Intevac (IVAC) Earns News Sentiment Score of 0.10
Headlines about Intevac (NASDAQ:IVAC) have been trending somewhat positive on Tuesday, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by reviewing more than 20 million blog and news 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 news impact score of 0.10 on Accern’s scale. Accern also assigned media coverage about the electronics maker an impact score of 45.7664256237829 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Several analysts have weighed in on IVAC shares. Zacks Investment Research raised Intevac from a “hold” rating to a “buy” rating and set a $13.00 target price on the stock in a research note on Monday, July 17th. Roth Capital set a $14.00 target price on Intevac and gave the company a “buy” rating in a research note on Friday, July 28th. Noble Financial reaffirmed 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 note on Tuesday, August 1st. Finally, BidaskClub raised Intevac from a “sell” rating to a “hold” rating in a research note on Wednesday, July 12th. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $13.60.
Shares of Intevac (NASDAQ:IVAC) opened at 8.40 on Tuesday. The stock has a 50 day moving average price of $9.06 and a 200-day moving average price of $11.46. The company has a market cap of $182.97 million, a P/E ratio of 34.01 and a beta of 1.05. Intevac has a 1-year low of $5.60 and a 1-year high of $14.15.
Intevac (NASDAQ:IVAC) last issued its quarterly earnings data on Monday, July 31st. The electronics maker reported $0.05 earnings per share (EPS) for the quarter. The firm had revenue of $31.00 million during the quarter, compared to the consensus estimate of $28.76 million. Intevac had a net margin of 4.68% and a return on equity of 7.29%. The business’s revenue for the quarter was up 108.1% compared to the same quarter last year. During the same period last year, the business posted ($0.18) earnings per share. Analysts predict that Intevac will post $0.12 earnings per share for the current fiscal year.
Intevac Company Profile
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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