NYSE: VATE
Innovate Corp Stock

$8.20-0.38 (-4.43%)
Updated Mar 26, 2025
VATE Price
$8.20
Fair Value Price
N/A
Market Cap
$108.74M
52 Week Low
$3.25
52 Week High
$13.79
P/E
-2.36x
P/B
-0.67x
P/S
0.04x
PEG
N/A
Dividend Yield
N/A
Revenue
$1.23B
Earnings
-$27.30M
Gross Margin
18.1%
Operating Margin
4.22%
Profit Margin
-2.3%
Debt to Equity
-6.27
Operating Cash Flow
$29M
Beta
1.26
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

VATE Overview

INNOVATE Corp. offers industrial construction, structural steel, and facility maintenance services. The company fabricates trusses and girders, water pipes, water storage tanks, tunnel liners, pressure vessels, strainers, filters, separators, and related products. Further, the company develops products for osteoarthritis of the knee and aesthetic and medical technologies for the skin. It also operates over-the-air television stations and Azteca America, a Spanish-language broadcast network. Known as HC2 Holdings, Inc. until 2021/09, INNOVATE was incorporated in 1994 and is headquartered in New York, NY.

Zen Rating

Our proven quant model uses 115 proprietary factors, including AI, to determine VATE's potential to beat the market

CHold
  • Stocks with a Zen Rating of Hold (C) had an average return of +7.53% per year. Learn More

Zen Rating Component Grades

F
Zen Rating uses advanced AI algorithms that detect subtle patterns in market data; it anticipates future trends that point to superior stock price results.

Industry: Engineering & Construction

Industry Rating
A
VATE
Ranked
#39 of 44

Top Ranked Stocks in Industry

Name / TickerPriceZen Rating
$61.01A
$41.65A
$50.98A
View Top Engineering & Construction Stocks

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VATE News

Overview

Due Diligence Score

Industry Average (32)
You've viewed Due Diligence Score for 10/10 free stocks. Upgrade to Premium to see how VATE scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

VATE is unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
VATE is unprofitable, so we are unable to assess its PEG ratio
PEG Value Valuation
VATE's Earnings (EBIT) of $52.00M... subscribe to Premium to read more.
Interest Coverage Financials
There are 30 more VATE due diligence checks available for Premium users.

Valuation

VATE price to earnings (PE)

For valuing profitable companies with steady earnings

Company
-2.36x
Industry
26.37x
Market
31.65x

VATE price to book (PB)

For valuing companies that are loss-making or have lots of physical asset

Company
-0.67x
Industry
3.86x

VATE's financial health

Profit margin

Revenue
$242.2M
Net Income
-$15.0M
Profit Margin
-6.3%
VATE's Earnings (EBIT) of $52.00M... subscribe to Premium to read more.
Interest Coverage Financials
VATE's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$897.2M
Liabilities
$1.0B
Debt to equity
-6.27
VATE's short-term liabilities ($468.00M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
VATE's long-term liabilities ($554.50M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
VATE's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
VATE's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$28.4M
Investing
-$3.3M
Financing
$1.8M
VATE's operating cash flow ($28.90M)... subscribe to Premium to read more.
Debt Coverage Financials

VATE vs Engineering & Construction Stocks

TickerZen RatingMarket Cap1d %P/EP/B
VATEC$108.74M-4.43%-2.36x-0.67x
JUNE$120.56M+8.91%-120.65x17.31x
BLNKF$95.61M-6.44%-0.67x0.49x
SHIM$61.47M-0.61%-0.44x-1.78x
RITRC$163.60M-4.03%N/A7.05x

Innovate Stock FAQ

What is Innovate's quote symbol?

(NYSE: VATE) Innovate trades on the NYSE under the ticker symbol VATE. Innovate stock quotes can also be displayed as NYSE: VATE.

If you're new to stock investing, here's how to buy Innovate stock.

What is the 52 week high and low for Innovate (NYSE: VATE)?

(NYSE: VATE) Innovate's 52-week high was $13.79, and its 52-week low was $3.25. It is currently -40.54% from its 52-week high and 152.31% from its 52-week low.

How much is Innovate stock worth today?

(NYSE: VATE) Innovate currently has 13,261,379 outstanding shares. With Innovate stock trading at $8.20 per share, the total value of Innovate stock (market capitalization) is $108.74M.

Innovate stock was originally listed at a price of $40.00 in Jul 13, 2009. If you had invested in Innovate stock at $40.00, your return over the last 15 years would have been -79.5%, for an annualized return of -10.03% (not including any dividends or dividend reinvestments).

How much is Innovate's stock price per share?

(NYSE: VATE) Innovate stock price per share is $8.20 today (as of Mar 26, 2025).

What is Innovate's Market Cap?

(NYSE: VATE) Innovate's market cap is $108.74M, as of Mar 27, 2025.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Innovate's market cap is calculated by multiplying VATE's current stock price of $8.20 by VATE's total outstanding shares of 13,261,379.
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.