Invacare Corporation (IVC)

NYSE: IVC · IEX Real-Time Price · USD
0.333
-0.017 (-4.94%)
Nov 29, 2022 3:13 PM EDT - Market open
-4.94%
Market Cap 13.21M
Revenue (ttm) 786.60M
Net Income (ttm) -78.56M
Shares Out 37.54M
EPS (ttm) -1.59
PE Ratio n/a
Forward PE 76.92
Dividend n/a
Ex-Dividend Date n/a
Volume 333,351
Open 0.351
Previous Close 0.35
Day's Range 0.33 - 0.385
52-Week Range 0.33 - 3.25
Beta 0.48
Analysts Buy
Price Target 3.33 (+900.9%)
Earnings Date Nov 8, 2022

About IVC

Invacare Corporation, together with its subsidiaries, designs, manufactures, distributes, and exports medical equipment for use in home health care, retail, and extended care markets worldwide. The company offers mobility and seating products, such as power wheelchairs under the Invacare TDX brand; custom manual wheelchairs under the Invacare, Invacare Top End, and Küschall brand names; and seating and positioning products under the Invacare brand, as well as custom molded seat modules under the PinDot brand. It also provides lifestyle product... [Read more]

Industry Health Care Equipment & Supplies
Founded 1885
CEO Matthew Monaghan
Employees 3,000
Stock Exchange NYSE
Ticker Symbol IVC
Full Company Profile

Financial Performance

In 2021, Invacare's revenue was $872.46 million, an increase of 2.56% compared to the previous year's $850.69 million. Losses were -$45.56 million, 61.1% more than in 2020.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for IVC stock is "Buy." The 12-month stock price forecast is 3.33, which is an increase of 900.90% from the latest price.

Price Target
$3.33
(900.90% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Invacare Appoints Geoff Purtill President and Chief Executive Officer

ELYRIA, Ohio--( BUSINESS WIRE )--Invacare Corporation (NYSE: IVC) announced today that its Board of Directors has named Geoffrey P. Purtill as President and Chief Executive Officer, roles that he has se...

1 week ago - Business Wire

Invacare (IVC) Reports Q3 Loss, Misses Revenue Estimates

Invacare (IVC) delivered earnings and revenue surprises of -45.95% and 13.93%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

3 weeks ago - Zacks Investment Research

Invacare Reports Results for Third Quarter 2022

ELYRIA, Ohio--(BUSINESS WIRE)--Invacare Corporation (NYSE: IVC) ("Invacare" or the "company") today reported results for the quarter ended September 30, 2022.

3 weeks ago - Business Wire

Invacare Corporation to Host Conference Call and Webcast to Discuss Third Quarter 2022 Financial Results

ELYRIA, Ohio--(BUSINESS WIRE)--Invacare Corporation (NYSE: IVC) (“Invacare” or the “company”) announces that it will release its financial results for the third quarter ended September 30, 2022, after t...

1 month ago - Business Wire

Invacare Corporation Announces Additional Draw of Term Loans and Exchange of Existing Convertible Notes

ELYRIA, Ohio--(BUSINESS WIRE)--Invacare Corporation (NYSE:IVC) (“Invacare” or the “company”) announced today the consummation of additional draws of an aggregate of $18,500,000 of term loans pursuant to...

1 month ago - Business Wire

Invacare Corporation Receives Notice of Noncompliance with NYSE Trading Share Price Listing Rule

ELYRIA, Ohio--(BUSINESS WIRE)--Invacare Corporation (NYSE: IVC) today announced that it received notice from the New York Stock Exchange (the “NYSE”) that the company is not in compliance with Section 8...

2 months ago - Business Wire

Invacare Corporation Announces Executive Leadership Changes

ELYRIA, Ohio--(BUSINESS WIRE)--Invacare Corporation (NYSE: IVC) today announced changes to its senior management team and Board of Directors to advance its previously announced business transformation i...

3 months ago - Business Wire

Invacare Corporation Announces Cooperation Agreement With Azurite Management

ELYRIA, Ohio--(BUSINESS WIRE)--Invacare Corporation (NYSE: IVC) today announced that it has entered into a cooperation agreement with its largest shareholder, Azurite Management LLC (“Azurite”), which c...

3 months ago - Business Wire

Invacare (IVC) Reports Q2 Loss, Lags Revenue Estimates

Invacare (IVC) delivered earnings and revenue surprises of -20.45% and 11.09%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Invacare Reports Results for Second Quarter 2022

ELYRIA, Ohio--(BUSINESS WIRE)--Invacare Corporation (NYSE: IVC) ("Invacare" or the "company") today reported results for the quarter ended June 30, 2022. Executive Summary Reflecting on the quarter, Mat...

3 months ago - Business Wire

Invacare Corporation Receives Multiple Awards for Outstanding Product from Mobility Management Magazine

ELYRIA, Ohio--(BUSINESS WIRE)--Invacare Corporation (“Invacare”) (NYSE: IVC), a leading manufacturer and distributor of medical equipment used in non-acute care settings, has been recognized by Mobility...

4 months ago - Business Wire

Invacare Corporation Announces New Secured Credit Facility of up to $104.5 Million and Convertible Debt Exchange Prov...

ELYRIA, Ohio--(BUSINESS WIRE)--Invacare Corporation (NYSE:IVC) (“Invacare” or the “company”) announced today that it completed a series of strategic capital market transactions that will enable the comp...

4 months ago - Business Wire

Invacare Corporation to Host Conference Call and Webcast to Discuss Second Quarter 2022 Financial Results

ELYRIA, Ohio--(BUSINESS WIRE)--Invacare Corporation (NYSE: IVC) (“Invacare” or the “company”) announces that it will release its financial results for the second quarter ended June 30, 2022, after the m...

4 months ago - Business Wire

Invacare Corporation to Participate in the 22nd Annual CJS Securities New Ideas Summer Conference

ELYRIA, Ohio--(BUSINESS WIRE)--Matt Monaghan, chairman, president and chief executive officer of Invacare Corporation (NYSE: IVC); Kathy Leneghan, senior vice president and chief financial officer; and ...

5 months ago - Business Wire

4 Stocks Under $2 Insiders Are Aggressively Buying: NEXGEL, eFFECTOR Therapeutics And More

U.S. crude oil futures traded higher by over 1% on Tuesday. Investors, meanwhile, focused on some notable insider trades.

Other symbols: EFTRNXGLTCON
5 months ago - Benzinga

Invacare Corporation to Present at the 12th Annual East Coast IDEAS Investor Conference

ELYRIA, Ohio--(BUSINESS WIRE)--Invacare Corporation (NYSE: IVC), a leading manufacturer and distributor of medical equipment used in non-acute care settings, today announced that Matt Monaghan, chairman...

5 months ago - Business Wire

Invacare Introduces the Birdie™ Evo XPLUS Patient Lift to the U.S. Market

ELYRIA, Ohio--(BUSINESS WIRE)--Invacare Corporation (NYSE: IVC) announced the U.S. introduction of its Birdie™ Evo XPLUS, an innovative patient lift solution for the post-acute care setting. With its sl...

6 months ago - Business Wire

Invacare (IVC) Reports Q1 Loss, Tops Revenue Estimates

Invacare (IVC) delivered earnings and revenue surprises of -60.47% and 2.37%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

Invacare Reports Results for First Quarter 2022

ELYRIA, Ohio--(BUSINESS WIRE)--Invacare Corporation (NYSE: IVC) ("Invacare" or the "company") today reported results for the quarter ended March 31, 2022. Executive Summary Reflecting on the quarter, Ma...

6 months ago - Business Wire

Invacare Corporation to Host Conference Call and Webcast to Discuss First Quarter 2022 Financial Results

ELYRIA, Ohio--(BUSINESS WIRE)--Invacare Corporation (NYSE: IVC) (“Invacare” or the “company”) announces that it will release its financial results for the first quarter ended March 31, 2022, after the m...

7 months ago - Business Wire

Invacare Corporation Appoints Aron I. Schwartz to Board of Directors

ELYRIA, Ohio--(BUSINESS WIRE)--Invacare Corporation (NYSE: IVC) today announced the appointment of Aron I. Schwartz, age 51, to its Board of Directors, effective March 21, 2022. Mr. Schwartz currently s...

8 months ago - Business Wire

Invacare (IVC) Q4 Earnings Top Estimates

Invacare (IVC) delivered earnings and revenue surprises of 300% and 6.20%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

8 months ago - Zacks Investment Research

Invacare Corporation Announces Financial Results for the Fourth Quarter and Full Year Ended December 31, 2021

ELYRIA, Ohio--(BUSINESS WIRE)--Invacare Corporation (NYSE: IVC) ("Invacare" or the "company") today announced its financial results for the fourth quarter and year ended December 31, 2021. Executive Sum...

8 months ago - Business Wire

Invacare Corporation to Participate at March Conferences

ELYRIA, Ohio--(BUSINESS WIRE)--Invacare Corporation (NYSE: IVC) a leading manufacturer and distributor of medical equipment used in non-acute care settings, announces its conference schedule for March 2...

8 months ago - Business Wire

Invacare Corporation to Host Conference Call and Webcast to Discuss Fourth Quarter and Full Year 2021 Financial Results

ELYRIA, Ohio--(BUSINESS WIRE)--Invacare Corporation (NYSE: IVC) (“Invacare” or the “company”) announces that it will release its financial results for the fourth quarter and year ended December 31, 2021...

9 months ago - Business Wire