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Alaska Air Group announces it has agreed to buy Hawaiian Airlines in a $1.9 billion deal with debt
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S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Man kills 4 relatives in Queens knife rampage, injures 2 officers before he's fatally shot by police
All the trading advice you’ve ever received boils down to this (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Stock market today: Shares mixed in Asia ahead of updates on jobs, inflation
All the trading advice you’ve ever received boils down to this (Ad)
Alaska Air to buy Hawaiian Airlines in a $1.9 billion deal that may attract regulator scrutiny
Watchdog: Western arms companies failed to ramp up production capacity in 2022 due to Ukraine war
All the trading advice you’ve ever received boils down to this (Ad)
Alaska Air Group announces it has agreed to buy Hawaiian Airlines in a $1.9 billion deal with debt
Economists predict US inflation will keep cooling and the economy can avoid a recession
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Man kills 4 relatives in Queens knife rampage, injures 2 officers before he's fatally shot by police
All the trading advice you’ve ever received boils down to this (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Stock market today: Shares mixed in Asia ahead of updates on jobs, inflation
All the trading advice you’ve ever received boils down to this (Ad)
Alaska Air to buy Hawaiian Airlines in a $1.9 billion deal that may attract regulator scrutiny
Watchdog: Western arms companies failed to ramp up production capacity in 2022 due to Ukraine war
All the trading advice you’ve ever received boils down to this (Ad)
Alaska Air Group announces it has agreed to buy Hawaiian Airlines in a $1.9 billion deal with debt
Economists predict US inflation will keep cooling and the economy can avoid a recession
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Man kills 4 relatives in Queens knife rampage, injures 2 officers before he's fatally shot by police
All the trading advice you’ve ever received boils down to this (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Stock market today: Shares mixed in Asia ahead of updates on jobs, inflation
All the trading advice you’ve ever received boils down to this (Ad)
Alaska Air to buy Hawaiian Airlines in a $1.9 billion deal that may attract regulator scrutiny
Watchdog: Western arms companies failed to ramp up production capacity in 2022 due to Ukraine war
All the trading advice you’ve ever received boils down to this (Ad)
Alaska Air Group announces it has agreed to buy Hawaiian Airlines in a $1.9 billion deal with debt
Economists predict US inflation will keep cooling and the economy can avoid a recession

II-VI Stock Price, News & Analysis (NASDAQ:IIVI)

Notice: This company has been marked as potentially delisted and may not be actively trading.
Compare
Today's Range
$220.96
$228.18
50-Day Range
$41.65
$56.83
52-Week Range
$40.80
$75.05
Volume
247,144 shs
Average Volume
1.63 million shs
Market Capitalization
$29.72 billion
P/E Ratio
156.61
Dividend Yield
N/A
Price Target
N/A

IIVI stock logo

About II-VI Stock (NASDAQ:IIVI)

II-VI Incorporated develops, manufactures, and markets engineered materials, optoelectronic components, and devices worldwide. It operates through two segments, Compound Semiconductors and Photonic Solutions. The Compound Semiconductors segment provides optical and electro-optical components and materials used in high-power CO2 lasers, fiber-lasers, and direct diode lasers for materials processing applications; infrared optical components and high-precision optical assemblies for aerospace and defense, medical, and commercial laser imaging applications; semiconductor lasers and detectors for optical interconnects and sensing applications; engineered materials for thermoelectric, ceramics, and silicon carbide various applications; and compound semiconductor epitaxial wafers for applications in optical and wireless communication. The Photonic Solutions segment manufactures transceivers for data centers and telecom optical networks; pump lasers, optical amplifiers, wavelength selective switches, and advanced components for telecom networks; and crystal materials, optics, lasers, and optoelectronic modules in a range of applications, including optical communications, life sciences, and consumer electronics markets. The company serves original equipment manufacturers, laser end users, system integrators of high-power lasers, U.S. government prime contractors, and various U.S. government agencies, as well as manufacturers of equipment and devices for industrial, optical communications, consumer electronics, and security and monitoring applications. II-VI Incorporated was incorporated in 1971 and is headquartered in Saxonburg, Pennsylvania.


IIVI Stock News Headlines

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II-VI Reaches New 52-Week High (IIVI)
Company News for May 11, 2023
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Company Calendar

Last Earnings
8/24/2022
Today
12/03/2023
Fiscal Year End
6/30/2024

Industry, Sector and Symbol

Industry
Optical Instruments & Lenses
Sub-Industry
Electrical Components & Equipment
Current Symbol
NASDAQ:IIVI
CUSIP
90210410
Employees
23,658
Year Founded
1971

Profitability

Net Income
$234.76 million
Pretax Margin
8.50%

Debt

Sales & Book Value

Annual Sales
$3.32 billion
Cash Flow
$38.16 per share
Book Value
$29.79 per share

Miscellaneous

Free Float
127,602,000
Market Cap
$29.72 billion
Optionable
Optionable
Beta
1.46

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Should I Buy II-VI Stock? IIVI Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of II-VI was last updated on Tuesday, November 28, 2023 at 11:45 AM.

Pros

Here are some ways that investors could benefit from investing in II-VI Incorporated:

  • Strong Leadership: Walter R. Bashaw II has been the President of II-VI since July 2019 and has a strong background in corporate law, mergers and acquisitions, and technology planning. His expertise in these areas can contribute to the company's growth and success.
  • Focus on M&A and Integration: Mr. Bashaw's previous role as Vice President of Strategy involved overseeing the company's M&A and integration work. This indicates that II-VI is actively seeking opportunities for expansion and growth through strategic acquisitions.
  • Broad Experience: II-VI's President has broad experience working with emerging companies and complex corporate transactions in various industries, including manufacturing, e-commerce, real estate, medical service providers, and high-tech companies. This diverse experience can contribute to the company's ability to adapt and thrive in different markets.
  • Strong Legal Background: Mr. Bashaw's background as a senior partner at a law firm specializing in corporate law provides II-VI with valuable legal expertise. This can help the company navigate legal challenges and ensure compliance with regulations.
  • Stable Position: II-VI has a stable position in the market as a laser systems maker. The company's focus on laser technology and its expertise in this area can provide a competitive advantage and contribute to its long-term success.

Cons

Investors should be bearish about investing in II-VI Incorporated for these reasons:

  • Recent Name Change: II-VI recently changed its name to Coherent Co., which may cause confusion among investors. This rebranding effort could potentially impact the company's brand recognition and investor perception.
  • Market Volatility: Like any publicly traded company, II-VI is subject to market volatility. Fluctuations in the stock market can impact the company's stock price and investor returns.
  • Competition: II-VI operates in a competitive industry, and it faces competition from other laser systems makers and technology companies. This competition can potentially impact the company's market share and profitability.
  • Dependency on Technology: II-VI's success is closely tied to advancements in laser technology. Any disruptions or slowdowns in technological advancements in this field could impact the company's growth prospects.
  • Global Economic Conditions: II-VI's performance can be influenced by global economic conditions. Economic downturns or geopolitical events can impact demand for the company's products and services.














IIVI Stock Analysis - Frequently Asked Questions

How were II-VI's earnings last quarter?

II-VI Incorporated (NASDAQ:IIVI) announced its quarterly earnings data on Wednesday, August, 24th. The scientific and technical instruments company reported $0.98 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.94 by $0.04. The scientific and technical instruments company earned $887 million during the quarter, compared to analyst estimates of $858.96 million. II-VI had a net margin of 7.08% and a trailing twelve-month return on equity of 14.27%. II-VI's quarterly revenue was up 9.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.75 earnings per share.

What is Dr. Vincent D. (Chuck) Mattera, Jr.'s approval rating as II-VI's CEO?

12 employees have rated II-VI Chief Executive Officer Dr. Vincent D. (Chuck) Mattera, Jr. on Glassdoor.com. Dr. Vincent D. (Chuck) Mattera, Jr. has an approval rating of 91% among the company's employees. This puts Dr. Vincent D. (Chuck) Mattera, Jr. in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of II-VI own?

Based on aggregate information from My MarketBeat watchlists, some companies that other II-VI investors own include NVIDIA (NVDA), Walt Disney (DIS), Block (SQ), Lumentum (LITE), Advanced Micro Devices (AMD), Salesforce (CRM), Trade Desk (TTD), Alibaba Group (BABA), QUALCOMM (QCOM) and Tesla (TSLA).

Does II-VI have any subsidiaries?
The following companies are subsidiares of II-VI: ANADIGICS, Aegis Lightwave, Ascatron, Coherent Laser, Finisar, Finisar Corporation, Finisar Sherman RE Holdco LLC, Fuzhou Photop Optics Co. Ltd., HIGHYAG Lasertechnologie, II-VI Delaware Inc., II-VI Holdings B.V., II-VI Laser Enterprise GmbH, II-VI Laser Enterprise Ltd., II-VI Malaysia Advanced Manufacturing Center Sdn. Bhd., II-VI Photonics Inc., Integrated Photonics, Kaiam Laser Ltd., LightWorks Optics, M Cubed Technologies, Marlow Industries, Max Levy Autograph, Oclaro Switzerland, Pacific Rare Specialty Metals & Chemicals, Photop Technologies, and Photop Technologies Inc..
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This page (NASDAQ:IIVI) was last updated on 12/4/2023 by MarketBeat.com Staff

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