Intevac (NASDAQ: IVAC) recently received a number of ratings updates from brokerages and research firms:

  • 11/1/2017 – Intevac was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Intevac, Inc. is a leading supplier of static sputtering systems and related manufacturing equipment used to manufacture thin-film disks for computer hard disk drives. Sputtering is a complex vacuum deposition process used to deposit multiple thin-film layers on a disk. The company’s primary objective is to be the industry leader in supplying disk sputtering equipment by providing disk sputtering systems which have both the highest overall performance and the lowest cost of ownership in the industry. “
  • 10/31/2017 – Intevac had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $14.00 price target on the stock.
  • 10/31/2017 – Intevac was upgraded by analysts at Noble Financial from a “hold” rating to a “buy” rating.
  • 10/31/2017 – Intevac had its “hold” rating reaffirmed by analysts at Benchmark Co..
  • 10/27/2017 – Intevac had its “buy” rating reaffirmed by analysts at Maxim Group. They now have a $12.00 price target on the stock.
  • 10/11/2017 – Intevac had its “buy” rating reaffirmed by analysts at Maxim Group. They now have a $13.00 price target on the stock.
  • 9/27/2017 – Intevac was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Intevac, Inc. is a leading supplier of static sputtering systems and related manufacturing equipment used to manufacture thin-film disks for computer hard disk drives. Sputtering is a complex vacuum deposition process used to deposit multiple thin-film layers on a disk. The company’s primary objective is to be the industry leader in supplying disk sputtering equipment by providing disk sputtering systems which have both the highest overall performance and the lowest cost of ownership in the industry. “

Shares of Intevac, Inc. (NASDAQ:IVAC) traded down $0.10 during trading hours on Monday, reaching $7.80. 42,000 shares of the company traded hands, compared to its average volume of 175,346. The firm has a market capitalization of $169.95, a PE ratio of 26.00 and a beta of 0.92. Intevac, Inc. has a 52-week low of $5.90 and a 52-week high of $14.15.

Intevac (NASDAQ:IVAC) last released its quarterly earnings data on Monday, October 30th. The electronics maker reported $0.04 earnings per share for the quarter. The company had revenue of $26.70 million for the quarter, compared to analysts’ expectations of $25.50 million. Intevac had a net margin of 5.97% and a return on equity of 8.80%. The firm’s revenue for the quarter was up 18.1% on a year-over-year basis. During the same quarter last year, the company earned ($0.02) earnings per share. sell-side analysts predict that Intevac, Inc. will post 0.11 EPS for the current fiscal year.

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.

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