NASDAQ:INVE - Identiv Stock Price, Forecast & News

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

Identiv Inc (NASDAQ:INVE) announced its quarterly earnings data on Thursday, November, 7th. The technology company reported $0.05 earnings per share (EPS) for the quarter, beating 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 prior 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 2019 After-Hours earnings guidance on Thursday, January, 30th. The company provided earnings per share guidance of -0.15--0.14 for the period, compared to the Thomson Reuters consensus estimate of $0.02. The company issued revenue guidance of $83.5-83.6 million, compared to the consensus revenue estimate of $89.07 million.

7 brokerages have issued 12-month price objectives for Identiv's shares. Their forecasts range from $7.00 to $11.00. On average, they anticipate Identiv's stock price to reach $8.33 in the next twelve months. This suggests a possible upside of 65.7% from the stock's current price. View Analyst Price Targets for Identiv.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Identiv in the last year. There are currently 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Identiv.

Media headlines about INVE stock have been trending extremely negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Identiv earned a news sentiment score of -4.2 on InfoTrie's scale. They also assigned media stories about the technology company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Identiv.

Identiv saw a increase in short interest in January. As of January 15th, there was short interest totalling 63,100 shares, an increase of 12.1% from the December 31st total of 56,300 shares. Based on an average trading volume of 51,000 shares, the days-to-cover ratio is presently 1.2 days. Approximately 0.4% of the shares of the company are sold short. View Identiv's Current Options Chain.

Some companies that are related to Identiv include 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 Royce & Associates LP (4.41%), Essex Investment Management Co. LLC (3.33%), Renaissance Technologies LLC (2.96%), Heartland Advisors Inc. (2.29%), Perritt Capital Management Inc. (0.58%) and Penbrook Management LLC (0.52%). Company insiders that own Identiv stock include Gary Kremen, Lp Bleichroeder and Steven Humphreys. View Institutional Ownership Trends for Identiv.

INVE stock was sold by a variety of institutional investors in the last quarter, including Granite Investment Partners LLC, Essex Investment Management Co. LLC, Royce & Associates LP and Mesirow Financial Investment Management Inc.. View Insider Buying and Selling for Identiv.

INVE stock was bought by a variety of institutional investors in the last quarter, including Heartland Advisors Inc., Perritt Capital Management Inc., Penbrook Management LLC, Renaissance Technologies LLC, Acadian Asset Management LLC, UBS Group AG and Geode Capital Management LLC. Company insiders that have bought Identiv stock in the last two years include Gary Kremen, Lp Bleichroeder 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 $5.03.

Identiv has a market capitalization of $84.96 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]