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 data on Tuesday, November, 12th. The scientific and technical instruments company reported $0.57 earnings per share for the quarter, missing analysts' consensus estimates 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 return on equity of 4.06% and a net margin of 3.99%. The company's revenue was up 8.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.56 EPS. View II-VI's Earnings History.

II-VI is scheduled to release their next quarterly earnings announcement on Thursday, January 23rd 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 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 Wall Street analysts have issued 12 month price targets for II-VI's stock. Their forecasts range from $30.00 to $53.00. On average, they expect II-VI's stock price to reach $42.57 in the next year. This suggests a possible upside of 12.4% 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.

Press coverage about IIVI stock has been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. II-VI earned a media sentiment score of 1.0 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, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the near future. 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), CVS Health (CVS), Verizon Communications (VZ), Cisco Systems (CSCO), Netflix (NFLX), Baidu (BIDU) and Skyworks Solutions (SWKS).

II-VI's stock is owned by a number of of retail and institutional investors. Top institutional investors include Scout Investments Inc. (0.26%), Kopion Asset Management LLC (0.20%), Roubaix Capital LLC (0.07%), DNB Asset Management AS (0.06%), Nisa Investment Advisors LLC (0.04%) and Winfield Associates Inc. (0.03%). 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, State of Alaska Department of Revenue, Scout Investments Inc., Winfield Associates Inc., Janney Capital Management LLC and Accurate Investment Solutions 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 acquired by a variety of institutional investors in the last quarter, including Kopion Asset Management LLC, Roubaix Capital LLC, Tocqueville Asset Management L.P., Harbour Capital Advisors LLC, Boenning & Scattergood Inc., Zurcher Kantonalbank Zurich Cantonalbank , Nisa Investment Advisors LLC and Louisiana State Employees Retirement System. 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 $37.88.

II-VI has a market capitalization of $3.44 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]