NASDAQ:IVACIntevac Stock Price, Forecast & News

Intevac's stock was trading at $4.75 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, IVAC stock has increased by 10.7% and is now trading at $5.26. 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) posted its quarterly earnings data on Monday, April, 27th. The electronics maker reported ($0.05) EPS for the quarter, topping analysts' consensus estimates 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 return on equity of 2.51% and a net margin of 2.25%. View Intevac's earnings history.

Intevac declared that its board has initiated 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 repurchase up to 8.8% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's board believes its shares are undervalued.

Intevac issued an update on its first quarter 2020 After-Hours earnings guidance on Monday, March, 23rd. The company provided EPS 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 12-month price targets for Intevac's shares. Their forecasts range from $5.00 to $5.00. On average, they expect Intevac's share price to reach $5.00 in the next twelve months. This suggests that the stock has a possible downside of 4.9%. View analysts' price targets for Intevac.

News stories about IVAC stock have trended somewhat positive this week, InfoTrie Sentiment reports. The research firm identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Intevac earned a daily sentiment score of 1.6 on InfoTrie's scale. They also assigned headlines about the electronics maker a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect 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 short sold. 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 many different retail and institutional investors. Top institutional shareholders 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 acquired 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 $5.26.

Intevac has a market capitalization of $123.56 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.