INNOVATE (VATE) Competitors

$0.66
0.00 (0.00%)
(As of 05/10/2024 ET)

VATE vs. GEG, LIVE, FGF, SRL, LRHC, ALPP, STRR, PAVS, JTAI, and HAPP

Should you be buying INNOVATE stock or one of its competitors? The main competitors of INNOVATE include Great Elm Group (GEG), Live Ventures (LIVE), Fundamental Global (FGF), Scully Royalty (SRL), La Rosa (LRHC), Alpine 4 (ALPP), Star Equity (STRR), Paranovus Entertainment Technology (PAVS), Jet.AI (JTAI), and Happiness Development Group (HAPP). These companies are all part of the "multi-sector conglomerates" sector.

INNOVATE vs.

Great Elm Group (NASDAQ:GEG) and INNOVATE (NYSE:VATE) are both small-cap multi-sector conglomerates companies, but which is the superior business? We will compare the two companies based on the strength of their analyst recommendations, community ranking, profitability, institutional ownership, valuation, dividends, risk, media sentiment and earnings.

Great Elm Group has a beta of 1.11, indicating that its share price is 11% more volatile than the S&P 500. Comparatively, INNOVATE has a beta of 2.41, indicating that its share price is 141% more volatile than the S&P 500.

Great Elm Group has higher earnings, but lower revenue than INNOVATE.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Great Elm Group$11.05M5.45$27.73MN/AN/A
INNOVATE$1.42B0.04-$35.20M-$0.56-1.17

In the previous week, INNOVATE had 11 more articles in the media than Great Elm Group. MarketBeat recorded 20 mentions for INNOVATE and 9 mentions for Great Elm Group. INNOVATE's average media sentiment score of 1.15 beat Great Elm Group's score of 0.68 indicating that Great Elm Group is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Great Elm Group
4 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
INNOVATE
4 Very Positive mention(s)
7 Positive mention(s)
8 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Great Elm Group
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
INNOVATE
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

INNOVATE has a net margin of -3.07% compared to INNOVATE's net margin of -48.75%. Great Elm Group's return on equity of 0.00% beat INNOVATE's return on equity.

Company Net Margins Return on Equity Return on Assets
Great Elm Group-48.75% -8.39% -4.12%
INNOVATE -3.07%N/A -4.19%

Great Elm Group and INNOVATE both received 0 outperform votes by MarketBeat users.

CompanyUnderperformOutperform
Great Elm GroupOutperform Votes
No Votes
Underperform Votes
2
100.00%
INNOVATEN/AN/A

52.8% of Great Elm Group shares are held by institutional investors. Comparatively, 34.3% of INNOVATE shares are held by institutional investors. 43.4% of Great Elm Group shares are held by company insiders. Comparatively, 32.3% of INNOVATE shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Summary

Great Elm Group beats INNOVATE on 6 of the 11 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding VATE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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VATE vs. The Competition

MetricINNOVATEFabricated structural metal products IndustryMulti-Sector SectorNYSE Exchange
Market Cap$55.97M$1.51B$14.14B$17.98B
Dividend YieldN/A0.59%3.89%3.46%
P/E Ratio-1.1721.167.1525.17
Price / Sales0.041.0114.6910.41
Price / Cash6.7313.3311.6718.08
Price / Book-0.321.832.216.05
Net Income-$35.20M$39.34M$834.83M$967.12M
7 Day Performance-22.41%-3.34%0.10%1.48%
1 Month Performance-1.20%1.42%1.17%0.92%
1 Year Performance-61.80%-4.11%0.14%122.16%

INNOVATE Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GEG
Great Elm Group
2.4557 of 5 stars
$1.86
flat
N/A-3.6%$58.83M$8.66M0.0024Short Interest ↓
News Coverage
Gap Up
LIVE
Live Ventures
0 of 5 stars
$25.40
-0.4%
N/A-6.7%$80.26M$355.17M-29.531,751Upcoming Earnings
Short Interest ↓
FGF
Fundamental Global
0 of 5 stars
$1.31
flat
N/A-46.1%$37.17M$26.84M6.90174Short Interest ↑
Gap Up
High Trading Volume
SRL
Scully Royalty
0 of 5 stars
$6.00
-4.3%
N/A-22.6%$88.92M$40.70M0.0071Short Interest ↑
News Coverage
LRHC
La Rosa
0 of 5 stars
$1.49
-10.2%
N/AN/A$21.31M$31.76M0.0021Short Interest ↑
ALPP
Alpine 4
0 of 5 stars
$0.79
+5.3%
N/A-67.7%$21.18M$104.56M-0.98495Short Interest ↓
Positive News
STRR
Star Equity
1.2658 of 5 stars
$0.90
-2.2%
N/A+2.8%$14.27M$45.78M0.61171News Coverage
Positive News
PAVS
Paranovus Entertainment Technology
0 of 5 stars
$1.06
-5.4%
N/A-66.6%$9.34M$87.57M0.0080Short Interest ↓
Gap Down
JTAI
Jet.AI
0 of 5 stars
$0.70
-7.9%
N/AN/A$9.18M$12.21M10.579Short Interest ↓
News Coverage
Gap Up
HAPP
Happiness Development Group
0 of 5 stars
$1.06
-5.4%
N/A-66.6%$7.37M$95.59M2.21215Gap Down

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This page (NYSE:VATE) was last updated on 5/12/2024 by MarketBeat.com Staff

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