Innovate Share Price Today
(NASDAQ: VATE)

Name: Innovate Share Price Today (NASDAQ: VATE) - Innovate Stock Price Live Quote | INDmoney
Brand: INDmoney
Rating: 4.7 (371551 reviews)

Innovate share price is $7.88 & ₹685.32 as on 6 Mar 2025, 2.30 'hrs' IST

$7.88

▲

0.05

(0.64%)

Market is closed - opens 8 PM, 06 Mar 2025

View live Innovate share price in Dollar and Rupees. Guide to invest in Innovate stock from India, including Indian investor sentiment. Get details on Indian mutual funds investing in Innovate, along with analyst recommendations, forecasts, and comprehensive financials.

Innovate share price movements

Today's Low: $7.43
Today's High: $8.12
$7.88
5.68%
Downside
Day's Volatility :8.49%
Upside
2.99%
52 Weeks Low: $3.25
52 Weeks High: $13.79
$7.88
58.76%
Downside
52 Weeks Volatility :76.43%
Upside
42.86%

Innovate (VATE) Returns

Period	Innovate Corp	Index (Russel 2000)
3 Months	33.62%	0.0%
6 Months	104.97%	0.0%
1 Year	-10.35%	0.0%
3 Years	-75.45%	-11.6%

Innovate (VATE) Key Statistics

in dollars & INR

Previous Close	$7.83
Open	$7.88
Today's High	$8.1226
Today's Low	$7.4328
Market Capitalization	$103.8M
Today's Volume	$33.9K
52 Week High	$13.79
52 Week Low	$3.25
Revenue TTM	$1.2B
EBITDA	$87.3M
Earnings Per Share (EPS)	$-3.08
Profit Margin	-2.22%
Quarterly Earnings Growth YOY	0.0%
Return On Equity TTM	-19.13%

How to invest in Innovate Stock (VATE) from India?

It is very easy for Indian residents to invest directly in Innovate from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Innovate stock in both Indian Rupees (INR) and US Dollars (USD). Search for Innovate or VATE on the INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Innovate or rupee/ dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Innovate shares which would translate to 0.110 fractional shares of Innovate as of today. Learn more about fractional investing.

Indians can now also easily transfer and add money to their US stocks account via the INDmoney app. Invest in US Stocks from India, including recognised companies like Innovate, in just a few clicks!

Returns in Innovate (VATE) for Indian investors in Rupees

The Innovate stock calculator helps Indian investors calculate returns based on the historical performance of the stock. Just choose your investment amount and duration to get insights and invest more confidently. See stock returns as well as the effect of dollar appreciation over different durations.

Investment Value

₹1,00,000

Innovate investment value today

Current value as on today

₹95,226

Returns

₹4,774

(-4.77%)

Returns from Innovate Stock

₹9,737 (-9.74%)

Dollar Returns

₹4,963 (+4.96%)

Indian investors sentiment towards Innovate (VATE)

-80%

Period: Feb 3, 2025 to Mar 5, 2025. Change in 30 Days versus previous period

Search interest for Innovate Stock from India on INDmoney has decreased by -80% in the last 30 days, reflecting a downward trend in search activity.

Global Institutional Holdings in Innovate

Jefferies Financial Group Inc
5.28%
Vanguard Group Inc
3.00%
Whitefort Capital Management, LP.
2.41%
Gendell Jeffrey L
2.37%
Geode Capital Management, LLC
0.93%
Schmeidler A R & CO Inc
0.64%

Analyst Recommendation on Innovate

Buy

85%Buy

14%Hold

0%Sell

Based on 7 Wall street analysts offering stock ratings for Innovate(by analysts ranked 0 to 5 stars)

Based on 7 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Insights on Innovate Stock (Ticker Symbol: VATE)

Price Movement
In the last 7 days, VATE stock has moved down by -21.0%
Decreasing Revenue
Revenue is down for the last 5 quarters, 375.3M → 242.2M (in $), with an average decrease of 10.0% per quarter
Decreasing Net Profit
Netprofit is down for the last 2 quarters, 14.4M → -15.0M (in $), with an average decrease of 204.2% per quarter
VATE vs EME (1 yr)
In the last 1 year, Emcor Group Inc. has given 19.5% return, outperforming this stock by 29.5%
VATE vs FIX (3 yr)
In the last 3 years, Comfort Systems Usa Inc has given 237.7% return, outperforming this stock by 313.7%
Price to Sales
ForVATE every $1 of sales, investors are willing to pay $0.1, whereas for Emcor Group Inc., the investors are paying $1.2 for every $1 of sales.

VATE Innovate Financials in INR & Dollars

	FY18	Y/Y Change
Revenue	$2.0B	↑ 20.96%
Net Income	$162.0M	↓ 445.33%
Net Profit Margin	8.2%	↑ 11.07%

	FY19	Y/Y Change
Revenue	$1.8B	↓ 8.35%
Net Income	$-16.8M	↓ 110.37%
Net Profit Margin	-0.93%	↓ 9.13%

	FY20	Y/Y Change
Revenue	$1.0B	↓ 44.48%
Net Income	$-46.4M	↑ 176.19%
Net Profit Margin	-4.61%	↓ 3.68%

	FY21	Y/Y Change
Revenue	$1.2B	↑ 19.83%
Net Income	$-79.8M	↑ 71.98%
Net Profit Margin	-6.62%	↓ 2.01%

	FY22	Y/Y Change
Revenue	$1.6B	↑ 35.85%
Net Income	$-40.8M	↓ 48.87%
Net Profit Margin	-2.49%	↑ 4.13%

	FY23	Y/Y Change
Revenue	$1.4B	↓ 13.09%
Net Income	$-37.6M	↓ 7.84%
Net Profit Margin	-2.64%	↓ 0.15%

	Q2 FY23	Q/Q Change
Revenue	$368.8M	↑ 16.01%
Net Income	$-9.9M	↑ 23.75%
Net Profit Margin	-2.68%	↓ 0.16%

	Q3 FY23	Q/Q Change
Revenue	$375.3M	↑ 1.76%
Net Income	$-7.3M	↓ 26.26%
Net Profit Margin	-1.95%	↑ 0.73%

	Q4 FY23	Q/Q Change
Revenue	$361.0M	↓ 3.81%
Net Income	$-9.6M	↑ 31.51%
Net Profit Margin	-2.66%	↓ 0.71%

	Q1 FY24	Q/Q Change
Revenue	$315.2M	↓ 12.69%
Net Income	$-17.7M	↑ 84.38%
Net Profit Margin	-5.62%	↓ 2.96%

	Q2 FY24	Q/Q Change
Revenue	$313.1M	↓ 0.67%
Net Income	$14.4M	↓ 181.36%
Net Profit Margin	4.6%	↑ 10.22%

	Q3 FY24	Q/Q Change
Revenue	$242.2M	↓ 22.64%
Net Income	$-15.0M	↓ 204.17%
Net Profit Margin	-6.19%	↓ 10.79%

	FY18	Y/Y Change
Profit	$194.2M	↓ 8.55%

	FY19	Y/Y Change
Profit	$279.3M	↑ 43.82%

	FY20	Y/Y Change
Profit	$167.3M	↓ 40.1%

	FY21	Y/Y Change
Profit	$183.7M	↑ 9.8%

	FY22	Y/Y Change
Profit	$221.4M	↑ 20.52%

	FY23	Y/Y Change
Profit	$216.0M	↓ 2.44%

	Q2 FY23	Q/Q Change
Profit	$52.6M	↑ 20.64%

	Q3 FY23	Q/Q Change
Profit	$58.7M	↑ 11.6%

	Q4 FY23	Q/Q Change
Profit	$56.8M	↓ 3.24%

	Q1 FY24	Q/Q Change
Profit	$44.2M	↓ 22.18%

	Q2 FY24	Q/Q Change
Profit	$61.2M	↑ 38.46%

	Q3 FY24	Q/Q Change
Profit	$48.2M	↓ 21.24%

	FY18	Y/Y Change
Operating Cash Flow	$341.4M	↑ 5458.45%
Investing Cash Flow	$-224.6M	↑ 61.23%
Financing Cash Flow	$115.2M	↓ 0.12%

	FY19	Y/Y Change
Operating Cash Flow	$110.5M	↓ 67.63%
Investing Cash Flow	$-263.6M	↑ 17.36%
Financing Cash Flow	$62.4M	↓ 45.83%

	FY20	Y/Y Change
Operating Cash Flow	$41.7M	↓ 62.26%
Investing Cash Flow	$162.3M	↓ 161.57%
Financing Cash Flow	$-204.6M	↓ 427.88%

	FY21	Y/Y Change
Operating Cash Flow	$27.0M	↓ 35.25%
Investing Cash Flow	$-223.2M	↓ 237.52%
Financing Cash Flow	$4.3M	↓ 102.1%

	FY22	Y/Y Change
Operating Cash Flow	$-9.5M	↓ 135.19%
Investing Cash Flow	$-22.5M	↓ 89.92%
Financing Cash Flow	$68.1M	↑ 1483.72%

	Q2 FY23	Q/Q Change
Operating Cash Flow	$16.2M	↓ 121.04%
Investing Cash Flow	$-4.5M	↑ 0.0%
Financing Cash Flow	$700.0K	↓ 101.84%

	Q3 FY23	Q/Q Change
Operating Cash Flow	$26.1M	↑ 61.11%
Investing Cash Flow	$-5.5M	↑ 22.22%
Financing Cash Flow	$6.7M	↑ 857.14%

Innovate Technicals Summary

Sell

Neutral

Buy

Innovate is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.

Innovate (VATE) Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Innovate Corp	-33.87%	104.97%	-10.35%	-75.45%	-79.06%
Emcor Group Inc.	-13.45%	9.79%	19.14%	245.85%	455.51%
Quanta Services, Inc.	-17.29%	-0.7%	3.24%	131.12%	651.44%
Aecom	-9.41%	-1.59%	5.19%	35.88%	144.17%
Comfort Systems Usa Inc	-20.58%	10.39%	8.18%	303.82%	762.59%
Jacob Solutions	-11.57%	-14.74%	-16.47%	-0.11%	37.98%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Innovate Corp	NA	NA	NA	0.0	-0.19	0.03	NA	-12.39
Emcor Group Inc.	18.38	18.38	1.32	23.48	0.37	0.12	0.0	64.13
Quanta Services, Inc.	41.68	41.68	1.68	10.22	0.14	0.05	0.0	49.55
Aecom	22.44	22.44	1.04	5.13	0.27	0.05	0.01	16.62
Comfort Systems Usa Inc	23.65	23.65	2.06	18.3	0.35	0.12	0.0	48.04
Jacob Solutions	34.2	34.2	1.37	5.98	0.08	0.05	0.01	34.21

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Innovate Corp	Buy	$103.8M	-79.06%	NA	-2.22%
Emcor Group Inc.	Buy	$17.6B	455.51%	18.38	6.91%
Quanta Services, Inc.	Buy	$37.2B	651.44%	41.68	3.82%
Aecom	Buy	$12.9B	144.17%	22.44	2.93%
Comfort Systems Usa Inc	Buy	$12.3B	762.59%	23.65	7.43%
Jacob Solutions	Buy	$15.3B	37.98%	34.2	5.3%

About Innovate

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.

Organization	Innovate
Employees	3946
CEO	Mr. Paul Kenneth Voigt
Industry	Apparel/Footwear

Management People of Innovate

Name	Title
Mr. Paul Kenneth Voigt	Interim Chief Executive Officer
Mr. Michael J. Sena CPA	CFO, Treasurer & Corporate Secretary
Anthony Rozmus	Investor Relations Officer

Important FAQs about investing in VATE Stock from India :

What is Innovate share price today?

Innovate share price today stands at $7.88, Open: $7.88 ; Previous Close: $7.83 ; High: $8.12 ; Low: $7.43 ; 52 Week High: $13.79 ; 52 Week Low: $3.25.

The stock opens at $7.88, after a previous close of $7.83. The stock reached a daily high of $8.12 and a low of $7.43, with a 52-week high of $13.79 and a 52-week low of $3.25.

Can Indians buy Innovate shares?

Yes, Indians can invest in the Innovate (VATE) from India.

With INDmoney, you can buy Innovate at 0 brokerage. The step-by-step process is as follows:

Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
Once funds are transferred successfully, you can buy Innovate at zero transaction cost.

How can I buy Innovate shares from India?

It is very easy to buy Innovate from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Innovate (VATE) be purchased?

Yes, you can buy fractional shares of Innovate with INDmoney app.

What are the documents required to start investing in Innovate stocks?

To start investing in Innovate, You will need the following documents:

Proof of Identification (PAN, Aadhaar etc)
Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.