INNOVATE Corp (VATE) Stock Price & Analysis


VATE Stock Chart & Stats

Day’s Range$0 - $0
52-Week Range$0.64 - $3.53
Previous Close$1.32
Average Volume (3M)428.87K
Market Cap
Enterprise Value$820.05M
Total Cash (Recent Filing)$16.60M
Total Debt (Recent Filing)$697.20M
Price to Earnings (P/E)-2.7
Aug 10, 2023
EPS EstimateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.48
Shares Outstanding79,049,423
10 Day Avg. Volume868,498
30 Day Avg. Volume428,871
Standard Deviation0.25
Financial Highlights & Ratios
Price to Book (P/B)-0.23
Price to Sales (P/S)0.33
Price to Cash Flow (P/CF)-0.40
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.53
Enterprise Value/Gross Profit3.70
Enterprise Value/Ebitda15.36
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0



Risk Analysis

Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy

Product Monthly Users

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There is no website visitor data available for this stock.



What was INNOVATE Corp’s price range in the past 12 months?
INNOVATE Corp lowest stock price was $0.64 and its highest was $3.53 in the past 12 months.
    What is INNOVATE Corp’s market cap?
    Currently, no data Available
    When is INNOVATE Corp’s upcoming earnings report date?
    INNOVATE Corp’s upcoming earnings report date is Aug 10, 2023 which is in 74 days.
      How were INNOVATE Corp’s earnings last quarter?
      INNOVATE Corp released its earnings results on May 10, 2023. The company reported -$0.131 earnings per share for the quarter, missing the consensus estimate of N/A by -$0.131.
        Is INNOVATE Corp overvalued?
        According to Wall Street analysts INNOVATE Corp’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
          Does INNOVATE Corp pay dividends?
          INNOVATE Corp pays a Thriceyearly dividend of $8.5 which represents an annual dividend yield of N/A. See more information on INNOVATE Corp dividends here
            What is INNOVATE Corp’s EPS estimate?
            INNOVATE Corp’s EPS estimate for its next earnings report is not yet available.
            How many shares outstanding does INNOVATE Corp have?
            INNOVATE Corp has 79,049,420 shares outstanding.
              What happened to INNOVATE Corp’s price movement after its last earnings report?
              INNOVATE Corp reported an EPS of -$0.131 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -26.374%.
                Which hedge fund is a major shareholder of INNOVATE Corp?
                Among the largest hedge funds holding INNOVATE Corp’s share is Stonehill Capital Management Llc. It holds INNOVATE Corp’s shares valued at 806K.


                  INNOVATE Corp Stock Smart Score

                  The INNOVATE Corp stock analysis is based on the TipRanks Smart Score which is derived from 8 unique data sets including Analyst recommendations, Crowd Wisdom, Hedge Fund Activity, Media Sentiment and multiple Technical stock factors. The Smart Score is a quantitative, data-driven rating system and does not include human intervention.
                  Learn more about TipRanks Smart Score

                  Company Description

                  INNOVATE Corp

                  HC2 Holdings, Inc. engages in the acquisition and investment activities. It operates through following business segments: Construction, Marine Services, Insurance, Energy, Telecommunications, Life Sciences, and Other. The Construction segment is a structural steel fabricator and erector in the United States. The Marine Services segment provides engineering and underwater services on submarine cables. The Insurance segment is a platform for run-off long-term care business, through its two insurance companies, United Teacher Associates Insurance Company and Continental General Insurance Company. The Telecommunications segment is a provider of internet-based protocol and time-division multiplexing access and transport of long distance voice minutes. The Energy segment is compressed natural gas (CNG) that designs, builds, owns, operates and maintains natural gas fueling stations for the transportation industry. The Life Sciences segment focuses on supporting healthcare and biotechnology product development. The Other segment includes the creation and distribution of NASCAR video games, and Ner Vvve which provides analytics on broadcasts TV, digital and social media online platforms. The company was founded in 1994 and is headquartered in New York, NY.


                  Top 5 ETFs holding VATE

                  Currently, no data available
                  Please return soon. This page is being updated.
                  Up to five ETFs with an Outperform Smart Score that hold VATE. The ETFs are listed according to market value of VATE within the ETF


                  Forecast EPS vs Actual EPS

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