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Healthcare - Medical - Care Facilities - NASDAQ - US
$ 5.26
-0.755 %
$ 712 M
Market Cap
-43.83
P/E
1. INTRINSIC VALUE

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. It manages its business through Program of All-Inclusive Care for the Elderly (PACE) approach. The company 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. It serves approximately 6,850 PACE participants in the United States; and operates 18 PACE centers in Colorado, California, New Mexico, Pennsylvania, and Virginia.[ Read More ]

The intrinsic value of one INNV stock under the base case scenario is HIDDEN Compared to the current market price of 5.26 USD, InnovAge Holding Corp. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart INNV

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FINANCIALS
764 M REVENUE
11.01%
-23.2 M OPERATING INCOME
53.07%
-23.2 M NET INCOME
46.68%
-36.9 M OPERATING CASH FLOW
-182.34%
-26.4 M INVESTING CASH FLOW
62.06%
-7.03 M FINANCING CASH FLOW
10.92%
205 M REVENUE
2.88%
-4.9 M OPERATING INCOME
-0.27%
-5.71 M NET INCOME
-153.33%
-7.52 M OPERATING CASH FLOW
-401.28%
-2.79 M INVESTING CASH FLOW
-298.72%
-7.62 M FINANCING CASH FLOW
-17322.73%
Balance Sheet Decomposition InnovAge Holding Corp.
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Current Assets 173 M
Cash & Short-Term Investments 103 M
Receivables 51.4 M
Other Current Assets 18.9 M
Non-Current Assets 375 M
Long-Term Investments 2.64 M
PP&E 221 M
Other Non-Current Assets 150 M
Current Liabilities 139 M
Accounts Payable 55.5 M
Short-Term Debt 21.3 M
Other Current Liabilities 61.9 M
Non-Current Liabilities 109 M
Long-Term Debt 100 M
Other Non-Current Liabilities 8.76 M
EFFICIENCY
Earnings Waterfall InnovAge Holding Corp.
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Revenue 764 M
Cost Of Revenue 632 M
Gross Profit 132 M
Operating Expenses 558 M
Operating Income -23.2 M
Other Expenses 41 K
Net Income -23.2 M
RATIOS
17.29% GROSS MARGIN
17.29%
-3.03% OPERATING MARGIN
-3.03%
-2.79% NET MARGIN
-2.79%
-7.92% ROE
-7.92%
-3.90% ROA
-3.90%
-7.19% ROIC
-7.19%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis InnovAge Holding Corp.
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Net Income -23.2 M
Depreciation & Amortization 19 M
Capital Expenditures -7.91 M
Stock-Based Compensation 6.83 M
Change in Working Capital -52.1 M
Others -11.7 M
Free Cash Flow -44.8 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets InnovAge Holding Corp.
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Wall Street analysts predict an average 1-year price target for INNV of $6.8 , with forecasts ranging from a low of $5 to a high of $8 .
INNV Lowest Price Target Wall Street Target
5 USD -4.94%
INNV Average Price Target Wall Street Target
6.8 USD 29.28%
INNV Highest Price Target Wall Street Target
8 USD 52.09%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership InnovAge Holding Corp.
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Sold
0-3 MONTHS
82 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
1 week ago
Nov 06, 2024
Sell 10.9 K USD
DAMATO NICOLE
CHIEF LEGAL OFFICER
- 1660
6.54 USD
2 months ago
Sep 16, 2024
Sell 26 K USD
DAMATO NICOLE
Chief Legal Officer
- 4372
5.95 USD
2 months ago
Sep 17, 2024
Sell 45.1 K USD
DAMATO NICOLE
Chief Legal Officer
- 7521
6 USD
1 year ago
Jul 17, 2023
Sell 13.2 K USD
DAMATO NICOLE
CHIEF LEGAL OFFICER
- 1866
7.07 USD
1 year ago
Jul 18, 2023
Sell 28.5 K USD
DAMATO NICOLE
CHIEF LEGAL OFFICER
- 4000
7.12 USD
1 year ago
Jul 13, 2023
Sell 24.4 K USD
DAMATO NICOLE
CHIEF LEGAL OFFICER
- 3448
7.07 USD
1 year ago
Jul 11, 2023
Sell 6.3 K USD
DAMATO NICOLE
CHIEF LEGAL OFFICER
- 892
7.06 USD
1 year ago
Jul 12, 2023
Sell 2.91 K USD
DAMATO NICOLE
CHIEF LEGAL OFFICER
- 411
7.08 USD
1 year ago
Jul 06, 2023
Sell 974 USD
DAMATO NICOLE
CHIEF LEGAL OFFICER
- 139
7.01 USD
1 year ago
Jul 10, 2023
Sell 45.6 K USD
DAMATO NICOLE
CHIEF LEGAL OFFICER
- 6422
7.1 USD
1 year ago
Jul 03, 2023
Sell 15.3 K USD
DAMATO NICOLE
CHIEF LEGAL OFFICER
- 2101
7.26 USD
1 year ago
Jul 05, 2023
Sell 30.4 K USD
DAMATO NICOLE
CHIEF LEGAL OFFICER
- 4173
7.28 USD
2 years ago
Sep 15, 2022
Bought 510 K USD
Scully Thomas
Director
+ 100000
5.098 USD
3 years ago
Mar 15, 2021
Bought 48.3 K USD
DOERR ROBIN
Chief Sales and MKTG Officer
+ 1875
25.74 USD
3 years ago
Mar 12, 2021
Bought 52.9 K USD
GUTIERREZ BARBARA
Chief Financial Officer
+ 2000
26.43 USD
3 years ago
Mar 12, 2021
Bought 249 K USD
HEWITT MAUREEN
CEO, President and Director
+ 9350
26.62 USD
3 years ago
Mar 08, 2021
Bought 483 K USD
Kennedy Edward Moore Jr.
Director
+ 23000
21 USD
6 years ago
Nov 23, 2017
Bought 488 USD
ESBER HENRY JEMIL
Director
+ 5000
0.0976 USD
6 years ago
Nov 23, 2017
Bought 470 USD
ESBER HENRY JEMIL
Director
+ 5000
0.094 USD
6 years ago
Nov 23, 2017
Bought 8.33 K USD
ESBER HENRY JEMIL
Director
+ 90000
0.0926 USD
9 years ago
Jan 21, 2015
Bought 75 K USD
DILLEN LYNNETTE
EVP, CFO
+ 250000
0.3 USD
7. News
InnovAge Holding Corp. (INNV) Q1 2025 Earnings Call Transcript InnovAge Holding Corp. (NASDAQ:INNV ) Q1 2025 Results Earnings Conference Call November 5, 2024 5:00 PM ET Company Participants Ryan Kubota - Director of Investor Relations Patrick Blair - President and Chief Executive Officer Benjamin Adams - Chief Financial Officer Richard Feifer - Chief Medical Officer Conference Call Participants Jamie Perse - Goldman Sachs Jared Haase - William Blair Matt Gilmore - KeyBanc Capital Markets Operator Good day and thank you for standing by. Welcome to the InnovAge First Quarter 2025 Earnings Conference Call. seekingalpha.com - 1 week ago
InnovAge Holding Corp. (INNV) Reports Q1 Loss, Tops Revenue Estimates InnovAge Holding Corp. (INNV) came out with a quarterly loss of $0.04 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.08 per share a year ago. zacks.com - 1 week ago
InnovAge Announces Financial Results for the Fiscal First Quarter Ended September 30, 2024 DENVER, Nov. 05, 2024 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (“InnovAge” or the “Company”) (Nasdaq: INNV), an industry leader in providing comprehensive healthcare programs to frail, predominantly dual-eligible seniors through the Program of All-inclusive Care for the Elderly (PACE), today announced financial results for its fiscal first quarter ended September 30, 2024. “Our first quarter results reflect our continued momentum and the execution of our strategy to deliver high quality care, while continuing to enhance our margins,” said CEO Patrick Blair. globenewswire.com - 1 week ago
InnovAge Appoints Michael Scarbrough as New President and Chief Operating Officer and Maria Lozzano as President, Pharmacy Services DENVER, Nov. 04, 2024 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (“InnovAge” or the “Company”) (Nasdaq: INNV), an industry leader in providing comprehensive healthcare programs to dual-eligible seniors through the Program of All-inclusive Care for the Elderly (PACE), appoints Michael Scarbrough as its new President and Chief Operating Officer and Maria Lozzano as President, Pharmacy Services, effective November 4th. globenewswire.com - 1 week ago
InnovAge Holding Corp. (INNV) Expected to Beat Earnings Estimates: Should You Buy? InnovAge (INNV) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 2 weeks ago
InnovAge Provides Update on Clinical & Operational Transformations at National PACE Association Annual Conference InnovAge PACE leaders will highlight ongoing clinical, operational, and business transformations at the 2024 National PACE Association (NPA) Conference. globenewswire.com - 1 month ago
UPDATE – Leading PACE Provider InnovAge Selected to Participate in National Study Focused on Preventing Falls by Seniors DENVER, Sept. 16, 2024 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by InnovAge Holding Corp. (“InnovAge”) (Nasdaq: INNV), please note that in the fifth paragraph of the release, the title for Dr. Ann Wells has been corrected to Chief Quality and Population Health Officer of InnovAge. globenewswire.com - 2 months ago
Leading PACE Provider InnovAge Selected to Participate in National Study Focused on Preventing Falls by Seniors DENVER, Sept. 16, 2024 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (“InnovAge”) (Nasdaq: INNV), a leading Program of All-inclusive Care for the Elderly (PACE) provider, has been selected as a research partner for a national study exploring how to prevent falls by seniors. globenewswire.com - 2 months ago
InnovAge Holding Corp. (INNV) Q4 2024 Earnings Call Transcript InnovAge Holding Corp. (NASDAQ:INNV ) Q4 2024 Earnings Conference Call September 10, 2024 5:00 PM ET Company Participants Ryan Kubota - Director of IR Patrick Blair - President & CEO Benjamin Adams - CFO Conference Call Participants Jason Cassorla - Citi John Stansel - J.P. Morgan Securities Jared Haase - William Blair Operator Good day and thank you for standing by. seekingalpha.com - 2 months ago
InnovAge Holding Corp. (INNV) Reports Q4 Loss, Tops Revenue Estimates InnovAge Holding Corp. (INNV) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to loss of $0.09 per share a year ago. zacks.com - 2 months ago
InnovAge Announces Financial Results for the Fourth Quarter and Fiscal Year Ended June 30, 2024 DENVER, Sept. 10, 2024 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (“InnovAge” or the “Company”) (Nasdaq: INNV), an industry leader in providing comprehensive healthcare programs to frail seniors, predominantly dual-eligible seniors through the Program of All-inclusive Care for the Elderly (PACE), today announced financial results for its fiscal fourth quarter and full year ended June 30, 2024. globenewswire.com - 2 months ago
CORRECTION -- InnovAge PACE Celebrates Anniversary of Vibrant Sacramento Center In a release issued under the same headline on Friday, August 16, 2024, by InnovAge, please note the staff count four years ago has been corrected from seven to 20 people. The revised release is as follows: SACRAMENTO, Calif. globenewswire.com - 2 months ago
8. Profile Summary

InnovAge Holding Corp. INNV

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COUNTRY US
INDUSTRY Medical - Care Facilities
MARKET CAP $ 712 M
Dividend Yield 0.00%
Description 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. It manages its business through Program of All-Inclusive Care for the Elderly (PACE) approach. The company 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. It serves approximately 6,850 PACE participants in the United States; and operates 18 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.
Contact 8950 East Lowry Boulevard, Denver, CO, 80230 https://www.innovage.com
IPO Date March 4, 2021
Employees 2350
Officers Mr. Matt Huray Chief Strategy & Corporate Development Officer Mr. Edward Moore Kennedy Jr., J.D. Independent Director Mr. Benjamin Crowninshield Adams Chief Financial Officer Ms. Nicole D'Amato Chief Legal Officer & Corporate Secretary Hon. Marilyn Barbour Tavenner M.H.A., R.N. Independent Director Mr. Ryan Kubota Director of Investor Relations Mr. Patrick Blair Chief Executive Officer Michael Scarbrough President & Chief Operating Officer Ms. Cara Babachicos Chief Information Officer Ms. Olivia Patton Chief Compliance Officer