NASDAQ:IVAC - Intevac Stock Price, News, & Analysis

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$4.66 -0.04 (-0.85 %)
(As of 12/17/2018 02:18 AM ET)
Previous Close$4.66
Today's Range$4.65 - $4.7528
52-Week Range$4.21 - $7.55
Volume32,286 shs
Average Volume52,925 shs
Market Capitalization$106.31 million
P/E Ratio27.41
Dividend YieldN/A
Beta0.92
Intevac, Inc. provides vacuum deposition equipment for various thin-film applications, and digital night-vision technologies and products to the defense industry in the United States, Asia, Europe, and internationally. It operates in two segments, Thin-Film Equipment and Photonics. The Thin-film Equipment segment designs, manufactures, markets, and services disk sputtering, etch and deposition, and disk lubrication systems; and offers upgrades, spares, and consumables, as well as provides process and applications support, customer training, installation, start-up assistance, and post-installation support services. It also provides INTEVAC MATRIX physical vapor deposition systems that are used in various ways in the manufacture of solar cells, including for fabricating electrical contacts and conductor, depositing reflective, and growing transparent conductive oxide layers; and INTEVAC MATRIX and ENERGi implant systems for solar photovoltaic markets. In addition, this segment offers display cover panel systems. The Photonics segment develops, manufactures, and sells digital-optical products for the capture and display of low-light images; and offers digital sensors, cameras, and systems for government applications. This segment also provides MicroVista product line of commercial compact and lightweight low-light complementary metal-oxide-semiconductor cameras, which offer high sensitivity in the ultraviolet, visible, or near infrared regions of the spectrum for use in industrial inspection, bio-medical, and scientific applications. It serves manufacturers of hard disk media, display cover panels, and solar cells, as well as the U.S. government and its agencies, allies, and contractors. The company sells its products through direct sales force and distributors. Intevac, Inc. was founded in 1990 and is headquartered in Santa Clara, California.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Special industry machinery, not elsewhere classified
Sub-IndustryComputer Storage & Peripherals
SectorComputer and Technology
Current SymbolNASDAQ:IVAC
Previous Symbol
CUSIP46114810
Phone408-986-9888

Debt

Debt-to-Equity RatioN/A
Current Ratio2.90
Quick Ratio1.84

Price-To-Earnings

Trailing P/E Ratio27.41
Forward P/E Ratio-21.18
P/E GrowthN/A

Sales & Book Value

Annual Sales$112.85 million
Price / Sales0.94
Cash Flow$0.3582 per share
Price / Cash Flow13.01
Book Value$3.79 per share
Price / Book1.23

Profitability

EPS (Most Recent Fiscal Year)$0.17
Net Income$4.11 million
Net Margins-7.30%
Return on Equity-8.00%
Return on Assets-5.63%

Miscellaneous

Employees298
Outstanding Shares22,810,000
Market Cap$106.31 million
OptionableOptionable

Intevac (NASDAQ:IVAC) Frequently Asked Questions

What is Intevac's stock symbol?

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

How will Intevac's stock buyback program work?

Intevac announced that its board has approved a stock buyback plan on Monday, August 20th 2018, which permits the company to buyback $10,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 8.8% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's board believes its stock is undervalued.

How were Intevac's earnings last quarter?

Intevac, Inc. (NASDAQ:IVAC) posted its earnings results on Monday, October, 29th. The electronics maker reported ($0.05) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.13) by $0.08. The electronics maker earned $19.47 million during the quarter, compared to analysts' expectations of $18.75 million. Intevac had a negative net margin of 7.30% and a negative return on equity of 8.00%. View Intevac's Earnings History.

When is Intevac's next earnings date?

Intevac is scheduled to release their next quarterly earnings announcement on Wednesday, January 30th 2019. View Earnings Estimates for Intevac.

What price target have analysts set for IVAC?

4 analysts have issued 12-month price objectives for Intevac's shares. Their predictions range from $5.00 to $6.50. On average, they anticipate Intevac's share price to reach $5.8333 in the next twelve months. This suggests a possible upside of 25.2% from the stock's current price. View Analyst Price Targets for Intevac.

What is the consensus analysts' recommendation for Intevac?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Intevac in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Intevac.

What are Wall Street analysts saying about Intevac stock?

Here are some recent quotes from research analysts about Intevac stock:
  • 1. Maxim Group analysts commented, "Sept Q slightly ahead of guidance on HDD tool upgrade activity, some risk to Dec Q guidance cited. Vertex progress remains the big opportunity, but timing and shape of ramp remains highly uncertain, in our view. Maintaining Hold Rating." (10/30/2018)
  • 2. According to Zacks Investment Research, "Intevac, Inc. is a leading supplier of static sputtering systems and related manufacturing equipment used to manufacture thin-film disks for computer hard disk drives. Sputtering is a complex vacuum deposition process used to deposit multiple thin-film layers on a disk. The company's primary objective is to be the industry leader in supplying disk sputtering equipment by providing disk sputtering systems which have both the highest overall performance and the lowest cost of ownership in the industry. " (10/30/2018)

Has Intevac been receiving favorable news coverage?

Press coverage about IVAC stock has been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Intevac earned a media sentiment score of 1.0 on InfoTrie's scale. They also gave media headlines about the electronics maker a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Who are some of Intevac's key competitors?

Who are Intevac's key executives?

Intevac's management team includes the folowing people:
  • Mr. Wendell T. Blonigan, Pres, CEO & Director (Age 56)
  • Mr. James P. Moniz, Exec. VP of Fin. & Admin., CFO, Treasurer & Sec. (Age 61)
  • Mr. Andrés Brugal, Exec. VP & GM of Photonics (Age 60)
  • Mr. Jay C. Cho, Exec. VP & GM of the Thin Film Equipment (Age 53)
  • Mr. Timothy Justyn, Sr. VP of Global Operations (Age 55)

Who are Intevac's major shareholders?

Intevac's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Royce & Associates LP (8.18%), Dimensional Fund Advisors LP (5.84%), Vanguard Group Inc. (4.72%), Vanguard Group Inc (4.72%), Schneider Capital Management Corp (1.99%) and Renaissance Technologies LLC (1.93%). Company insiders that own Intevac stock include April Fund Ltd 21, David S Dury and Wendell Thomas Blonigan. View Institutional Ownership Trends for Intevac.

Which major investors are selling Intevac stock?

IVAC stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC. View Insider Buying and Selling for Intevac.

Which major investors are buying Intevac stock?

IVAC stock was bought by a variety of institutional investors in the last quarter, including Royce & Associates LP, Dimensional Fund Advisors LP, Ancora Advisors LLC, JPMorgan Chase & Co., Schneider Capital Management Corp, Vanguard Group Inc and Vanguard Group Inc.. Company insiders that have bought Intevac stock in the last two years include April Fund Ltd 21, David S Dury and Wendell Thomas Blonigan. View Insider Buying and Selling for Intevac.

How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.

What is Intevac's stock price today?

One share of IVAC stock can currently be purchased for approximately $4.66.

How big of a company is Intevac?

Intevac has a market capitalization of $106.31 million and generates $112.85 million in revenue each year. The electronics maker earns $4.11 million in net income (profit) each year or $0.17 on an earnings per share basis. Intevac employs 298 workers across the globe.

What is Intevac's official website?

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

How can I contact Intevac?

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


MarketBeat Community Rating for Intevac (NASDAQ IVAC)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  260 (Vote Outperform)
Underperform Votes:  258 (Vote Underperform)
Total Votes:  518
MarketBeat's community ratings are surveys of what our community members think about Intevac and other stocks. Vote "Outperform" if you believe IVAC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe IVAC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/17/2018 by MarketBeat.com Staff

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