Invacare stock: buy or sell?

IVC stock price: $8.72 -2.90% At close on February 18th, 2020

Updated on:
February 18th, 2020

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Invacare eased a godawful -2.90% and closed at $8.72. On February 11th IVC rocketed an extraordinary 5.70%.

Invacare Corporation, together with its subsidiaries, designs, manufactures, distributes, and exports medical equipment for use in home health care, retail, and extended care markets worldwide.

Should I buy Invacare stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. That's why is so important to define your own trading plan that fits your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, Invacare stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean IVC will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Invacare stock a buy?

Banks and financial institutions publish stock ratings everyday. Unfortunately, we couldn't detect any rating for IVC stock for the last 30 days.

Invacare stock analysis

Daily outlook

Shares of Invacare closed today at $8.72 and eased a godawful -2.90%.

Invacare shares eased -2.90% to $8.72 today. Since SMA100d and SMA200d crossed up on December, IVC price slid a -5.11%. On October IVC price bounced up over the SMA of 200 days demonstrating to be a significant support for this stock.

IVC stock chart (daily)

Weekly outlook

After boosting an amazing 15.70% in a week last week, Invacare closed this week at $8.72 and slipped a tragic -2.90%. Late January IVC plunged a bloodcurdling -11.44% in just one week.

Observing the weekly chart, IVC marked an uptrend of rising tops and rising bottoms. Since its last top early November at $11.61, price slid and bounced up back from $7.34. Breaking down under $7.34 would cancel the current uptrend and it might test lower supports. Note that $11.61 might act as a resistance line. Early December, 20w simple moving average crossed up 40w SMA. Since late October 2019 when IVC stock price broke up the SMA40w line, it gained $2.56 (41.56%).

IVC stock chart (weekly)

Invacare stock price history

Invacare stock went public on May 11th, 1984 with a price of $0.001. Since then, IVC stock grew a inf%, with a yearly average of inf%. If you had invested right after IVC's IPO a $1,000 in Invacare stock in 1984, it would worth $inf today.

1: Adjusted price after possible price splits or reverse-splits.

Invacare stock historical price chart

IVC stock reached 52-week highs on November at $11.61, and all-time highs 2004-12-13 with a price of 49.89.

Invacare stock price target

Nobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. You should not follow the analysts' IVC stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we have not found any price prediction for Invacare stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

, Invacare missed the estimates of the experts and reported a scary EPS of $-0.16 per share when experts were expecting $-0.39.
IVC earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a-0.45n/a
2017-Q2-n/a-0.62n/a
2017-Q32017-11-07-0.39-0.41n/a
2017-Q42018-02-07-0.42-0.42n/a
2018-Q12018-05-07-0.48-0.35n/a
2018-Q22018-08-07-0.35-0.41n/a
2018-Q32018-11-05-0.3-0.4n/a
2018-Q42019-02-13-0.39-0.16n/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

In 2018, Invacare annual sales remained steady a slightly good 0.61% to $972.35 million USD from $966.50 marked in 2017. When comparing 2018 vs 2017, on the other hand, profit margin (that is, the net income divided by revenues) appreciated a 3.40% to -4.52%.

IVC annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$1,350 M-$-51.00 M-3.8%-
2014$1,270 M-5.91%$-56.07 M-4.4%9.94%
2015$1,142 M-10.06%$-26.19 M-2.3%-53.29%
2016$1,047 M-8.30%$-42.86 M-4.1%63.63%
2017$966 M-7.73%$-76.54 M-7.9%78.60%
2018$972 M0.61%$-43.92 M-4.5%-42.62%

Quarterly financial results

Invacare reported $244.58 M in sales for 2018-Q4, a 0.01% improvement compared to previous quarter. Reported quarter income marked $-1.25 M with a profit margin of -0.51%. Profit margin stepped up a 4.41% compared to previous quarter when profit margin was -4.92%. When comparing turnover to same quarter last year, Invacare sales marked an ugly slide and depreciated a -2.31%.
IVC quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$232 M-$-16.78 M-7.2%-
2017-Q2$234 M0.87%$-23.51 M-10.1%40.11%
2017-Q3$251 M7.37%$-18.59 M-7.4%-20.92%
2017-Q4$250 M-0.22%$-17.66 M-7.1%-5.00%
2018-Q1$237 M-5.31%$-14.11 M-6.0%-20.12%
2018-Q2$246 M3.84%$-16.54 M-6.7%17.26%
2018-Q3$245 M-0.65%$-12.03 M-4.9%-27.30%
2018-Q4$245 M0.01%$-1.25 M-0.5%-89.65%

Invacare ownership

When you are planning to invest in shares of a stock, it's worth to check its ownership structure.

Invacare shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 2.85% of all shares.

Bearish positions for IVC stock account 0.00%, no big difference from last month.

For a better understanding, the following table shows ownership data compared to other related stocks:

IVC
Market cap$293.4 M
Total shares33.7 M
Float shares32.9 M
  - Institutional holdings (%)112.8%
  - Insider holdings (%)2.9%
Shares in short selling0.0%

Invacare summary

Tuesday, February 18th, 2020
Open$8.94
Close$8.72
Day range$8.60 - $8.95
Previous close$8.98
Session gain-2.90%
Average true range$0.50
50d mov avg$8.80
100d mov avg$8.41
200d mov avg$7.05
Daily pattern
Weekly pattern lb03a

Invacare performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. In the following table, we compare Invacare performance to :
Stock3m6m12m
IVCInvacare-6.03%74.40%-11.20%

Invacare competitors

Unfortunately, we could not find any public company that could be defined as Invacare competitor. This doesn't mean Invacare does not have any competitor in the market, it's just we could not detected it.