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.

A number of analysts gave price targets for IIVI. The maximum price target given was 50, implying a possible profit of 34.95 percent. The most pessimistic price target was 35.75, implying potential capital losses 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.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -1.35 percent. That number becomes -3.53 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 1.44 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 3.36 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 1 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 1 analysts decreased their estimates.

IIVI has an estimated earnings growth rate of 21.85 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of IIVI is 1.4.

IIVI has traded between a high of 41.10 and a low of 19.90 over the past year. Today's price is 86.18 percent above the 52-week low, and 9.85 percent lower than its 52-week high. IIVI has a price/earnings 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 market cap of IIVI is $2.43 billion. IIVI is estimated to release their earnings results for the quarter on 0000-00-00, days from today.