INNOVATE (VATE) Competitors

$0.57
-0.03 (-5.00%)
(As of 04/24/2024 ET)

VATE vs. FGF, GEG, HAPP, ALPP, LRHC, LIVE, STRR, SRL, PAVS, and JTAI

Should you be buying INNOVATE stock or one of its competitors? The main competitors of INNOVATE include Fundamental Global (FGF), Great Elm Group (GEG), Happiness Development Group (HAPP), Alpine 4 (ALPP), La Rosa (LRHC), Live Ventures (LIVE), Star Equity (STRR), Scully Royalty (SRL), Paranovus Entertainment Technology (PAVS), and Jet.AI (JTAI). These companies are all part of the "multi-sector conglomerates" sector.

INNOVATE vs.

Fundamental Global (NASDAQ:FGF) and INNOVATE (NYSE:VATE) are both small-cap multi-sector conglomerates companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, profitability, media sentiment, dividends, valuation, community ranking, analyst recommendations, risk and earnings.

3.1% of Fundamental Global shares are held by institutional investors. Comparatively, 34.3% of INNOVATE shares are held by institutional investors. 62.7% of Fundamental Global shares are held by company insiders. Comparatively, 32.3% of INNOVATE shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Fundamental Global
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
INNOVATE
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

Fundamental Global has higher earnings, but lower revenue than INNOVATE. INNOVATE is trading at a lower price-to-earnings ratio than Fundamental Global, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Fundamental Global$26.84M1.47$3.85M$0.197.32
INNOVATE$1.42B0.03-$35.20M-$0.47-1.21

Fundamental Global and INNOVATE both received 0 outperform votes by MarketBeat users.

CompanyUnderperformOutperform
Fundamental GlobalOutperform Votes
No Votes
Underperform Votes
3
100.00%
INNOVATEN/AN/A

In the previous week, INNOVATE had 11 more articles in the media than Fundamental Global. MarketBeat recorded 13 mentions for INNOVATE and 2 mentions for Fundamental Global. Fundamental Global's average media sentiment score of 0.60 beat INNOVATE's score of 0.00 indicating that INNOVATE is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Fundamental Global
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
INNOVATE
2 Very Positive mention(s)
6 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Fundamental Global has a net margin of 14.32% compared to Fundamental Global's net margin of -2.47%. INNOVATE's return on equity of 21.51% beat Fundamental Global's return on equity.

Company Net Margins Return on Equity Return on Assets
Fundamental Global14.32% 21.51% 6.89%
INNOVATE -2.47%N/A -3.30%

Fundamental Global has a beta of 0.48, indicating that its stock price is 52% less volatile than the S&P 500. Comparatively, INNOVATE has a beta of 2.1, indicating that its stock price is 110% more volatile than the S&P 500.

Summary

Fundamental Global beats INNOVATE on 8 of the 13 factors compared between the two stocks.

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New MarketBeat Followers Over Time

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.
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Media Sentiment Over Time

This 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.
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VATE vs. The Competition

MetricINNOVATEFabricated structural metal products IndustryMulti-Sector SectorNYSE Exchange
Market Cap$47.23M$1.30B$12.89B$17.45B
Dividend YieldN/A0.69%3.98%3.54%
P/E Ratio-1.2114.696.6421.66
Price / Sales0.030.9711.3110.24
Price / Cash6.1313.2210.9717.74
Price / Book-0.301.842.034.91
Net Income-$35.20M$39.34M$864.49M$964.49M
7 Day Performance-5.68%3.03%2.68%2.27%
1 Month Performance-18.17%2.22%-3.89%-2.07%
1 Year Performance-79.86%-3.95%-1.04%91.79%

INNOVATE Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FGF
Fundamental Global
0 of 5 stars
$1.40
-4.8%
N/A-41.7%$39.72M$26.84M7.37174News Coverage
Positive News
Gap Up
GEG
Great Elm Group
0 of 5 stars
$1.90
-1.6%
N/A-8.7%$60.21M$8.66M0.0024Positive News
High Trading Volume
HAPP
Happiness Development Group
0 of 5 stars
$1.08
-1.8%
N/A-72.6%$31.30M$95.59M2.25215
ALPP
Alpine 4
0 of 5 stars
$0.75
+1.3%
N/A-67.7%$20.08M$104.56M-0.93495Gap Up
LRHC
La Rosa
0 of 5 stars
$1.48
+0.7%
N/AN/A$19.78M$26.20M0.0021Gap Down
LIVE
Live Ventures
0 of 5 stars
$26.01
-3.1%
N/A-23.6%$82.19M$355.17M-30.241,751
STRR
Star Equity
0 of 5 stars
$0.87
-1.1%
N/A+8.1%$13.87M$45.78M0.60171Gap Down
SRL
Scully Royalty
0 of 5 stars
$6.06
+0.5%
N/A-10.2%$89.86M$48.99M0.0071
PAVS
Paranovus Entertainment Technology
0 of 5 stars
$1.08
-1.8%
N/A-72.6%$9.01M$98.15M0.0080Positive News
JTAI
Jet.AI
0 of 5 stars
$0.73
-6.4%
N/AN/A$8.94M$12.22M0.008

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This page (NYSE:VATE) was last updated on 4/25/2024 by MarketBeat.com Staff

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