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.

IIVI was given price targets by several analysts. The highest price target was 50, implying potential capital gains of 34.95 percent. The most pessimistic analyst gave a price target of 35.75, implying potential capital losses of -3.51 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -1.35 percent. The average change in earnings estimates over the last 90 days is -3.53 percent. 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. Over the past month, 0 analysts increased their quarterly estimates, while 1 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 1 analysts that revised their FY estimates downwards.

IIVI has an estimated earnings growth rate of 21.85 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of IIVI is 1.4.

In the last 52-weeks, IIVI has achieved a high of 41.10 and a low of 19.90. Today's price is 86.18 percent above the 52-week low, and 9.85 percent below the 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.