Is INNOVATE Corp. stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, INNOVATE Corp. pays dividends. Last time was Thursday 1st of January 1970 where the investors holding the stock on Thursday 14th of May 2020 were paid $0.3917 per share. Over the last 5 times between 2012 and 2020, INNOVATE Corp. has paid $2.9993 with an average of $0.6 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for INNOVATE Corp. 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was $0.771, you would have made a profit of $2.81 per share or 364.48%
No, the average daily trading liquidity for INNOVATE Corp. is $40 100 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.
INNOVATE Corp. has much of the business financed by loans. This puts the company at high risk in periods of high inflation where borrowing costs usually go up. With a normal cash flow to debt ratio of 0.11, the company's ability to pay off the debt is normal. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.
We have calculated the inflation risk for INNOVATE Corp. to be high [0.75 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.