Somewhat Favorable News Coverage Somewhat Unlikely to Impact Intevac (IVAC) Stock Price

News articles about Intevac (NASDAQ:IVAC) have trended somewhat positive on Friday, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Intevac earned a news sentiment score of 0.08 on Accern’s scale. Accern also gave media coverage about the electronics maker an impact score of 47.0576379418649 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

These are some of the news headlines that may have effected Accern Sentiment’s scoring:

Several equities research analysts recently commented on IVAC shares. Zacks Investment Research lowered shares of Intevac from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 5th. BidaskClub upgraded shares of Intevac from a “sell” rating to a “hold” rating in a research report on Wednesday, July 12th. Roth Capital set a $14.00 price objective on shares of Intevac and gave the stock a “buy” rating in a research report on Friday, July 28th. B. Riley reiterated a “buy” rating and issued a $16.00 price objective on shares of Intevac in a research report on Tuesday, August 1st. Finally, Benchmark Co. reiterated a “hold” rating on shares of Intevac in a research report on Tuesday, August 1st. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Intevac has a consensus rating of “Hold” and a consensus price target of $13.20.

Intevac (NASDAQ:IVAC) traded up 0.60% on Friday, reaching $8.40. 20,625 shares of the company’s stock were exchanged. Intevac has a 1-year low of $5.60 and a 1-year high of $14.15. The firm’s 50 day moving average is $8.62 and its 200 day moving average is $11.09. The stock has a market capitalization of $182.97 million, a P/E ratio of 34.01 and a beta of 1.04.

Intevac (NASDAQ:IVAC) last issued its quarterly earnings results on Monday, July 31st. The electronics maker reported $0.05 earnings per share for the quarter. The firm had revenue of $31.00 million for the quarter, compared to analysts’ expectations of $28.76 million. Intevac had a return on equity of 7.29% and a net margin of 4.68%. Intevac’s revenue was up 108.1% on a year-over-year basis. During the same quarter last year, the business posted ($0.18) EPS. Analysts expect that Intevac will post $0.12 EPS for the current year.

TRADEMARK VIOLATION NOTICE: This news story was reported by Ticker Report and is the property of of Ticker Report. If you are accessing this news story on another domain, it was stolen and republished in violation of international copyright and trademark laws. The original version of this news story can be read at https://www.tickerreport.com/banking-finance/2957811/somewhat-favorable-news-coverage-somewhat-unlikely-to-impact-intevac-ivac-stock-price.html.

Intevac Company Profile

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.

Insider Buying and Selling by Quarter for Intevac (NASDAQ:IVAC)

Receive News & Ratings for Intevac Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intevac Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


Leave a Reply

© 2006-2017 Ticker Report. Google+.