Innovate Corp (VATE)

Currency in USD
5.870
-0.020(-0.34%)
Closed·
VATE Scorecard
Full Analysis
Stock price movements are quite volatile
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Fair Value
Day's Range
5.7006.055
52 wk Range
3.25013.790
Key Statistics
Prev. Close
5.87
Open
5.9
Day's Range
5.7-6.055
52 wk Range
3.25-13.79
Volume
4.43K
Average Volume (3m)
27.41K
1-Year Change
-0.31%
Book Value / Share
-15.37
Fair Value
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Fair Value Upside
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Company’s Health
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Fair Value
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Fair Price
Upside
Analysts Sentiment
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Members' Sentiments
Bearish
Bullish
ProTips
Short term obligations exceed liquid assets

Innovate Corp News & Analysis

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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Buy
Technical Indicators
Buy
Moving Averages
Buy

Innovate Corp Company Profile

INNOVATE Corp., through its subsidiaries, operates in infrastructure, life sciences, and spectrum areas in the United States. The Infrastructure segment provides industrial construction, structural steel, and facility maintenance services, such as fabrication and erection of structural steel and heavy steel plate services, and large-diameter water pipes and water storage tanks; fabrication of trusses and girders; and 3-D building information modeling and detailing for commercial, industrial, and infrastructure construction projects, such as buildings and office complexes, hotels and casinos, convention centers, sports arenas and stadiums, shopping malls, hospitals, dams, bridges, mines, metal processing, refineries, pulp and paper mills, and power plants. This segment also offers solutions for digital engineering, modeling and detailing, construction, and heavy equipment installation and facility services, including maintenance, repair, and installation; and manufactures pollution control scrubbers, tunnel liners, pressure vessels, strainers, filters, separators, and various customized products. The Life Sciences segment develops products to treat early osteoarthritis of the knee; and aesthetic and medical technologies for the skin. The Spectrum segment operates over-the-air broadcasting stations across the United States. The company was formerly known as HC2 Holdings, Inc. and changed its name to INNOVATE Corp. in September 2021. The company was incorporated in 1994 and is headquartered in New York, New York.

Innovate Corp Earnings Call Summary for Q1/2025

  • Q1 2025: Revenue down 13% to $274.2M, net loss of $24.8M ($1.89/share); stock closed down 4.88% at $6.56
  • FDA approval for MediBeacon's kidney function system; Glacial Skin device sales tripled, boosting future growth prospects
  • High debt burden: $672M outstanding, cash at $33.3M; current ratio 0.81 indicates financial pressure
  • Targeting data casting opportunities by year-end; TGFR system commercial launch planned for Q4 2025
  • Exploring strategic alternatives, addressing capital structure; executives express confidence in long-term asset value
Last Updated: 06/05/2025, 22:14
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Compare VATE to Peers and Sector

Metrics to compare
VATE
Peers
Sector
Relationship
P/E Ratio
−1.8x101.9x12.5x
PEG Ratio
−0.050.820.03
Price/Book
−0.4x4.8x1.4x
Price / LTM Sales
0.1x2.0x1.2x
Upside (Analyst Target)
-8.4%15.3%
Fair Value Upside
Unlock−17.6%6.9%Unlock

Earnings

Latest Release
May 06, 2025
EPS / Forecast
-1.89 / --
Revenue / Forecast
274.20M / --
EPS Revisions
Last 90 days

VATE Income Statement

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FAQ

What Stock Exchange Does Innovate Trade On?

Innovate is listed and trades on the New York Stock Exchange stock exchange.

What Is the Stock Symbol for Innovate?

The stock symbol for Innovate is "VATE."

What Is the Innovate Market Cap?

As of today, Innovate market cap is 77.97M.

What Is Innovate's Earnings Per Share (TTM)?

The Innovate EPS (TTM) is -3.57.

From a Technical Analysis Perspective, Is VATE a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

How Many Times Has Innovate Stock Split?

Innovate has split 1 times.

How Many Employees Does Innovate Have?

Innovate has 3148 employees.

What is the current trading status of Innovate (VATE)?

As of 30 Jul 2025, Innovate (VATE) is trading at a price of 5.87, with a previous close of 5.87. The stock has fluctuated within a day range of 5.70 to 6.06, while its 52-week range spans from 3.25 to 13.79.
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