Finance, the handful of analysts tracking InnovAge stock were expecting $161 million on the top line, but $0.06 per share for net profit. The company attributed the notable bottom-line decline chiefly to "increased general and administrative expense and sales and marketing expenses, partially offset by lower interest expense." Now what
What does InnovAge do?
Dec 27, 2021 · InnovAge ( INNV 2.49% ) is one company that will be very glad to see 2021 consigned to the history books. On Monday, the company's stock fell by 11%, on the back of two recommendation downgrades ...
Is there a class action lawsuit against InnovAge Holding Corp (innv)?
Sep 22, 2021 · Finance, the handful of analysts tracking InnovAge stock were expecting $161 million on the top line, but $0.06 per share for net profit. The company attributed the notable bottom-line decline...
What is the pace segment of InnovAge Holding Corp?
Sep 22, 2021 · InnovAge Holding Corp. (INNV) stock plummeted 22.70% in the current-hours trading session at the price of $9.00 following the announcement of its fourth-quarter and fiscal 2021 financial results. INNV is a leading platform focused on enabling elders to age independently in their own houses.
Is InnovAge a good stock?
There are currently 7 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" InnovAge stock.
Will InnovAge stock go up?
Stock Price Forecast The 7 analysts offering 12-month price forecasts for InnovAge Holding Corp have a median target of 5.00, with a high estimate of 6.00 and a low estimate of 4.00. The median estimate represents a +0.30% increase from the last price of 4.99.
About INNV
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 their homes and communities. It manages its business through Program of All-Inclusive Care for the Elderly (PACE) approach.
Financial Performance
In 2020, INNV's revenue was $567.19 million, an increase of 21.81% compared to the previous year's $465.63 million. Earnings were $26.28 million, an increase of 34.22%.
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