VATE vs. LEGH, ZJK, CPAC, CIX, SMID, ACU, CSTE, BW, RECT, and MTEN
Should you be buying INNOVATE stock or one of its competitors? The main competitors of INNOVATE include Legacy Housing (LEGH), ZJK Industrial (ZJK), Cementos Pacasmayo S.A.A. (CPAC), CompX International (CIX), Smith-Midland (SMID), Acme United (ACU), Caesarstone (CSTE), Babcock & Wilcox Enterprises (BW), Rectitude (RECT), and Mingteng International (MTEN). These companies are all part of the "construction materials" industry.
INNOVATE vs.
INNOVATE (NYSE:VATE) and Legacy Housing (NASDAQ:LEGH) are both small-cap multi-sector conglomerates companies, but which is the better business? We will contrast the two businesses based on the strength of their valuation, earnings, profitability, dividends, analyst recommendations, community ranking, risk, media sentiment and institutional ownership.
Legacy Housing has a net margin of 33.11% compared to INNOVATE's net margin of -2.22%. Legacy Housing's return on equity of 11.85% beat INNOVATE's return on equity.
Legacy Housing has a consensus target price of $30.33, suggesting a potential upside of 17.63%. Given Legacy Housing's stronger consensus rating and higher probable upside, analysts plainly believe Legacy Housing is more favorable than INNOVATE.
34.3% of INNOVATE shares are owned by institutional investors. Comparatively, 89.4% of Legacy Housing shares are owned by institutional investors. 55.2% of INNOVATE shares are owned by company insiders. Comparatively, 30.6% of Legacy Housing shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
In the previous week, INNOVATE had 1 more articles in the media than Legacy Housing. MarketBeat recorded 4 mentions for INNOVATE and 3 mentions for Legacy Housing. INNOVATE's average media sentiment score of 0.72 beat Legacy Housing's score of 0.37 indicating that INNOVATE is being referred to more favorably in the media.
Legacy Housing has lower revenue, but higher earnings than INNOVATE. INNOVATE is trading at a lower price-to-earnings ratio than Legacy Housing, indicating that it is currently the more affordable of the two stocks.
INNOVATE has a beta of 2.57, meaning that its stock price is 157% more volatile than the S&P 500. Comparatively, Legacy Housing has a beta of 1.09, meaning that its stock price is 9% more volatile than the S&P 500.
Legacy Housing received 93 more outperform votes than INNOVATE when rated by MarketBeat users.
Summary
Legacy Housing beats INNOVATE on 11 of the 16 factors compared between the two stocks.
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New MarketBeat Followers Over Time
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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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This page (NYSE:VATE) was last updated on 2/22/2025 by MarketBeat.com Staff
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