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INNOVATE (VATE) Competitors

INNOVATE logo
$5.11 +0.23 (+4.71%)
As of 01/17/2025 03:58 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

VATE vs. SMID, CSTE, BW, ACU, RECT, MTEN, TPCS, BNRG, ZKIN, and NWGL

Should you be buying INNOVATE stock or one of its competitors? The main competitors of INNOVATE include Smith-Midland (SMID), Caesarstone (CSTE), Babcock & Wilcox Enterprises (BW), Acme United (ACU), Rectitude (RECT), Mingteng International (MTEN), TechPrecision (TPCS), Brenmiller Energy (BNRG), ZK International Group (ZKIN), and Nature Wood Group (NWGL). These companies are all part of the "construction materials" industry.

INNOVATE vs.

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

34.3% of INNOVATE shares are owned by institutional investors. Comparatively, 49.9% of Smith-Midland shares are owned by institutional investors. 55.2% of INNOVATE shares are owned by company insiders. Comparatively, 4.5% of Smith-Midland shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
INNOVATE$1.42B0.05-$35.20M-$3.58-1.43
Smith-Midland$59.58M3.64$800K$1.2133.84

INNOVATE has a beta of 2.41, indicating that its stock price is 141% more volatile than the S&P 500. Comparatively, Smith-Midland has a beta of 1.4, indicating that its stock price is 40% more volatile than the S&P 500.

INNOVATE and Smith-Midland both received 0 outperform votes by MarketBeat users.

CompanyUnderperformOutperform
INNOVATEN/AN/A
Smith-MidlandN/AN/A

Smith-Midland has a net margin of 8.52% compared to INNOVATE's net margin of -2.22%. Smith-Midland's return on equity of 17.71% beat INNOVATE's return on equity.

Company Net Margins Return on Equity Return on Assets
INNOVATE-2.22% N/A -2.89%
Smith-Midland 8.52%17.71%10.13%

In the previous week, INNOVATE had 15 more articles in the media than Smith-Midland. MarketBeat recorded 15 mentions for INNOVATE and 0 mentions for Smith-Midland. INNOVATE's average media sentiment score of 0.79 beat Smith-Midland's score of -0.55 indicating that INNOVATE is being referred to more favorably in the media.

Company Overall Sentiment
INNOVATE Positive
Smith-Midland Negative

Summary

Smith-Midland beats INNOVATE on 8 of the 13 factors compared between the two stocks.

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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$67.76M$2.11B$16.29B$19.94B
Dividend YieldN/A0.51%3.34%3.71%
P/E Ratio-1.4317.9511.7241.41
Price / Sales0.051.222.3216.25
Price / Cash5.1312.9211.9519.84
Price / Book-0.272.742.245.76
Net Income-$35.20M$42.21M$853.00M$993.25M
7 Day Performance4.71%3.06%1.25%2.27%
1 Month Performance-2.67%-1.31%3.64%4.76%
1 Year Performance-51.79%8.58%-11.64%18.83%

INNOVATE Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
VATE
INNOVATE
0.8803 of 5 stars
$5.11
+4.7%
N/A-51.8%$67.76M$1.42B-1.434,024
SMID
Smith-Midland
0.0403 of 5 stars
$38.95
+0.1%
N/A+4.5%$206.63M$76.37M32.19200Positive News
Gap Down
CSTE
Caesarstone
2.0053 of 5 stars
$4.11
+2.5%
$6.00
+46.0%
+2.7%$141.93M$473.88M-2.042,270Short Interest ↑
Positive News
BW
Babcock & Wilcox Enterprises
3.29 of 5 stars
$1.46
-9.1%
$4.50
+209.3%
+37.2%$137.23M$878.22M-1.751,800Short Interest ↓
Gap Up
ACU
Acme United
N/A$34.68
-1.2%
N/A-23.8%$129.74M$190.49M7.09650
RECT
Rectitude
N/A$6.92
-0.6%
N/AN/A$100.34M$41.35M0.00N/APositive News
Gap Down
MTEN
Mingteng International
N/A$5.12
-5.5%
N/AN/A$31.78M$9.14M0.00N/A
TPCS
TechPrecision
0.6814 of 5 stars
$3.14
+2.3%
N/A-15.3%$30.20M$32.21M-3.45160Positive News
BNRG
Brenmiller Energy
0.3801 of 5 stars
$2.58
-14.0%
N/A-69.9%$20.89M$41,000.000.0070Short Interest ↑
Gap Up
ZKIN
ZK International Group
1.8711 of 5 stars
$0.61
-2.2%
N/A-15.7%$20.25M$114.83M0.00270Gap Up
NWGL
Nature Wood Group
N/A$1.19
+6.9%
N/A-85.1%$19.70M$21.71M0.00114Positive News
High Trading Volume

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This page (NYSE:VATE) was last updated on 1/21/2025 by MarketBeat.com Staff
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