Free Trial

InnovAge (INNV) Competitors

InnovAge logo
$4.08 -0.32 (-7.27%)
(As of 12/17/2024 ET)

INNV vs. ARDT, ADUS, PACS, WGS, NHC, TDOC, FTRE, VRDN, AHCO, and CDNA

Should you be buying InnovAge stock or one of its competitors? The main competitors of InnovAge include Ardent Health Partners (ARDT), Addus HomeCare (ADUS), PACS Group (PACS), GeneDx (WGS), National HealthCare (NHC), Teladoc Health (TDOC), Fortrea (FTRE), Viridian Therapeutics (VRDN), AdaptHealth (AHCO), and CareDx (CDNA). These companies are all part of the "healthcare" industry.

InnovAge vs.

Ardent Health Partners (NYSE:ARDT) and InnovAge (NASDAQ:INNV) are both medical companies, but which is the superior investment? We will contrast the two businesses based on the strength of their community ranking, earnings, profitability, analyst recommendations, valuation, institutional ownership, media sentiment, dividends and risk.

Ardent Health Partners has a net margin of 0.00% compared to InnovAge's net margin of -2.03%. Ardent Health Partners' return on equity of 0.00% beat InnovAge's return on equity.

Company Net Margins Return on Equity Return on Assets
Ardent Health PartnersN/A N/A N/A
InnovAge -2.03%-5.68%-2.99%

Ardent Health Partners has higher revenue and earnings than InnovAge.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Ardent Health Partners$5.71B0.42$53.90MN/AN/A
InnovAge$786.51M0.70-$21.34M-$0.12-34.00

Ardent Health Partners received 15 more outperform votes than InnovAge when rated by MarketBeat users. Likewise, 83.33% of users gave Ardent Health Partners an outperform vote while only 0.00% of users gave InnovAge an outperform vote.

CompanyUnderperformOutperform
Ardent Health PartnersOutperform Votes
15
83.33%
Underperform Votes
3
16.67%
InnovAgeOutperform Votes
No Votes
Underperform Votes
5
100.00%

In the previous week, Ardent Health Partners had 2 more articles in the media than InnovAge. MarketBeat recorded 6 mentions for Ardent Health Partners and 4 mentions for InnovAge. Ardent Health Partners' average media sentiment score of 1.43 beat InnovAge's score of 0.86 indicating that Ardent Health Partners is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Ardent Health Partners
5 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
InnovAge
1 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

12.3% of InnovAge shares are held by institutional investors. 1.4% of InnovAge shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Ardent Health Partners currently has a consensus target price of $22.00, indicating a potential upside of 31.26%. InnovAge has a consensus target price of $6.00, indicating a potential upside of 47.06%. Given InnovAge's higher possible upside, analysts clearly believe InnovAge is more favorable than Ardent Health Partners.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Ardent Health Partners
0 Sell rating(s)
2 Hold rating(s)
8 Buy rating(s)
2 Strong Buy rating(s)
3.00
InnovAge
1 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.67

Summary

Ardent Health Partners beats InnovAge on 12 of the 16 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

INNV vs. The Competition

MetricInnovAgeHealth services IndustryMedical SectorNASDAQ Exchange
Market Cap$552.66M$930.44M$5.18B$9.30B
Dividend YieldN/A1.87%4.78%4.06%
P/E Ratio-34.0037.27132.5417.55
Price / Sales0.704.181,260.41139.00
Price / CashN/A25.0440.9437.95
Price / Book2.002.994.894.91
Net Income-$21.34M-$3.80M$119.18M$225.69M
7 Day Performance-15.53%-6.72%14.55%-1.47%
1 Month Performance-22.43%-1.62%17.43%5.37%
1 Year Performance-28.30%280.20%35.26%22.71%

InnovAge Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
INNV
InnovAge
1.4494 of 5 stars
$4.08
-7.3%
$6.00
+47.1%
-28.3%$552.66M$786.51M-34.002,350Analyst Forecast
News Coverage
Positive News
High Trading Volume
ARDT
Ardent Health Partners
N/A$16.79
+0.6%
$21.82
+29.9%
N/A$2.40B$5.71B0.0024,200Analyst Forecast
News Coverage
Positive News
ADUS
Addus HomeCare
4.7566 of 5 stars
$129.54
+3.6%
$133.67
+3.2%
+40.9%$2.35B$1.06B28.6034,846Analyst Forecast
Short Interest ↓
PACS
PACS Group
3.7481 of 5 stars
$15.32
-0.6%
$39.88
+160.3%
N/A$2.33B$3.11B0.0032,433Analyst Forecast
WGS
GeneDx
1.496 of 5 stars
$78.37
+3.9%
$59.33
-24.3%
+3,159.3%$2.15B$267.23M-24.251,200
NHC
National HealthCare
N/A$122.36
+0.8%
N/AN/A$1.89B$1.23B15.2213,123
TDOC
Teladoc Health
2.4882 of 5 stars
$10.77
+3.4%
$12.24
+13.6%
-50.9%$1.85B$2.60B-1.815,600
FTRE
Fortrea
2.2356 of 5 stars
$19.99
-0.1%
$23.30
+16.6%
-39.0%$1.79B$3.11B-5.8518,000
VRDN
Viridian Therapeutics
2.9361 of 5 stars
$21.98
+23.1%
$36.33
+65.3%
+8.3%$1.74B$310,000.00-5.2950Analyst Forecast
News Coverage
Gap Up
High Trading Volume
AHCO
AdaptHealth
3.0107 of 5 stars
$9.99
+4.6%
$11.67
+16.8%
+29.7%$1.34B$3.26B-5.7910,700
CDNA
CareDx
3.7729 of 5 stars
$22.61
-1.1%
$29.60
+30.9%
+122.1%$1.21B$280.32M-8.35740Short Interest ↑

Related Companies and Tools


This page (NASDAQ:INNV) was last updated on 12/18/2024 by MarketBeat.com Staff
From Our Partners