Innoviva, Inc. [NASDAQ:INVA]: Analyst Rating and Earnings
Stock market traders oftentimes pay a lot of attention to what top analysts say regarding a potential investment. Regarding Innoviva, Inc. [INVA], the latest average analyst recommendation we can see is from the quarter closing in December. On average, stock market experts give INVA an Outperform rating. Its stock price has been found in the range of 5.14 to 21.40. This is compared to its latest closing price of $15.33.
Wall Street analysts provide their ratings on a scale of 1 to 5, and the current average score for Innoviva, Inc. [INVA] is sitting at 2.50. This is compared to 1 month ago, when its average rating was 2.50.
For the quarter ending in Dec-18 Innoviva, Inc. [INVA] generated $0.08 billion in sales. That’s 2.37% lower than the average estimate of $0.08 billion as provided by Wall Street analysts. The three indicators above suggest that on the whole, this stock is not presenting an attractive investment option, as there are too many red flags that don’t point to a high-value ROI.
Pay attention for this company’s financial results, of which the next release is scheduled to happen on Thu 25 Apr (In 71 Days).
Fundamental Analysis of Innoviva, Inc. [INVA]
Now let’s turn to look at profitability: with a current Operating Margin for Innoviva, Inc. [INVA] sitting at +93.47, this company’s Net Margin is now 63.70%. These measurements indicate that Innoviva, Inc. [INVA] is generating considerably more profit, after expenses are accounted for, compared to its market peers.
This company’s Return on Total Capital is 54.30, and its Return on Invested Capital has reached 51.50%. Its Return on Assets is 86.30.
Turning to investigate this organization’s capital structure, Innoviva, Inc. [INVA] has generated a Total Debt to Total Equity ratio of 249.28. Similarly, its Total Debt to Total Capital is 71.37, while its Total Debt to Total Assets stands at 69.84. Looking toward the future, this publicly-traded company’s Long-Term Debt to Equity is 249.28, and its Long-Term Debt to Total Capital is 71.37. This company has a healthy balance between its debt and its current holdings, suggesting it is a reliable investment due to its ability to leverage debt in an efficient way.
The Enterprise Value to Sales for this firm is now 6.98, and its Total Debt to Enterprise Value stands at 0.17.
Similarly, this company’s Total Asset Turnover is 0.57. This publicly-traded organization’s liquidity data is also interesting: its Current Ratio is 34.92.
Let’s now turn our attention to trading performance: Innoviva, Inc. [INVA] has 103.60M shares outstanding, amounting to a total market cap of $1.51B. Its stock price has been found in the range of 13.26 to 20.54. At its current price, it has moved by -28.82% from its 52-week high, and it has moved 10.26% from its 52-week low.
This stock’s Beta value is currently 1.89, which indicates that it is more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 25.12. This stock, according to these metrics, is currently Oversold.
Conclusion: Is Innoviva, Inc. [INVA] a Reliable Buy?
Shares of Innoviva, Inc. [INVA], on the whole, present investors with both positive and negative signals. Wall Street analysts have mixed reviews when it comes to the 12-month price outlook, and this company’s financials show a combination of strengths and weaknesses. Based on the price performance, this investment is somewhat risky while presenting reasonable potential for ROI.