NASDAQ:IVAC - Intevac Stock Price, Forecast & News

Intevac trades on the NASDAQ under the ticker symbol "IVAC."

Intevac declared that its Board of Directors has initiated a share buyback program on Monday, August 20th 2018, which allows the company to buyback $10,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy up to 8.8% of its stock through open market purchases. Stock buyback programs are often an indication that the company's leadership believes its stock is undervalued.

Intevac, Inc. (NASDAQ:IVAC) announced its quarterly earnings data on Monday, October, 28th. The electronics maker reported ($0.02) earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.07) by $0.05. The electronics maker earned $26.30 million during the quarter, compared to the consensus estimate of $25 million. Intevac had a negative return on equity of 2.38% and a net margin of 5.65%. View Intevac's Earnings History.

Intevac is scheduled to release their next quarterly earnings announcement on Wednesday, January 29th 2020. View Earnings Estimates for Intevac.

2 brokerages have issued 12-month price objectives for Intevac's stock. Their forecasts range from $7.00 to $7.00. On average, they anticipate Intevac's share price to reach $7.00 in the next year. This suggests a possible upside of 15.9% from the stock's current price. View Analyst Price Targets for Intevac.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Intevac in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Intevac.

News articles about IVAC stock have trended very negative on Sunday, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news 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 five, with scores nearest to five being the most favorable. Intevac earned a daily sentiment score of -3.0 on InfoTrie's scale. They also assigned news stories about the electronics maker a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the near future. View News Stories for Intevac.

Intevac saw a increase in short interest during the month of November. As of November 15th, there was short interest totalling 74,500 shares, an increase of 19.8% from the October 31st total of 62,200 shares. Based on an average trading volume of 31,000 shares, the days-to-cover ratio is presently 2.4 days. Currently, 0.3% of the shares of the stock are sold short. View Intevac's Current Options Chain.

Some companies that are related to Intevac include Western Digital (WDC), NetApp (NTAP), Synaptics (SYNA), Immersion (IMMR) and HGST Technologies Santa Ana (STEC).

Based on aggregate information from My MarketBeat watchlists, some companies that other Intevac investors own include Intelsat (I), Advanced Micro Devices (AMD), Cypress Semiconductor (CY), Micron Technology (MU), Nabors Industries (NBR), Bank of America (BAC), Intel (INTC), Momo (MOMO), Starbucks (SBUX) and Zynga (ZNGA).

Intevac's stock is owned by many different of retail and institutional investors. Top institutional investors include Essex Investment Management Co. LLC (1.43%), Millennium Management LLC (0.08%), Tower Research Capital LLC TRC (0.04%) and Public Employees Retirement System of Ohio (0.04%). Company insiders that own Intevac stock include April Fund Ltd 21, David S Dury, James P Moniz, Timothy Justyn and Wendell Thomas Blonigan. View Institutional Ownership Trends for Intevac.

IVAC stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Essex Investment Management Co. LLC and Public Employees Retirement System of Ohio. Company insiders that have sold Intevac company stock in the last year include Timothy Justyn and Wendell Thomas Blonigan. View Insider Buying and Selling for Intevac.

IVAC stock was acquired by a variety of institutional investors in the last quarter, including Tower Research Capital LLC TRC. Company insiders that have bought Intevac stock in the last two years include April Fund Ltd 21, David S Dury, James P Moniz and Wendell Thomas Blonigan. View Insider Buying and Selling for Intevac.

Shares of IVAC 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 IVAC stock can currently be purchased for approximately $6.04.

Intevac has a market capitalization of $140.31 million and generates $95.11 million in revenue each year. The electronics maker earns $3.58 million in net income (profit) each year or ($0.19) on an earnings per share basis. Intevac employs 250 workers across the globe.View Additional Information About Intevac.

The official website for Intevac is http://www.intevac.com/.

Intevac's mailing address is 3560 BASSETT STREET, SANTA CLARA CA, 95054. The electronics maker can be reached via phone at 408-986-9888.