Invacare stock: buy or sell?

IVC stock price: $5.16 4.88% At close on August 22nd, 2019

Updated on:
August 22nd, 2019

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Shares of Invacare ended today at $5.16 and climbed a super good 4.88%. On Aug/15 IVC plummed a chilling -17.52%. Thursday was the 5th green day in a row, gaining 12.26%.

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?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best time to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

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 is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is Invacare stock a buy?

Financial institutions and banks publish stock ratings everyday. At Stocks2.com, we detected 2 ratings published for IVC stock in the last month.

Is IVC a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-2-14Needham & Company LLCn/aBuy
2019-1-24Needham & Company LLCBuyBuy

Invacare stock analysis

Daily outlook

Invacare shares climbed 4.88% to $5.16 today.

Invacare shares climbed 4.88% to $5.16 today. IVC is retaking the upward trend marking a new rising bottom heading to break out over $6.19.

IVC stock chart (daily)

Weekly outlook

After sliding a dreadful -28.20% in a week last week, Invacare closed this week at $5.16 and skyrocketed an amazing 11.93%.

Since last week, when IVC stock price broke down the 20-weeks moving avarage line, it slid $-0.75 per share (-12.69%).

IVC stock chart (weekly)

Invacare stock price history

Invacare IPO was on May 11th, 1984 at $2.60 per share1. Since then, IVC stock surged a 98.50%, with a yearly average of 2.80%. If you had invested $1,000 in Invacare stock in 1984, it would worth $985.00 today.

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

Invacare stock historical price chart

IVC stock reached 52-week highs on September at $16.41, and all-time highs 2004-12-13 with a price of 49.98.

Invacare stock price target is $15.00

How much a stock will be priced tomorrow or next week is quite unpredictable However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. 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 month we found 2 price targets for IVC stock:
IVC stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-2-14Needham & Company LLCReiteratesn/a$15.00-
2019-1-24Needham & Company LLCInitiatesn/a$15.00-
(in average)$0.00$15.000.0%
The price prediction for Invacare stock is $15.00, moving in a range between $15.00 and $15.00. In average, analysts' outlook on IVC price target is stable from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

On February, Invacare didn't meet the forecasts of the analysts and posted a frightening 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 turnover remained stable a tiny 0.61% to $972.35 million USD from $966.50 marked in 2017. Slightly better, its income margin (compared to revenues) appreciated to -4.52%, that is $-43.92 million.

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 million in sales for 2018-Q4, a 0.01% improvement compared to previous quarter. Reported quarter income marked $-1.25 million with a profit margin of -0.51%. Profit margin gained a 4.41% compared to previous quarter when profit margin was -4.92%. When comparing turnover to same quarter last year, Invacare sales marked a bad loss 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 a stock, it's always worth to have a look its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Invacare, 3.46% of all outstanding shares are owned by its staff.

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

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

IVCAHPIHRCINGNOMI
Market cap$174.2 M$6.1 M$7.0 B$949.3 M$303.4 M
Total shares33.8 M4.0 M66.7 M21.9 M62.9 M
Float shares32.8 M3.4 M66.6 M18.2 M60.5 M
  - Institutional holdings (%)124.2%11.2%86.3%109.7%98.2%
  - Insider holdings (%)3.5%62.9%0.1%1.2%3.5%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

Invacare summary

Thursday, August 22nd, 2019
Open$4.98
Close$5.16
Day range$4.85 - $5.32
Previous close$4.92
Session gain4.88%
Average true range$0.53
50d mov avg$5.03
100d mov avg$5.89
200d mov avg$6.21
Daily patternlb02a
Weekly pattern lt11a

Invacare performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We compared Invacare against Allied Healthcare Products, Hill-Rom, Inogen, Owens & Minor, Sonoma Pharmaceuticals, Stryker and Teleflex in the following table:
Stock3m6m12m
IVCInvacare-22.41%-47.61%-65.78%
AHPIAllied Healthcare...-6.13%-19.47%-35.71%
HRCHill-Rom8.82%1.51%8.60%
INGNInogen-34.41%-69.80%-82.41%
OMIOwens & Minor38.51%-24.33%-70.27%
SNOASonoma Pharmaceut...-8.05%-11.11%-58.33%
SYKStryker18.84%16.69%30.31%
TFXTeleflex24.53%29.28%49.20%

Invacare competitors

We selected a few stocks to conform a list of Invacare competitors to watch if you are interested in investing in IVC: