II-VI - IIVI Stock Forecast, Price & News

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for II-VI in the last twelve months. There are currently 1 sell rating, 5 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street 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.

12 brokerages have issued 12-month target prices for II-VI's shares. Their IIVI share price forecasts range from $47.00 to $115.00. On average, they predict the company's share price to reach $77.63 in the next year. This suggests a possible upside of 85.0% from the stock's current price.
View analysts price targets for IIVI or view top-rated stocks among Wall Street analysts.

II-VI's stock was trading at $68.33 at the beginning of the year. Since then, IIVI shares have decreased by 38.6% and is now trading at $41.95.
View the best growth stocks for 2022 here.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 8th 2022.
View our IIVI earnings forecast.

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 for the quarter, topping the consensus estimate 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%. The firm's quarterly revenue was up 9.7% on a year-over-year basis. During the same period in the prior year, the firm posted $0.75 EPS.

II-VI issued an update on 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.

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.

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).

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

II-VI's stock is owned by a variety of institutional and retail investors. Top institutional investors 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.

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.

One share of IIVI stock can currently be purchased for approximately $41.95.

II-VI (NASDAQ:IIVI) has a market capitalization of $5.49 billion 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.

The company employs 23,658 workers across the globe.

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.