Home News Stock to Watch: II-VI (NASDAQ: IIVI)

Stock to Watch: II-VI (NASDAQ: IIVI)

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II-VI is in the computer hardware industry and is in the technology sector. The company CEO is Vincent D. Mattera. II-VI Inc develops and manufactures engineered materials and opto-electronic components and products for precision use in industrial, optical communications, military, semiconductor and life science applications.

Previous Intraday Trading Performance:

The IIVI stock showed a previous change of -2.34% with an open at 39.60 and a close of 38.79. It reached an intraday high of 39.76 and a low of 38.64.

SeekingAlpha:  II-VI +3% as Cowen sees upside potential

Liquidity:

The stock has a market cap of $2.5b with 63.4m shares outstanding, of which the float is 61.9m shares. Trading volume reached 383,084 shares compared to its average volume of 823,594 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, II-VI shares returned 1.12% and in the past 30 trading days it returned 2.19%. Over three months, it changed 14.66%. In one year it has changed -6.98% and within that year its 52-week high was 50.75 and its 52-week low was 29.31. IIVI stock is 32.34% above its 52 Week Low.

Our calculations show a 200 day moving average of 40.98 and a 50 day moving average of 36.80. Currently IIVI stock is trading -5.34% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

SeekingAlpha:  II-VI +3% as Cowen sees upside potential

Earnings:

The last annual fiscal EPS for the company was reported at 1.34 that ended on 30th of June 2018, which according to the previous close, that is a PE of 28.95. Based on 4 analyst estimates, the consensus EPS for the next quarter is 0.33. The TTM EPS is 1.53, which comes to a TTM PE of 25.35. Historically, the PE high was 39.50 and the PE low was 14.30. If the stock reached its PE low, that would represent a price of 21.88, which is a decrease of -43.59%.

The following are the last four quarter reported earnings per share:
12-31-2018:  0.44
09-30-2018:  0.48
06-30-2018:  0.46
03-31-2018:  0.36

Base on our calculations, the intrinsic value per share is 82.39, which means it is possibly undervalued and has a margin of safety of 52.92%

Indicators to Watch:

Based on the latest filings, there is 2.40% of insider ownership and 139.50% of institutional ownership. Short-interest is 0, which is 0.00% of shares outstanding. The short-interest ratio or days-to-cover ratio is 0.00.

The current calculated beta is 0.85

Business Wire:  Iconix Brand Group, Inc. Names John T. McClain as CFO

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 11.01%, return on assets is 6.29%, profit margin is 8.81%, price-to-sales is 1.98 and price-to-book is 2.35.

Company Scores:

All scores are out of six:
 3  :Valuation Score
 3  :Past Performance Score
 4  :Financial Strength Score
 4  :Future Growth Score
 0  :Dividend Score
 3  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.