Favorable News Coverage Somewhat Unlikely to Affect Intevac (IVAC) Share Price
Headlines about Intevac (NASDAQ:IVAC) have been trending positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Intevac earned a daily sentiment score of 0.25 on Accern’s scale. Accern also gave news headlines about the electronics maker an impact score of 45.3336228390463 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the news headlines that may have impacted Accern’s analysis:
- Edited Transcript of IVAC earnings conference call or presentation 31-Jul-17 8:30pm GMT (finance.yahoo.com)
- $0.01 EPS Expected for Intevac, Inc. (NASDAQ:IVAC) This Quarter (americanbankingnews.com)
- Intevac, Inc. (IVAC) Receives Average Recommendation of “Buy” from Brokerages (americanbankingnews.com)
- Analyzing EnPro Industries (NPO) & Intevac (IVAC) (americanbankingnews.com)
Several research firms recently commented on IVAC. BidaskClub raised Intevac from a “sell” rating to a “hold” rating in a research note on Wednesday, July 12th. Roth Capital set a $14.00 target price on Intevac and gave the stock a “buy” rating in a research note on Friday, July 28th. Maxim Group reissued a “buy” rating and set a $15.00 target price on shares of Intevac in a research note on Tuesday, May 2nd. Zacks Investment Research cut Intevac from a “buy” rating to a “hold” rating in a research note on Tuesday, July 18th. Finally, B. Riley reissued a “buy” rating and set a $16.00 target price on shares of Intevac in a research note on Tuesday, August 1st. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $13.60.
Intevac (IVAC) opened at 9.10 on Monday. Intevac has a 1-year low of $5.60 and a 1-year high of $14.15. The firm has a market capitalization of $198.22 million, a PE ratio of 36.84 and a beta of 1.02. The company’s 50-day moving average price is $10.93 and its 200 day moving average price is $11.63.
Intevac (NASDAQ:IVAC) last released its quarterly earnings data on Monday, July 31st. The electronics maker reported $0.05 EPS for the quarter. Intevac had a return on equity of 7.29% and a net margin of 4.68%. The company had revenue of $31 million for the quarter, compared to analyst estimates of $28.76 million. During the same period last year, the company posted ($0.18) earnings per share. The firm’s revenue was up 108.1% compared to the same quarter last year. On average, equities analysts anticipate that Intevac will post $0.12 EPS for the current 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.
Receive News & Ratings for Intevac Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intevac Inc. and related companies with MarketBeat.com's FREE daily email newsletter.