Intevac (IVAC) Given Daily News Sentiment Score of 0.14

Press coverage about Intevac (NASDAQ:IVAC) has trended somewhat positive on Thursday, according to Accern. The research group identifies positive and negative news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Intevac earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned media coverage about the electronics maker an impact score of 46.1336800559439 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

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

A number of analysts have recently issued reports on IVAC shares. Zacks Investment Research lowered shares of Intevac from a “buy” rating to a “hold” rating in a research note on Wednesday, September 27th. Maxim Group reiterated a “buy” rating and set a $13.00 price objective on shares of Intevac in a research note on Wednesday, October 11th. Noble Financial upgraded shares of Intevac from a “hold” rating to a “buy” rating in a research note on Tuesday, October 31st. Benchmark reissued a “hold” rating on shares of Intevac in a research report on Tuesday, October 31st. Finally, B. Riley reissued a “buy” rating and set a $14.00 price target on shares of Intevac in a research report on Tuesday, October 31st. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $12.60.

Intevac (NASDAQ IVAC) traded up $0.05 during mid-day trading on Thursday, hitting $6.80. 72,092 shares of the stock were exchanged, compared to its average volume of 69,412. Intevac has a twelve month low of $6.20 and a twelve month high of $14.15. The firm has a market capitalization of $148.17, a P/E ratio of 21.25 and a beta of 0.85.

Intevac (NASDAQ:IVAC) last released its quarterly earnings results on Monday, October 30th. The electronics maker reported $0.04 earnings per share for the quarter. Intevac had a net margin of 5.97% and a return on equity of 8.80%. The business had revenue of $26.70 million during the quarter, compared to the consensus estimate of $25.50 million. During the same quarter last year, the company earned ($0.02) earnings per share. The business’s quarterly revenue was up 18.1% compared to the same quarter last year. equities analysts predict that Intevac will post 0.12 earnings per share for the current fiscal year.

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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)

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