NASDAQ:INNV InnovAge (INNV) Stock Price, News & Analysis $6.35 +0.20 (+3.25%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$6.14▼$6.3750-Day Range$4.03▼$6.3552-Week Range$3.52▼$7.73Volume66,013 shsAverage Volume79,638 shsMarket Capitalization$863.54 millionP/E RatioN/ADividend YieldN/APrice Target$6.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends Get InnovAge alerts: Email Address InnovAge MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside2.4% Upside$6.50 Price TargetShort InterestBearish1.98% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.37Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.0.08 out of 5 starsMedical Sector930th out of 936 stocksHealth Services Industry11th out of 11 stocks 1.0 Analyst's Opinion Consensus RatingInnovAge has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageInnovAge has received no research coverage in the past 90 days.Read more about InnovAge's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted1.98% of the float of InnovAge has been sold short.Short Interest Ratio / Days to CoverInnovAge has a short interest ratio ("days to cover") of 8.8.Change versus previous monthShort interest in InnovAge has recently increased by 7.30%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldInnovAge does not currently pay a dividend.Dividend GrowthInnovAge does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for INNV. Previous Next 2.4 News and Social Media Coverage News SentimentInnovAge has a news sentiment score of 0.37. 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 0.62 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 3 news articles for InnovAge this week, compared to 1 article on an average week.Search Interest1 people have searched for INNV on MarketBeat in the last 30 days. MarketBeat FollowsOnly 1 people have added InnovAge to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, InnovAge insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.41% of the stock of InnovAge is held by insiders.Percentage Held by InstitutionsOnly 12.26% of the stock of InnovAge is held by institutions.Read more about InnovAge's insider trading history. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of InnovAge is -26.46, 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. SectorThe P/E ratio of InnovAge is -26.46, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioInnovAge has a P/B Ratio of 2.85. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about InnovAge's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad American Hartford Gold GroupDave Ramsey Makes Big Mistake Live On AirDave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.GET THE FREE GUIDE About InnovAge Stock (NASDAQ:INNV)InnovAge Holding Corp. manages and provides a range of medical and ancillary services for seniors in need of care and support to live independently in their homes and communities. The company manages its business through Program of All-Inclusive Care for the Elderly (PACE) approach. It also offers in-home care services consisting of skilled, unskilled, and personal care; in-center services, such as primary care, physical therapy, occupational therapy, speech therapy, dental services, mental health and psychiatric services, meals, and activities; transportation to the PACE center and third-party medical appointments; and care management. The company serves participants in the United States; and operates PACE centers in Colorado, California, New Mexico, Pennsylvania, and Virginia. The company was formerly known as TCO Group Holdings, Inc. and changed its name to InnovAge Holding Corp. in January 2021. InnovAge Holding Corp. was founded in 2007 and is headquartered in Denver, Colorado.Read More INNV Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart INNV Stock News HeadlinesJuly 21, 2024 | americanbankingnews.comInnovAge (NASDAQ:INNV) Stock Price Up 3.9%June 10, 2024 | globenewswire.comInnovAge Holding Corp. Announces $5.0 Million Share Repurchase ProgramJuly 27, 2024 | DTI (Ad)Heard about the 72-Hour Profit Surge? Read this…One of the most overlooked opportunities in the stock market is the 72-Hour Profit Surge... A short period of time where we can bet on a stock that is ALREADY “winning.” Let me give you a perfect example of how the Surge worked with Ross Stores. Back on November 16th, a little move was made that sent their stock soaring… The next day, my system would have alerted me that Ross Stores had entered the 72-Hour Profit Surge…June 3, 2024 | globenewswire.comInnovAge PACE Recertified as a Great Place to WorkMay 29, 2024 | globenewswire.comInnovAge Celebrates Grand Opening of Orlando's First PACE Center in Partnership with Orlando HealthMay 20, 2024 | globenewswire.comInnovAge Welcomes John Koehn as Senior Vice President of External AffairsMay 9, 2024 | finance.yahoo.comInnovAge Holding Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS LagsMay 7, 2024 | msn.comINNV Stock Earnings: InnovAge Holding Misses EPS, Beats Revenue for Q3 2024July 27, 2024 | DTI (Ad)Heard about the 72-Hour Profit Surge? Read this…One of the most overlooked opportunities in the stock market is the 72-Hour Profit Surge... A short period of time where we can bet on a stock that is ALREADY “winning.” Let me give you a perfect example of how the Surge worked with Ross Stores. Back on November 16th, a little move was made that sent their stock soaring… The next day, my system would have alerted me that Ross Stores had entered the 72-Hour Profit Surge…May 7, 2024 | finance.yahoo.comInnovAge Announces Financial Results for the Fiscal Third Quarter Ended March 31, 2024April 30, 2024 | investorplace.comStock Market Crash Warning: Don't Get Caught Holding These 3 Healthcare StocksApril 29, 2024 | investing.comInnovAge Holding Corp (INNV)April 24, 2024 | seekingalpha.comINNV InnovAge Holding Corp.April 24, 2024 | globenewswire.comInnovAge Launches PACE Center in Los Angeles, Helping Seniors Live Independently with High-Quality CareApril 23, 2024 | globenewswire.comInnovAge to Announce Fiscal Third Quarter 2024 Financial Results and Host Conference Call Tuesday, May 7, 2024April 5, 2024 | investorplace.com3 Healthcare Stocks Short Sellers Are Prescribing for TroubleMarch 4, 2024 | globenewswire.comInnovAge Launches First PACE Center in Florida Providing Comprehensive Healthcare Program for Seniors to Promote IndependenceFebruary 9, 2024 | au.lifestyle.yahoo.comBootstrapped for 8 years, Xensam has now snapped up $40M for AI that manages software assetsSee More Headlines Receive INNV Stock News and Ratings via Email Sign-up to receive the latest news and ratings for InnovAge and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/07/2024Today7/26/2024Next Earnings (Estimated)9/10/2024Fiscal Year End6/30/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Health services Sub-IndustryHealthcare Current SymbolNASDAQ:INNV CUSIPN/A CIK1834376 Webwww.innovage.com Phone844-803-8745FaxN/AEmployees2,100Year FoundedN/APrice Target and Rating Average Stock Price Target$6.50 High Stock Price Target$7.00 Low Stock Price Target$6.00 Potential Upside/Downside+2.4%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.24) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-40,670,000.00 Net Margins-4.16% Pretax Margin-4.37% Return on Equity-10.51% Return on Assets-5.67% Debt Debt-to-Equity Ratio0.25 Current Ratio1.25 Quick Ratio1.25 Sales & Book Value Annual Sales$688.09 million Price / Sales1.25 Cash FlowN/A Price / Cash FlowN/A Book Value$2.23 per share Price / Book2.85Miscellaneous Outstanding Shares135,990,000Free Float135,430,000Market Cap$863.54 million OptionableOptionable Beta0.39 The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.Get This Free Report Key ExecutivesMr. Patrick Blair (Age 53)President & CEO Comp: $1.51MMs. Nicole D'Amato (Age 45)Chief Legal Officer & Corporate Secretary Comp: $678.76kDr. Richard A. Feifer FACP (Age 57)M.D., M.P.H., Chief Medical Officer Comp: $588.97kMr. Edward Moore Kennedy Jr. (Age 63)J.D., Independent Director Comp: $100kHon. Marilyn Barbour Tavenner M.H.A. (Age 62)R.N., Independent Director Comp: $120kMr. Benjamin Crowninshield Adams (Age 60)Chief Financial Officer Ms. Christine Bent (Age 53)Chief Operations Officer Ms. Cara BabachicosChief Information OfficerMr. Ryan KubotaDirector of Investor RelationsMs. Olivia PattonChief Compliance OfficerMore ExecutivesKey Competitorsagilon healthNYSE:AGLFortreaNASDAQ:FTRENational HealthCareNYSE:NHCTeladoc HealthNYSE:TDOCAdaptHealthNASDAQ:AHCOView All CompetitorsInstitutional OwnershipBank of New York Mellon CorpBought 12,448 shares on 7/26/2024Ownership: 0.043%Accordant Advisory Group IncBought 100,000 shares on 7/19/2024Ownership: 0.074%Kent Lake Capital LLCBought 62,141 shares on 5/16/2024Ownership: 1.287%Vanguard Group Inc.Bought 13,193 shares on 5/10/2024Ownership: 1.355%View All Institutional Transactions INNV Stock Analysis - Frequently Asked Questions How have INNV shares performed this year? InnovAge's stock was trading at $6.00 at the start of the year. Since then, INNV shares have increased by 5.8% and is now trading at $6.35. View the best growth stocks for 2024 here. How were InnovAge's earnings last quarter? InnovAge Holding Corp. (NASDAQ:INNV) released its quarterly earnings data on Tuesday, May, 7th. The company reported ($0.04) EPS for the quarter, hitting the consensus estimate of ($0.04). The firm earned $193.07 million during the quarter, compared to the consensus estimate of $188.64 million. InnovAge had a negative net margin of 4.16% and a negative trailing twelve-month return on equity of 10.51%. When did InnovAge IPO? InnovAge (INNV) raised $301 million in an initial public offering (IPO) on Thursday, March 4th 2021. The company issued 16,700,000 shares at $17.00-$19.00 per share. J.P. Morgan, Barclays, Goldman Sachs and Citigroup served as the underwriters for the IPO and Baird, William Blair, Piper Sandler, Capital One Securities, Loop Capital Markets, Siebert Williams Shank and Roberts & Ryan were co-managers. Who are InnovAge's major shareholders? InnovAge's top institutional investors include Accordant Advisory Group Inc (0.07%) and Bank of New York Mellon Corp (0.04%). How do I buy shares of InnovAge? Shares of INNV 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. Compare Top Brokerages Here. This page (NASDAQ:INNV) was last updated on 7/27/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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