Innovate Corp VATE

Morningstar Rating
$6.99 −0.23 (3.19%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

VATE is trading at a LOCK|>^M#Y! premium.
Price
$6.99
Fair Value
LOCK|>%<&&@
Uncertainty
LOCK|%& HXtg
1-Star Price
LOCK|s&LtJRd
5-Star Price
LOCK|?dRK?!
Economic Moat
LOCK|SJ>
Capital Allocation
—

Trading Information

Previous Close Price
$7.22
Day Range
$6.92–7.16
52-Week Range
$3.75–21.30
Bid/Ask
$6.60 / $7.35
Shares Outstanding
13.64M
Market Cap
$95.36M
Volume/Avg
44,529 / 372,863

Key Statistics

Price/Earnings (Normalized)
—
Price/Sales
0.06
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Dividend Payment Schedule
—
Total Yield
—

Company Profile

Innovate Corp is a diversified holding company that has a portfolio of subsidiaries in a variety of operating segments. Its segments include Infrastructure, Life Sciences and Spectrum, and Other segment. Through its subsidiaries it provides fully integrated structural and steel construction services; supports healthcare and biotechnology product development; and operates Over-The-Air (OTA) broadcasting stations across the United States (U.S.) including Puerto Rico.
Sector
Industrials
Industry
Engineering & Construction
Stock Style Box
Small Value
Total Number of Employees
3,738

Valuation

Metric
VATE
Price/Earnings (Normalized)
—
Price/Book Value
—
Price/Sales
0.06
Price/Cash Flow
4.83
Price/Earnings
VATE

Financial Strength

Metric
VATE
Quick Ratio
0.39
Current Ratio
0.44
Interest Coverage
0.84
Quick Ratio
VATE

Profitability

Metric
VATE
Return on Assets (Normalized)
−3.69%
Return on Equity (Normalized)
—
Return on Invested Capital (Normalized)
8.67%
Return on Assets
VATE

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