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

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$33.67 +0.08 (+0.24 %)
(As of 01/16/2019 04:00 PM ET)
Previous Close$33.67
Today's Range$33.25 - $34.04
52-Week Range$29.31 - $53.08
Volume25,220 shs
Average Volume729,296 shs
Market Capitalization$2.15 billion
P/E Ratio19.47
Dividend YieldN/A
Beta0.81
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. It has strategic collaboration with Sumitomo Electric Device Innovations, Inc. to establish vertically integrated wafer fabrication platform. II-VI Incorporated was founded in 1971 and is headquartered in Saxonburg, Pennsylvania.

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Industry, Sector and Symbol

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

Debt

Current Ratio3.63
Quick Ratio2.45

Price-To-Earnings

Sales & Book Value

Annual Sales$1.16 billion
Price / Sales1.85
Cash Flow$3.0805 per share
Price / Cash Flow10.93
Book Value$16.38 per share
Price / Book2.06

Profitability

Net Income$88 million
Net Margins7.68%
Return on Assets6.24%

Miscellaneous

Employees11,443
Market Cap$2.15 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) posted its quarterly earnings results on Thursday, November, 1st. The scientific and technical instruments company reported $0.56 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.56. The scientific and technical instruments company had revenue of $314.40 million for the quarter, compared to the consensus estimate of $310.92 million. II-VI had a return on equity of 10.89% and a net margin of 7.68%. The business's revenue was up 20.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.32 EPS. 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 issued an update on 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 EPS 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 12 month price objectives for II-VI's stock. Their predictions range from $40.00 to $64.00. On average, they expect II-VI's stock price to reach $50.8182 in the next twelve months. This suggests a possible upside of 50.4% 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 1 sell rating, 2 hold ratings and 8 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 coverage about IIVI stock has been trending somewhat negative recently, according to InfoTrie Sentiment. The research group scores the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. II-VI earned a daily sentiment score of -1.2 on InfoTrie's scale. They also assigned media stories about the scientific and technical instruments company a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect 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 63)
  • Ms. Mary Jane Raymond, CFO, Treasurer & Assistant Sec. (Age 59)
  • Mr. Gary Alan Kapusta, Chief Operating Officer (Age 59)
  • Dr. Giovanni Barbarossa, CTO & Pres of Laser Solutions Segment (Age 59)
  • Ms. Jo Anne Schwendinger, Chief Legal & Compliance Officer and Sec. (Age 64)

Who are II-VI's major shareholders?

II-VI's stock is owned by many different of retail and institutional investors. Top institutional investors include DNB Asset Management AS (0.44%), Scout Investments Inc. (0.26%), Louisiana State Employees Retirement System (0.04%) and State of Alaska Department of Revenue (0.03%). 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 Louisiana State Employees Retirement System and Scout Investments Inc.. Company insiders that have sold II-VI company stock in the last year include David G Wagner, Francis J Kramer, 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 acquired by a variety of institutional investors in the last quarter, including DNB Asset Management AS and State of Alaska Department of Revenue. 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 $33.78.

How big of a company is II-VI?

II-VI has a market capitalization of $2.15 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:  311 (Vote Outperform)
Underperform Votes:  272 (Vote Underperform)
Total Votes:  583
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 1/16/2019 by MarketBeat.com Staff

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