Home Sectors Healthcare Latest Change: Invacare Corporation (NYSE: IVC)

Latest Change: Invacare Corporation (NYSE: IVC)

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Invacare Corporation trades as part of the healthcare sector and medical devices industry. The company CEO is Matthew E. Monaghan. Invacare Corp is a manufacturer and distributor of medical equipment used in non-acute care settings. The company sells its products to home medical equipment providers with retail and e-commerce channels, residential care operators, and distributors.

Previous Intraday Trading Performance:

The IVC stock showed a previous change of 3.13% with an open at 5.21 and a close of 5.28. It reached an intraday high of 5.49 and a low of 5.07.

Business Wire:  Invacare Declares Quarterly Dividend

Liquidity:

The stock has a market cap of $178.3m with 33.8m shares outstanding, of which the float is 31.4m shares. Trading volume reached 447,126 shares compared to its average volume of 395,598 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Invacare Corporation shares returned -2.04% and in the past 30 trading days it returned -27.07%. Over three months, it changed -45.14%. In one year it has changed -71.59% and within that year its 52-week high was 20.00 and its 52-week low was 3.05. IVC stock is 73.11% above its 52 Week Low.

Our calculations show a 200 day moving average of 8.67 and a 50 day moving average of 6.72. Currently IVC stock is trading -39.12% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

Business Wire:  Invacare Declares Quarterly Dividend

Earnings:

The last annual fiscal EPS for the company was reported at -1.33 that ended on 31st of December 2018. Based on 1 analyst estimate, the estimated EPS for the next quarter is -0.32. The TTM EPS is -1.32.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 05/06/2019): -0.42
4thQtr of 2018 (Reported on 02/13/2019): -0.04
3rdQtr of 2018 (Reported on 11/05/2018): -0.36
2ndQtr of 2018 (Reported on 08/07/2018): -0.50
1stQtr of 2018 (Reported on 05/07/2018): -0.43

The dividend per share is currently 0.05, which is a dividend yield of 0.95%.

Base on our calculations, the intrinsic value per share is 1.49, which means it may be overvalued by -254.99%.

Indicators to Watch:

Short-interest was 7,222,177, which was 21.39% of shares outstanding. The short-interest ratio or days-to-cover ratio was 18.15. This stock has a high level of short interest and may fall in value in the near term.

The current calculated beta is 2.14.

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Fundamental Indicators:

Based on last reported financials, the company’s return on equity is -11.88%, return on assets is -4.66%, profit margin is -4.61%, price-to-sales is 0.18 and price-to-book is 0.49.

Company Scores:

All scores are out of six:
 1  :Valuation Score
 0  :Past Performance Score
 4  :Financial Strength Score
 3  :Future Growth Score
 1  :Dividend Score
 1  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.

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