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Innoviva, Inc is currently in a long term uptrend where the price is trading 15.6% above its 200 day moving average.
From a valuation standpoint, the stock is 99.7% cheaper than other stocks from the Healthcare sector with a price to sales ratio of 4.1.
Innoviva, Inc's total revenue rose by 19.1% to $90M since the same quarter in the previous year.
Its net income has increased by 17.3% to $54M since the same quarter in the previous year.
Finally, its free cash flow grew by 27.5% to $85M since the same quarter in the previous year.
Based on the above factors, Innoviva, Inc gets an overall score of 5/5.
| Sector | Healthcare |
|---|---|
| ISIN | US45781M1018 |
| Industry | Biotechnology |
| CurrencyCode | USD |
| Exchange | NASDAQ |
| Target Price | 15.17 |
|---|---|
| PE Ratio | 4.94 |
| Market Cap | 797M |
| Beta | 0.55 |
| Dividend Yield | 0.0% |
Innoviva, Inc. engages in the development and commercialization of pharmaceutical products in the United States and internationally. The company's products include RELVAR/BREO ELLIPTA, a once-daily combination medicine consisting of a LABA, vilanterol (VI), an inhaled corticosteroid (ICS), and fluticasone furoate; ANORO ELLIPTA, a once-daily medicine combining a long-acting muscarinic antagonist (LAMA) and umeclidinium bromide (UMEC) with a LABA, VI; and TRELEGY ELLIPTA, a once-daily combination medicine consisting of an ICS, LAMA, and LABA. Innoviva, Inc. has a strategic partnership with Sarissa Capital Management LP. It has long-acting beta2 agonist (LABA) collaboration agreement with Glaxo Group Limited to develop and commercialize once-daily products for the treatment of chronic obstructive pulmonary disease and asthma. The company was formerly known as Theravance, Inc. and changed its name to Innoviva, Inc. in January 2016. Innoviva, Inc. was incorporated in 1996 and is headquartered in Burlingame, California.
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