INNV

InnovAge Holding Corp. (INNV)
Healthcare • Medical Care Facilities • $10.75 • MCap: 1,459,166,336 🌐
https://www.innovage.com • InnovAge Holding Corp. manages and provides a range of medical and ancillary services for seniors in need of care and support to live independently in its homes and communities. It manages its business through Program of All-Inclusive Care for the Elderly (PACE) approach. The company also offers in-home care services consisting of skilled, unskilled, and personal care; in-center services, such as primary care, physical therapy, occupational therapy, speech therapy, dental services, mental health and psychiatric services, meals, and activities; transportation to and from the PACE center and third-party medical appointments; and care management. It serves participants in the United States; and operates PACE centers in Colorado, California, New Mexico, Pennsylvania, Florida, and Virginia. The company was formerly known as TCO Group Holdings, Inc. and changed its name to InnovAge Holding Corp. in January 2021. InnovAge Holding Corp. was founded in 1989 and is headquartered in Denver, Colorado.
Buy Decision Core
Total Score
41
Business Quality
10
Financial Strength
11
Growth Outlook
1
Momentum
3
Price Action
Current
10.75
52W High
12.11
52W Low
3.79
Above 50DMA
11.22 (-4.17%)
Above 200DMA
8.25 (30.26%)
Relative Strength
Relative Strength
0.76
RS 3M
0.47
RS 6M
0.2
RS 9M
1.12
RS 12M
1.52
Fundamentals
Revenue Growth
0.16%
Earnings Growth
0%
ROE
-0.06%
ROA
0.01%
Valuation
PE (Fwd)
26.22
PEG
0
P/B
6.37
Upside
-6.98%
Risk
Beta
0.39
Short %
0.04
Risk Score
7.00
Analyst
Rating
hold
Target
10.00
Beta
0.39
Analysts
0


Total Score
41
Upside
-6.98%
Relative Strength
0.76
Beta
0.39
Why Buy?
  • PEG Ratio below 1 (attractive valuation)
  • Trading above 200 DMA
Key Risks
  • Negative ROE
Score Breakdown
Business
10
Financial
11
Growth
1
Valuation
9
Risk
3
Momentum
3
Technical
52W High: 12.11
52W Low: 3.79
Above 50DMA: -4.17%
Above 200DMA: 30.26%
Valuation
Forward PE: 26.22
PEG: 0
P/B: 6.37
Upside: -6.98%
Risk
Beta: 0.39
Short Float: 0.04%
ROE: -0.06%
ROA: 0.01%