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 highest price target was 50, which equates to a potential upside of 34.95 percent. The most pessimistic price target was 35.75, implying potential capital losses of -3.51 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
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. 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.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 1 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 1 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of IIVI to grow at a rate of 21.85 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, 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.
In the trailing 52-weeks, IIVI hit 41.10 at the highest peak, while it's lowest trading point was 19.90. Today's price is 86.18 percent above the 52-week low, and below the high by 9.85 percent. 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's next earnings release will be on 0000-00-00, which is days away.