News stories about Intevac (NASDAQ:IVAC) have been trending somewhat positive this week, Accern Sentiment reports. Accern ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Intevac earned a coverage optimism score of 0.13 on Accern’s scale. Accern also assigned media headlines about the electronics maker an impact score of 45.5942084239114 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Several equities research analysts recently commented on the company. B. Riley reiterated a “buy” rating and issued a $16.00 price objective on shares of Intevac in a report on Sunday, August 6th. Zacks Investment Research upgraded Intevac from a “hold” rating to a “buy” rating and set a $11.00 price target for the company in a research note on Wednesday, August 2nd. Noble Financial restated a “hold” rating on shares of Intevac in a research note on Wednesday, August 2nd. Benchmark Co. reaffirmed a “hold” rating on shares of Intevac in a research report on Tuesday, August 1st. Finally, Roth Capital set a $14.00 price objective on Intevac and gave the company a “buy” rating in a research report on Friday, July 28th. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Intevac currently has an average rating of “Buy” and a consensus price target of $13.60.
Intevac (IVAC) traded down 2.33% on Friday, reaching $8.40. The company had a trading volume of 146,483 shares. The stock’s 50 day moving average is $9.14 and its 200-day moving average is $11.46. Intevac has a 1-year low of $5.60 and a 1-year high of $14.15. The stock has a market capitalization of $182.97 million, a P/E ratio of 34.01 and a beta of 1.05.
Intevac (NASDAQ:IVAC) last issued its quarterly earnings results on Monday, July 31st. The electronics maker reported $0.05 earnings per share (EPS) for the quarter. Intevac had a return on equity of 7.29% and a net margin of 4.68%. The firm had revenue of $31.00 million for the quarter, compared to analysts’ expectations of $28.76 million. During the same quarter in the previous year, the firm posted ($0.18) EPS. The firm’s revenue for the quarter was up 108.1% on a year-over-year basis. On average, equities analysts predict that Intevac will post $0.12 EPS for the current fiscal year.
Intevac, Inc (Intevac) is a provider of vacuum deposition equipment for a range of thin-film applications, and digital night-vision technologies and products to the defense industry. The Company’s segments include Thin-film Equipment and Photonics. The Company designs, manufactures, markets and services capital equipment used to deposit thin films and lubricants onto substrates to produce magnetic disks that are used in hard disk drives.
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