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NYSE:IVCInvacare Stock Price, Forecast & News

$6.71
+0.55 (+8.93 %)
(As of 06/2/2020 04:00 PM ET)
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Today's Range
$6.13
Now: $6.71
$7.24
50-Day Range
$5.20
MA: $6.65
$7.73
52-Week Range
$3.90
Now: $6.71
$11.63
Volume699,400 shs
Average Volume457,122 shs
Market Capitalization$230.96 million
P/E RatioN/A
Dividend Yield0.75%
Beta1.17
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 Europe, North America/Home Medical Equipment, Institutional Products Group, and the Asia/Pacific segments. 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 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 Platinum and Perfecto2 brands; portable oxygen concentrators; and Invacare HomeFill oxygen systems. 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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Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.3Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.74 out of 5 stars


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$927.96 million
Cash Flow$0.10 per share
Book Value$8.20 per share

Profitability

Net Income$-53,330,000.00

Miscellaneous

Employees3,900
Market Cap$230.96 million
Next Earnings Date8/3/2020 (Estimated)
OptionableOptionable

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Invacare (NYSE:IVC) Frequently Asked Questions

How has Invacare's stock been impacted by COVID-19 (Coronavirus)?

Invacare's stock was trading at $6.05 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, IVC stock has increased by 10.9% and is now trading at $6.71. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Invacare?

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

When is Invacare's next earnings date?

Invacare is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Invacare.

How were Invacare's earnings last quarter?

Invacare Co. (NYSE:IVC) announced its quarterly earnings results on Wednesday, May, 6th. The health services provider reported ($0.21) earnings per share for the quarter, beating analysts' consensus estimates of ($0.22) by $0.01. The health services provider had revenue of $218.44 million for the quarter, compared to analysts' expectations of $218 million. Invacare had a negative return on equity of 10.17% and a negative net margin of 4.19%. View Invacare's earnings history.

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

Invacare declared a quarterly dividend on Thursday, February 20th. Investors of record on Friday, April 3rd will be given a dividend of $0.0125 per share on Friday, April 17th. This represents a $0.05 dividend on an annualized basis and a yield of 0.75%. The ex-dividend date is Thursday, April 2nd. View Invacare's dividend history.

What guidance has Invacare issued on next quarter's earnings?

Invacare issued an update on its first quarter 2020 Pre-Market earnings guidance on Tuesday, April, 14th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $218-218 million, compared to the consensus revenue estimate of $222.51 million.

What price target have analysts set for IVC?

2 Wall Street analysts have issued 1 year target prices for Invacare's stock. Their forecasts range from $11.00 to $17.00. On average, they expect Invacare's stock price to reach $14.00 in the next year. This suggests a possible upside of 108.6% from the stock's current price. View analysts' price targets for Invacare.

Has Invacare been receiving favorable news coverage?

News headlines about IVC stock have trended extremely negative this week, according to InfoTrie Sentiment. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Invacare earned a news sentiment score of -4.6 on InfoTrie's scale. They also gave press coverage about the health services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutInvacare.

Are investors shorting Invacare?

Invacare saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 5,380,000 shares, a drop of 5.1% from the April 30th total of 5,670,000 shares. Based on an average trading volume of 460,200 shares, the days-to-cover ratio is presently 11.7 days. Approximately 16.7% of the company's shares are sold short. View Invacare's Current Options Chain.

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 following 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)
  • Ms. Darcie L. Karol, Sr. VP of HR (Age 52)
  • Mr. Ralf A. Ledda, Sr. VP & GM of EMEA (Age 51)

What is Invacare's stock symbol?

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

Who are Invacare's major shareholders?

Invacare's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (15.10%), State Street Corp (3.67%), Wellington Management Group LLP (3.14%), Russell Investments Group Ltd. (2.91%), Krensavage Asset Management LLC (2.58%) and JPMorgan Chase & Co. (1.52%). Company insiders that own Invacare stock include Anthony Laplaca, Baiju R Shah, Clifford D Nastas, 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 Bank of New York Mellon Corp, Wells Fargo & Company MN, BlackRock Inc., Squarepoint Ops LLC, Chicago Equity Partners LLC, WINTON GROUP Ltd, Engineers Gate Manager LP, and Invesco Ltd.. View insider buying and selling activity for Invacare.

Which major investors are buying Invacare stock?

IVC stock was bought by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Russell Investments Group Ltd., JPMorgan Chase & Co., Paradigm Capital Management Inc. NY, Nuveen Asset Management LLC, AQR Capital Management LLC, Acadian Asset Management LLC, and Trexquant Investment LP. 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 activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Invacare's stock price today?

One share of IVC stock can currently be purchased for approximately $6.71.

How big of a company is Invacare?

Invacare has a market capitalization of $230.96 million and generates $927.96 million in revenue each year. The health services provider earns $-53,330,000.00 in net income (profit) each year or ($1.06) on an earnings per share basis. Invacare employs 3,900 workers across the globe.

What is Invacare's official website?

The official website for Invacare is www.invacare.com.

How can I contact Invacare?

Invacare's mailing address is ONE INVACARE WAY, ELYRIA OH, 44035. The health services provider can be reached via phone at 440-329-6000 or via email at [email protected]

This page was last updated on 6/3/2020 by MarketBeat.com Staff

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