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, which equates to a potential upside of 34.95 percent. The most pessimistic price target was 35.75, which equates to a potential downside of -3.51 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Analysts have revised their earnings estimates downwards for this quarter, by about -1.35 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -3.53 percent. Meanwhile, fiscal year estimates have been revised upwards by 1.44 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 3.36 percent.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 1 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 1 analysts that revised their FY estimates downwards.

The growth rate of IIVI's earnings is estimated by analysts to be 21.85 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. IIVI has a PEG ratio of 1.4.

IIVI has a 52-week high of 41.10 and a 52-week low of 19.90. 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 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.