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.
Industry, Sector and Symbol
Industry Special industry machinery, not elsewhere classified
Sub-IndustryComputer Storage & Peripherals
SectorComputer and Technology
SymbolNASDAQ:IVAC
CUSIP46114810
Phone408-986-9888
Debt
Debt-to-Equity RatioN/A
Current Ratio3.05
Quick Ratio1.87
Price-To-Earnings
Trailing P/E Ratio28.24
Forward P/E Ratio-19.60
P/E GrowthN/A
Sales & Book Value
Annual Sales$112.85 million
Price / Sales0.97
Cash Flow$0.3735 per share
Price / Cash13.12
Book Value$3.79 per share
Price / Book1.29
Profitability
EPS (Most Recent Fiscal Year)$0.17
Net Income$4.11 million
Net Margins-2.83%
Return on Equity-3.81%
Return on Assets-2.67%
Miscellaneous
Employees298
Outstanding Shares22,360,000
Intevac (NASDAQ:IVAC) Frequently Asked Questions
What is Intevac's stock symbol?
Intevac trades on the NASDAQ under the ticker symbol "IVAC."
How were Intevac's earnings last quarter?
Intevac, Inc. (NASDAQ:IVAC) released its quarterly earnings data on Monday, April, 30th. The electronics maker reported ($0.23) EPS for the quarter, hitting analysts' consensus estimates of ($0.23). The electronics maker earned $17.97 million during the quarter, compared to the consensus estimate of $17.90 million. Intevac had a negative return on equity of 3.81% and a negative net margin of 2.83%. During the same period in the prior year, the firm posted $0.08 EPS. View Intevac's Earnings History.
When is Intevac's next earnings date?
What price target have analysts set for IVAC?
5 analysts have issued 1 year price objectives for Intevac's stock. Their forecasts range from $6.50 to $14.00. On average, they anticipate Intevac's share price to reach $9.00 in the next twelve months. 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. 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. " (6/20/2018)
- 2. Maxim Group analysts commented, "Results in-line but CY18 guidance cut by 20% for Thin Film Equipment & Photonics. While oDLC 2.0 difference from oDLC 1.0 is significant, we are concerned pace with which major customer is moving is indicative that the potential will never come to fruition. Validation from a top 3 smartphone OEM, we believe Huawei (private), indicates significant value from oDLC is attainable, hence we utilize a 1x EV/ S multiple for our 12-month price target of $6.50, lowered from $12." (5/1/2018)
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, 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. Christopher Smith, VP of Bus. Devel. (Age 58)
Has Intevac been receiving favorable news coverage?
News stories about IVAC stock have trended somewhat positive this week, according to Accern. The research firm identifies negative and positive media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Intevac earned a daily sentiment score of 0.18 on Accern's scale. They also gave news headlines about the electronics maker an impact score of 47.89 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
Who are Intevac's major shareholders?
Intevac's stock is owned by many different of retail and institutional investors. Top institutional shareholders include First Eagle Investment Management LLC (18.05%), Dimensional Fund Advisors LP (4.42%), Arnhold LLC (1.31%), Pacific Ridge Capital Partners LLC (0.87%), Algert Global LLC (0.72%) and GSA Capital Partners LLP (0.58%). Company insiders that own Intevac stock include April Fund Ltd 21, David S Dury and Matthew A Drapkin. View Institutional Ownership Trends for Intevac.
Which major investors are selling Intevac stock?
Which major investors are buying Intevac stock?
IVAC stock was bought by a variety of institutional investors in the last quarter, including Arnhold LLC, Dimensional Fund Advisors LP, GSA Capital Partners LLP, First Eagle Investment Management LLC, Granite Springs Asset Management LLC, Pacific Ridge Capital Partners LLC, Shepherd Kaplan Krochuk LLC and Mackay Shields LLC. Company insiders that have bought Intevac stock in the last two years include April Fund Ltd 21, David S Dury and Matthew A Drapkin. 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 $4.90.
How big of a company is Intevac?
Intevac has a market capitalization of $105.10 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.
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 (IVAC)
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.
