NASDAQ:IVACIntevac Stock Price, Forecast & News

Intevac's stock was trading at $4.75 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, IVAC shares have increased by 13.1% and is now trading at $5.37. View which stocks have been most impacted by Coronavirus.

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

Intevac is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Intevac.

Intevac, Inc. (NASDAQ:IVAC) issued its quarterly earnings data on Monday, April, 27th. The electronics maker reported ($0.05) earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.13) by $0.08. The electronics maker earned $18.84 million during the quarter, compared to analyst estimates of $18.20 million. Intevac had a net margin of 2.25% and a return on equity of 2.51%. View Intevac's earnings history.

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

Intevac updated its first quarter 2020 After-Hours earnings guidance on Monday, March, 23rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $18.5-18.5 million, compared to the consensus revenue estimate of $18.35 million.

1 brokerages have issued twelve-month price objectives for Intevac's shares. Their forecasts range from $5.00 to $5.00. On average, they anticipate Intevac's share price to reach $5.00 in the next twelve months. This suggests that the stock has a possible downside of 6.9%. View analysts' price targets for Intevac.

Press coverage about IVAC stock has been trending somewhat negative on Friday, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Intevac earned a news impact score of -1.9 on InfoTrie's scale. They also assigned press coverage about the electronics maker a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutIntevac.

Intevac saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 53,200 shares, an increase of 18.5% from the April 30th total of 44,900 shares. Based on an average trading volume of 79,000 shares, the short-interest ratio is presently 0.7 days. Currently, 0.2% of the shares of the company 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). View all competitors.

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

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

Intevac's stock is owned by a number of retail and institutional investors. Top institutional investors include Northern Right Capital Management L.P. (3.93%), Needham Investment Management LLC (2.89%), Essex Investment Management Co. LLC (1.40%), Schneider Capital Management Corp (1.19%), Teton Advisors Inc. (0.94%) and Geode Capital Management LLC (0.69%). Company insiders that own Intevac stock include David S Dury, James P Moniz, Jay Cho, Lp Bleichroeder, 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 Bleichroeder LP, Schneider Capital Management Corp, Northern Right Capital Management L.P., Two Sigma Investments LP, JPMorgan Chase & Co., Essex Investment Management Co. LLC, Teton Advisors Inc., and Alambic Investment Management L.P.. Company insiders that have sold Intevac company stock in the last year include Jay Cho, and Lp Bleichroeder. View insider buying and selling activity for Intevac.

IVAC stock was bought by a variety of institutional investors in the last quarter, including Needham Investment Management LLC, Penbrook Management LLC, Acadian Asset Management LLC, Paradigm Capital Management Inc. NY, WINTON GROUP Ltd, King Luther Capital Management Corp, Geode Capital Management LLC, and Jane Street Group LLC. Company insiders that have bought Intevac stock in the last two years include David S Dury, James P Moniz, and Wendell Thomas Blonigan. View insider buying and selling activity 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 $5.37.

Intevac has a market capitalization of $126.14 million and generates $108.89 million in revenue each year. The electronics maker earns $1.15 million in net income (profit) each year or $0.05 on an earnings per share basis. Intevac employs 250 workers across the globe.

The official website for Intevac is 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.