Stock Scorecard



Stock Summary for Innovate Corp (VATE) - $0.70 as of 3/28/2024 10:12:24 PM EST

Total Score

10 out of 29

Currently on the following lists
None
Tim's Recommendation
Avoid

Growth List Algorithm Criteria for VATE

Positive earnings growth
P/E ratio less than Industry P/E Ratio
P/E ratio less than Sector P/E Ratio
P/E ratio that is half the growth rate (or less)
Positive net cash position the past year and most recent quarter
Equity to debt ratio greater than 0.75 for past year and most recent quarter
Positive net income past year and 12 trailing months
Free cash flow ratio greater than 0 and less than 10

Small Cap List Algorithm Criteria for VATE

Revenue growing by at least 20% average per year over the last 5 years
Market Capitalization under 2 billion
Price to Sales (P/S) ratio 12 trailing months less than Industry P/S ratio twelve trailing months
Price to Sales (P/S) ratio 12 trailing months less than Sector P/S ratio twelve trailing months
Net Income past year > Net Income prior year OR Net Income 12 trailing months > Net Income prior year OR Net Income 12 trailing months > Net Income past year

Dividend List Algorithm Criteria for VATE

Declared an ex-dividend date
Forward annual dividend rate greater than 2
Positive net cash position the past year and most recent quarter
Equity to debt ratio greater than 0.75 for past year and most recent quarter
Current ratio most recent quarter greater than 2

Bonus Criteria for VATE

P/E ratio less than five-year Average P/E ratio
Last Price to 52 Week Low Ratio Less Than 1
Total Cash Per Share > Last Day Price
P/S Ratio < 1
P/B Ratio < 1

Latest News for for VATE

INNOVATE Corp. Announces Extension of Rights Offering Subscription Period 3/25/2024 8:35:00 PM
DBM Global's Banker Steel Tops Out JFK's New Terminal One Headhouse - Innovate ( NYSE:VATE ) , DBM Global ( OTC:DBMG ) 3/21/2024 8:39:00 PM
INNOVATE Corp. Announces Commencement of Rights Offering 3/8/2024 2:00:00 PM
INNOVATE Corp. Announces Rights Offering Pricing 3/6/2024 1:00:00 PM
INNOVATE Corp. Announces Fourth Quarter and Full Year 2023 Results - Innovate ( NYSE:VATE ) 3/4/2024 9:05:00 PM
INNOVATE Corp. Announces Fourth Quarter and Full Year 2023 Results 3/4/2024 9:05:00 PM
INNOVATE Corp. to Report Fourth Quarter and Full Year 2023 Results on March 4th - Innovate ( NYSE:VATE ) 2/12/2024 9:05:00 PM
INNOVATE Corp. to Report Fourth Quarter and Full Year 2023 Results on March 4th 2/12/2024 9:05:00 PM
DBM Global Companies -- Banker Steel and NYC Constructors -- Celebrate the "Topping Out" at the New JPMorgan Chase Headquarters - Innovate ( NYSE:VATE ) , DBM Global ( OTC:DBMG ) 11/21/2023 9:41:00 PM
INNOVATE Corp. to Report Third Quarter 2023 Results on November 9th 10/30/2023 12:00:00 PM

Financial Details for VATE

Company Overview

Ticker VATE
Company Name Innovate Corp
Country USA
Description INNOVAR Corp. The company is headquartered in New York, New York.
Sector Name TECHNOLOGY
Industry Name TELEPHONE COMMUNICATIONS (NO RADIOTELEPHONE)
Most Recent Quarter 12/31/2023
Next Earnings Date 5/8/2024

Stock Price History

Last Day Price 0.70
Last Day Price Updated 3/28/2024 10:12:24 PM EST
Last Day Volume 174,052
Average Daily Volume 313,881
52-Week High 3.10
52-Week Low 0.57
Last Price to 52 Week Low 22.81%

Valuation Measures

Trailing PE N/A
Industry PE 33.92
Sector PE 79.74
5-Year Average PE -2.83
Free Cash Flow Ratio 0.69
Industry Free Cash Flow Ratio 25.29
Sector Free Cash Flow Ratio 28.66
Current Ratio Most Recent Quarter 1.25
Total Cash Per Share 1.02
Book Value Per Share Most Recent Quarter -2.09
Price to Book Ratio 0.74
Industry Price to Book Ratio 1.99
Sector Price to Book Ratio 15.04
Price to Sales Ratio Twelve Trailing Months 0.04
Industry Price to Sales Ratio Twelve Trailing Months 11.69
Sector Price to Sales Ratio Twelve Trailing Months 5.31

Share Statistics

Total Shares Outstanding 79,235,000
Market Capitalization 55,464,500
Institutional Ownership N/A

Dividends

Ex-Dividend Date 8/28/2013
Last Dividend Amount 0.50
Current Dividend Amount 8.49
Dividend Aristocrat? False
Trailing Annual Dividend Rate 0.00
Trailing Annual Dividend Yield 0.00%
Forward Annual Dividend Rate 0.00
Forward Annual Dividend Yield 0.00%
5-Year Dividend Payments Count 0
3-Year Average Dividend Yield 0.00%
5-Year Average Dividend Yield 0.00%
1-Year Dividend Growth Rate Percentage 112.50%
3-Year Dividend Growth Rate Percentage 112.50%
5-Year Dividend Growth Rate Percentage 112.50%
All-Time Dividend Growth Rate Percentage 112.50%
Dividend Payout Ratio 0.00%

Income Statement

Quarterly Earnings Growth YOY 0.00%
Annual Earnings Growth 1.95%
Reported EPS 12 Trailing Months -0.48
Reported EPS Past Year -0.47
Reported EPS Prior Year -0.54
Net Income Twelve Trailing Months -35,200,000
Net Income Past Year -35,200,000
Net Income Prior Year -35,900,000
Quarterly Revenue Growth YOY -11.80%
5-Year Revenue Growth -6.36%

Balance Sheet

Total Cash Most Recent Quarter 80,800,000
Total Cash Past Year 80,800,000
Total Cash Prior Year 80,400,000
Net Cash Position Most Recent Quarter -761,400,000
Net Cash Position Past Year -761,400,000
Long Term Debt Past Year 842,200,000
Long Term Debt Prior Year 850,100,000
Total Debt Most Recent Quarter 842,200,000
Equity to Debt Ratio Past Year -0.24
Equity to Debt Ratio Most Recent Quarter -0.24
Total Stockholder Equity Past Year -165,500,000
Total Stockholder Equity Prior Year -121,300,000
Total Stockholder Equity Most Recent Quarter -165,500,000

Options

Put/Call Ratio 0.00
Has Options Options Chain
Liquidity Rating None

Technical Analysis

Yahoo Finance Chart Yahoo Finance Chart
MACD -0.07
MACD Signal -0.06
20-Day Bollinger Lower Band 0.67
20-Day Bollinger Middle Band 0.99
20-Day Bollinger Upper Band 1.31
Beta 2.11
RSI 38.87
50-Day SMA 1.49
200-Day SMA 2.62

System

Modified 3/27/2024 9:38:33 AM EST