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II-VI Incorporated (IIVI)

NASDAQ: IIVI · IEX Real-Time Price · USD
67.02
0.77 (1.16%)
At close: Dec 8, 2021 4:00 PM
66.85
-0.17 (-0.25%)
After-hours:Dec 8, 2021 7:46 PM EST
Market Cap7.11B
Revenue (ttm)3.17B
Net Income (ttm)277.88M
Shares Out106.14M
EPS (ttm)2.47
PE Ratio27.16
Forward PE15.77
Dividendn/a
Ex-Dividend Daten/a
Volume1,102,441
Open66.02
Previous Close66.25
Day's Range65.96 - 67.84
52-Week Range54.35 - 100.44
Beta1.48
AnalystsBuy
Price Target83.29 (+24.3%)
Earnings DateNov 9, 2021

About IIVI

II-VI Incorporated develops, manufactures, and markets engineered materials, optoelectronic components, and devices worldwide. It operates through two segments, Compound Semiconductors and Photonic Solutions. The Compound Semiconductors segment provides optical and electro-optical components and materials used in high-power CO2 lasers, fiber-lasers, and direct diode lasers for materials processing applications; infrared optical components and high-precision optical assemblies for aerospace and defense, medical, and commercial laser imaging appl...

IndustryElectronic Equipment, Instruments & Components
IPO DateOct 2, 1987
CEOFrancis Kramer
Employees22,961
Stock ExchangeNASDAQ
Ticker SymbolIIVI
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 20 analysts, the average rating for II-VI stock is "Buy." The 12-month stock price forecast is 83.29, which is an increase of 24.28% from the latest price.

Price Target
$83.29
(24.28% upside)
Analyst Consensus: Buy

News

II-VI Incorporated Announces Proposed $990 Million Notes Offering

PITTSBURGH, Dec. 02, 2021 (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq: IIVI) (the “Company” or “II-VI”) announced today that it plans to offer $990 million aggregate principal amount of senior notes ...

6 days ago - GlobeNewsWire

II-VI Incorporated Congratulates Dr. Julie Eng and Chris Cole as Optica Fellows

PITTSBURGH, Nov. 23, 2021 (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq: IIVI), a leader in engineered materials and optoelectronic components, today announced that Dr. Julie Sheridan Eng and Chris Col...

2 weeks ago - GlobeNewsWire

II-VI Incorporated to Present at the Needham Virtual Security, Networking, & Communications Conference

PITTSBURGH, Nov. 10, 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...

4 weeks ago - GlobeNewsWire

II-VI Reports Mixed Q1 Results, Sees Q2 Revenue Below Consensus

II-VI Inc (NASDAQ: IIVI) reported first-quarter FY22 revenue growth of 9% year-on-year to $795.1 million, missing the consensus of $808.6 million. Segments: Photonic Solutions revenue increased 7.7% Y/Y...

4 weeks ago - Benzinga

II-VI (IIVI) Q1 Earnings Beat Estimates

II-VI (IIVI) delivered earnings and revenue surprises of 4.82% and -1.92%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

4 weeks ago - Zacks Investment Research

II-VI Incorporated Reports Fiscal 2022 First Quarter Results Record Quarterly Bookings and Backlog Drive Organic Growth

Approaching $1B Quarterly Bookings While Investing for Increasing Market Demand Approaching $1B Quarterly Bookings While Investing for Increasing Market Demand

4 weeks ago - GlobeNewsWire

II-VI Incorporated Selected by Tianyu as Primary Strategic Partner to Supply Silicon Carbide Substrates for Power Ele...

PITTSBURGH and DONGGUAN, China, Nov. 08, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leader in wide-bandgap compound semiconductors, today announced that it has been selected by Donggu...

1 month ago - GlobeNewsWire

Analysts Estimate II-VI (IIVI) to Report a Decline in Earnings: What to Look Out for

II-VI (IIVI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

II-VI Incorporated Announces Participation at ECOC Virtual Exhibition 2021

PITTSBURGH, Nov. 01, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leading provider of optical communications solutions for datacom and telecom networks, today announced that it will par...

1 month ago - GlobeNewsWire

II-VI Incorporated to Webcast FY 2022 First-Quarter Conference Call

PITTSBURGH, Oct. 26, 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

II-VI Incorporated Awarded IARPA Development Contract for High-Energy Rechargeable Lithium Batteries in Partnership w...

PITTSBURGH, Oct. 21, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leader in engineered materials, today announced that it was awarded a multimillion-dollar development contract for high...

1 month ago - GlobeNewsWire

Windstream Wholesale Enters Game-Changing Partnership with II-VI Incorporated to Streamline 400G Services

LITTLE ROCK, Ark.--(BUSINESS WIRE)--Windstream Wholesale, a leading provider of advanced optical solutions, announced today that it has partnered with II-VI Incorporated (Nasdaq: IIVI), a global leader ...

1 month ago - Business Wire

II-VI Incorporated Powers All its European Sites with 100% Renewable Electricity

PITTSBURGH, Oct. 19, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a global leader in engineered materials and optoelectronic components, today announced that it is powering all its facili...

1 month ago - GlobeNewsWire

3 Tech Stocks Poised for a 2022 Rebound

A lackluster 2021 got you down? 2022 could have good things in store.

Other symbols:FSLYTSM
1 month ago - The Motley Fool

How Analysts View II-VI's Acquisition Of Coherent?

Barclays analyst Tom O'Malley downgraded II-VI Inc (NASDAQ:IIVI) to Underweight from Equal Weight with a price target of $56, down from $65. The analyst believes II-VI shares will continue to be an unde...

Other symbols:COHR
2 months ago - Benzinga

7 Tech Stocks That are Down Too Far to Overlook Now

Few tech stocks are on sale as the sector reaches all-time highs, but these shares recently disappointed investors and are now a bargain. The post 7 Tech Stocks That are Down Too Far to Overlook Now app...

2 months ago - InvestorPlace

II-VI Incorporated Joins SmartTunable Multi-Source Agreement Group for Wavelength-Tunable Transceivers as a Founding ...

PITTSBURGH, Sept. 13, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a global leader in optical communications components and subsystems, today announced that it joined, as a founding membe...

2 months ago - GlobeNewsWire

2 Value Stocks to Buy Before the EV Revolution Takes Them Higher

While not thought of as electric vehicle companies, these two stocks will nonetheless benefit from soaring EV growth over the next decade.

Other symbols:AMAT
2 months ago - The Motley Fool

II-VI Incorporated to Present at the Citi 2021 Virtual Global Technology Conference

PITTSBURGH, Sept. 10, 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 ...

2 months ago - GlobeNewsWire

II-VI Incorporated to Present at the 2021 Deutsche Bank Virtual Technology Conference

PITTSBURGH, Sept. 07, 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 ...

3 months ago - GlobeNewsWire

II-VI Incorporated Announces Board Chair Succession

PITTSBURGH, Aug. 16, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI) (“II-VI” or the “Company”), a leader in engineered materials and optoelectronic components, today announced that Francis J...

3 months ago - GlobeNewsWire

Time to Buy the Dip on This Crucial Tech Company

II-VI sold off after earnings, but its results and outlook remained strong.

Other symbols:COHR
3 months ago - The Motley Fool

11 Mighty Mid-Cap Stocks for the Rest of 2021

Want more stability and greater growth prospects in your investments? These top-rated mid-cap stocks offer the best of both worlds.

3 months ago - Kiplinger

II-VI Incorporated to Present at the Canaccord Genuity 41st Annual Growth Conference

PITTSBURGH, Aug. 11, 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...

3 months ago - GlobeNewsWire

II-VI (IIVI) Q4 Earnings and Revenues Top Estimates

II-VI (IIVI) delivered earnings and revenue surprises of 15.79% and 3.29%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research