NYSE:IVC - Invacare Stock Price, News, & Analysis

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$8.17 -0.58 (-6.63 %)
(As of 03/24/2019 11:19 AM ET)
Previous Close$8.17
Today's Range$8.16 - $8.70
52-Week Range$3.05 - $20.00
Volume551,230 shs
Average Volume624,205 shs
Market Capitalization$271.65 million
P/E RatioN/A
Dividend Yield0.61%
Beta2.38
Invacare Corporation, together with its subsidiaries, designs, manufactures, distributes, and exports medical equipment for use in home health care, retail, and extended care markets worldwide. The company operates through four segments: North America/Home Medical Equipment, Institutional Products Group, Europe, and the Asia/Pacific. It offers mobility and seating products, such as power wheelchairs under the Invacare TDX brand; custom manual wheelchairs under the Invacare, Invacare Top End, and Küschall brand names; and seating and positioning products. The company also provides lifestyle products, including pressure relieving overlays and mattress replacement systems under the Invacare Softform and microAIR brands; safe resident handling products; residential care and home beds and bed accessories, and manual wheelchairs under the Invacare brand name; and personal care products. In addition, the company offers respiratory therapy products comprising stationary oxygen concentrators under the Perfecto2, Perfecto2 V, and Platinum brands; Invacare HomeFill oxygen systems; and Invacare SOLO2 and XPO2 transportable oxygen concentrators. Further, it sells and distributes healthcare furnishings consisting of long-term care beds, case goods, safe patient handling equipment, and other equipment and accessories for long-term care customers. It sells its products primarily to home medical equipment providers through retail and e-commerce channels, as well as to residential care operators, distributors, and government health service customers through its sales force, independent manufacturers' representatives, and distributors. Invacare Corporation was founded in 1885 and is headquartered in Elyria, Ohio.

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Industry, Sector and Symbol

Industry Surgical appliances & supplies
Sub-IndustryHealth Care Equipment
SectorMedical
CUSIP46120310
Phone440-329-6000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$972.35 million
Book Value$9.70 per share

Profitability

Net Income$-43,920,000.00

Miscellaneous

Employees4,200
Market Cap$271.65 million
Next Earnings Date5/6/2019 (Estimated)
OptionableOptionable

Invacare (NYSE:IVC) Frequently Asked Questions

What is Invacare's stock symbol?

Invacare trades on the New York Stock Exchange (NYSE) under the ticker symbol "IVC."

How often does Invacare pay dividends? What is the dividend yield for Invacare?

Invacare announced a quarterly dividend on Friday, February 22nd. Shareholders of record on Thursday, April 4th will be paid a dividend of $0.0125 per share on Thursday, April 18th. This represents a $0.05 annualized dividend and a yield of 0.61%. The ex-dividend date is Wednesday, April 3rd. View Invacare's Dividend History.

How were Invacare's earnings last quarter?

Invacare Co. (NYSE:IVC) posted its quarterly earnings data on Wednesday, February, 13th. The health services provider reported ($0.16) earnings per share for the quarter, topping analysts' consensus estimates of ($0.42) by $0.26. The health services provider had revenue of $244.60 million for the quarter, compared to the consensus estimate of $239.22 million. Invacare had a negative return on equity of 11.38% and a negative net margin of 4.52%. The company's revenue for the quarter was down 2.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.42) earnings per share. View Invacare's Earnings History.

When is Invacare's next earnings date?

Invacare is scheduled to release their next quarterly earnings announcement on Monday, May 6th 2019. View Earnings Estimates for Invacare.

What price target have analysts set for IVC?

3 analysts have issued 12-month target prices for Invacare's shares. Their predictions range from $15.00 to $23.00. On average, they expect Invacare's share price to reach $19.00 in the next twelve months. This suggests a possible upside of 132.6% from the stock's current price. View Analyst Price Targets for Invacare.

What is the consensus analysts' recommendation for Invacare?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Invacare in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Invacare.

What are Wall Street analysts saying about Invacare stock?

Here are some recent quotes from research analysts about Invacare stock:
  • 1. According to Zacks Investment Research, "Invacare Corporation is a leading manufacturer and distributor in its markets for medical equipment used in non-acute care settings. At its core, the company designs, manufactures and distributes medical devices that help people to move, breathe, rest and perform essential hygiene. The company provides clinically complex medical device solutions for congenital (e.g., cerebral palsy, muscular dystrophy, spina bifida), acquired (e.g., stroke, spinal cord injury, traumatic brain injury, post-acute recovery, pressure ulcers) and degenerative (e.g., ALS, multiple sclerosis, chronic obstructive pulmonary disease (COPD), elderly, bariatric) ailments. The company's products are important parts of care for people with a wide range of challenges, from those who are active and involved in work or school each day and may need additional mobility or respiratory support, to those who are cared for in residential care settings, at home and in rehabilitation centers. " (2/21/2019)
  • 2. Needham & Company LLC analysts commented, "IVC’s 4Q18 revenue and EPS beat consensus. In 4Q18, IVC’s segment growth improved except for NA/HME, which slowed. Free cash flow also improved in 4Q18 and IVC achieved positive EBITDA. IVC updated its longer-term EBITDA guidance and now expects to reach a run rate of $85-105M by the end of 2020 (vs. prior guidance of $100M by 3Q20). And while the 4Q18 results were encouraging, we believe more details on IVC’s updated Transformation Plan will be just as important. Given the improvements in 4Q18 and potential for more aggressive restructuring, we reiterate our Buy rating." (2/14/2019)

Has Invacare been receiving favorable news coverage?

News coverage about IVC stock has trended somewhat positive on Sunday, according to InfoTrie. InfoTrie scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Invacare earned a news impact score of 2.0 on InfoTrie's scale. They also gave media coverage about the health services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the next few days.

Who are some of Invacare's key competitors?

What other stocks do shareholders of Invacare own?

Who are Invacare's key executives?

Invacare's management team includes the folowing people:
  • Mr. Matthew E. Monaghan, Chairman, Pres & CEO (Age 51)
  • Ms. Kathleen P. Leneghan, Sr. VP & CFO (Age 56)
  • Mr. Anthony C. LaPlaca, Sr. VP, Gen. Counsel & Sec. (Age 61)
  • Mr. Ralf Ledda, Sr. VP & GM of EMEA (Age 51)
  • Lois Lee, Director of Treasury and Investor Relations

Who are Invacare's major shareholders?

Invacare's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.22%), Elk Creek Partners LLC (9.35%), Dimensional Fund Advisors LP (8.20%), Dimensional Fund Advisors LP (8.20%), Royce & Associates LP (6.70%) and Barrow Hanley Mewhinney & Strauss LLC (6.43%). Company insiders that own Invacare stock include Anthony Laplaca, Baiju R Shah, C Martin Harris, Clifford D Nastas, Dale C Laporte, Dean J Childers, Kathleen P Leneghan and Matthew E Monaghan. View Institutional Ownership Trends for Invacare.

Which major investors are selling Invacare stock?

IVC stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Monarch Partners Asset Management LLC, Millennium Management LLC, Dimensional Fund Advisors LP, Dimensional Fund Advisors LP, Barclays PLC, United Services Automobile Association and Northern Trust Corp. Company insiders that have sold Invacare company stock in the last year include Anthony Laplaca, Baiju R Shah, C Martin Harris and Dean J Childers. View Insider Buying and Selling for Invacare.

Which major investors are buying Invacare stock?

IVC stock was acquired by a variety of institutional investors in the last quarter, including Elk Creek Partners LLC, Royce & Associates LP, Circle Road Advisors LP, Two Sigma Investments LP, Krensavage Asset Management LLC, Krensavage Asset Management LLC, Alambic Investment Management L.P. and Prospect Capital Advisors LLC. Company insiders that have bought Invacare stock in the last two years include Clifford D Nastas, Kathleen P Leneghan and Matthew E Monaghan. View Insider Buying and Selling for Invacare.

How do I buy shares of Invacare?

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

What is Invacare's stock price today?

One share of IVC stock can currently be purchased for approximately $8.17.

How big of a company is Invacare?

Invacare has a market capitalization of $271.65 million and generates $972.35 million in revenue each year. The health services provider earns $-43,920,000.00 in net income (profit) each year or ($1.32) on an earnings per share basis. Invacare employs 4,200 workers across the globe.

What is Invacare's official website?

The official website for Invacare is http://www.invacare.com.

How can I contact Invacare?

Invacare's mailing address is ONE INVACARE WAY, ELYRIA OH, 44036. The health services provider can be reached via phone at 440-329-6000 or via email at [email protected]


MarketBeat Community Rating for Invacare (NYSE IVC)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  185 (Vote Outperform)
Underperform Votes:  223 (Vote Underperform)
Total Votes:  408
MarketBeat's community ratings are surveys of what our community members think about Invacare and other stocks. Vote "Outperform" if you believe IVC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe IVC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/24/2019 by MarketBeat.com Staff

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