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

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$36.04 +2.79 (+8.39 %)
(As of 11/14/2018 04:02 AM ET)
Previous Close$33.25
Today's Range$33.58 - $36.70
52-Week Range$31.92 - $53.08
Volume2.89 million shs
Average Volume773,069 shs
Market Capitalization$2.42 billion
P/E Ratio20.95
Dividend YieldN/A
Beta0.66
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.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Optical instruments & lenses
Sub-IndustryElectrical Components & Equipment
SectorIndustrial Products
Current SymbolNASDAQ:IIVI
Previous Symbol
CUSIP90210410
Phone724-352-4455

Debt

Debt-to-Equity Ratio0.50
Current Ratio3.63
Quick Ratio2.45

Price-To-Earnings

Trailing P/E Ratio20.95
Forward P/E Ratio20.02
P/E Growth1.24

Sales & Book Value

Annual Sales$1.16 billion
Price / Sales1.98
Cash Flow$2.9325 per share
Price / Cash12.29
Book Value$16.38 per share
Price / Book2.20

Profitability

EPS (Most Recent Fiscal Year)$1.72
Net Income$88 million
Net Margins7.68%
Return on Equity10.89%
Return on Assets6.24%

Miscellaneous

Employees11,443
Outstanding Shares63,580,000
Market Cap$2.42 billion
OptionableOptionable

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) issued its earnings results on Thursday, November, 1st. The scientific and technical instruments company reported $0.56 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.56. The scientific and technical instruments company earned $314.40 million during the quarter, compared to analysts' expectations of $310.92 million. II-VI had a net margin of 7.68% and a return on equity of 10.89%. The business's revenue for the quarter was up 20.2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.32 earnings per share. View II-VI's Earnings History.

When is II-VI's next earnings date?

II-VI is scheduled to release their next quarterly earnings announcement on Thursday, February 7th 2019. View Earnings Estimates for II-VI.

What guidance has II-VI issued on next quarter's earnings?

II-VI updated its second quarter earnings guidance on Thursday, November, 1st. The company provided EPS guidance of $0.65-0.69 for the period, compared to the Thomson Reuters consensus estimate of $0.60. The company issued revenue guidance of $333-345, compared to the consensus revenue estimate of $327.65 million.

What price target have analysts set for IIVI?

11 brokerages have issued 1 year target prices for II-VI's shares. Their predictions range from $41.00 to $64.00. On average, they expect II-VI's share price to reach $51.2727 in the next year. This suggests a possible upside of 42.3% 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 1 sell rating, 3 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for II-VI.

Has II-VI been receiving favorable news coverage?

News articles about IIVI stock have trended neutral recently, according to InfoTrie. The research group identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real-time. 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 0.3 on InfoTrie's scale. They also assigned media stories about the scientific and technical instruments company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the next few days.

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)
  • Ms. Jo Anne Schwendinger, Chief Legal & Compliance Officer and Sec. (Age 63)

Who are II-VI's major shareholders?

II-VI's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (4.32%), Bank of New York Mellon Corp (2.41%), Fort Pitt Capital Group LLC (1.65%), Robecosam AG (1.50%), Pictet Asset Management Ltd. (1.18%) and Pinnacle Associates Ltd. (0.93%). 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 major investors are selling II-VI stock?

IIVI stock was sold by a variety of institutional investors in the last quarter, including Pinnacle Associates Ltd., Emerald Mutual Fund Advisers Trust, Emerald Advisers Inc. PA, Royce & Associates LP, Victory Capital Management Inc., Loomis Sayles & Co. L P, United Services Automobile Association and Mesirow Financial Investment Management Equity Management. 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 major investors are buying II-VI stock?

IIVI stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Rice Hall James & Associates LLC, Robecosam AG, Bank of New York Mellon Corp, Eaton Vance Management, Fort Pitt Capital Group LLC, Osterweis Capital Management Inc. and First Trust Advisors LP. 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 $36.04.

How big of a company is II-VI?

II-VI has a market capitalization of $2.42 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.

What is II-VI's official website?

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

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)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  304 (Vote Outperform)
Underperform Votes:  265 (Vote Underperform)
Total Votes:  569
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.
This page was last updated on 11/14/2018 by MarketBeat.com Staff

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