Identiv (INVE) Stock Price, News & Analysis

Company Overview

Identiv, Inc., a security technology company, that provides secure identification and physical security solutions that secure things, data, and physical places worldwide. It operates in two segments, Identity and Premises. The Identity segment offers products and solutions that enables secure access to information serving the logical access and cyber security markets, as well as protecting connected objects and information using radio-frequency identification embedded security. The Premises segment provides solutions for premises security market, such as access control, video surveillance, analytics, audio, access readers, and identities to government facilities, schools, utilities, hospitals, stores, and apartment buildings. The company sells its products through dealers, systems integrators, value added resellers, and resellers. The company was formerly known as Identive Group, Inc. and changed its name to Identiv, Inc. in May 2014. Identiv, Inc. was founded in 1990 and is headquartered in Fremont, California.

Key Stats

• Today's Range: $3.60 to $3.73
• 50-Day Range: $3.43 to $4.24
• 52-Week Range: $2.95 to $9.24
• Volume: 60,250 shs
• Average Volume: 87,036 shs
• Market Capitalization: $88.37 million
• P/E Ratio: 1.21
• Dividend Yield: N/A
• Price Target: $7.25
• Consensus Rating: Buy

Identiv Stock Analysis - MarketRank™

Identiv scored higher than 74% of companies evaluated by MarketBeat, and ranked 239th out of 653 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Identiv has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Identiv has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Identiv are expected to grow in the coming year, from ($1.11) to ($0.92) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Identiv is 1.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.41.

Price to Earnings Ratio vs. Sector

The P/E ratio of Identiv is 1.21, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 238.12.

Price to Book Value per Share Ratio

Identiv has a P/B Ratio of 1.16. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.54% of the outstanding shares of Identiv have been sold short.

Short Interest Ratio / Days to Cover

Identiv has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Identiv has recently decreased by 13.58%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Identiv does not currently pay a dividend.

Dividend Growth

Identiv does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.54% of the outstanding shares of Identiv have been sold short.

Short Interest Ratio / Days to Cover

Identiv has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Identiv has recently decreased by 13.58%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.1 / 5
• News Sentiment: -0.14

News Sentiment

Identiv has a news sentiment score of -0.14. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.65 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Identiv this week, compared to 1 article on an average week.

Search Interest

8 people have searched for INVE on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.

MarketBeat Follows

2 people have added Identiv to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Identiv insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 4.60% of the stock of Identiv is held by insiders.

Percentage Held by Institutions

65.16% of the stock of Identiv is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

INVE Stock Analysis - Frequently Asked Questions

How have INVE shares performed this year?

Identiv's stock was trading at $8.24 at the beginning of the year. Since then, INVE stock has decreased by 55.1% and is now trading at $3.70.
View the best growth stocks for 2024 here.

How were Identiv's earnings last quarter?

Identiv, Inc. (NASDAQ:INVE) announced its quarterly earnings data on Wednesday, May, 8th. The technology company reported ($0.21) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.15) by $0.06. The technology company had revenue of $22.49 million for the quarter, compared to the consensus estimate of $23 million. Identiv had a net margin of 113.62% and a negative trailing twelve-month return on equity of 20.60%.

Is Identiv buying back stock?

Identiv's board initiated a stock buyback plan on Thursday, November 7th 2024, which authorizes the company to repurchase $10,000,000 in shares, according to EventVestor. This means that the company could purchase up to 11.9% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board believes its stock is undervalued.

Does Identiv have any subsidiaries?

Identiv subsidiaries include Viscount Systems Inc, Thursby Software, 3VR, payment solution AG, Polyright, idOnDemand, FCI Smartag Pte. Ltd., and more.

Who are Identiv's major shareholders?

Top institutional shareholders of Identiv include Royce & Associates LP (5.85%), Portolan Capital Management LLC (4.22%), Assenagon Asset Management S.A. (0.72%) and Jacobs Levy Equity Management Inc. (0.27%). Insiders that own company stock include Lp Bleichroeder, Gary Kremen, Steven Humphreys, Kirsten F Newquist and Justin Scarpulla.
View institutional ownership trends.

How do I buy shares of Identiv?

Shares of INVE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Identiv own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Identiv investors own include Uranium Energy (UEC), Hawkins (HWKN), Energy Transfer (ET), Ford Motor (F), Meta Platforms (META), Advanced Micro Devices (AMD) and Alibaba Group (BABA).

Company Calendar

• Last Earnings: 5/08/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Computer peripheral equipment, not elsewhere classified
• Sub-Industry: Computer Hardware
• Current Symbol: NASDAQ:INVE
• CUSIP: N/A
• CIK: 1036044
• Web: www.identiv.com
• Phone: (949) 250-8888
• Fax: 949-250-7263
• Employees: 330
• Year Founded: 1990

Price Target and Rating

• Average Stock Price Target: $7.25
• High Stock Price Target: $8.50
• Low Stock Price Target: $6.00
• Potential Upside/Downside: +95.9%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $3.06
• Trailing P/E Ratio: 1.21
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-5,490,000.00
• Net Margins: 113.62%
• Pretax Margin: -24.66%
• Return on Equity: -20.60%
• Return on Assets: -15.52%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 8.73
• Quick Ratio: 8.17

Sales & Book Value

• Annual Sales: $104.22 million
• Price / Sales: 0.85
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $3.20 per share
• Price / Book: 1.16

Miscellaneous

• Outstanding Shares: 23,885,000
• Free Float: 22,786,000
• Market Cap: $88.37 million
• Optionable: Optionable
• Beta: 1.35