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InnovAge Holding Corp. INNV
Healthcare - Medical - Care Facilities - NASDAQ - US
Watchlist
$ 3.04
7.42 %
$ 411 M
Market Cap
-16.0
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one INNV stock under the worst case scenario is HIDDEN Compared to the current market price of 3.04 USD, InnovAge Holding Corp. is HIDDEN

INNV Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one INNV stock under the base case scenario is HIDDEN Compared to the current market price of 3.04 USD, InnovAge Holding Corp. is HIDDEN

INNV Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one INNV stock under the best case scenario is HIDDEN Compared to the current market price of 3.04 USD, InnovAge Holding Corp. is HIDDEN

INNV Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart INNV

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1M -4%
6M -96%
1Y -30%
3Y -64%
5Y --%
All
$6.5$6.5$6.0$6.0$5.5$5.5$5.0$5.0$4.5$4.5$4.0$4.0$3.5$3.5$3.0$3.0$2.5$2.515 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
764 M REVENUE
11.01%
Growth Rates
1Year 11.01%
3Years 6.20%
5Years 10.41%
7Years 0.00%
10Years 0.00%
-23.2 M OPERATING INCOME
53.07%
Growth Rates
1Year 53.07%
3Years -84.30%
5Years -9.64%
7Years 0.00%
10Years 0.00%
-23.2 M NET INCOME
46.68%
Growth Rates
1Year 46.68%
3Years 19.64%
5Years -17.27%
7Years 0.00%
10Years 0.00%
-36.9 M OPERATING CASH FLOW
-182.34%
Growth Rates
1Year -182.34%
3Years -69.72%
5Years -19.38%
7Years 0.00%
10Years 0.00%
-26.4 M INVESTING CASH FLOW
62.06%
Growth Rates
1Year 62.06%
3Years -10.51%
5Years 12.86%
7Years 0.00%
10Years 0.00%
-7.03 M FINANCING CASH FLOW
10.92%
Growth Rates
1Year 10.92%
3Years -1.98%
5Years -3.51%
7Years 0.00%
10Years 0.00%
209 M REVENUE
1.88%
Growth Rates
1Year 11.01%
3Years 6.20%
5Years 10.41%
7Years 0.00%
10Years 0.00%
-12.6 M OPERATING INCOME
-156.45%
Growth Rates
1Year 53.07%
3Years -84.30%
5Years -9.64%
7Years 0.00%
10Years 0.00%
-13.5 M NET INCOME
-136.27%
Growth Rates
1Year 46.68%
3Years 19.64%
5Years -17.27%
7Years 0.00%
10Years 0.00%
6.75 M OPERATING CASH FLOW
189.85%
Growth Rates
1Year -182.34%
3Years -69.72%
5Years -19.38%
7Years 0.00%
10Years 0.00%
4.4 M INVESTING CASH FLOW
257.71%
Growth Rates
1Year 62.06%
3Years -10.51%
5Years 12.86%
7Years 0.00%
10Years 0.00%
-4.09 M FINANCING CASH FLOW
46.29%
Growth Rates
1Year 10.92%
3Years -1.98%
5Years -3.51%
7Years 0.00%
10Years 0.00%
Balance Sheet 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
18.77 %9.39 %3.46 %40.43 %27.47 %Total Assets$547.7m
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
22.38 %8.59 %24.96 %40.55 %3.53 %Total Liabilities$247.9m
EFFICIENCY
Earnings Waterfall InnovAge Holding Corp.
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Revenue 764 M
Cost Of Revenue 632 M
Gross Profit 132 M
Operating Expenses 155 M
Operating Income -23.2 M
Other Expenses 41 K
Net Income -23.2 M
800m800m700m700m600m600m500m500m400m400m300m300m200m200m100m100m00(100m)(100m)764m(632m)132m(155m)(23m)(41k)(23m)RevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
17.29% GROSS MARGIN
17.29%
Averages
1Year 17.29%
3Years 17.13%
5Years 20.72%
7Years 0.00%
10Years 0.00%
-3.03% OPERATING MARGIN
-3.03%
Averages
1Year -3.03%
3Years -3.63%
5Years -0.50%
7Years 0.00%
10Years 0.00%
-2.79% NET MARGIN
-2.79%
Averages
1Year -2.79%
3Years -3.28%
5Years -2.45%
7Years 0.00%
10Years 0.00%
-7.92% ROE
-7.92%
Averages
1Year -7.92%
3Years -8.02%
5Years -2.28%
7Years 0.00%
10Years 0.00%
-3.90% ROA
-3.90%
Averages
1Year -3.90%
3Years -4.17%
5Years -2.90%
7Years 0.00%
10Years 0.00%
-5.73% ROIC
-5.73%
Averages
1Year -5.73%
3Years -5.50%
5Years -1.32%
7Years 0.00%
10Years 0.00%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis InnovAge Holding Corp.
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40m40m30m30m20m20m10m10m00(10m)(10m)(20m)(20m)(30m)(30m)(40m)(40m)(50m)(50m)202020202021202120222022202320232024202420252025
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 64.47%
INNV Average Price Target Wall Street Target
6.8 USD 123.68%
INNV Highest Price Target Wall Street Target
8 USD 163.16%
Price
Max Price Target
Min Price Target
Average Price Target
88776655443322May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 7
6. Ownership
Insider Ownership InnovAge Holding Corp.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
10.9 K USD 1
6-9 MONTHS
71.1 K USD 1
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
7. News
InnovAge Announces Participation at the KeyBanc Capital Markets Healthcare Forum DENVER, March 04, 2025 (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 that Patrick Blair, CEO, and Ben Adams, CFO will be speaking at the KeyBanc Capital Markets Healthcare Forum on Tuesday, March 18, 2025, at 3:45 p.m. PT. The virtual event will be webcast live, and a link for the event will be available online on the investor relations section of the Company's website. globenewswire.com - 1 month ago
InnovAge Holding Corp. (INNV) Q2 2025 Earnings Call Transcript InnovAge Holding Corp. (NASDAQ:INNV ) Q2 2025 Results Earnings Conference Call February 4, 2025 5:00 PM ET Company Participants Ryan Kubota - Director of Investor Relations Patrick Blair - Chief Executive Officer Ben Adams - Chief Financial Officer Richard Feifer - Chief Medical Officer Conference Call Participants Jamie Perse - Goldman Sachs Jared Haase - William Blair Matthew Gilmore - KeyBanc Capital Markets Benjamin Rossi - J.P. Morgan Operator Welcome to InnovAge Second Quarter 2025 Earnings Conference Call. seekingalpha.com - 2 months ago
InnovAge Announces Financial Results For the Fiscal Second Quarter Ended December 31, 2024 DENVER, Feb. 04, 2025 (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 second quarter ended December 31, 2024. “Our second quarter results reflect the meaningful progress we are making to strengthen the business, drive top-line growth and margin improvement,” said CEO Patrick Blair. globenewswire.com - 2 months ago
InnovAge to Announce Fiscal Second Quarter 2025 Financial Results and Host Conference Call Tuesday, February 4, 2025 DENVER, Jan. 21, 2025 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (“InnovAge” or the “Company”) (Nasdaq: INNV), an industry leader in providing comprehensive healthcare programs to frail, and predominantly dual-eligible seniors through the Program of All-inclusive Care for the Elderly (PACE), today announced it will release its 2025 fiscal second quarter financial results on Tuesday, February 4, 2025, after market close. In conjunction, the Company will host a conference call to review the results at 5 p.m. globenewswire.com - 2 months ago
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 - 5 months 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 - 5 months 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 - 5 months 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 - 5 months 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 - 5 months 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 - 6 months 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 - 7 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 - 7 months ago
8. Profile Summary

InnovAge Holding Corp. INNV

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COUNTRY US
INDUSTRY Medical - Care Facilities
MARKET CAP $ 411 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. Ryan Kubota Director of Investor Relations Mr. Matt Huray Chief Strategy & Corporate Development Officer Hon. Marilyn Barbour Tavenner M.H.A., R.N. Independent Director Mr. Benjamin Crowninshield Adams Chief Financial Officer Ms. Cara Babachicos Chief Information Officer Mr. Michael Scarbrough President & Chief Operating Officer Ms. Olivia Patton Chief Compliance Officer Ms. Nicole D'Amato Chief Legal Officer & Corporate Secretary Mr. Edward Moore Kennedy Jr., J.D. Independent Director Mr. Patrick Blair Chief Executive Officer