II-VI Incorporated

IIVI-Q

NASDAQ:IIVI

68.09
0.63 (0.93%)
II-VI Incorporated is a manufacturer of optical materials and semiconductors. As of 2020, the company had 22,969 employees and their stock is listed at Nasdaq under the ticker symbol IIVI.
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Analysis and Opinions about IIVI-Q

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TOP PICK
TOP PICK
June 3, 2021
Stockchase Research Editor: Michael O'Reilly IIVI is a maker of industrial optic and laser components and is very well positioned to benefit from 5G rollout, cloud migration, and EVs. This will be particularly true following its merger with another laser maker, which is subject to a shareholder vote June 24. Recently reported earnings of $0.91 EPS, beat analyst expectations. Revenues rose 25% and the company reports a backlog of orders exceeding $1.1 billion. The company has been adding cash reserves, which now is estimated over $1.4 billion. It trades at 29x earnings, compared to peers at 42x. We would buy this with a stop loss at $50, looking to achieve $90 -- upside potential over 32%. Yield 0% (Analysts’ price target is $90.00)
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Stockchase Research Editor: Michael O'Reilly IIVI is a maker of industrial optic and laser components and is very well positioned to benefit from 5G rollout, cloud migration, and EVs. This will be particularly true following its merger with another laser maker, which is subject to a shareholder vote June 24. Recently reported earnings of $0.91 EPS, beat analyst expectations. Revenues rose 25% and the company reports a backlog of orders exceeding $1.1 billion. The company has been adding cash reserves, which now is estimated over $1.4 billion. It trades at 29x earnings, compared to peers at 42x. We would buy this with a stop loss at $50, looking to achieve $90 -- upside potential over 32%. Yield 0% (Analysts’ price target is $90.00)
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II-VI Incorporated(IIVI-Q) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for II-VI Incorporated is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

II-VI Incorporated(IIVI-Q) Frequently Asked Questions

What is II-VI Incorporated stock symbol?

II-VI Incorporated is a American stock, trading under the symbol IIVI-Q on the NASDAQ (IIVI). It is usually referred to as NASDAQ:IIVI or IIVI-Q

Is II-VI Incorporated a buy or a sell?

In the last year, there was no coverage of II-VI Incorporated published on Stockchase.

Is II-VI Incorporated a good investment or a top pick?

II-VI Incorporated was recommended as a Top Pick by Stockchase Research on 2021-06-03. Read the latest stock experts ratings for II-VI Incorporated.

Why is II-VI Incorporated stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is II-VI Incorporated worth watching?

0 stock analysts on Stockchase covered II-VI Incorporated In the last year. It is a trending stock that is worth watching.

What is II-VI Incorporated stock price?

On 2021-06-21, II-VI Incorporated (IIVI-Q) stock closed at a price of $68.09.