Analyst Ratings for II-VI Inc. (IIVI)

Updated: 2017-07-27

II-VI Inc. (NASDAQ:IIVI) was awarded an average rating of Buy from investment analysts following the stock. Last month, IIVI received an average rating of Buy.

4 analysts declared IIVI a buy, 0 issued an overweight rating, 0 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 1 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

Several price targets were given for IIVI by the analysts covering the stock. The maximum price target given was 50, implying a possible profit of 34.95 percent. The minimum price target given was 35.75, which equates to a potential downside of -3.51 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Analysts have revised their earnings estimates downwards for this quarter, by about -1.35 percent on average, compared to last month. That number becomes -3.53 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 1.44 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 3.36 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 1 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 1 analysts decreased their estimates.

The growth rate of IIVI's earnings is estimated by analysts to be 21.85 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. IIVI has a PEG ratio of 1.4.

In the last 52-weeks, IIVI has achieved a high of 41.10 and a low of 19.90. The current market price is above the trailing year's low by 86.18 percent, and below the high by 9.85 percent. IIVI has a P/E ratio of 30.62. Investors typically compare the P/E ratio to a company's peers in the industry. The IIVI value stock report compares IIVI to some of its peers using value stock charts. The stock has a market capitalization of $2.43 billion. IIVI will post this quarters earnings in days, on 0000-00-00.