VATE vs. GEG, LIVE, SRL, FGF, ALPP, LRHC, STRR, PAVS, JTAI, and HAPP
Should you be buying INNOVATE stock or one of its competitors? The main competitors of INNOVATE include Great Elm Group (GEG), Live Ventures (LIVE), Scully Royalty (SRL), Fundamental Global (FGF), Alpine 4 (ALPP), La Rosa (LRHC), Star Equity (STRR), Paranovus Entertainment Technology (PAVS), Jet.AI (JTAI), and Happiness Development Group (HAPP). These companies are all part of the "multi-sector conglomerates" sector.
INNOVATE (NYSE:VATE) and Great Elm Group (NASDAQ:GEG) are both small-cap multi-sector conglomerates companies, but which is the superior business? We will compare the two businesses based on the strength of their community ranking, institutional ownership, dividends, media sentiment, valuation, analyst recommendations, profitability, earnings and risk.
INNOVATE has a net margin of -3.07% compared to Great Elm Group's net margin of -48.75%. INNOVATE's return on equity of 0.00% beat Great Elm Group's return on equity.
INNOVATE and Great Elm Group both received 0 outperform votes by MarketBeat users.
Great Elm Group has lower revenue, but higher earnings than INNOVATE.
In the previous week, INNOVATE had 6 more articles in the media than Great Elm Group. MarketBeat recorded 7 mentions for INNOVATE and 1 mentions for Great Elm Group. Great Elm Group's average media sentiment score of 1.48 beat INNOVATE's score of 0.79 indicating that Great Elm Group is being referred to more favorably in the news media.
INNOVATE has a beta of 2.41, meaning that its share price is 141% more volatile than the S&P 500. Comparatively, Great Elm Group has a beta of 1.11, meaning that its share price is 11% more volatile than the S&P 500.
34.3% of INNOVATE shares are held by institutional investors. Comparatively, 52.8% of Great Elm Group shares are held by institutional investors. 32.3% of INNOVATE shares are held by company insiders. Comparatively, 43.4% of Great Elm Group shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Summary
Great Elm Group beats INNOVATE on 6 of the 11 factors compared between the two stocks.
This chart shows the number of new MarketBeat users adding VATE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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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