Innoviva Stock Price and Value Analysis

Should you buy Innoviva stock? (NasdaqGS:INVA). Let's see how it does in our automated value investing analysis system.

Inside the INVA Numbers

	INVA Price (Innoviva stock price per share)	$12.96
[?] × PE Ratio Versus Sector The PE ratio measures the reported earnings of a company to its current stock price. While earnings are easy to manipulate on the balance sheet, this ratio gives you a sense of what buyers are willing to pay for the stock—what they believe it will do in the future. Comparing a stock's PE to the average PE of companies in its industry gives you a sense of market sentiment about the stock and how well it fares financially. It's not the only number, nor the most important, but comparing similar companies is valuable. A ratio far above or below that of its peers is significant. Industries are more specific than sectors, so companies within most industries are more similar than are companies within an industry. Be aware that the size and customers of companies are important to their prospects.	PE Ratio versus Sector	71% lower than other Healthcare stocks
[?] × PE Ratio Versus Industry The PE ratio measures the reported earnings of a company to its current stock price. While earnings are easy to manipulate on the balance sheet, this ratio gives you a sense of what buyers are willing to pay for the stock—what they believe it will do in the future. Comparing a stock's PE to the average PE of companies in its sector gives you a sense of market sentiment about the stock and how well it fares financially. It's not the only number, nor the most important, but comparing similar companies is valuable. A ratio far above or below that of its peers is significant. Be aware that sectors are very broad, with many types of companies in the same sector.	PE Ratio versus Industry	90% lower than other Biotechnology stocks

This stock has short interest! This means that people have shorted it.

Why does that matter? They've made a bet that price will decrease from where they bought it. Maybe there are financial problems, or maybe there's a value play.

As of the latest analysis, there are 10,206,884 shares shorted. With 57,703,297 shares available for purchase and an average trading volume over the past 10 trading days of 625,370, it would take at least 16.321 days for all of the short holders to cover their shorts.

What does this mean to you? At this volume, it'll take more than two trading weeks for shorts to cover. This may indicate a short squeeze play would work! If this stock has good fundamentals and it'll take a while for the short holders to cover, buying now could net you bigger short-term technical gains if and as the price rises.

Is Innoviva Stock on Sale?

Based on our analysis, we believe that you should not buy Innoviva right now. It might be a good stock to own—we just can't prove it with value analysis right now. Proceed with caution.

Should You Buy INVA Stock?

Does Innoviva have a coherent story? Does it have a plan to continue to make money? Is it worth your time? Only you can decide where to go from here. Our investment guide helps you ask the right questions, including how to buy stocks. Use these research links for more information.