Intevac (IVAC) Receiving Somewhat Positive News Coverage, Accern Reports
Media coverage about Intevac (NASDAQ:IVAC) has been trending somewhat positive this week, Accern reports. The research firm rates the sentiment of press coverage by reviewing more than 20 million blog and news sources in real-time. 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 45.8531706173278 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Is It Time To Buy Intevac Inc (NASDAQ:IVAC)? (finance.yahoo.com)
- Baskin Financial Services Has Lifted Priceline Group (PCLN) Holding; Intevac (IVAC) SI Decreased By 21.53% – Hill Country Times (hillcountrytimes.com)
- Analysts Anticipate Intevac, Inc. (IVAC) Will Announce Quarterly Sales of $24.90 Million (americanbankingnews.com)
Several analysts have commented on IVAC shares. Maxim Group restated a “buy” rating and set a $12.00 price objective on shares of Intevac in a research note on Friday, October 27th. Zacks Investment Research cut shares of Intevac from a “hold” rating to a “sell” rating in a research note on Friday, December 8th. B. Riley restated a “buy” rating and set a $14.00 price objective on shares of Intevac in a research note on Tuesday, October 31st. Benchmark restated a “hold” rating on shares of Intevac in a research note on Tuesday, October 31st. Finally, Noble Financial upgraded shares of Intevac from a “hold” rating to a “buy” rating in a research note on Tuesday, October 31st. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company. Intevac currently has a consensus rating of “Hold” and an average price target of $12.60.
Intevac (NASDAQ:IVAC) last announced its quarterly earnings data on Monday, October 30th. The electronics maker reported $0.04 EPS 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 analysts’ expectations of $25.50 million. During the same period in the previous year, the business posted ($0.02) EPS. The business’s quarterly revenue was up 18.1% compared to the same quarter last year. research analysts expect that Intevac will post 0.12 earnings per share for the current year.
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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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