INNOVATE (HCHC) Stock Price, News & Analysis

Company Overview

INNOVATE Corp. engages in the acquisition and investment of assets. It operates through the following segments: Infrastructure, Clean Energy, Telecommunications, Insurance, Life Sciences, Spectrum, and Other. The Infrastructure segment models, details, fabricates, and erects structural steel for commercial and industrial construction projects. The Clean Energy segment designs, builds, and maintains compressed natural gas fueling stations for transportation vehicles. The Telecommunications segment manages telecommunications business including a network of direct routes and provides voice communication services. The Insurance segment offers long-termcare, life, annuity, and other accident and health coverage. The Life Sciences segment maintains controlling interests in Genovel Orthopedics, Inc. and R2 Technologies, Inc. through Pansend Life Sciences LLC. The Spectrum segment owns over-the-air broadcasting stations and spanish-language broadcast network. The Other segment represents all other businesses or investments that do not meet the definition of a segment individually or in the aggregate. The company was founded in 1994 and is headquartered in New York, NY.

Key Stats

• Today's Range: $6.55 to $10.95
• 50-Day Range: $3.45 to $4.25
• 52-Week Range: $2.06 to $4.75
• Volume: 30.84 million shs
• Average Volume: 437,553 shs
• Market Capitalization: $740.85 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

HCHC Stock Analysis - Frequently Asked Questions

How were INNOVATE's earnings last quarter?

INNOVATE Corp (NYSE:HCHC) issued its quarterly earnings data on Friday, May, 7th. The technology company reported ($0.51) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.22) by $0.29. The technology company earned $171.80 million during the quarter. INNOVATE had a negative trailing twelve-month return on equity of 15.62% and a negative net margin of 3.10%.

What other stocks do shareholders of INNOVATE own?

Based on aggregate information from My MarketBeat watchlists, some other companies that INNOVATE investors own include Enterprise Products Partners (EPD), NVIDIA (NVDA), OPKO Health (OPK), AT&T (T), Micron Technology (MU), Pfizer (PFE) and Plug Power (PLUG).

Company Calendar

• Last Earnings: 5/07/2021
• Today: 1/22/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Conglomerates
• Industry: Fabricated Structural Metal Products
• Sub-Industry: N/A
• Current Symbol: NYSE:HCHC
• Previous Symbol: NASDAQ:HCHC
• CUSIP: N/A
• CIK: 1006837
• Web: www.hc2.com
• Phone: (212) 235-2690
• Fax: N/A
• Employees: 2,803
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-92,000,000.00
• Net Margins: -3.10%
• Pretax Margin: N/A
• Return on Equity: -15.62%
• Return on Assets: -1.13%

Debt

• Debt-to-Equity Ratio: 1.19
• Current Ratio: 1.10
• Quick Ratio: 1.10

Sales & Book Value

• Annual Sales: $1.01 billion
• Price / Sales: 0.74
• Cash Flow: $0.15 per share
• Price / Cash Flow: 63.97
• Book Value: $7.82 per share
• Price / Book: 1.22

Miscellaneous

• Outstanding Shares: 77,820,000
• Free Float: N/A
• Market Cap: $740.85 million
• Optionable: Not Optionable
• Beta: 2.31