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    InnovAge Holding Corp. (INNV)

    Price:

    3.49 USD

    ( - -0.03 USD)

    Your position:

    0 USD

    ACTION PANEL
    CREATE A NOTE
    ABOUT
    Symbol
    INNV
    Name
    InnovAge Holding Corp.
    Industry
    Medical - Care Facilities
    Sector
    Healthcare
    Price
    3.490
    Market Cap
    471.195M
    Enterprise value
    741.036M
    Currency
    USD
    Ceo
    Patrick Blair
    Full Time Employees
    2350
    Ipo Date
    2021-03-04
    City
    Denver
    Address
    8950 East Lowry Boulevard

    Check the

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    SIMILAR COMPANIES STI SCORE

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    Healthcare Services Group, Inc.

    VALUE SCORE:

    6

    Symbol
    HCSG
    Market Cap
    1.101B
    Industry
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    Sector
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    Option Care Health, Inc.

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    Symbol
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    Market Cap
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    Industry
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    Acadia Healthcare Company, Inc.

    VALUE SCORE:

    10

    Symbol
    ACHC
    Market Cap
    1.973B
    Industry
    Medical - Care Facilities
    Sector
    Healthcare
    FUNDAMENTALS
    P/E
    -15.110
    P/S
    0.567
    P/B
    1.983
    Debt/Equity
    0.443
    EV/FCF
    32.276
    Price to operating cash flow
    -1.000
    Price to free cash flow
    -1.000
    EV/sales
    0.621
    Earnings yield
    -0.066
    Debt/assets
    0.196
    FUNDAMENTALS
    Net debt/ebidta
    -9.444
    Interest coverage
    -7.115
    Research And Developement To Revenue
    0
    Intangile to total assets
    0.272
    Capex to operating cash flow
    0.379
    Capex to revenue
    0.012
    Capex to depreciation
    0.455
    Return on tangible assets
    -0.080
    Debt to market cap
    0.224
    Piotroski Score
    6.000
    FUNDAMENTALS
    PEG
    0.709
    P/CF
    18.123
    P/FCF
    29.129
    RoA %
    -5.819
    RoIC %
    -8.998
    Gross Profit Margin %
    17.907
    Quick Ratio
    0.782
    Current Ratio
    0.782
    Net Profit Margin %
    -3.755
    Net-Net
    -0.972
    FUNDAMENTALS PER SHARE
    FCF per share
    0.118
    Revenue per share
    6.151
    Net income per share
    -0.231
    Operating cash flow per share
    0.190
    Free cash flow per share
    0.118
    Cash per share
    0.752
    Book value per share
    1.980
    Tangible book value per share
    0.900
    Shareholders equity per share
    1.760
    Interest debt per share
    0.813
    TECHNICAL
    52 weeks high
    6.690
    52 weeks low
    2.600
    Current trading session High
    3.610
    Current trading session Low
    3.428
    DIVIDEND
    Dividend yield
    0.00%
    Payout ratio
    0.00%
    Years of div. Increase
    0
    Years of div.
    0
    Q-shift
    Dividend per share
    0
    SIMILAR COMPANIES
    logo

    Country
    US
    Sector
    Healthcare
    Industry
    Medical - Care Facilities
    Dividend yield
    0.08583691%
    Payout Ratio
    -1886.341%
    P/E
    -219.816
    logo

    Country
    US
    Sector
    Healthcare
    Industry
    Medical - Care Facilities
    Dividend yield
    0%
    Payout Ratio
    0%
    P/E
    -3.079
    logo

    Country
    US
    Sector
    Healthcare
    Industry
    Medical - Care Facilities
    Dividend yield
    0.0055013956%
    Payout Ratio
    12.837191%
    P/E
    23.789
    logo

    Country
    US
    Sector
    Healthcare
    Industry
    Medical - Care Facilities
    Dividend yield
    0.0014597464%
    Payout Ratio
    4.351557000000001%
    P/E
    30.021
    logo

    Country
    US
    Sector
    Healthcare
    Industry
    Medical - Care Facilities
    Dividend yield
    0%
    Payout Ratio
    0%
    P/E
    -0.132
    logo

    Country
    US
    Sector
    Healthcare
    Industry
    Medical - Care Facilities
    Dividend yield
    0.022592152%
    Payout Ratio
    35.956183%
    P/E
    16.131
    logo

    Country
    US
    Sector
    Healthcare
    Industry
    Medical - Care Facilities
    Dividend yield
    0%
    Payout Ratio
    0%
    P/E
    32.182
    logo

    Country
    US
    Sector
    Healthcare
    Industry
    Medical - Care Facilities
    Dividend yield
    0.01976868%
    Payout Ratio
    35.272235%
    P/E
    11.621
    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.

    NEWS
    https://images.financialmodelingprep.com/news/innovage-florida-pace-tampa-and-tampa-general-hospital-form-20250815.jpg
    InnovAge Florida PACE – Tampa and Tampa General Hospital Form Joint Venture to Elevate PACE Services in Tampa

    globenewswire.com

    2025-08-15 16:05:00

    TAMPA, Fla., Aug. 15, 2025 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (“InnovAge”) (Nasdaq: INNV), a leader in senior care through the Program of All-inclusive Care for the Elderly (“PACE”), is proud to announce a new joint venture of its Tampa, Florida center, located at 4520 Seedling Circle, Tampa, Florida 33614 with Tampa General Hospital (TGH).

    https://images.financialmodelingprep.com/news/cohen-milstein-sellers-toll-pllc-announces-proposed-class-action-20250721.jpg
    Cohen Milstein Sellers & Toll PLLC Announces Proposed Class Action Settlement on Behalf of Purchasers of InnovAge Holding Corp. Publicly Traded Common Stock - INNV

    globenewswire.com

    2025-07-21 09:00:00

    DENVER, July 21, 2025 (GLOBE NEWSWIRE) -- Cohen Milstein Sellers & Toll PLLC announces that the United District Court for the District of Colorado has approved the following announcement of a proposed class action settlement that would benefit purchasers of InnovAge Holding Corp. publicly traded common stock (NASDAQ: INNV):

    https://images.financialmodelingprep.com/news/squarepoint-ops-llc-takes-68000-position-in-innovage-holding-20250611.png
    Squarepoint Ops LLC Takes $68,000 Position in InnovAge Holding Corp. (NASDAQ:INNV)

    https://www.defenseworld.net

    2025-06-11 03:34:46

    Squarepoint Ops LLC purchased a new stake in InnovAge Holding Corp. (NASDAQ:INNV – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 17,272 shares of the company’s stock, valued at approximately $68,000. Other hedge funds have also recently made changes to their positions in the company. Bank of America Corp DE raised its holdings in shares of InnovAge by 42.4% in the 4th quarter. Bank of America Corp DE now owns 19,945 shares of the company’s stock valued at $78,000 after purchasing an additional 5,936 shares in the last quarter. BNP Paribas Financial Markets purchased a new position in InnovAge during the 4th quarter worth $123,000. Jane Street Group LLC grew its position in InnovAge by 230.6% during the 4th quarter. Jane Street Group LLC now owns 39,398 shares of the company’s stock worth $155,000 after purchasing an additional 27,481 shares during the last quarter. Northern Trust Corp boosted its holdings in shares of InnovAge by 4.7% in the fourth quarter. Northern Trust Corp now owns 330,099 shares of the company’s stock valued at $1,297,000 after acquiring an additional 14,900 shares in the last quarter. Finally, Topline Capital Management LLC purchased a new stake in shares of InnovAge in the fourth quarter valued at about $231,000. Hedge funds and other institutional investors own 12.26% of the company’s stock. Insider Transactions at InnovAge In other news, Director Richard C. Zoretic acquired 8,450 shares of the business’s stock in a transaction on Friday, May 30th. The shares were purchased at an average price of $4.08 per share, for a total transaction of $34,476.00. Following the completion of the purchase, the director now directly owns 68,494 shares of the company’s stock, valued at $279,455.52. This represents a 14.07% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Michael Anthony Scarbrough purchased 10,000 shares of the business’s stock in a transaction that occurred on Friday, May 9th. The stock was bought at an average cost of $3.55 per share, for a total transaction of $35,500.00. Following the acquisition, the chief operating officer now owns 10,000 shares in the company, valued at approximately $35,500. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. Insiders purchased 71,653 shares of company stock valued at $281,922 over the last quarter. Company insiders own 1.40% of the company’s stock. InnovAge Stock Down 1.0% INNV stock opened at $3.81 on Wednesday. The company has a market cap of $514.40 million, a P/E ratio of -20.05 and a beta of 0.55. InnovAge Holding Corp. has a 52 week low of $2.60 and a 52 week high of $6.69. The company’s 50-day moving average price is $3.42 and its 200 day moving average price is $3.62. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.27. InnovAge (NASDAQ:INNV – Get Free Report) last released its earnings results on Tuesday, May 6th. The company reported ($0.08) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.06). The firm had revenue of $218.14 million during the quarter, compared to analysts’ expectations of $214.09 million. InnovAge had a negative return on equity of 9.45% and a negative net margin of 3.19%. On average, research analysts expect that InnovAge Holding Corp. will post -0.12 earnings per share for the current fiscal year. InnovAge Profile (Free Report) 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 its homes and communities. The company manages its business through Program of All-Inclusive Care for the Elderly (PACE) approach. It also 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. See Also Five stocks we like better than InnovAge Stock Market Sectors: What Are They and How Many Are There? AppLovin Dips on S&P 500 Snub, Morgan Stanley Lifts Target Anyway What Are Earnings Reports? Casey’s Surges on Strong Q4, More Gains Likely Ahead What is an Earnings Surprise? Government Mandate Sends eVTOL Stocks Flying Want to see what other hedge funds are holding INNV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for InnovAge Holding Corp. (NASDAQ:INNV – Free Report).

    https://images.financialmodelingprep.com/news/innovage-holding-corp-innv-q3-2025-earnings-call-transcript-20250510.jpg
    InnovAge Holding Corp. (INNV) Q3 2025 Earnings Call Transcript

    seekingalpha.com

    2025-05-10 10:45:03

    InnovAge Holding Corp. (NASDAQ:INNV ) Q3 2025 Results Conference Call May 6, 2025 5:00 PM ET Company Participants Ryan Kubota - Director of Investor Relations Patrick Blair - Chief Executive Officer Ben Adams - Chief Financial Officer Conference Call Participants Benjamin Rossi - JPMorgan Jared Haase - William Blair Matthew Gilmore - KeyBanc Capital Markets Jamie Perse - Goldman Sachs Operator Good day, and thank you for standing by. Welcome to the InnovAge Third Quarter 2025 Earnings Conference Call.

    https://images.financialmodelingprep.com/news/innovage-announces-financial-results-for-the-fiscal-third-quarter-20250506.jpg
    InnovAge Announces Financial Results for the Fiscal Third Quarter Ended March 31, 2025

    globenewswire.com

    2025-05-06 16:05:00

    DENVER, May 06, 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 third quarter ended March 31, 2025. “Our third quarter results reflect continued strength in topline growth, disciplined cost management, and effective medical expense control,” said CEO Patrick Blair.

    https://images.financialmodelingprep.com/news/innovage-to-announce-fiscal-third-quarter-2025-financial-results-20250422.jpg
    InnovAge to Announce Fiscal Third Quarter 2025 Financial Results and Host Conference Call Tuesday, May 6, 2025

    globenewswire.com

    2025-04-22 08:00:00

    DENVER, April 22, 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 third quarter financial results on Tuesday, May 6, 2025, after market close. In conjunction, the Company will host a conference call to review the results at 5 p.m.

    https://images.financialmodelingprep.com/news/innovage-champions-pace-at-state-capitols-to-protect-critical-20250417.jpg
    InnovAge Champions PACE at State Capitols to Protect Critical Care for Seniors

    globenewswire.com

    2025-04-17 08:00:00

    DENVER, April 17, 2025 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (“InnovAge”) (Nasdaq: INNV), the nation's largest provider of the Program of All-inclusive Care for the Elderly (PACE) based on participants served, has engaged staff, nationwide, to reinforce the critical need for this successful senior care program. InnovAge teams are meeting with lawmakers nationwide and building positive support among decision makers about the PACE program, known as healthcare's “best kept secret.

    https://images.financialmodelingprep.com/news/innovage-announces-participation-at-thekeybanc-capital-markets-healthcare-forum-20250304.jpg
    InnovAge Announces Participation at the KeyBanc Capital Markets Healthcare Forum

    globenewswire.com

    2025-03-04 08:00:00

    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.

    https://images.financialmodelingprep.com/news/innovage-holding-corp-innv-q2-2025-earnings-call-transcript-20250204.jpg
    InnovAge Holding Corp. (INNV) Q2 2025 Earnings Call Transcript

    seekingalpha.com

    2025-02-04 23:49:26

    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.

    https://images.financialmodelingprep.com/news/innovage-announces-financial-results-for-the-fiscal-second-quarter-ended-20250204.jpg
    InnovAge Announces Financial Results For the Fiscal Second Quarter Ended December 31, 2024

    globenewswire.com

    2025-02-04 16:05:00

    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.

    https://images.financialmodelingprep.com/news/innovage-to-announce-fiscal-second-quarter-2025-financial-results-20250121.jpg
    InnovAge to Announce Fiscal Second Quarter 2025 Financial Results and Host Conference Call Tuesday, February 4, 2025

    globenewswire.com

    2025-01-21 08:00:00

    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.

    https://images.financialmodelingprep.com/news/innovage-holding-corp-innv-q1-2025-earnings-call-transcript-20241105.jpg
    InnovAge Holding Corp. (INNV) Q1 2025 Earnings Call Transcript

    seekingalpha.com

    2024-11-05 23:50:28

    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.

    https://images.financialmodelingprep.com/news/innovage-holding-corp-innv-reports-q1-loss-tops-revenue-20241105.jpg
    InnovAge Holding Corp. (INNV) Reports Q1 Loss, Tops Revenue Estimates

    zacks.com

    2024-11-05 18:21:06

    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.

    https://images.financialmodelingprep.com/news/innovage-announces-financial-results-for-the-fiscal-first-quarter-20241105.jpg
    InnovAge Announces Financial Results for the Fiscal First Quarter Ended September 30, 2024

    globenewswire.com

    2024-11-05 16:05:00

    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.

    https://images.financialmodelingprep.com/news/innovage-appoints-michael-scarbrough-as-new-president-and-chief-20241104.jpg
    InnovAge Appoints Michael Scarbrough as New President and Chief Operating Officer and Maria Lozzano as President, Pharmacy Services

    globenewswire.com

    2024-11-04 08:00:00

    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.

    https://images.financialmodelingprep.com/news/innovage-holding-corp-innv-expected-to-beat-earnings-estimates-20241029.jpg
    InnovAge Holding Corp. (INNV) Expected to Beat Earnings Estimates: Should You Buy?

    zacks.com

    2024-10-29 11:06:31

    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.