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

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

II-VI, Inc. (NASDAQ:IIVI) posted its quarterly earnings results on Tuesday, November, 12th. The scientific and technical instruments company reported $0.57 earnings per share for the quarter, missing the Zacks' 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 analysts' expectations of $335.73 million. II-VI had a return on equity of 4.06% and a net margin of 3.99%. The firm's revenue for the quarter was up 8.3% on a year-over-year basis. During the same period last year, the business earned $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 issued an update on 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 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 targets for II-VI's stock. Their forecasts range from $30.00 to $53.00. On average, they expect II-VI's share price to reach $42.57 in the next year. This suggests a possible upside of 14.2% 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 stories about IIVI stock have trended extremely negative recently, InfoTrie reports. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. II-VI earned a daily sentiment score of -4.5 on InfoTrie's scale. They also assigned media 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 stock's share price in the immediate 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), Verizon Communications (VZ), CVS Health (CVS), Baidu (BIDU), Netflix (NFLX), Cisco Systems (CSCO) and Square (SQ).

II-VI's stock is owned by a number of of retail and institutional investors. Top institutional investors include State of Michigan Retirement System (0.95%), Strs Ohio (0.39%), Scout Investments Inc. (0.26%), Kopion Asset Management LLC (0.20%), New York State Teachers Retirement System (0.12%) and Roubaix Capital LLC (0.07%). 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, State of Alaska Department of Revenue, New York State Teachers Retirement System, Campbell & CO Investment Adviser LLC, Scout Investments Inc., Winfield Associates Inc. and Janney Capital Management LLC. 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 purchased by a variety of institutional investors in the last quarter, including Kopion Asset Management LLC, Roubaix Capital LLC, State of Michigan Retirement System, Strs Ohio, Tocqueville Asset Management L.P., Harbour Capital Advisors LLC, Cubic Asset Management LLC and Sheets Smith Wealth Management. 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 $37.29.

II-VI has a market capitalization of $3.39 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]