Intevac (IVAC) Earns Media Impact Score of 0.08
Media headlines about Intevac (NASDAQ:IVAC) have trended somewhat positive on Thursday, Accern Sentiment Analysis reports. Accern scores the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Intevac earned a coverage optimism score of 0.08 on Accern’s scale. Accern also gave headlines about the electronics maker an impact score of 45.3833888281003 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Intevac (IVAC) traded up $0.15 during trading on Thursday, hitting $7.05. 142,800 shares of the stock traded hands, compared to its average volume of 173,340. The company has a market cap of $150.24, a price-to-earnings ratio of 23.00 and a beta of 0.85. Intevac has a 12-month low of $6.20 and a 12-month high of $14.15.
Intevac (NASDAQ:IVAC) last released its earnings results on Monday, October 30th. The electronics maker reported $0.04 earnings per share (EPS) for the quarter. The firm had revenue of $26.70 million during the quarter, compared to analyst estimates of $25.50 million. Intevac had a net margin of 5.97% and a return on equity of 8.80%. The business’s revenue was up 18.1% on a year-over-year basis. During the same quarter last year, the business earned ($0.02) EPS. analysts anticipate that Intevac will post 0.12 earnings per share for the current fiscal year.
A number of equities analysts have commented on IVAC shares. Maxim Group reissued a “buy” rating and issued a $12.00 price objective on shares of Intevac in a research note on Friday, October 27th. B. Riley reissued a “buy” rating and issued a $14.00 price objective on shares of Intevac in a research note on Tuesday, October 31st. Zacks Investment Research cut shares of Intevac from a “hold” rating to a “sell” rating in a research note on Wednesday, November 1st. Benchmark reissued a “hold” rating on shares of Intevac in a research note on Tuesday, October 31st. Finally, Noble Financial raised shares of Intevac from a “hold” rating to a “buy” rating in a research note on Tuesday, October 31st. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $12.60.
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Intevac, Inc (Intevac) is a provider of vacuum deposition equipment for a range of thin-film applications, and digital night-vision technologies and products to the defense industry. The Company’s segments include Thin-film Equipment and Photonics. The Company designs, manufactures, markets and services capital equipment used to deposit thin films and lubricants onto substrates to produce magnetic disks that are used in hard disk drives.
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