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