Innovage Holding Corp Stock Today

INNV Stock  USD 3.57  0.09  2.46%   

Performance

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Odds Of Distress

Less than 14

 
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Low
InnovAge Holding is selling for under 3.57 as of the 18th of January 2025; that is 2.46% down since the beginning of the trading day. The stock's lowest day price was 3.52. InnovAge Holding has less than a 14 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 24th of January 2024 and ending today, the 18th of January 2025. Click here to learn more.
Business Domain
Health Care Equipment & Services
IPO Date
4th of March 2021
Category
Healthcare
Classification
Health Care
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. InnovAge Holding Corp. was founded in 2007 and is headquartered in Denver, Colorado. The company has 135.46 M outstanding shares of which 272.88 K shares are currently shorted by private and institutional investors with about 3.25 trading days to cover. More on InnovAge Holding Corp

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Follow Valuation Options Odds of Bankruptcy
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InnovAge Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President CEOPatrick Blair
Business ConcentrationHealth Care Equipment & Supplies, Health Care Equipment & Services, Health Care, NASDAQ Composite, NASDAQ Health Care, Health Care, Health Care Equipment & Supplies, Medical Care Facilities, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.031.26
Significantly Down
Slightly volatile
Gross Profit Margin0.230.2
Fairly Up
Slightly volatile
Total Current Liabilities167.4 M159.4 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total110.5 M98.3 M
Moderately Up
Slightly volatile
Total Assets330.1 M629.8 M
Way Down
Slightly volatile
Total Current Assets129.1 M199.1 M
Way Down
Slightly volatile
Debt Levels
InnovAge Holding can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand InnovAge Holding's financial leverage. It provides some insight into what part of InnovAge Holding's total assets is financed by creditors.
Liquidity
InnovAge Holding Corp currently holds 113.03 M in liabilities with Debt to Equity (D/E) ratio of 0.24, which may suggest the company is not taking enough advantage from borrowing. InnovAge Holding Corp has a current ratio of 2.24, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about InnovAge Holding's use of debt, we should always consider it together with its cash and equity.

Change To Account Receivables

(25.93 Million)
InnovAge Holding Corp (INNV) is traded on NASDAQ Exchange in USA. It is located in 8950 E. Lowry Boulevard, Denver, CO, United States, 80230 and employs 2,350 people. InnovAge Holding is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 495.77 M. InnovAge Holding Corp conducts business under Health Care Equipment & Supplies sector and is part of Health Care industry. The entity has 135.46 M outstanding shares of which 272.88 K shares are currently shorted by private and institutional investors with about 3.25 trading days to cover. InnovAge Holding Corp currently holds about 184.43 M in cash with (36.9 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.36.
Check InnovAge Holding Probability Of Bankruptcy
Ownership Allocation
InnovAge Holding Corp has a total of 135.46 Million outstanding shares. InnovAge Holding retains majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 85.03 (percent) of InnovAge Holding outstanding shares that are owned by insiders attests that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check InnovAge Ownership Details

InnovAge Stock Institutional Holders

InstituionRecorded OnShares
Renaissance Technologies Corp2024-09-30
141.5 K
Strs Ohio2024-09-30
62.5 K
Nuveen Asset Management, Llc2024-09-30
53.4 K
Goldman Sachs Group Inc2024-09-30
52 K
Morgan Stanley - Brokerage Accounts2024-09-30
50.3 K
Bank Of New York Mellon Corp2024-09-30
40 K
Alliancebernstein L.p.2024-09-30
36.3 K
Rhumbline Advisers2024-09-30
30 K
Barclays Plc2024-09-30
25.6 K
T. Rowe Price Investment Management,inc.2024-09-30
4.8 M
Coliseum Capital Management Llc2024-09-30
3.9 M
View InnovAge Holding Diagnostics

InnovAge Holding Historical Income Statement

At this time, InnovAge Holding's Interest Expense is fairly stable compared to the past year. Total Revenue is likely to climb to about 922.4 M in 2025, whereas Gross Profit is likely to drop slightly above 88.7 M in 2025. View More Fundamentals

InnovAge Stock Against Markets

InnovAge Holding Corporate Management

Maria LozzanoChief OfficerProfile
Robin DoerrChief OfficerProfile
JD KennedyIndependent DirectorProfile
Cara BabachicosChief OfficerProfile
RN MHAIndependent DirectorProfile

Additional Tools for InnovAge Stock Analysis

When running InnovAge Holding's price analysis, check to measure InnovAge Holding's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy InnovAge Holding is operating at the current time. Most of InnovAge Holding's value examination focuses on studying past and present price action to predict the probability of InnovAge Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move InnovAge Holding's price. Additionally, you may evaluate how the addition of InnovAge Holding to your portfolios can decrease your overall portfolio volatility.