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II-VI Incorporated (IIVI)

Stock Price: $63.64 USD 3.73 (6.23%)
Updated May 7, 2021 4:00 PM EDT - Market closed
After-hours: $64.28 +0.64 (1.01%) May 7, 7:53 PM
Market Cap 6.29B
Revenue (ttm) 2.89B
Net Income (ttm) 178.01M
Shares Out 103.73M
EPS (ttm) 1.79
PE Ratio 35.49
Forward PE 15.41
Dividend n/a
Dividend Yield n/a
Trading Day May 7
Last Price $63.64
Previous Close $59.91
Change ($) 3.73
Change (%) 6.23%
Day's Open 60.51
Day's Range 59.92 - 64.40
Day's Volume 2,701,975
52-Week Range 34.60 - 100.44

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II-VI (IIVI) delivered earnings and revenue surprises of 3.41% and 1.35%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

1 day ago - Zacks Investment Research

Shares of II-VI (NASDAQ:IIVI) decreased 1.5% in pre-market trading after the company reported Q3 results. Quarterly Results Earnings per share were up 93.62% year over year to $0.91, which beat the esti...

2 days ago - Benzinga

PITTSBURGH, May 06, 2021 (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq:IIVI) ("II-VI," “We” or the "Company") today reported results for its fiscal 2021 third quarter ended March 31, 2021.

2 days ago - GlobeNewsWire

II-VI's (IIVI) Q3 results are likely to reflect benefits from solid demand, gains from acquired assets and healthy backlog. However, any rise in costs and expenses is expected to have ailed.

2 days ago - Zacks Investment Research

Apple. Inc.'s (NASDAQ: AAPL) flagship product — the iPhone — earned more than half of the company's total revenues in the fiscal year second quarter. It's no wonder the company is pulling out all stops ...

Other stocks mentioned: AAPL
2 days ago - Benzinga

CUPERTINO, Calif.--(BUSINESS WIRE)--Apple® today announced a new $410 million award from its Advanced Manufacturing Fund for II-VI, a leading manufacturer of optical technology. Today's award builds on ...

Other stocks mentioned: AAPL
3 days ago - Business Wire

II-VI (IIVI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 week ago - Zacks Investment Research

Value investors may want to consider the stocks listed below, as they have low price-sales ratios, good profitability and stable financial situations.

Other stocks mentioned: CIEN, UFPI
1 week ago - GuruFocus

II-VI invited to present at Battery 500 Consortium workshop on next-generation lithium metal batteries II-VI invited to present at Battery 500 Consortium workshop on next-generation lithium metal batteries

1 week ago - GlobeNewsWire

II-VI (IIVI) closed the most recent trading day at $77.85, moving -0.03% from the previous trading session.

1 week ago - Zacks Investment Research

PITTSBURGH, April 23, 2021 (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq: IIVI), a global leader in engineered materials and optoelectronic components, announced today that the Company will hold a live...

2 weeks ago - GlobeNewsWire

PITTSBURGH, April 23, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a global leader in engineered materials and optoelectronic components, today inaugurated the II-VI Technology and R&D Ce...

2 weeks ago - GlobeNewsWire

Demonstrated scandium recovery from bauxite residues in industrial waste streams for new aluminum scandium alloys, additive manufacturing wires, and green energy infrastructure. Demonstrated scandium re...

2 weeks ago - GlobeNewsWire

PITTSBURGH, April 21, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a global leader in engineered materials and optoelectronic components, today announced that it has partnered with the Wo...

2 weeks ago - GlobeNewsWire

As of late, it has definitely been a great time to be an investor in II-VI Incorporated (IIVI).

3 weeks ago - Zacks Investment Research

PITTSBURGH, April 15, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leader in wide-bandgap compound semiconductors, today announced that it has expanded its silicon carbide (SiC) wafer f...

3 weeks ago - GlobeNewsWire

II-VI (IIVI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

3 weeks ago - Zacks Investment Research

The 5G era is upon us, and these three well-positioned companies should benefit handsomely.

Other stocks mentioned: ONTO, TMUS
3 weeks ago - The Motley Fool

The IBD SmartSelect Composite Rating for II-VI increased from 93 to 96 Friday. The post Top-Rated Stocks: II-VI Sees Composite Rating Climb To 96 appeared first on Investor's Business Daily.

4 weeks ago - Investors Business Daily

Down 35% from recent highs, the laser photonics specialist just won a bidding war for Coherent.

1 month ago - The Motley Fool

NEW YORK, March 31, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Coherent, Inc. ("Coherent" or the "Com...

Other stocks mentioned: COHR
1 month ago - PRNewsWire

II-VI CEO on decision to buy Coherent for $6.8B

YouTube video

II-VI CEO Chuck Mattera joins "Squawk on the Street" to discuss the company's bid to buy laser company Coherent.

Other stocks mentioned: COHR
1 month ago - CNBC Television

Lumentum goes home with a $218 million breakup fee, while competing bidder MKS Instruments never had a signed deal.

Other stocks mentioned: COHR
1 month ago - The Motley Fool

Coherent Inc. (NASDAQ: COHR) agreed to a buyout offer worth £5.10 billion from II-VI Inc (NASDAQ: IIVI) on Thursday. The announcement scratched the merger deal with Lumentum Holdings Inc. that Coherent ...

1 month ago - Invezz

$250 million in annual cost synergies expected to be realized within 36 months of closing Anticipated to be accretive to Non-GAAP EPS in second year following closing

1 month ago - GlobeNewsWire

Believes Current Proposal Remains Superior Believes Current Proposal Remains Superior

1 month ago - GlobeNewsWire

IIVI vs. EMR: Which Stock Is the Better Value Option?

Other stocks mentioned: EMR
1 month ago - Zacks Investment Research

II-VI's bid was reportedly the higher of the two, at a total of roughly $285 per share.

Other stocks mentioned: LITE
1 month ago - The Motley Fool

The shares of Coherent, Inc. (NASDAQ:COHR) are up 4.7% to trade at $268.93 at last check, after optical components maker II-VI (IIVI) put in a buyout bid of $7 billion, deemed "superior" to the one plac...

Other stocks mentioned: COHR, UPS
1 month ago - Schaeffers Research

Coherent Board Deems II-VI Revised Proposal Superior Coherent Board Deems II-VI Revised Proposal Superior

1 month ago - GlobeNewsWire

Industrial and fiber laser solutions provider Coherent Inc (NASDAQ: COHR) confirmed receipt of a revised acquisition proposal from II-VI Inc (NASDAQ: IIVI). Each share of Coherent would be exchanged for...

Other stocks mentioned: COHR
1 month ago - Benzinga

SAN JOSE, Calif., March 18, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") today announced that it has received notice from Coherent, Inc. (NASDAQ: COHR) ("Coherent") of its Board of Directors...

Other stocks mentioned: COHR, LITE
1 month ago - PRNewsWire

SANTA CLARA, Calif., March 18, 2021 /PRNewswire/ -- Coherent, Inc. (NASDAQ: COHR) today confirmed receipt of a revised acquisition proposal from II-VI Incorporated (NASDAQ: IIVI).

Other stocks mentioned: COHR
1 month ago - PRNewsWire

PITTSBURGH, March 17, 2021 (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq: IIVI), a global leader in laser materials processing solutions, today announced the opening of its applications laboratory in S...

1 month ago - GlobeNewsWire

Coherent's Board Deems II-VI Revised Proposal Superior Coherent's Board Deems II-VI Revised Proposal Superior

1 month ago - GlobeNewsWire

SAN JOSE, Calif., March 12, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") today announced that it has received notice from Coherent, Inc. (NASDAQ: COHR) ("Coherent") of its Board of Directors...

Other stocks mentioned: COHR, LITE
1 month ago - PRNewsWire

SANTA CLARA, Calif., March 12, 2021 /PRNewswire/ -- Coherent, Inc. (NASDAQ: COHR) today announced that the company's board of directors, in consultation with its financial and legal advisors, has determ...

Other stocks mentioned: COHR, LITE
1 month ago - PRNewsWire

PITTSBURGH, March 08, 2021 (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq: IIVI), a global leader in engineered materials and optoelectronic components, announced today that the Company will hold a live...

1 month ago - GlobeNewsWire

Coherent's Board Deems II-VI Proposal Superior Coherent's Board Deems II-VI Proposal Superior

2 months ago - GlobeNewsWire

PITTSBURGH, March 05, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a global leader in engineered materials and optoelectronic components, today announced that it will showcase its broad p...

2 months ago - GlobeNewsWire

4 Top Stocks From the Prospering Manufacturing Electronics Industry

Other stocks mentioned: EMR, ETN, RBC
2 months ago - Zacks Investment Research

PITTSBURGH, Feb. 26, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leading provider of precision optics for life sciences and optical networks, today announced that it will begin the exp...

2 months ago - GlobeNewsWire

PITTSBURGH, Feb. 25, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leading provider of semiconductor lasers and micro-optics for consumer electronics, today announced its vertical cavity...

2 months ago - GlobeNewsWire

PITTSBURGH, Feb. 22, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leader in engineered materials and laser optics, today announced the introduction of its ceramic YAG (yttrium aluminum ...

2 months ago - GlobeNewsWire

PITTSBURGH, Feb. 18, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leader in laser technology and subsystems, today announced the introduction of its multi-wavelength laser module produc...

2 months ago - GlobeNewsWire

Investors who have the propensity to take a higher risk can think of investing in momentum stocks to boost their gains.

Other stocks mentioned: AMKR, BG, ORRF, QRVO
2 months ago - Zacks Investment Research

PITTSBURGH, Feb. 16, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leader in gallium arsenide (GaAs) optoelectronics, today announced the introduction of its 1060 nm seed laser in a 3-pi...

2 months ago - GlobeNewsWire

PITTSBURGH, Feb. 16, 2021 (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq: IIVI), a global leader in engineered materials and optoelectronic components, today announced that the Company will present at t...

2 months ago - GlobeNewsWire

SANTA CLARA, Calif., Feb. 16, 2021 /PRNewswire/ -- Coherent, Inc. (NASDAQ: COHR) today announced that its board of directors has determined to engage in discussions with II-VI Incorporated (NASDAQ: IIVI...

Other stocks mentioned: COHR
2 months ago - PRNewsWire

The laser technology specialist has become an in-demand acquisition target.

Other stocks mentioned: COHR
2 months ago - The Motley Fool

About IIVI

II-VI Incorporated develops, manufactures, and markets engineered materials, and optoelectronic components and devices worldwide. The company operates through two segments, Compound Semiconductors and Photonic Solutions. The Compound Semiconductors segment offers optical and electro-optical components and materials used in high-power CO2 lasers; fiber-delivered beam delivery systems, and processing tools and direct diode lasers for industrial lasers; and compound semiconductor epitaxial and gallium arsenide wafers. This segment also provides in... [Read more...]

Industry
Scientific & Technical Instruments
IPO Date
Oct 2, 1987
CEO
Francis Kramer
Employees
22,969
Stock Exchange
NASDAQ
Ticker Symbol
IIVI
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecasts

According to 20 analysts, the average rating for IIVI stock is "Buy." The 12-month stock price forecast is 100.47, which is an increase of 57.87% from the latest price.

Price Target
$100.47
(57.87% upside)
Analyst Consensus: Buy