InnovAge HoldingINNV
INNV
About: InnovAge Holding Corp is a healthcare delivery platform by several participants focused on providing all-inclusive, capitated care to high-cost, dual-eligible seniors. Its patient-centered care delivery approach improves the quality of care while keeping them in their homes and reducing over-utilization of high-cost care settings such as hospitals and nursing homes. The company's segment includes PACE and others. It generates maximum revenue from the PACE segment.
Employees: 2,350
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
163% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 8
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
15% more capital invested
Capital invested by funds: $83.4M [Q2] → $96.1M (+$12.7M) [Q3]
4% more funds holding
Funds holding: 45 [Q2] → 47 (+2) [Q3]
0.56% less ownership
Funds ownership: 12.36% [Q2] → 11.8% (-0.56%) [Q3]
100% less funds holding in top 10
Funds holding in top 10: 2 [Q2] → 0 (-2) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$5
19%
upside
Avg. target
$5
19%
upside
High target
$5
19%
upside
1 analyst rating
0 positive
0%
0 neutral
0%
1 negative
100%
JP Morgan Lisa Gill 35% 1-year accuracy 7 / 20 met price target | 19%upside $5 | Underweight Downgraded | 17 Dec 2024 |
Financial journalist opinion
Neutral
Seeking Alpha
1 month ago
InnovAge Holding Corp. (INNV) Q1 2025 Earnings Call Transcript
InnovAge Holding Corp. (NASDAQ:INNV ) Q1 2025 Results Earnings Conference Call November 5, 2024 5:00 PM ET Company Participants Ryan Kubota - Director of Investor Relations Patrick Blair - President and Chief Executive Officer Benjamin Adams - Chief Financial Officer Richard Feifer - Chief Medical Officer Conference Call Participants Jamie Perse - Goldman Sachs Jared Haase - William Blair Matt Gilmore - KeyBanc Capital Markets Operator Good day and thank you for standing by. Welcome to the InnovAge First Quarter 2025 Earnings Conference Call.
Neutral
Zacks Investment Research
1 month ago
InnovAge Holding Corp. (INNV) Reports Q1 Loss, Tops Revenue Estimates
InnovAge Holding Corp. (INNV) came out with a quarterly loss of $0.04 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.08 per share a year ago.
Neutral
GlobeNewsWire
1 month ago
InnovAge Announces Financial Results for the Fiscal First Quarter Ended September 30, 2024
DENVER, Nov. 05, 2024 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (“InnovAge” or the “Company”) (Nasdaq: INNV), an industry leader in providing comprehensive healthcare programs to frail, predominantly dual-eligible seniors through the Program of All-inclusive Care for the Elderly (PACE), today announced financial results for its fiscal first quarter ended September 30, 2024. “Our first quarter results reflect our continued momentum and the execution of our strategy to deliver high quality care, while continuing to enhance our margins,” said CEO Patrick Blair.
Neutral
GlobeNewsWire
1 month ago
InnovAge Appoints Michael Scarbrough as New President and Chief Operating Officer and Maria Lozzano as President, Pharmacy Services
DENVER, Nov. 04, 2024 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (“InnovAge” or the “Company”) (Nasdaq: INNV), an industry leader in providing comprehensive healthcare programs to dual-eligible seniors through the Program of All-inclusive Care for the Elderly (PACE), appoints Michael Scarbrough as its new President and Chief Operating Officer and Maria Lozzano as President, Pharmacy Services, effective November 4th.
Positive
Zacks Investment Research
1 month ago
InnovAge Holding Corp. (INNV) Expected to Beat Earnings Estimates: Should You Buy?
InnovAge (INNV) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Neutral
GlobeNewsWire
2 months ago
InnovAge Provides Update on Clinical & Operational Transformations at National PACE Association Annual Conference
InnovAge PACE leaders will highlight ongoing clinical, operational, and business transformations at the 2024 National PACE Association (NPA) Conference.
Neutral
GlobeNewsWire
3 months ago
UPDATE – Leading PACE Provider InnovAge Selected to Participate in National Study Focused on Preventing Falls by Seniors
DENVER, Sept. 16, 2024 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by InnovAge Holding Corp. (“InnovAge”) (Nasdaq: INNV), please note that in the fifth paragraph of the release, the title for Dr. Ann Wells has been corrected to Chief Quality and Population Health Officer of InnovAge.
Neutral
GlobeNewsWire
3 months ago
Leading PACE Provider InnovAge Selected to Participate in National Study Focused on Preventing Falls by Seniors
DENVER, Sept. 16, 2024 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (“InnovAge”) (Nasdaq: INNV), a leading Program of All-inclusive Care for the Elderly (PACE) provider, has been selected as a research partner for a national study exploring how to prevent falls by seniors.
Neutral
Seeking Alpha
3 months ago
InnovAge Holding Corp. (INNV) Q4 2024 Earnings Call Transcript
InnovAge Holding Corp. (NASDAQ:INNV ) Q4 2024 Earnings Conference Call September 10, 2024 5:00 PM ET Company Participants Ryan Kubota - Director of IR Patrick Blair - President & CEO Benjamin Adams - CFO Conference Call Participants Jason Cassorla - Citi John Stansel - J.P. Morgan Securities Jared Haase - William Blair Operator Good day and thank you for standing by.
Negative
Zacks Investment Research
3 months ago
InnovAge Holding Corp. (INNV) Reports Q4 Loss, Tops Revenue Estimates
InnovAge Holding Corp. (INNV) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to loss of $0.09 per share a year ago.
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