NASDAQ:INVE - Identiv Stock Price, Forecast & News

Identiv trades on the NASDAQ under the ticker symbol "INVE."

Identiv Inc (NASDAQ:INVE) issued its quarterly earnings results on Thursday, November, 7th. The technology company reported $0.05 EPS for the quarter, topping the consensus estimate of $0.02 by $0.03. The technology company earned $23.03 million during the quarter, compared to analysts' expectations of $25.32 million. Identiv had a net margin of 1.21% and a return on equity of 2.96%. During the same quarter in the previous year, the company earned ($0.02) EPS. View Identiv's Earnings History.

Identiv is scheduled to release their next quarterly earnings announcement on Thursday, March 5th 2020. View Earnings Estimates for Identiv.

Identiv updated its FY 2020 After-Hours earnings guidance on Monday, November, 25th. The company provided earnings per share guidance of $0.20-0.31 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.17. The company issued revenue guidance of $$100-104 million, compared to the consensus revenue estimate of $$104.74 million.

6 Wall Street analysts have issued 12-month price objectives for Identiv's stock. Their forecasts range from $7.00 to $11.00. On average, they expect Identiv's share price to reach $8.80 in the next year. This suggests a possible upside of 44.7% from the stock's current price. View Analyst Price Targets for Identiv.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Identiv in the last year. There are currently 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Identiv.

Media headlines about INVE stock have trended extremely negative recently, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Identiv earned a media sentiment score of -4.5 on InfoTrie's scale. They also gave news articles about the technology company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the next several days. View News Stories for Identiv.

Identiv saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 63,100 shares, an increase of 12.1% from the December 15th total of 56,300 shares. Based on an average daily volume of 50,800 shares, the short-interest ratio is currently 1.2 days. Approximately 0.4% of the company's stock are short sold. View Identiv's Current Options Chain.

Some companies that are related to Identiv include Mitek Systems (MITK), Immersion (IMMR), RADCOM (RDCM), AstroNova (ALOT), TransAct Technologies (TACT), Key Tronic (KTCC), Interlink Electronics (LINK), IGO (IGOI), Hauppauge Digital (HAUP) and HTC (HTCXF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Identiv investors own include Uranium Energy (UEC), Hawkins (HWKN), Energy Transfer LP Unit (ET), CA (CA), CBL & Associates Properties (CBL), Endologix (ELGX), SandRidge Permian Trust (PER), Cornerstone Total Return Fund (CRF), Martin Midstream Partners (MMLP) and SandRidge Mississippian Trust II (SDR).

Identiv's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Penbrook Management LLC (0.52%) and Mesirow Financial Investment Management Inc. (0.38%). Company insiders that own Identiv stock include Gary Kremen and Steven Humphreys. View Institutional Ownership Trends for Identiv.

INVE stock was sold by a variety of institutional investors in the last quarter, including Mesirow Financial Investment Management Inc.. View Insider Buying and Selling for Identiv.

INVE stock was acquired by a variety of institutional investors in the last quarter, including Penbrook Management LLC. Company insiders that have bought Identiv stock in the last two years include Gary Kremen and Steven Humphreys. View Insider Buying and Selling for Identiv.

Shares of INVE 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 INVE stock can currently be purchased for approximately $6.08.

Identiv has a market capitalization of $102.69 million and generates $78.14 million in revenue each year. The technology company earns $-4,710,000.00 in net income (profit) each year or ($0.30) on an earnings per share basis. Identiv employs 273 workers across the globe.View Additional Information About Identiv.

The official website for Identiv is http://www.identiv.com/.

Identiv's mailing address is 2201 WALNUT AVENUE SUITE 100, FREMONT CA, 94538. The technology company can be reached via phone at 949-250-8888 or via email at [email protected]