Analysts See $0.36 EPS for II-VI Incorporated (IIVI)

April 17, 2018 - By Tina Thibodeau

II-VI Incorporated (NASDAQ:IIVI) LogoInvestors sentiment decreased to 0.98 in 2017 Q4. Its down 0.10, from 1.08 in 2017Q3. It dropped, as 24 investors sold II-VI Incorporated shares while 76 reduced holdings. 43 funds opened positions while 55 raised stakes. 53.88 million shares or 10.18% more from 48.90 million shares in 2017Q3 were reported.
Parkside State Bank & Tru, Missouri-based fund reported 27 shares. 4,352 were accumulated by Riverhead Cap Ltd Limited Liability Company. Texas Permanent School Fund holds 0.02% or 37,101 shares in its portfolio. Wealthtrust Axiom Limited Liability Corporation holds 10,850 shares. Proshare Advsrs Limited Liability Corp has invested 0% in II-VI Incorporated (NASDAQ:IIVI). Eqis Cap Management accumulated 11,771 shares. Price T Rowe Assocs Incorporated Md invested in 15,859 shares or 0% of the stock. The Quebec – Canada-based Pub Sector Pension Inv Board has invested 0.01% in II-VI Incorporated (NASDAQ:IIVI). 2.86M are owned by Dimensional Fund Advsrs Limited Partnership. 28,556 are owned by Aqr Capital Mngmt Lc. First Mercantile Tru accumulated 0.02% or 2,310 shares. First Interstate Bancorp accumulated 0% or 400 shares. Barclays Public Ltd Company holds 0% or 36,303 shares. Private Advisor Gru Inc Ltd Liability Com has invested 0.02% in II-VI Incorporated (NASDAQ:IIVI). Thompson Davis And Inc stated it has 5,500 shares.

Since March 20, 2018, it had 0 insider buys, and 1 sale for $378,738 activity.

Analysts expect II-VI Incorporated (NASDAQ:IIVI) to report $0.36 EPS on May, 1.They anticipate $0.01 EPS change or 2.86 % from last quarter’s $0.35 EPS. IIVI’s profit would be $22.49M giving it 29.10 P/E if the $0.36 EPS is correct. After having $0.39 EPS previously, II-VI Incorporated’s analysts see -7.69 % EPS growth. The stock decreased 4.12% or $1.8 during the last trading session, reaching $41.9. About 702,440 shares traded. II-VI Incorporated (NASDAQ:IIVI) has risen 8.25% since April 17, 2017 and is uptrending. It has underperformed by 3.30% the S&P500.

II-VI Incorporated (NASDAQ:IIVI) Ratings Coverage

Among 11 analysts covering II-VI Inc (NASDAQ:IIVI), 10 have Buy rating, 0 Sell and 1 Hold. Therefore 91% are positive. II-VI Inc had 14 analyst reports since October 31, 2017 according to SRatingsIntel. The firm has “Buy” rating by Needham given on Monday, November 13. FBR Capital upgraded the shares of IIVI in report on Tuesday, March 20 to “Buy” rating. Craig Hallum maintained the shares of IIVI in report on Wednesday, November 1 with “Buy” rating. On Friday, February 2 the stock rating was maintained by Northland Capital with “Hold”. On Tuesday, February 13 the stock rating was initiated by Piper Jaffray with “Buy”. As per Tuesday, March 20, the company rating was upgraded by B. Riley & Co. Needham maintained it with “Buy” rating and $50.0 target in Tuesday, October 31 report. The stock of II-VI Incorporated (NASDAQ:IIVI) has “Hold” rating given on Monday, January 22 by Northland Capital.

II-VI Incorporated develops, manufactures, and markets engineered materials, and optoelectronic components and devices worldwide. The company has market cap of $2.62 billion. The companyÂ’s II-VI Laser Solutions segment provides optical and electro-optical components and materials for use in high-power CO2 lasers, and fiber-delivered beam delivery systems and processing tools, as well as offers direct diode lasers for industrial lasers under the II-VI HIGHYAG and II-VI Laser Enterprise brands; compound semiconductor epitaxial wafers for optical components, wireless devices, and high-speed communication systems applications; and 6-inch gallium arsenide wafers for use in production of high performance lasers and integrated circuits under the II-VI EpiWorks and II-VI OptoElectronic Devices Division brands. It has a 31.79 P/E ratio. The Company’s II-VI Photonics segment provides crystal materials, optics, microchip lasers, and optoelectronic modules for use in optical communication networks, and other various consumer and commercial applications.

II-VI Incorporated (NASDAQ:IIVI) Institutional Positions Chart

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