Intevac (IVAC) Earning Somewhat Favorable Press Coverage, Accern Reports

News articles about Intevac (NASDAQ:IVAC) have trended somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Intevac earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave headlines about the electronics maker an impact score of 45.0423323551585 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

These are some of the news headlines that may have effected Accern Sentiment’s analysis:

Intevac (IVAC) traded down $0.20 during trading on Friday, reaching $7.60. 120,962 shares of the company’s stock traded hands, compared to its average volume of 88,818. The stock has a market cap of $165.60, a PE ratio of 25.33 and a beta of 0.92. Intevac has a 12 month low of $6.15 and a 12 month high of $14.15.

Intevac (NASDAQ:IVAC) last released its quarterly earnings data on Monday, October 30th. The electronics maker reported $0.04 earnings per share (EPS) for the quarter. The company had revenue of $26.70 million during the quarter, compared to analysts’ expectations of $25.50 million. Intevac had a net margin of 5.97% and a return on equity of 8.80%. The firm’s quarterly revenue was up 18.1% on a year-over-year basis. During the same period in the previous year, the company earned ($0.02) EPS. analysts anticipate that Intevac will post 0.11 EPS for the current year.

IVAC has been the subject of a number of recent analyst reports. Roth Capital set a $14.00 price target on shares of Intevac and gave the stock a “buy” rating in a research note on Friday, July 28th. B. Riley reaffirmed a “buy” rating and set a $16.00 price target on shares of Intevac in a research note on Tuesday, August 1st. Benchmark Co. reaffirmed a “hold” rating on shares of Intevac in a research note on Tuesday, August 1st. Noble Financial reaffirmed a “hold” rating on shares of Intevac in a research note on Wednesday, August 2nd. Finally, Zacks Investment Research raised shares of 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. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $12.60.

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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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