39.24 0.00 (0.00%)
After hours: 4:59PM EDT
|Bid||39.22 x 1200|
|Ask||40.01 x 800|
|Day's Range||38.87 - 39.82|
|52 Week Range||29.31 - 50.75|
|Beta (3Y Monthly)||1.80|
|PE Ratio (TTM)||24.07|
|Earnings Date||Oct 30, 2019 - Nov 4, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||47.60|
Attractive stocks have exceptional fundamentals. In the case of II-VI Incorporated (NASDAQ:IIVI), there's is a company...
II-VI Inc (IIVI) files its latest 10-K with SEC for the fiscal year ended on June 30, 2019. II-VI Inc develops and manufactures engineered materials and opto-electronic components and products for precision use in industrial, optical communications, military, semiconductor and life science applications. Continue reading...
II-VI (IIVI) delivered earnings and revenue surprises of 0.00% and 3.87%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Shares of II-VI Inc. dropped 3.9% in premarket trading Tuesday, after the optical components company reported fiscal fourth-quarter earnings that beat expectations, but provided a downbeat outlook for the current first quarter. Net income for the quarter to June 30 rose to $28.0 million, or 43 cents a share, from $27.2 million, or 42 cents a share, in the same period a year ago. Excluding non-recurring items, adjusted EPS increased to 67 cents from 52 cents, above the FactSet consensus of 66 cents. Revenue grew to $362.7 million from $321.1 million, to beat the FactSet consensus of $348.0 million, with growth led by "key accounts" in its photonics business, from the optical communications markets. For the fiscal first quarter, II-VI provide guidance for revenue of $320 million to $345 million, below the FactSet consensus of $348.2 million, while adjusted EPS is guided to 55 cents to 65 cents, compared with expectations of 65 cents. The stock has rallied 10.9% over the past three months, while the S&P 500 has gained 2.5%.
Record quarterly revenues increased 6% sequentially, and 13% year-over- yearCash flows from operations of $178.5 million result in second consecutive record GAAP.
II-VI (IIVI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Synaptics Inc. snagged Michael Hurlston to be its new chief executive, after his resignation from Finisar Corp. Synaptics announced the hire Monday afternoon, after Finisar announced his departure earlier in the day amid Finisar's acquisition by II-VI Inc. Synaptics announced in May that its chief executive would leave while warning about third-quarter earnings.
SAMR’s review of the Merger is currently in Phase III, which ends on August 17, 2019. II-VI will make a subsequent announcement either when SAMR approves the Merger, or if Phase III expires and II-VI re-files in order to provide additional time for SAMR to review the transaction. II-VI Incorporated, a global leader in engineered materials and optoelectronic components, is a vertically integrated manufacturing company that develops innovative products for diversified applications in the industrial, optical communications, military, life sciences, semiconductor equipment, and consumer markets.
II-VI Incorporated (IIVI) today announced that it intends to hold a live webcast and conference call on Tuesday, August 13, 2019, at 9:00 a.m. EDT to review the Company’s fiscal 2019 fourth quarter and fiscal year end results for the period ended June 30, 2019. The call will be hosted by Mary Jane Raymond, Chief Financial Officer, and Dr. Vincent D. (Chuck) Mattera, Jr., Chief Executive Officer.
Today we'll evaluate II-VI Incorporated (NASDAQ:IIVI) to determine whether it could have potential as an investment...
Optical networking products company stocks surged in premarket trading Tuesday, as Cisco Systems Inc.'s deal to Acacia Communications Inc. for a hefty premium provided a boost. Shares of NeoPhotonics Corp. jumped 7.0% ahead of the open, Applied Optoelectronics Inc. rallied 8.9%, Lumentum Holdings Inc. climbed 3.9%, II-VI Inc. advanced 3.3% and Finisar Corp. hiked up 2.9%. The gains bucked weakness in technology sector and the broader stock market, as futures for the technology-heavy Nasdaq 100 fell 0.3% and futures for the S&P 500 declined 0.3%. Acacia's stock rocketed 37% in premarket trading, while Cisco shares fell 1.3%.
PITTSBURGH and SUNNYVALE, Calif., July 05, 2019 -- II-VI Incorporated (NASDAQ: IIVI) (“II-VI”) and Finisar Corporation (NASDAQ: FNSR) (“Finisar”) jointly announced today that,.
A prominent Pittsburgh lawyer is the new president of material and laser manufacturer II-VI Inc. Walter Bashaw II has succeeded Vincent Mattera Jr., who held the post of president since November 2014. II-VI is based in Saxonburg, about 35 miles north of Pittsburgh. Bashaw, 54, has served as senior vice president, corporate strategy and development, administration, since last October.
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
PITTSBURGH, June 20, 2019 -- II‐VI Incorporated (Nasdaq:IIVI), a global leader in engineered materials and laser solutions, today announced that it will present a series of.
II‐VI Incorporated (IIVI), a global leader in laser materials processing solutions, today introduced its new faster RLSK remote laser processing heads with integrated vision systems that enable state-of-the-art precision welds that are critical in next-generation automotive manufacturing. The increasing precision, versatility, and speed of laser processing heads, which have over time increased manufacturing efficiency, are now enabling improvements in the quality and performance of automotive vehicles. II-VI’s RLSK features a new vision system with high precision seam tracking capabilities that enable filet welds, which, compared with conventional overlap welds, save material and produce vehicles that are lighter and therefore more fuel-efficient.
II-VI's (IIVI) high power laser bars and new simplified semi-framed stack structures, along with fully automated optical alignment processes will enable it to offer modular assemblies at optimum cost.
II-VI Inc NASDAQ/NGS:IIVIView full report here! Summary * Bearish sentiment is moderate and declining * Economic output in this company's sector is contracting Bearish sentimentShort interest | NeutralShort interest is moderately high for IIVI with between 10 and 15% of shares outstanding currently on loan. However, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on June 3. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold IIVI had net inflows of $931 million over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Industrialsis falling. The rate of decline is very significant relative to the trend shown over the past year, and is accelerating. The rate of contraction may ease in the coming months, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
PITTSBURGH, June 18, 2019 -- II‐VI Incorporated (Nasdaq:IIVI), a global leader in laser materials processing solutions, today introduced its new high power laser light cables.
PITTSBURGH, June 17, 2019 -- II‐VI Incorporated (Nasdaq:IIVI), a leader in high power semiconductor lasers, today announced the introduction of its high power laser bars and.