II-VI Incorporated develops, manufactures, and markets engineered materials, and optoelectronic components and devices worldwide. The company operates in three segments: II-VI Laser Solutions, II-VI Photonics, and II-VI Performance Products. The II-VI Laser Solutions segment offers optical and electro-optical components and materials primarily used in high-power CO2 lasers; fiber-delivered beam delivery systems, and processing tools and direct diode lasers for industrial lasers; direct diode laser modules, sub-systems, and systems; super-hard materials processing laser systems; and compound semiconductor epitaxial and gallium arsenide wafers. The II-VI Photonics segment provides crystal materials, optics, microchip lasers, and optoelectronic modules for use in optical communication networks and other consumer, life sciences, and commercial applications. It also offers pump lasers, optical isolators, and optical amplifiers and micro-optics for optical amplifiers for terrestrial and submarine applications within the optical communications market. The II-VI Performance Products segment provides infrared optical components and high-precision optical assemblies for military, medical, and commercial laser imaging applications; and silicon carbide engineered materials for thermoelectric devices and subsystems for silicon carbide applications. The company serves OEMs, laser end-users, system integrators of high-power lasers, manufacturers of equipment and devices for the industrial, optical communications, military, semiconductor, medical and life science markets, consumers, the U.S. government prime contractors, various U.S. government agencies, and thermoelectric integrators. II-VI Incorporated was founded in 1971 and is headquartered in Saxonburg, Pennsylvania.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Optical instruments & lenses
Sub-IndustryElectrical Components & Equipment
SectorIndustrial Products
SymbolNASDAQ:IIVI
CUSIP90210410
Phone724-352-4455
Debt
Debt-to-Equity Ratio0.41
Current Ratio3.22
Quick Ratio2.17
Price-To-Earnings
Trailing P/E Ratio27.76
Forward P/E Ratio24.18
P/E Growth1.46
Sales & Book Value
Annual Sales$1.16 billion
Price / Sales2.57
Cash Flow$3.0026 per share
Price / Cash15.62
Book Value$16.38 per share
Price / Book2.86
Profitability
EPS (Most Recent Fiscal Year)$1.72
Net Income$88 million
Net Margins7.59%
Return on Equity10.09%
Return on Assets5.88%
Miscellaneous
Employees11,443
Outstanding Shares63,600,000
Market Cap$3.07 billion
II-VI (NASDAQ:IIVI) Frequently Asked Questions
What is II-VI's stock symbol?
II-VI trades on the NASDAQ under the ticker symbol "IIVI."
How were II-VI's earnings last quarter?
II-VI, Inc. (NASDAQ:IIVI) announced its quarterly earnings results on Tuesday, August, 7th. The scientific and technical instruments company reported $0.52 EPS for the quarter, beating the Zacks' consensus estimate of $0.39 by $0.13. The scientific and technical instruments company had revenue of $321.10 million for the quarter, compared to analyst estimates of $301.45 million. II-VI had a net margin of 7.59% and a return on equity of 10.09%. II-VI's quarterly revenue was up 17.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.50 EPS. View II-VI's Earnings History.
When is II-VI's next earnings date?
What guidance has II-VI issued on next quarter's earnings?
II-VI issued an update on its first quarter earnings guidance on Tuesday, August, 7th. The company provided EPS guidance of $0.54-0.60 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.43. The company issued revenue guidance of $305-315 million, compared to the consensus revenue estimate of $305.26 million.
What price target have analysts set for IIVI?
11 Wall Street analysts have issued 12 month price targets for II-VI's shares. Their forecasts range from $45.00 to $64.00. On average, they expect II-VI's share price to reach $54.0909 in the next twelve months. This suggests a possible upside of 14.4% from the stock's current price. View Analyst Price Targets for II-VI.
What is the consensus analysts' recommendation for II-VI?
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for II-VI in the last year. There are currently 3 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for II-VI.
Who are some of II-VI's key competitors?
Who are II-VI's key executives?
II-VI's management team includes the folowing people:
- Dr. Vincent D. Mattera Jr., Pres, CEO & Director (Age 62)
- Ms. Mary Jane Raymond, CFO, Treasurer & Assistant Sec. (Age 58)
- Mr. Gary Alan Kapusta, Chief Operating Officer (Age 58)
- Dr. Giovanni Barbarossa, CTO & Pres of Laser Solutions Segment (Age 58)
- Mr. David G. Wagner, VP of HR (Age 55)
Has II-VI been receiving favorable news coverage?
Media stories about IIVI stock have been trending somewhat positive on Thursday, Accern reports. The research group identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. II-VI earned a media and rumor sentiment score of 0.18 on Accern's scale. They also gave news headlines about the scientific and technical instruments company an impact score of 46.57 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days. View Recent Headlines for II-VI.
Who are II-VI's major shareholders?
II-VI's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.83%), Dimensional Fund Advisors LP (4.39%), Bank of New York Mellon Corp (2.32%), Bank of New York Mellon Corp (2.32%), Macquarie Group Ltd. (1.66%) and Fort Pitt Capital Group LLC (1.62%). Company insiders that own II-VI stock include David G Wagner, Francis J Kramer, Howard H Xia, Joseph J Corasanti, Marc Y E Pelaez, Mary Jane Raymond, Vincent D Mattera Jr and Wendy F Dicicco. View Institutional Ownership Trends for II-VI.
Which institutional investors are selling II-VI stock?
IIVI stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, SG Capital Management LLC, Pinnacle Associates Ltd., Intrinsic Edge Capital Management LLC, Royce & Associates LP, Kornitzer Capital Management Inc. KS, First Trust Advisors LP and Pier Capital LLC. Company insiders that have sold II-VI company stock in the last year include David G Wagner, Francis J Kramer, Howard H Xia, Joseph J Corasanti, Marc Y E Pelaez, Mary Jane Raymond and Vincent D Mattera Jr. View Insider Buying and Selling for II-VI.
Which institutional investors are buying II-VI stock?
IIVI stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Bank of America Corp DE, Rice Hall James & Associates LLC, Robecosam AG, Macquarie Group Ltd., Osterweis Capital Management Inc., Emerald Mutual Fund Advisers Trust and Emerald Advisers Inc. PA. View Insider Buying and Selling for II-VI.
How do I buy shares of II-VI?
Shares of IIVI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is II-VI's stock price today?
One share of IIVI stock can currently be purchased for approximately $47.30.
How big of a company is II-VI?
II-VI has a market capitalization of $3.07 billion and generates $1.16 billion in revenue each year. The scientific and technical instruments company earns $88 million in net income (profit) each year or $1.72 on an earnings per share basis. II-VI employs 11,443 workers across the globe.
How can I contact II-VI?
II-VI's mailing address is 375 SAXONBURG BLVD, SAXONBURG PA, 16056. The scientific and technical instruments company can be reached via phone at 724-352-4455 or via email at [email protected]
MarketBeat Community Rating for II-VI (NASDAQ IIVI)
MarketBeat's community ratings are surveys of what our community members think about II-VI and other stocks. Vote "Outperform" if you believe IIVI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe IIVI will underperform the S&P 500 over the long term. You may vote once every thirty days.
