Invacare stock: buy or sell?
February 18th, 2020
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.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
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
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.
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%).
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 targetNobody 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.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 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%.
|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||$972 M||0.61%||$-43.92 M-4.5%||-42.62%|
Quarterly financial resultsInvacare 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%.
|2017-Q1||$232 M||-||$-16.78 M-7.2%||-|
|2017-Q2||$234 M||0.87%||$-23.51 M-10.1%||40.11%|
|2017-Q3||$251 M||7.37%||$-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||$246 M||3.84%||$-16.54 M-6.7%||17.26%|
|2018-Q3||$245 M||-0.65%||$-12.03 M-4.9%||-27.30%|
|2018-Q4||$245 M||0.01%||$-1.25 M-0.5%||-89.65%|
Invacare ownershipWhen 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:
|Market cap||$293.4 M|
|Total shares||33.7 M|
|Float shares||32.9 M|
|- Institutional holdings (%)||112.8%|
|- Insider holdings (%)||2.9%|
|Shares in short selling||0.0%|
|Tuesday, February 18th, 2020|
|Day range||$8.60 - $8.95|
|Average true range||$0.50|
|50d mov avg||$8.80|
|100d mov avg||$8.41|
|200d mov avg||$7.05|
Invacare performanceStocks 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 :