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II-VI Incorporated (NASDAQ:IIVI – Get Rating)’s share price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $53.21 and last traded at $53.21, with a volume of 10162 shares changing hands. The stock had previously closed at $56.18. IIVI has been the subject of a number of […]
II-VI (NASDAQ:IIVI – Get Rating) updated its fourth quarter 2022 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $0.85-$1.00 for the period, compared to the consensus estimate of $0.92. The company issued revenue guidance of $840.00 million-$880.00 million, compared to the consensus revenue estimate of $835.84 million. Several brokerages have […]
II-VI (NASDAQ:IIVI – Get Rating) had its price target hoisted by research analysts at Raymond James from $79.00 to $82.00 in a note issued to investors on Tuesday, The Fly reports. Raymond James’ target price points to a potential upside of 30.06% from the company’s current price. A number of other equities analysts also recently […]
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Zacks Investment Research downgraded shares of II-VI (NASDAQ:IIVI – Get Rating) from a hold rating to a sell rating in a research note released on Tuesday morning, Zacks.com reports. According to Zacks, “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. […]