41.55 0.00 (0.00%)
After hours: 4:00PM EDT
|Bid||41.50 x 1600|
|Ask||41.60 x 500|
|Day's range||41.38 - 42.55|
|52-week range||27.25 - 53.08|
|PE ratio (TTM)||31.53|
|Earnings date||1 May 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||52.67|
Shares of Acacia Communications Inc. plunged 23% in Monday morning trading after the U.S. banned American companies from selling components to China-based ZTE Corp for seven years. ZTE pleaded guilty to ...
Shares of Finisar Corp. are up 8.2% in Thursday trading after Morgan Stanley analyst Meta Marshall upgraded the stock to overweight and said that Finisar is now at the top of Morgan Stanley's "optical ...
II-VI Incorporated (IIVI) is seeing solid earnings estimate revision activity, and is a great company from a Zacks Industry Rank perspective.
Shares of fiber-optic component maker II-VI (IIVI) are up 60 cents, or 1.3%, at $45.40, after D.A. Davidson’s Thomas Diffely this morning started coverage of the stock with a Buy rating, and a $55 price target, writing that he is “more bullish than most on the long term” for the company.
Acacia Communications (ACIA) and II-VI (IIVI) are two of the more desirable fiber-optic component makers, according to reports put out after the close by Troy Jensen of Piper Jaffray, in which he starts coverage of both stocks with Overweight ratings. Acacia, to whom Jensen assigns a $43 price target, is “one of the best investments” among the group, he writes. China, which has been a problem for fiber names for over a year now, will actually turn into a “catalyst” for Acacia, he believes: China will likely be the first catalyst for Acacia and we anticipate a modest recovery from Acacia’s Chinese OEMs with inventories finally being reduced and customers returning to a more normalized buy pattern.
The Saxonburg, Pennsylvania-based company said it had profit of 15 cents per share. Earnings, adjusted for pretax expenses, were 39 cents per share. The Laser and optics manufacturer posted revenue of ...
II-VI Incorporated at SPIE Photonics West 2018
Freeform Beam Shaping Laser Optics for Fiber and Direct Diode Laser Applications from II-VI Infrared
II-VI Incorporated (NASDAQ:IIVI) today announced that it intends to release its fiscal 2018 second quarter results for the period ended December 31, 2017 on Thursday, February 1, 2018 after the market closes and will post these results on the Company’s web site at www.ii-vi.com. In conjunction with this release and to review the Company’s financial results, market trends and future outlook, the Company will host a conference call that will be broadcast live over the Internet that same day. Individuals wishing to participate in the webcast, to be held at 4:30p.m. Eastern Time on Thursday, February 1, 2018, can access the event on the Company’s web site by visiting www.ii-vi.com or via http://tinyurl.com/ya4drs4h.
Lumentum plunged nearly 8%, while shares of II-VI slipped nearly 7% and Finisar dropped between 2% and 3%.