to Treat Hospital-Acquired Bacterial Pneumonia (HABP) and Ventilator-Associated Bacterial Pneumonia (VABP) in AdultsAugust 25, 2023 | finance.yahoo.comInnoviva Appoints Stephen Basso as Chief Financial OfficerAugust 3, 2023 | finance.yahoo.comInnoviva Reports Second Quarter 2023 Financial Results and Highlights Recent Company ProgressJuly 23, 2023 | fool.comInnoviva (NASDAQ: INVA)July 23, 2023 | finance.yahoo.comInvestors in Innoviva (NASDAQ:INVA) have unfortunately lost 11% over the last yearJuly 13, 2023 | benzinga.comSHAREHOLDER ALERT: Purcell & Lefkowitz LLP Is Investigating Innoviva, Inc. for Potential Breaches of Fiduciary Duty By Its Board of DirectorsJuly 11, 2023 | finance.yahoo.comArmata Pharmaceuticals Announces New Financing and Leadership Transition to Accelerate Novel Bacteriophage TherapeuticsJune 21, 2023 | seekingalpha.comInnoviva's Reward Isn't Worth The RiskJune 6, 2023 | finance.yahoo.comInnoviva to Participate in the Goldman Sachs Annual Global Healthcare ConferenceMay 23, 2023 | finance.yahoo.comInnoviva Specialty Therapeutics Announces FDA Approval for XACDURO® (sulbactam for injection; durlobactam for injection), Co-packaged for Intravenous UseMay 12, 2023 | msn.comEF Hutton Reiterates Innoviva (INVA) Buy RecommendationMay 11, 2023 | finance.yahoo.comResults from Pivotal Phase 3 ATTACK Trial of Investigational Sulbactam-Durlobactam for Treatment of Serious Infections Caused by Acinetobacter Published in The Lancet Infectious DiseasesMay 11, 2023 | finance.yahoo.comIs There An Opportunity With Innoviva, Inc.'s (NASDAQ:INVA) 35% Undervaluation?May 9, 2023 | finance.yahoo.comInnoviva Reports First Quarter 2023 Financial Results and Highlights Recent Company ProgressApril 28, 2023 | finance.yahoo.comInnoviva Announces Retirement of Board ChairmanApril 18, 2023 | msn.comInnoviva Rises on Advisory Committee Backing for Bacterial Pneumonia TherapySee More Headlines Receive INVA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Innoviva and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/01/2023Today12/01/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/27/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Pharmaceutical preparations Sub-IndustryBiotechnology SectorMedical Current SymbolNASDAQ:INVA Previous SymbolNASDAQ:THRX CUSIP88338T10 CIK1080014 Webwww.inva.com Phone(650) 238-9600Fax650-827-8690Employees101Year Founded1996Price Target and Rating Average Stock Price Target$15.17 High Stock Price Target$22.50 Low Stock Price Target$10.00 Potential Upside/Downside+9.5%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$0.44 Trailing P/E Ratio31.48 Forward P/E RatioN/A P/E GrowthN/ANet Income$213.92 million Net Margins17.17% Pretax Margin23.49% Return on Equity24.11% Return on Assets11.93% Debt Debt-to-Equity Ratio0.71 Current Ratio8.43 Quick Ratio7.31 Sales & Book Value Annual Sales$331.34 million Price / Sales2.68 Cash Flow$2.35 per share Price / Cash Flow5.89 Book Value$9.79 per share Price / Book1.41Miscellaneous Outstanding Shares64,090,000Free Float63,190,000Market Cap$887.65 million OptionableOptionable Beta0.50 Social Links 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. Pavel Raifeld C.F.A. (Age 39)Chief Executive Officer Comp: $754.67kMs. Marianne Zhen CPA (Age 54)Chief Accounting Officer & Secretary Comp: $530.21kMr. Stephen Basso M.B.A.Chief Financial OfficerKey CompetitorsMannKindNASDAQ:MNKDLigand PharmaceuticalsNASDAQ:LGNDGeronNASDAQ:GERNOPKO HealthNASDAQ:OPKLexicon PharmaceuticalsNASDAQ:LXRXView All CompetitorsInsiders & InstitutionsAmerican Century Companies Inc.Sold 56,862 shares on 11/30/2023Ownership: 1.198%Public Sector Pension Investment BoardSold 33,839 shares on 11/22/2023Ownership: 0.110%Comerica BankBought 27,973 shares on 11/21/2023Ownership: 0.044%Walleye Capital LLCBought 15,483 shares on 11/21/2023Ownership: 0.024%Shaolin Capital Management LLCSold 12,000,000 shares on 11/21/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions INVA Stock Analysis - Frequently Asked Questions Should I buy or sell Innoviva stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Innoviva in the last year. There are currently 1 sell rating, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" INVA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in INVA, but not buy additional shares or sell existing shares. View INVA analyst ratings or view top-rated stocks. What is Innoviva's stock price target for 2024? 3 brokerages have issued 12 month target prices for Innoviva's stock. Their INVA share price targets range from $10.00 to $22.50. On average, they expect the company's stock price to reach $15.17 in the next year. This suggests a possible upside of 9.5% from the stock's current price. View analysts price targets for INVA or view top-rated stocks among Wall Street analysts. How have INVA shares performed in 2023? Innoviva's stock was trading at $13.25 on January 1st, 2023. Since then, INVA shares have increased by 4.5% and is now trading at $13.85. View the best growth stocks for 2023 here. Are investors shorting Innoviva? Innoviva saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 9,610,000 shares, an increase of 7.1% from the October 31st total of 8,970,000 shares. Based on an average trading volume of 668,000 shares, the short-interest ratio is currently 14.4 days. Currently, 15.2% of the shares of the company are short sold. View Innoviva's Short Interest. When is Innoviva's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 27th 2024. View our INVA earnings forecast. How were Innoviva's earnings last quarter? Innoviva, Inc. (NASDAQ:INVA) announced its quarterly earnings data on Wednesday, November, 1st. The biotechnology company reported $0.98 EPS for the quarter. The biotechnology company earned $67.26 million during the quarter. Innoviva had a net margin of 17.17% and a trailing twelve-month return on equity of 24.11%. What ETFs hold Innoviva's stock? ETFs with the largest weight of Innoviva (NASDAQ:INVA) stock in their portfolio include LeaderShares Activist Leaders ETF (ACTV), ETC 6 Meridian Small Cap Equity ETF (SIXS), Pacer US Small Cap Cash Cows Growth Leaders ETF (CAFG), Invesco S&P SmallCap Health Care ETF (PSCH), SPDR S&P Pharmaceuticals ETF (XPH), Direxion Daily Pharmaceutical & Medical Bull 3X Shares (PILL) and iShares U.S. Pharmaceuticals ETF (IHE).Harbor Health Care ETF (MEDI). What other stocks do shareholders of Innoviva own? Based on aggregate information from My MarketBeat watchlists, some companies that other Innoviva investors own include Inovio Pharmaceuticals (INO), Gilead Sciences (GILD), Exelixis (EXEL), Micron Technology (MU), Advanced Micro Devices (AMD), Pfizer (PFE), Vertex Pharmaceuticals (VRTX), NVIDIA (NVDA), OPKO Health (OPK) and Sorrento Therapeutics (SRNE). Who are Innoviva's major shareholders? Innoviva's stock is owned by a variety of retail and institutional investors. Top institutional investors include Westfield Capital Management Co. LP (3.19%), Charles Schwab Investment Management Inc. (1.23%), American Century Companies Inc. (1.20%), Bank of New York Mellon Corp (1.12%), Northern Trust Corp (1.13%) and Invesco Ltd. (1.03%). Insiders that own company stock include Alexander J Denner, George Bickerstaff, Innoviva, Inc, Marianne Zhen, Pavel Raifeld and Plc Glaxosmithkline. View institutional ownership trends. How do I buy shares of Innoviva? Shares of INVA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. 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