NASDAQ:IIVI

II-VI - IIVI Stock Forecast, Price & News

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Today's Range: N/A
50-Day Range: $41.65
▼
$56.83
52-Week Range: N/A

Volume: 65,945 shs
Average Volume: 1.63 million shs
Market Capitalization: $5.49 billion

P/E Ratio: 28.93
Dividend Yield: N/A
Price Target: $77.63

II-VI MarketRank™ Forecast

Analyst Rating: Hold
2.42 Rating Score
Upside/Downside: ∞ Upside
$77.63 Price Target
Short Interest: Bearish
8.11% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: -0.02
Based on 3 Articles This Week
Insider Trading: Acquiring Shares
$438,400 Bought Last Quarter
Proj. Earnings Growth: 34.77%
From $3.25 to $4.38 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.63 out of 5 stars

Industrial Products Sector

46th out of 187 stocks

Optical Instruments & Lenses Industry

2nd out of 6 stocks

4.2

Analyst's Opinion

Consensus Rating
II-VI has received a consensus rating of Hold. The company's average rating score is 2.42, and is based on 6 buy ratings, 5 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $77.63, II-VI has a forecasted upside of ∞ from its current price of $0.00.
Amount of Analyst Coverage
II-VI has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0

Short Interest

Percentage of Shares Shorted
8.11% of the outstanding shares of II-VI have been sold short.
Short Interest Ratio / Days to Cover
II-VI has a short interest ratio ("days to cover") of 5.7.
Change versus previous month
Short interest in II-VI has recently decreased by 2.03%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
II-VI does not currently pay a dividend.
Dividend Growth
II-VI does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for IIVI.

1.1

News and Social Media Coverage

News Sentiment
II-VI has a news sentiment score of -0.02. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.52 average news sentiment score of Industrial Products companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for II-VI this week, compared to 5 articles on an average week.
Search Interest
Only 9 people have searched for IIVI on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
Only 7 people have added II-VI to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, II-VI insiders have bought 155.29% more of their company's stock than they have sold. Specifically, they have bought $438,400.00 in company stock and sold $171,725.00 in company stock.
Percentage Held by Insiders
Only 2.50% of the stock of II-VI is held by insiders.

3.1

Earnings and Valuation

Earnings Growth
Earnings for II-VI are expected to grow by 34.77% in the coming year, from $3.25 to $4.38 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of II-VI is 28.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.78.
Price to Earnings Ratio vs. Sector
The P/E ratio of II-VI is 28.93, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 21.53.
Price to Earnings Growth Ratio
II-VI has a PEG Ratio of 1.00. PEG Ratios around 1 indicate that a company is correctly valued.

See Top Rated MarketRank™ Stocks Here

About II-VI (NASDAQ:IIVI) Stock

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.

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IIVI Stock News Headlines

September 28, 2022 | americanbankingnews.com

II-VI Incorporated (NASDAQ:IIVI) Receives $77.63 Consensus PT from Analysts

September 27, 2022 | americanbankingnews.com

II-VI (NASDAQ:IIVI) Earns Hold Rating from Analysts at StockNews.com

September 28, 2022 | Legacy Research (Affiliate) (Ad)

Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast

He predicted the 2020 crash a month before it happened…He predicted this year’s collapse back in January… And now, he’s issuing a brand-new warning – along with a unique solution.

September 24, 2022 | cnn.com

Queen Elizabeth II's final resting place revealed in new Windsor Castle photograph - CNN

September 21, 2022 | globenewswire.com

Industrial Laser Systems Market Size is projected to reach USD 38.07 Billion by 2030, growing at a CAGR of 8.28%: Straits Research - GlobeNewswire

September 20, 2022 | washingtonpost.com

Queue for Queen Elizabeth II's coffin had 250,000 people - The Washington Post

September 19, 2022 | apnews.com

Queen Elizabeth II's funeral | Live updates - The Associated Press

September 19, 2022 | cnn.com

Why the Royal Vault isn't the Queen's final resting place - CNN

September 28, 2022 | Weiss Ratings (Ad)

The Collapse of 2022 Has Begun

Almost every asset you own could be in grave danger -- stocks, bonds, real estate and even banks. Today, Dr. Martin Weiss reveals his survival plan for these unprecedented times. Protect your wealth now.

September 19, 2022 | nytimes.com

Queen Elizabeth II's Funeral: Latest Updates - The New York Times

September 18, 2022 | americanbankingnews.com

II-VI (NASDAQ:IIVI) Coverage Initiated by Analysts at StockNews.com

September 16, 2022 | washingtonpost.com

Where will Queen Elizabeth II be buried? A view of St. George's Chapel - Washington Post - The Washington Post

September 14, 2022 | globenewswire.com

Opto Semiconductors Market Projected to Reach $130.7 Billion By 2031: Allied Market Research - GlobeNewswire

September 14, 2022 | foxnews.com

Queen Elizabeth II's family tree: From her father King George VI to the youngest members of the royal family - Fox News

September 12, 2022 | cnn.com

Queen Elizabeth II's state funeral: How the royal family will say goodbye to their matriarch - CNN

September 11, 2022 | washingtonpost.com

Queen Elizabeth II had 4 children, 8 grandchildren: Her family tree - The Washington Post

September 8, 2022 | nytimes.com

Queen Elizabeth II Dies; King Charles III Is Britain’s New Monarch: Latest News - The New York Times

September 8, 2022 | washingtonpost.com

The day Elizabeth became queen in a treehouse in Kenya - The Washington Post

September 8, 2022 | globenewswire.com

II-VI Changes Name to Coherent and Launches New Brand Identity - GlobeNewswire

September 8, 2022 | finance.yahoo.com

II-VI Changes Name to Coherent and Launches New Brand Identity

September 7, 2022 | finance.yahoo.com

iHeartMedia Chairman and Chief Executive Officer Bob Pittman and President, Chief Operating Officer & Chief Financial Officer Rich Bressler to Participate in the Goldman Sachs Communacopia + Technology Conference - Yahoo Finance

September 2, 2022 | finance.yahoo.com

II-VI Incorporated to Present at the Citi 2022 Global Technology Conference - Yahoo Finance

September 2, 2022 | finance.yahoo.com

II-VI Incorporated to Present at the Citi 2022 Global Technology Conference

August 31, 2022 | globenewswire.com

Fiber Optical Receivers Market 2022-2028 | Global Opportunities, Challenges, Drivers, Trends, Key Players, Regional Segmentation, Types, Applications, Developments, Business Strategies - GlobeNewswire

August 30, 2022 | seekingalpha.com

John Paulson's Paulson & Company Portfolio – Q2 2022 Update - Seeking Alpha

August 30, 2022 | benzinga.com

The Global Vertical Cavity Surface Emitting Laser Market grew USD 7,334.13 million by 2027, at a CAGR of - Benzinga

August 27, 2022 | nasdaq.com

Are Options Traders Betting on a Big Move in IIVI (IIVI) Stock? - Nasdaq

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IIVI Company Calendar

Last Earnings: 8/24/2022
Today: 9/28/2022
Next Earnings (Estimated): 11/08/2022
Fiscal Year End: 6/30/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Optical instruments & lenses
Sub-Industry: Electrical Components & Equipment
Sector: Industrial Products
Current Symbol: NASDAQ:IIVI
CUSIP: 90210410
CIK: 820318
Web: www.ii-vi.com
Phone: (724) 352-4455
Fax: 724-352-5284
Employees: 23,658
Year Founded: 1971

Price Target and Rating

Average Stock Price Forecast: $77.63
High Stock Price Forecast: $115.00
Low Stock Price Forecast: $47.00
Consensus Rating: Hold
Rating Score (0-4): 2.42
Research Coverage: 12 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.45
Trailing P/E Ratio: 28.93
Forward P/E Ratio: N/A
P/E Growth: 1
Net Income: $234.76 million
Net Margins: 7.08%
Pretax Margin: 8.50%
Return on Equity: 14.27%
Return on Assets: 5.97%

Debt

Debt-to-Equity Ratio: 0.60
Current Ratio: 3.40
Quick Ratio: 2.69

Sales & Book Value

Annual Sales: $3.32 billion
Price / Sales: 0.00
Cash Flow: N/A
Price / Cash Flow: 5.95
Book Value: $29.79 per share
Price / Book: N/A

Miscellaneous

Outstanding Shares: 130,874,000
Free Float: 127,602,000
Market Cap: $5.49 billion
Optionable: Optionable
Beta: 1.46

Social Links

Key Executives

Dr. Vincent D. Mattera Jr. (Age 66)
Ph.D., Board Chair & CEO
Comp: $4.85M

Mr. Walter Robert Bashaw II (Age 57)
Pres
Comp: $1.2M

Ms. Mary Jane Raymond (Age 62)
CFO & Treasurer
Comp: $1.36M

Dr. Giovanni Barbarossa Ph.D. (Age 62)
Pres of Materials Segment & Chief Strategy Officer
Comp: $1.23M

Dr. Carl J. Johnson (Age 80)
Co-Founder

Dr. Christopher S. Koeppen (Age 51)
Chief Technology Officer

Mr. Anantha Ganga
Chief Information Officer

Mr. Ronald Basso J.D. (Age 62)
Chief Legal, Compliance Officer & Company Sec.

Mr. Mark Lourie
VP of Corp. Communications

Dr. Sanjai Parthasarathi
Chief Marketing Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

IIVI Stock - Frequently Asked Questions

Should I buy or sell II-VI stock right now?: 12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for II-VI in the last year. There are currently 1 sell rating, 5 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" IIVI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IIVI, but not buy additional shares or sell existing shares.
View IIVI analyst ratings or view top-rated stocks.
What is II-VI's stock price forecast for 2022?: 12 Wall Street analysts have issued 12 month price objectives for II-VI's stock. Their IIVI share price forecasts range from $47.00 to $115.00. On average, they expect the company's stock price to reach $77.63 in the next twelve months.
View analysts price targets for IIVI or view top-rated stocks among Wall Street analysts.
When is II-VI's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 8th 2022.
View our IIVI earnings forecast.
How were II-VI's earnings last quarter?: II-VI Incorporated (NASDAQ:IIVI) posted its quarterly earnings results 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 revenue for the quarter was up 9.7% compared to the same quarter last year. During the same quarter last year, the business earned $0.75 EPS.
What guidance has II-VI issued on next quarter's earnings?: II-VI updated its first quarter 2023 earnings guidance on Tuesday, September, 20th. The company provided earnings per share guidance of $0.77-$0.90 for the period, compared to the consensus earnings per share estimate of $0.96. The company issued revenue guidance of $1.30 billion-$1.40 billion, compared to the consensus revenue estimate of $1.02 billion.
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).
What is II-VI's stock symbol?: II-VI trades on the NASDAQ under the ticker symbol "IIVI."
Who are II-VI's major shareholders?: II-VI's stock is owned by many different retail and institutional investors. Top institutional shareholders include Walleye Trading LLC (0.00%), Waters Parkerson & CO. LLC (0.37%), Twin Tree Management LP (0.00%), Rhumbline Advisers (0.29%), Braun Stacey Associates Inc. (0.27%) and Citadel Advisors LLC (0.00%). Insiders that own company stock include Christopher Koeppen, Enrico Digirolomo, Francis J Kramer, Francis J Kramer, Giovanni Barbarossa, Howard H Xia, Jo Anne Schwendinger, Joseph J Corasanti, Marc Y E Pelaez, Mary Jane Raymond, Vincent D Mattera Jr and Walter Robert Bashaw II.
View institutional ownership trends.
How do I buy shares of II-VI?: Shares of IIVI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
How much money does II-VI make?: II-VI (NASDAQ:IIVI) has a market capitalization of $0.00 and generates $3.32 billion in revenue each year. The scientific and technical instruments company earns $234.76 million in net income (profit) each year or $1.45 on an earnings per share basis.
How many employees does II-VI have?: The company employs 23,658 workers across the globe.
Does II-VI have any subsidiaries?: The following companies are subsidiares of II-VI: ANADIGICS, Aegis Lightwave, Ascatron, CoAdna Photonics Inc., Finisar, Finisar Corporation, Finisar Malaysia Sdn. Bhd., Finisar Sherman RE Holdco LLC, Finisar Wuxi, Fuzhou Photop Optics Co. Ltd., HIGHYAG Lasertechnologie, II-VI Advanced Materials Inc., II-VI Aerospace & Defense Inc., II-VI Compound Semiconductors Limited, II-VI Delaware Inc., II-VI Holdings B.V., II-VI Japan Incorporated, II-VI Laser Enterprise GmbH, II-VI Laser Enterprise Ltd., II-VI Photonics (Shenzhen) Inc., II-VI Photonics Inc., II-VI Singapore Pte. Ltd., II-VI Vietnam Co. Ltd., Integrated Photonics, Kaiam Laser Ltd., LightWorks Optics, M Cubed Technologies, M Cubed Technologies Inc., Marlow Industries, Marlow Industries Inc., Max Levy Autograph, Oclaro Switzerland, Optimal Coatech (Guangzhou) Co. Ltd., Pacific Rare Specialty Metals & Chemicals, Photop Technologies, and Photop Technologies Inc..
Read More
How can I contact II-VI?: II-VI's mailing address is 375 SAXONBURG BOULEVARD, SAXONBURG PA, 16056. The official website for the company is www.ii-vi.com. The scientific and technical instruments company can be reached via phone at (724) 352-4455, via email at info@ii-vi.com, or via fax at 724-352-5284.

This page (NASDAQ:IIVI) was last updated on 9/28/2022 by MarketBeat.com Staff

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II-VI - IIVI Stock Forecast, Price & News

II-VI MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows