Wayne Barr - Innovate Corp President, Chief Executive Officer, Director

VATE Stock  USD 5.39  0.12  2.28%   

CEO

Wayne Barr is President, Chief Executive Officer, Director of Innovate Corp since 2020.
Age 60
Tenure 4 years
Address 295 Madison Avenue, New York, NY, United States, 10017
Phone212 235 2691
Webhttps://www.innovatecorp.com

Innovate Corp Management Efficiency

The company has return on total asset (ROA) of 0.034 % which means that it generated a profit of $0.034 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.1913) %, meaning that it created substantial loss on money invested by shareholders. Innovate Corp's management efficiency ratios could be used to measure how well Innovate Corp manages its routine affairs as well as how well it operates its assets and liabilities. At present, Innovate Corp's Return On Equity is projected to increase slightly based on the last few years of reporting. At present, Innovate Corp's Non Current Assets Total are projected to increase significantly based on the last few years of reporting.
Innovate Corp currently holds 771.9 M in liabilities. Innovate Corp has a current ratio of 1.02, suggesting that it may not have the ability to pay its financial obligations when due. Note, when we think about Innovate Corp's use of debt, we should always consider it together with its cash and equity.

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INNOVATE Corp., through its subsidiaries, operates in infrastructure, life sciences, and spectrum areas in the United States. The company was incorporated in 1994 and is headquartered in New York, New York. Innovate Corp operates under Engineering Construction classification in the United States and is traded on New York Stock Exchange. It employs 02 people. Innovate Corp (VATE) is traded on New York Stock Exchange in USA. It is located in 295 Madison Avenue, New York, NY, United States, 10017 and employs 3,946 people. Innovate Corp is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification.

Management Performance

Innovate Corp Leadership Team

Elected by the shareholders, the Innovate Corp's board of directors comprises two types of representatives: Innovate Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Innovate. The board's role is to monitor Innovate Corp's management team and ensure that shareholders' interests are well served. Innovate Corp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Innovate Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
Wayne Barr, President, Chief Executive Officer, Director
Michael Sena, Chief Financial Officer
Paul Voigt, Interim Officer
Kenneth Courtis, Independent Director
Shelly Lombard, Independent Director
Avram Glazer, Independent Chairman of the Board
Michael Gorzynski, Director
Anthony Rozmus, Investor Officer
Suzi Herbst, Chief Administrative Officer
Michael CPA, Treasurer CFO
Joseph Ferraro, Chief Legal Officer, Corporate Secretary
Warren Gfeller, Independent Director

Innovate Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Innovate Corp a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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When determining whether Innovate Corp is a strong investment it is important to analyze Innovate Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Innovate Corp's future performance. For an informed investment choice regarding Innovate Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Innovate Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Innovate Stock refer to our How to Trade Innovate Stock guide.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Innovate Corp. If investors know Innovate will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Innovate Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.08)
Revenue Per Share
130.933
Quarterly Revenue Growth
(0.35)
Return On Assets
0.034
Return On Equity
(0.19)
The market value of Innovate Corp is measured differently than its book value, which is the value of Innovate that is recorded on the company's balance sheet. Investors also form their own opinion of Innovate Corp's value that differs from its market value or its book value, called intrinsic value, which is Innovate Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Innovate Corp's market value can be influenced by many factors that don't directly affect Innovate Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Innovate Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovate Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovate Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.