Intevac (IVAC) Receives Coverage Optimism Rating of 0.13

News headlines about Intevac (NASDAQ:IVAC) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Intevac earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave news headlines about the electronics maker an impact score of 45.0334571401832 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Shares of Intevac (NASDAQ IVAC) traded down $0.05 during mid-day trading on Monday, reaching $7.40. 153,800 shares of the company’s stock traded hands, compared to its average volume of 171,954. The stock has a market cap of $161.24, a PE ratio of 24.67 and a beta of 0.85. Intevac has a 1-year low of $6.15 and a 1-year high of $14.15.

Intevac (NASDAQ:IVAC) last announced its quarterly earnings results on Monday, October 30th. The electronics maker reported $0.04 EPS for the quarter. The business had revenue of $26.70 million for 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 business’s quarterly revenue was up 18.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.02) EPS. equities research analysts predict that Intevac will post 0.12 earnings per share for the current fiscal year.

A number of research firms recently weighed in on IVAC. B. Riley restated a “buy” rating and set a $16.00 target price on shares of Intevac in a research note on Sunday, August 6th. Zacks Investment Research cut shares of Intevac from a “buy” rating to a “hold” rating in a research note on Wednesday, September 27th. Noble Financial upgraded shares of Intevac from a “hold” rating to a “buy” rating in a research note on Tuesday, October 31st. Benchmark restated a “hold” rating on shares of Intevac in a research note on Tuesday, October 31st. Finally, Maxim Group restated a “buy” rating and set a $13.00 target price on shares of Intevac in a research note on Wednesday, October 11th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target 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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