Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
- Analyst Ratings
Upturn AI SWOT - About
Innovate Corp (VATE)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
04/01/2025: VATE (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type Stock | Historic Profit 16.19% | Avg. Invested days 28 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 108.21M USD | Price to earnings Ratio - | 1Y Target Price - |
Price to earnings Ratio - | 1Y Target Price - | ||
Volume (30-day avg) 85507 | Beta 2.52 | 52 Weeks Range 3.25 - 13.79 | Updated Date 04/1/2025 |
52 Weeks Range 3.25 - 13.79 | Updated Date 04/1/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -3.08 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2025-03-03 | When After Market | Estimate - | Actual - |
Profitability
Profit Margin -2.22% | Operating Margin (TTM) 2.44% |
Management Effectiveness
Return on Assets (TTM) 3.4% | Return on Equity (TTM) -19.13% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 800536597 | Price to Sales(TTM) 0.09 |
Enterprise Value 800536597 | Price to Sales(TTM) 0.09 | ||
Enterprise Value to Revenue 0.65 | Enterprise Value to EBITDA 10.08 | Shares Outstanding 13261400 | Shares Floating 3810392 |
Shares Outstanding 13261400 | Shares Floating 3810392 | ||
Percent Insiders 59.65 | Percent Institutions 21.31 |
Analyst Ratings
Rating - | Target Price - | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Innovate Corp
Company Overview
History and Background
Innovate Corp, formerly known as HC2 Holdings, is a diversified holding company. It was founded in 1993. The company has evolved through various acquisitions and strategic shifts, focusing on infrastructure, life sciences, and telecom.
Core Business Areas
- Infrastructure: Includes infrastructure services, primarily through DBM Global Inc.
- Life Sciences: Focuses on biotechnology and related sectors.
- Telecom: Engaged in providing wireless broadband services.
Leadership and Structure
The leadership team consists of a board of directors and executive officers. The organizational structure is a holding company model, with subsidiaries operating independently.
Top Products and Market Share
Key Offerings
- DBM Global: DBM Global provides steel construction services including fabrication and erection services. While specific market share data is not publicly available, it competes with major steel construction firms. Competitors include companies in the American Institute of Steel Construction (AISC).
- Pansend Life Sciences: Pansend pursues emerging technologies and businesses with significant commercial potential. This does not represent a specific 'product' but rather investment in various emerging technologies. Competitors are venture capital and private equity firms investing in the same space. Market share is not applicable.
Market Dynamics
Industry Overview
The industries in which Innovate Corp operates are highly competitive and subject to market fluctuations. The steel construction industry is driven by infrastructure spending and construction activity. Life sciences is driven by research and development and technological advancements. Telecom depends on the deployment and demand of broadband services.
Positioning
Innovate Corp aims to position itself as a diversified holding company with exposure to high-growth sectors, leveraging the operational expertise of its subsidiaries. Competitive advantages are in acquiring companies and improving operations of the entities it owns
Total Addressable Market (TAM)
TAM across their segments is vast; infrastructure spending alone is multiple billions. Innovate Corp aims for selective participation in target niches within these large markets.
Upturn SWOT Analysis
Strengths
- Diversified business model
- Experienced management team
- Exposure to high-growth sectors
Weaknesses
- High debt levels
- Dependence on subsidiary performance
- Complex organizational structure
Opportunities
- Infrastructure spending
- Technological advancements in telecom
- Growth in emerging biotechnology
Threats
- Economic downturns
- Increased competition
- Regulatory changes
Competitors and Market Share
Key Competitors
- CMC
- TKR
- JBT
Competitive Landscape
Innovate Corp faces competition from larger, more established players in its various sectors. Its ability to innovate and execute strategic initiatives is crucial for maintaining a competitive edge.
Major Acquisitions
Pansend Life Sciences
- Year: 2016
- Acquisition Price (USD millions): 50
- Strategic Rationale: Focused on expanding into biotech and healthcare sectors.
Growth Trajectory and Initiatives
Historical Growth: Historical growth is dependent on the performance of acquired and developed subsidiaries. Growth trends can be volatile.
Future Projections: Future growth projections would come from external analyst forecasts and require accurate estimates. The company generally provides some guidance but it varies year by year
Recent Initiatives: Recent strategic initiatives include acquisitions and divestitures to optimize the portfolio.
Summary
Innovate Corp is a diversified holding company with interests in infrastructure, life sciences, and telecom. Its performance is tied to its subsidiaries and strategic acquisitions. While its diversification provides some stability, high debt and industry competition pose challenges. Strategic initiatives are needed to drive growth and improve shareholder value. Financial analysis would allow for a more definitive assessment.
Similar Companies
CMC
Commercial Metals Company
CMC
Commercial Metals Company
JBT
John Bean Technologies Corporation
JBT
John Bean Technologies Corporation
PRIM
Primoris Services Corporation
PRIM
Primoris Services Corporation
TKR
Timken Company
TKR
Timken Company
Sources and Disclaimers
Data Sources:
- SEC Filings
- Company Investor Relations
- Industry Reports
Disclaimers:
This analysis is based on publicly available information and is not financial advice. Consult with a qualified professional before making investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Innovate Corp
Exchange NYSE | Headquaters New York, NY, United States | ||
IPO Launch date 2009-07-13 | CEO - | ||
Sector Industrials | Industry Engineering & Construction | Full time employees 3946 | Website https://www.innovatecorp.com |
Full time employees 3946 | Website https://www.innovatecorp.com | ||
INNOVATE Corp., through its subsidiaries, operates in infrastructure, life sciences, and spectrum areas in the United States. The Infrastructure segment provides industrial construction, structural steel, and facility maintenance services, such as fabrication and erection of structural steel and heavy steel plate services, and large-diameter water pipes and water storage tanks; fabrication of trusses and girders; and 3-D building information modeling and detailing for commercial, industrial, and infrastructure construction projects, such as buildings and office complexes, hotels and casinos, convention centers, sports arenas and stadiums, shopping malls, hospitals, dams, bridges, mines, metal processing, refineries, pulp and paper mills, and power plants. This segment also offers solutions for digital engineering, modeling and detailing, construction, and heavy equipment installation and facility services including maintenance, repair, and installation; and manufactures pollution control scrubbers, tunnel liners, pressure vessels, strainers, filters, separators, and customized products. The Life Sciences segment develops products to treat early osteoarthritis of the knee; and aesthetic and medical technologies for the skin. The Spectrum segment operates over-the-air broadcasting stations across the United States; and Azteca America, a Spanish-language broadcast network. The company was formerly known as HC2 Holdings, Inc. and changed its name to INNOVATE Corp. in September 2021. The company was incorporated in 1994 and is headquartered in New York, New York.
Upturn is now on iOS and Android!
Experience Upturn on your mobile. Install it now!
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.