At the time of writing, InnovAge Holding Corp [INNV] stock is trading at $5.69, up 4.98%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The INNV shares have gain 42.61% over the last week, with a monthly amount drifted -1.90%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, JP Morgan downgraded its rating to Underweight on December 17, 2024, and kept the price target unchanged to $5. On October 11, 2024, KeyBanc Capital Markets initiated with a Sector Weight rating. Robert W. Baird downgraded its rating to a Neutral and decreased its price target to $5 on May 16, 2022. Piper Sandler downgraded its rating to a Underweight and raised its price target to $5 on April 20, 2022. In a note dated December 28, 2021, Goldman downgraded an Neutral rating on this stock and revised its target price from $15 to $4.
For the past year, the stock price of InnovAge Holding Corp fluctuated between $2.60 and $6.16. Currently, Wall Street analysts expect the stock to reach $6.8 within the next 12 months. InnovAge Holding Corp [NASDAQ: INNV] shares were valued at $5.69 at the most recent close of the market. An investor can expect a potential return of 19.51% based on the average INNV price forecast.
Analyzing the INNV fundamentals
According to InnovAge Holding Corp [NASDAQ:INNV], the company’s sales were 884.66M for trailing twelve months, which represents an 15.09% jump. Gross Profit Margin for this corporation currently stands at 0.62% with Operating Profit Margin at -0.02%, Pretax Profit Margin comes in at -0.02%, and Net Profit Margin reading is -0.02%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.07 and Total Capital is -0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.17.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 5.27 points at the first support level, and at 4.84 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.19, and for the 2nd resistance point, it is at 6.68.
Ratios To Look Out For
It is important to note that InnovAge Holding Corp [NASDAQ:INNV] has a current ratio of 1.17. In addition, the Quick Ratio stands at 1.17 and the Cash Ratio stands at 0.48. Considering the valuation of this stock, the price to sales ratio is 0.87, the price to book ratio is 3.15.
Transactions by insiders
Recent insider trading involved ZORETIC RICHARD C, Director, that happened on May 28 ’25 when 20000.0 shares were purchased. Director, ZORETIC RICHARD C completed a deal on May 29 ’25 to buy 14265.0 shares. Meanwhile, Director ZORETIC RICHARD C bought 8450.0 shares on May 30 ’25.
