NASDAQ:IIVI - II-VI Stock Price, Forecast & News

II-VI trades on the NASDAQ under the ticker symbol "IIVI."

II-VI, Inc. (NASDAQ:IIVI) released its earnings results on Tuesday, November, 12th. The scientific and technical instruments company reported $0.57 EPS for the quarter, missing analysts' consensus estimates of $0.60 by $0.03. The scientific and technical instruments company earned $340.40 million during the quarter, compared to analyst estimates of $335.73 million. II-VI had a return on equity of 4.06% and a net margin of 3.99%. The firm's revenue for the quarter was up 8.3% on a year-over-year basis. During the same quarter last year, the business earned $0.56 earnings per share. View II-VI's Earnings History.

II-VI is scheduled to release their next quarterly earnings announcement on Thursday, January 2nd 2020. View Earnings Estimates for II-VI.

II-VI issued an update on its second quarter 2020 Pre-Market earnings guidance on Monday, November, 25th. The company provided earnings per share guidance of $0.20-0.50 for the period, compared to the Thomson Reuters consensus estimate of $0.64. The company issued revenue guidance of $$590-630 million, compared to the consensus revenue estimate of $$652.26 million.

12 analysts have issued 1 year price objectives for II-VI's stock. Their forecasts range from $30.00 to $53.00. On average, they anticipate II-VI's stock price to reach $42.67 in the next year. This suggests a possible upside of 46.2% from the stock's current price. View Analyst Price Targets for II-VI.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for II-VI in the last year. There are currently 3 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for II-VI.

News articles about IIVI stock have trended extremely positive recently, according to InfoTrie. The research firm identifies negative and positive news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. II-VI earned a news sentiment score of 4.1 on InfoTrie's scale. They also assigned news coverage about the scientific and technical instruments company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the next few days. View News Stories for II-VI.

Some companies that are related to II-VI include Emerson Electric (EMR), Eaton (ETN), Roper Technologies (ROP), Rockwell Automation (ROK), AMETEK (AME), Generac (GNRC), Acuity Brands (AYI), Regal Beloit (RBC), Brady (BRC), EnerSys (ENS), Enphase Energy (ENPH), Franklin Electric (FELE), Belden (BDC), Vicor (VICR) and Encore Wire (WIRE).

Based on aggregate information from My MarketBeat watchlists, some companies that other II-VI investors own include NVIDIA (NVDA), Walt Disney (DIS), Alibaba Group (BABA), CVS Health (CVS), Skyworks Solutions (SWKS), Splunk (SPLK), Micron Technology (MU), Twilio (TWLO), Lumentum (LITE) and salesforce.com (CRM).

II-VI's stock is owned by a number of of retail and institutional investors. Top institutional investors include Mason Street Advisors LLC (8.32%), State Street Corp (3.17%), Robecosam AG (1.96%), Eagle Asset Management Inc. (1.55%), Millennium Management LLC (0.94%) and State of Michigan Retirement System (1.31%). Company insiders that own II-VI stock include Christopher Koeppen, David G Wagner, Francis J Kramer, Joseph J Corasanti, Marc Y E Pelaez, Mary Jane Raymond, Shaker Sadasivam and Vincent D Mattera Jr. View Institutional Ownership Trends for II-VI.

IIVI stock was sold by a variety of institutional investors in the last quarter, including Scout Investments Inc., New York State Teachers Retirement System, Commonwealth Equity Services LLC, Congress Asset Management Co. MA, Great West Life Assurance Co. Can, Icon Advisers Inc. Co., Hillcrest Asset Management LLC and Boussard & Gavaudan Investment Management LLP. Company insiders that have sold II-VI company stock in the last year include Christopher Koeppen, David G Wagner, Francis J Kramer, Marc Y E Pelaez, Mary Jane Raymond and Vincent D Mattera Jr. View Insider Buying and Selling for II-VI.

IIVI stock was acquired by a variety of institutional investors in the last quarter, including Mason Street Advisors LLC, State Street Corp, State of New Jersey Common Pension Fund D, Millennium Management LLC, Point72 Asset Management L.P., Carillon Tower Advisers Inc., Robecosam AG and Pictet Asset Management Ltd.. Company insiders that have bought II-VI stock in the last two years include Joseph J Corasanti and Shaker Sadasivam. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of IIVI stock can currently be purchased for approximately $29.18.

II-VI has a market capitalization of $2.65 billion and generates $1.36 billion in revenue each year. The scientific and technical instruments company earns $107.52 million in net income (profit) each year or $1.63 on an earnings per share basis. II-VI employs 12,487 workers across the globe.View Additional Information About II-VI.

The official website for II-VI is http://www.ii-vi.com/.

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]