Home Markets Earnings Estimate Forecast on II-VI Incorporated(IIVI)

Earnings Estimate Forecast on II-VI Incorporated(IIVI)


II-VI Incorporated(IIVI): For the most recent quarter end, II-VI Incorporated reported Annual Earnings of $0.49. Based on the filings, last years Annual Earnings was, $1.33. For the most recent quarter end, IIVI reported a surprise Earnings per Share of 88.46% . The consensus estimate for current quarter is $0.32 and for the current fiscal year, the estimate is $1.29. For the Next fiscal year, the estimate is $1.61 based on the consensus. Saxonburg based II-VI Incorporated Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on Apr 25, 2017.

II-VI Incorporated has received $0.32 as the consensus Earnings Estimate for the Quarter ending on Mar 2017 ,According to the estimate provided by 1 Financial Advisor in the Stock Trading Firms. The EPS growth rate is projected at -8.57%. II-VI Incorporated reported better than expected with a surprise EPS of 88.46% or $0.23 during its most recent quarterly earnings. The Actual EPS was $0.49 compared to the Estimated EPS of $0.26. According to the corporate earnings calendar, II-VI Incorporated will release next earnings on Apr 25, 2017 with an estimated EPS consensus of $0.32. Based on the consensus of stock financial advisors the stock has a price target of $41.08. Current year estimate on EPS consensus is $1.29.

II-VI Incorporated has a Price to Earnings ratio of 24.75 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 2.99. For the Most Recent Fiscal Year, II-VI Incorporated has a price to cash ratio of 17.31. For the Trailing twelve month period, company showed a Net Profit Margin of 7.72% and Return on Equity of the stock is 12.71%.

For Dividend Investing Stock Market Traders II-VI Incorporated has a Dividend Yield of 0% with an Annual Dividend of $0. It has a Payout Ratio of 0 and the change in Dividend payout ratio is 0.

II-VI Last issued its quarterly earnings results on Jan 24, 2017. The company reported $0.49 EPS for the quarter, beating the analyst consensus estimate by $ 0.23. Analyst had a consensus of $0.26. The company had revenue of $231.80 million for the quarter, compared to analysts expectations of $221.48 million. The companys revenue was up 21.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.30 EPS.

Company has reported several Insider transactions to the SEC, on Feb 16, 2017, Vincent D Jr Mattera (President & CEO) sold 7,000 shares at 39.05 per share price.On Feb 6, 2017, David G Wagner (VP, Human Resources) sold 6,666 shares at 36.54 per share price.On Feb 3, 2017, Francis J Kramer (director) sold 143,652 shares at 36.28 per share price.

II-VI Incorporated (NASDAQ:IIVI) witnessed a decline in the market cap on Wednesday as its shares dropped 2.8% or 1.1 points. After the session commenced at $39.3, the stock reached the higher end at $39.445 while it hit a low of $37.7. With the volume soaring to 713,619 shares, the last trade was called at $38.25. The company has a 52-week high of $41.1. The company has a market cap of $2,393 million and there are 62,561,471 shares in outstanding. The 52-week low of the share price is $17.76.

II-VI Incorporated designs, manufactures and markets optical and opto-electronic components, devices and materials for infrared, near-infrared, visible light, x-ray and gamma ray instrumentation. The Companys infrared optics business manufactures optical and opto-electronic components sold under the II-VI brand name and used primarily in CO2 lasers. The Companys near-infrared optics business manufactures near-infrared & visible light products for industrial, scientific, military & medical instruments and laser gain materials and products for solid-state YAG and YLF lasers at the Companys VLOC subsidiary. The Companys military infrared optics business manufactures infrared products for military applications under the Exotic Electro-Optics brand name.



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