Innoviva Stock Today

INVA Stock  USD 18.08  0.14  0.77%   

Performance

Very Weak

 
Weak
 
Strong

Odds Of Distress

Very Small

 
High
 
Low
Innoviva is trading at 18.08 as of the 16th of February 2025, a 0.77 percent decrease since the beginning of the trading day. The stock's open price was 18.22. Innoviva has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 17th of January 2025 and ending today, the 16th of February 2025. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
5th of October 2004
Category
Healthcare
Classification
Health Care
Innoviva, Inc. engages in the development and commercialization of pharmaceuticals in the United States and internationally. Innoviva, Inc. was incorporated in 1996 and is headquartered in Burlingame, California. Innoviva operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. The company has 62.6 M outstanding shares of which 8.81 M shares are currently shorted by private and institutional investors with about 14.77 trading days to cover. More on Innoviva

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Follow Valuation Options Odds of Bankruptcy
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Innoviva Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Thematic Ideas
(View all Themes)
Business ConcentrationPharmaceuticals, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Biotechnology, SP Small-Cap 600, NASDAQ Composite, NASDAQ Health Care, Aggressive Defence, Tech Growth, Health Care, Pharmaceuticals, Biotechnology, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.160.22
Way Down
Slightly volatile
Total Current Liabilities25 M34.3 M
Way Down
Pretty Stable
Non Current Liabilities Total426.9 M610 M
Way Down
Pretty Stable
Total Assets1.5 B1.4 B
Sufficiently Up
Slightly volatile
Total Current Assets281.5 M395.9 M
Way Down
Slightly volatile
Debt Levels
Innoviva 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 Innoviva's financial leverage. It provides some insight into what part of Innoviva's total assets is financed by creditors.
Liquidity
Innoviva currently holds 449.08 M in liabilities with Debt to Equity (D/E) ratio of 0.96, which is about average as compared to similar companies. Innoviva has a current ratio of 3.12, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Innoviva's use of debt, we should always consider it together with its cash and equity.

Change In Cash

(83.39 Million)
Innoviva (INVA) is traded on NASDAQ Exchange in USA. It is located in 1350 Old Bayshore Highway, Burlingame, CA, United States, 94010 and employs 112 people. Innoviva is listed under Pharmaceuticals category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.13 B. Innoviva conducts business under Pharmaceuticals sector and is part of Health Care industry. The entity has 62.6 M outstanding shares of which 8.81 M shares are currently shorted by private and institutional investors with about 14.77 trading days to cover. Innoviva currently holds about 283.58 M in cash with 141.06 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.07.
Check Innoviva Probability Of Bankruptcy
Ownership Allocation
The majority of Innoviva outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Innoviva to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Innoviva. Please pay attention to any change in the institutional holdings of Innoviva as this could imply that something significant has changed or is about to change at the company.
Check Innoviva Ownership Details

Innoviva Stock Institutional Holders

InstituionRecorded OnShares
Geode Capital Management, Llc2024-09-30
1.4 M
Goldman Sachs Group Inc2024-09-30
1.2 M
Jpmorgan Chase & Co2024-09-30
1.2 M
Bank Of America Corp2024-09-30
1.1 M
Arrowstreet Capital Limited Partnership2024-09-30
1.1 M
American Century Companies Inc2024-09-30
1.1 M
Morgan Stanley - Brokerage Accounts2024-09-30
M
Deutsche Bank Ag2024-09-30
848.2 K
D. E. Shaw & Co Lp2024-09-30
658.1 K
Blackrock Inc2024-09-30
9.4 M
Sarissa Capital Management Lp2024-09-30
7.3 M
View Innoviva Diagnostics

Innoviva Historical Income Statement

At present, Innoviva's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 315.2 M, whereas Interest Expense is forecasted to decline to about 15.6 M. View More Fundamentals

Innoviva Stock Against Markets

Innoviva Corporate Management

Pavel CFAChief OfficerProfile
Patricia DrakeI TherapeuticsProfile
Marianne CPAChief SecretaryProfile
Stephen MBAChief OfficerProfile
When determining whether Innoviva offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Innoviva's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Innoviva Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Innoviva Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Innoviva. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For information on how to trade Innoviva Stock refer to our How to Trade Innoviva Stock guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Pharmaceuticals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Innoviva. If investors know Innoviva will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Innoviva listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.98)
Earnings Share
0.8
Revenue Per Share
5.6
Quarterly Revenue Growth
0.331
Return On Assets
0.0937
The market value of Innoviva is measured differently than its book value, which is the value of Innoviva that is recorded on the company's balance sheet. Investors also form their own opinion of Innoviva's value that differs from its market value or its book value, called intrinsic value, which is Innoviva's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Innoviva's market value can be influenced by many factors that don't directly affect Innoviva's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Innoviva's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innoviva is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innoviva's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.