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

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

II-VI, Inc. (NASDAQ:IIVI) issued its quarterly earnings results on Tuesday, November, 12th. The scientific and technical instruments company reported $0.57 EPS for the quarter, missing the consensus estimate of $0.60 by $0.03. The scientific and technical instruments company had revenue of $340.40 million for the quarter, compared to the consensus estimate of $335.73 million. II-VI had a net margin of 3.99% and a return on equity of 4.06%. The business's revenue for the quarter was up 8.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $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 30th 2020. View Earnings Estimates for II-VI.

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

14 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 $42.57 in the next twelve months. This suggests a possible upside of 18.4% from the stock's current price. View Analyst Price Targets for II-VI.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for II-VI in the last year. There are currently 5 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for II-VI.

Media headlines about IIVI stock have trended somewhat negative recently, InfoTrie Sentiment reports. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. II-VI earned a media sentiment score of -1.4 on InfoTrie's scale. They also gave news stories about the scientific and technical instruments company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several 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), Enphase Energy (ENPH), Regal Beloit (RBC), EnerSys (ENS), Brady (BRC), 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), Alibaba Group (BABA), Walt Disney (DIS), Lumentum (LITE), Verizon Communications (VZ), CVS Health (CVS), Netflix (NFLX), Square (SQ), Twilio (TWLO) and Advanced Micro Devices (AMD).

II-VI's stock is owned by a variety of of institutional and retail investors. Top institutional investors include State of Michigan Retirement System (0.95%), Strs Ohio (0.39%), California Public Employees Retirement System (0.28%), Scout Investments Inc. (0.26%), Goodman Financial Corp (0.25%) and Kopion Asset Management LLC (0.20%). 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 DNB Asset Management AS, Falcon Point Capital LLC, Arizona State Retirement System, State of Alaska Department of Revenue, New York State Teachers Retirement System, Dupont Capital Management Corp, Campbell & CO Investment Adviser LLC and Scout Investments Inc.. 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 bought by a variety of institutional investors in the last quarter, including Goodman Financial Corp, Kopion Asset Management LLC, Roubaix Capital LLC, California Public Employees Retirement System, State of Michigan Retirement System, Strs Ohio, Tocqueville Asset Management L.P. and HGK Asset Management Inc.. 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 $35.97.

II-VI has a market capitalization of $3.27 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]