InnovAge Holding Corp. (INNV)

NASDAQ: INNV · IEX Real-Time Price · USD
7.19
+0.06 (0.84%)
Mar 29, 2023, 4:00 PM EDT - Market closed
0.84%
Market Cap 974.94M
Revenue (ttm) 688.89M
Net Income (ttm) -38.40M
Shares Out 135.60M
EPS (ttm) -0.29
PE Ratio n/a
Forward PE 13.66
Dividend n/a
Ex-Dividend Date n/a
Volume 19,106
Open 7.13
Previous Close 7.13
Day's Range 6.63 - 7.39
52-Week Range 3.39 - 8.03
Beta -0.02
Analysts Sell
Price Target 8.67 (+20.58%)
Earnings Date May 9, 2023

About INNV

InnovAge Holding Corp. manages and provides a range of medical and ancillary services for seniors in need of care and support to live independently in their homes and communities. It manages its business through Program of All-Inclusive Care for the Elderly (PACE) approach. The company offers in-home care services consisting of skilled, unskilled, and personal care; in-center services, such as primary care, physical therapy, occupational therapy, speech therapy, dental services, mental health and psychiatric services, meals, and activities; tra... [Read more]

Sector Healthcare
IPO Date Mar 4, 2021
Employees 2,000
Stock Exchange NASDAQ
Ticker Symbol INNV
Full Company Profile

Financial Performance

In 2022, INNV's revenue was $698.64 million, an increase of 9.54% compared to the previous year's $637.80 million. Losses were -$6.52 million, -85.17% less than in 2021.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for INNV stock is "Sell." The 12-month stock price forecast is $8.67, which is an increase of 20.58% from the latest price.

Price Target
$8.67
(20.58% upside)
Analyst Consensus: Sell
Stock Forecasts

News

3 Medical Services Stocks to Buy Amid Industry Challenges

The Zacks Medical - Services industry is growing on digital healthcare adoption. EMBC, INNV and OCX are set to gain the most.

Other symbols: EMBCOCX
2 weeks ago - Zacks Investment Research

InnovAge Holding Corp. (INNV) Loses -7.59% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

The heavy selling pressure might have exhausted for InnovAge Holding Corp. (INNV) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Str...

2 weeks ago - Zacks Investment Research

InnovAge Names Christine Bent as Chief Operations Officer

DENVER, March 01, 2023 (GLOBE NEWSWIRE) -- Today, InnovAge Holding Corp. (“InnovAge”) (Nasdaq: INNV), an industry leader in providing comprehensive healthcare programs to frail dual-eligible seniors t...

1 month ago - GlobeNewsWire

InnovAge Holding Corp. (INNV) Reports Q2 Loss, Lags Revenue Estimates

InnovAge Holding Corp. (INNV) delivered earnings and revenue surprises of 36.36% and 1.62%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stoc...

1 month ago - Zacks Investment Research

InnovAge Announces Financial Results for the Fiscal Second Quarter Ended December 31, 2022

DENVER, Feb. 07, 2023 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (the “Company” or “InnovAge”) (Nasdaq: INNV), a market leading healthcare delivery platform for high-cost, dual-eligible seniors, annou...

1 month ago - GlobeNewsWire

InnovAge to Announce Fiscal Second Quarter 2023 Financial Results and Host Conference Call Tuesday, February 7, 2023

DENVER, Jan. 24, 2023 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (“InnovAge”) (Nasdaq: INNV) will release its 2023 fiscal second quarter financial results on Tuesday, February 7, 2023, after market cl...

2 months ago - GlobeNewsWire

State and Federal Regulators Lift Sanctions at InnovAge's Colorado PACE Centers

DENVER, Jan. 23, 2023 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (the “Company” or “InnovAge”) (Nasdaq: INNV), a market leading healthcare provider and payer for high-cost, dual-eligible seniors, anno...

2 months ago - GlobeNewsWire

InnovAge Announces Participation at the 41st Annual J.P. Morgan Healthcare Conference

DENVER, Jan. 05, 2023 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (the “Company” or “InnovAge”) (Nasdaq: INNV), a market leading healthcare delivery platform for high-cost, dual-eligible seniors, annou...

2 months ago - GlobeNewsWire

InnovAge Announces Release of CMS Sanction in Sacramento Center

DENVER, Nov. 22, 2022 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (the “Company” or “InnovAge”) (Nasdaq: INNV), a market leading healthcare delivery platform for high-cost, dual-eligible seniors, annou...

4 months ago - GlobeNewsWire

InnovAge Holding Corp. (INNV) Reports Q1 Loss, Lags Revenue Estimates

InnovAge Holding Corp. (INNV) delivered earnings and revenue surprises of -150% and 1.05%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stoc...

5 months ago - Zacks Investment Research

InnovAge Announces Financial Results for the Fiscal First Quarter Ended September 30, 2022

DENVER, Nov. 08, 2022 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (the “Company” or “InnovAge”) (Nasdaq: INNV), a market leading healthcare delivery platform for high-cost, dual-eligible seniors, annou...

5 months ago - GlobeNewsWire

Earnings Preview: InnovAge Holding Corp. (INNV) Q1 Earnings Expected to Decline

InnovAge Holding Corp. (INNV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

5 months ago - Zacks Investment Research

InnovAge to Announce Fiscal First Quarter 2023 Financial Results and Host Conference Call Tuesday, November 8, 2022

DENVER, Oct. 25, 2022 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (“InnovAge”) (Nasdaq: INNV) will release its 2023 fiscal first quarter financial results on Tuesday, November 8, 2022, after market clo...

5 months ago - GlobeNewsWire

4 Toxic Stocks That May Risk Your Peace and Prosperity

Stocks like INVV, SPR, TNDM and HCI could prove hazardous for your portfolio. So, it's best to dump these toxic stocks, especially amid the prevailing market mayhem.

Other symbols: HCISPRTNDM
6 months ago - Zacks Investment Research

InnovAge Holding Corp. (INNV) Reports Q4 Loss, Lags Revenue Estimates

InnovAge Holding Corp. (INNV) delivered earnings and revenue surprises of -200% and 0.74%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

7 months ago - Zacks Investment Research

InnovAge Announces Financial Results for the Fiscal Year and Fourth Quarter Ended June 30, 2022

DENVER, Sept. 13, 2022 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (the “Company” or “InnovAge”) (Nasdaq: INNV), a market leading healthcare delivery platform for high-cost, dual-eligible seniors, anno...

7 months ago - GlobeNewsWire

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating InnovAge Holding Corp.

Wilmington, Delaware--(Newsfile Corp. - September 6, 2022) - Rigrodsky Law, P.A. is investigating potential claims against the officers and directors of InnovAge Holding Corp. (NASDAQ: INNV) on behalf...

7 months ago - Newsfile Corp

InnovAge to Announce Fiscal Fourth Quarter 2022 Financial Results and Host Conference Call Tuesday, September 13, 2022

DENVER, Sept. 02, 2022 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (“InnovAge”) (Nasdaq: INNV) will release its 2022 fiscal fourth quarter financial results on Tuesday, September 13, 2022, after market...

7 months ago - GlobeNewsWire

InnovAge Names Kathy Andreasen its Chief People Officer

DENVER, Aug. 29, 2022 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (“InnovAge”) (Nasdaq: INNV), an industry leader in providing comprehensive healthcare programs to frail dual-eligible seniors through t...

7 months ago - GlobeNewsWire

InnovAge Names Richard Feifer, MD, MPH, as Chief Medical Officer

DENVER, Aug. 17, 2022 (GLOBE NEWSWIRE) -- Today, InnovAge Holding Corp. (“InnovAge”) (Nasdaq: INNV), an industry leader in providing comprehensive healthcare programs to frail dual-eligible seniors th...

8 months ago - GlobeNewsWire

InnovAge Appoints James Carlson to the Board as Non-Executive Chairman

DENVER, June 30, 2022 (GLOBE NEWSWIRE) -- InnovAge (NASDAQ: INNV), today announced the appointment of experienced health care executive James (“Jim”) Carlson to its Board of Directors, effective June ...

9 months ago - GlobeNewsWire

INNV SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of InnovAge Holding Corp. and Encourages Current INNV Stockholders to Contact the Firm

Philadelphia, Pennsylvania--(Newsfile Corp. - May 28, 2022) - Kaskela Law LLC announces that it is investigating InnovAge Holding Corp. (NASDAQ: INNV) ("InnovAge" or the "Company") on behalf of the Co...

10 months ago - Newsfile Corp

LogicMark, Inc. Appoints Barbara Gutierrez to Board of Directors

LOUISVILLE, Ky. , May 24, 2022 /PRNewswire/ -- LogicMark, Inc. (Nasdaq: LGMK) (the "Company" or "LogicMark") (formerly Nxt-ID, Inc.), a provider of personal emergency response systems (PERS), health c...

Other symbols: LGMK
11 months ago - PRNewsWire

Detoxify Your Holdings by Steering Clear of These 4 Stocks

Getting rid of fundamentally weak toxic stocks is important to shield your portfolio from losses. MSGE, MTLS, INNV and LGND are a few toxic stocks according to our model that you should dump now.

Other symbols: LGNDMSGEMTLS
11 months ago - Zacks Investment Research

SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of InnovAge Holding Corp. and Encourages Long-Term Investors to Contact the Firm - INNV

PHILADELPHIA , May 11, 2022 /PRNewswire/ -- Investor protection law firm Kaskela Law LLC announces that it is investigating InnovAge Holding Corp. (NASDAQ: INNV) ("InnovAge" or the "Company") on behal...

11 months ago - PRNewsWire