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INNOVATE (VATE) Competitors

INNOVATE logo
$3.89 0.00 (0.00%)
(As of 10:01 AM ET)

VATE vs. ACU, CSTE, RECT, MTEN, TPCS, VSTE, NWGL, RETO, ZKIN, and HIHO

Should you be buying INNOVATE stock or one of its competitors? The main competitors of INNOVATE include Acme United (ACU), Caesarstone (CSTE), Rectitude (RECT), Mingteng International (MTEN), TechPrecision (TPCS), Vast Renewables (VSTE), Nature Wood Group (NWGL), ReTo Eco-Solutions (RETO), ZK International Group (ZKIN), and Highway (HIHO). These companies are all part of the "construction materials" industry.

INNOVATE vs.

INNOVATE (NYSE:VATE) and Acme United (NYSE:ACU) are both small-cap multi-sector conglomerates companies, but which is the superior investment? We will contrast the two companies based on the strength of their profitability, media sentiment, institutional ownership, risk, dividends, community ranking, analyst recommendations, earnings and valuation.

Acme United received 7 more outperform votes than INNOVATE when rated by MarketBeat users.

CompanyUnderperformOutperform
INNOVATEN/AN/A
Acme UnitedOutperform Votes
7
70.00%
Underperform Votes
3
30.00%

In the previous week, INNOVATE had 10 more articles in the media than Acme United. MarketBeat recorded 10 mentions for INNOVATE and 0 mentions for Acme United. INNOVATE's average media sentiment score of 0.67 beat Acme United's score of 0.00 indicating that INNOVATE is being referred to more favorably in the media.

Company Overall Sentiment
INNOVATE Positive
Acme United Neutral

34.3% of INNOVATE shares are held by institutional investors. Comparatively, 62.1% of Acme United shares are held by institutional investors. 55.2% of INNOVATE shares are held by insiders. Comparatively, 34.1% of Acme United shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
INNOVATE
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
Acme United
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
4.00

Acme United has lower revenue, but higher earnings than INNOVATE. INNOVATE is trading at a lower price-to-earnings ratio than Acme United, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
INNOVATE$1.42B0.04-$35.20M-$3.58-1.09
Acme United$191.50M0.81$17.79M$4.898.46

INNOVATE has a beta of 2.38, indicating that its stock price is 138% more volatile than the S&P 500. Comparatively, Acme United has a beta of 0.66, indicating that its stock price is 34% less volatile than the S&P 500.

Acme United has a net margin of 10.25% compared to INNOVATE's net margin of -2.22%. Acme United's return on equity of 9.70% beat INNOVATE's return on equity.

Company Net Margins Return on Equity Return on Assets
INNOVATE-2.22% N/A -2.89%
Acme United 10.25%9.70%6.10%

Summary

Acme United beats INNOVATE on 11 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.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE 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.
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VATE vs. The Competition

MetricINNOVATEFabricated structural metal products IndustryMulti-Sector SectorNYSE Exchange
Market Cap$51.58M$2.20B$17.21B$19.90B
Dividend YieldN/A0.45%2.99%3.49%
P/E Ratio-1.0913.9610.5636.63
Price / Sales0.041.262.8217.98
Price / Cash3.9613.6312.7821.28
Price / Book-0.372.552.214.58
Net Income-$35.20M$42.21M$898.08M$985.06M
7 Day Performance-7.60%-1.44%-1.20%0.51%
1 Month Performance-37.16%4.42%-7.50%1.13%
1 Year Performance-62.95%8.41%-5.69%24.80%

INNOVATE Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
VATE
INNOVATE
0.2341 of 5 stars
$3.89
flat
N/A-61.5%$51.58M$1.42B-1.094,024
ACU
Acme United
N/A$41.39
-0.4%
N/A+9.9%$154.80M$191.50M17.17650
CSTE
Caesarstone
1.7269 of 5 stars
$3.80
-0.8%
$5.50
+44.7%
-4.0%$131.21M$565.23M0.001,813Negative News
RECT
Rectitude
N/A$3.55
+1.4%
N/AN/A$51.48M$30.69M0.00N/ANews Coverage
Gap Down
MTEN
Mingteng International
N/A$5.66
-3.7%
N/AN/A$35.15M$8.23M0.00N/AGap Up
TPCS
TechPrecision
0.4516 of 5 stars
$3.08
+1.0%
N/A-56.0%$29.64M$31.59M0.00160Gap Up
VSTE
Vast Renewables
N/A$1.48
-3.9%
N/AN/A$24.79M$340,000.000.00N/AGap Up
NWGL
Nature Wood Group
N/A$1.39
-5.4%
N/A-87.8%$23.00M$25.46M0.00114Gap Down
RETO
ReTo Eco-Solutions
N/A$0.88
+0.6%
N/A-86.2%$17.91M$3.24M0.00120
ZKIN
ZK International Group
0.8048 of 5 stars
$0.53
-4.2%
N/A-46.9%$17.39M$111.60M0.00270Gap Down
HIHO
Highway
0.4358 of 5 stars
$1.91
-1.1%
N/A-0.8%$8.42M$6.32M0.00200

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This page (NYSE:VATE) was last updated on 11/21/2024 by MarketBeat.com Staff
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