II VI Story

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IIVI -- USA Stock  

USD 37.89  0.71  1.84%

II VI Invested Capital is most likely to increase significantly in the upcoming years. The last year's value of Invested Capital was reported at 1.71 Billion. The current Invested Capital Average is estimated to increase to about 1.8 B, while Revenue Per Employee is projected to decrease to roughly 89.4 K. If you have been following II VI you may be considering locking in. Let's check if stable forward indicators will continue to push the price to rise for II VI's stockholders. Will stockholders continue to hold, or should we expect a sell-off?
Published over a month ago
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Does II VI (NASDAQ:IIVI) have stable forward indicators based on the current rise?
II VI is OVERVALUED at 46.40 per share with modest projections ahead. II VI appears to be very steady, given 1 month investment horizon. II VI Incorporated retains Efficiency (Sharpe Ratio) of 0.14, which attests that the entity had 0.14% of return per unit of price deviation over the last month. Our outlook to determining the volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for II VI, which you can use to evaluate future volatility of the firm. Please utilize II VI Incorporated Semi Deviation of 3.27, standard deviation of 4.3, and Market Risk Adjusted Performance of 0.6004 to validate if our risk estimates are consistent with your expectations.
Typically, a company's financial statements are the reports that show the financial position of the company. There are three main documents that fall into the category of financial statements. These documents include II VI income statement, its balance sheet, and the statement of cash flows. Potential II VI investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although II VI investors may use each financial statement separately, they are all related. The changes in II VI's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on II VI's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages. The goal of II VI fundamental analysis is to do accurate financial forecasts. There are several possible objectives to fundamental analysis, such as projecting of II VI performance into the future periods or doing a reasonable stock valuation. The intrinsic value of II VI shares is the value that is considered the true value of the share. If the intrinsic value II VI is higher than its market price, buying is generally recommended. If it is equal to the market price, it is recommended to hold; and if it is less than the market price, then one should sell all shares II VI. Please read more on our fundamental analysis page.

Are II VI Earnings Expected to grow?

The future earnings power of II VI involves the interaction of many company-specific, industry, and economic forces. Earnings estimates embody investors' opinions of II VI factors such as sales growth, product demand, competitive industry environment, profit margins, and cost controls. II VI stock prices adjust as these expectations change or are proven wrong. The main thing to remember is that equities with high expected earnings growth tend to underperform the market because it is usually difficult to meet the market's high expectations. Companies with low earnings expectations tend to do better than expected. Please use our latest analysis of II VI expected earnings.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions. It is good to see analyst projects for II VI, but it might be worth checking our own buy vs. sell analysis

II VI Gross Profit

II VI Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing II VI previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show II VI Gross Profit growth over the last 10 years. Please check Gross Profit in more details.

Acquisition by Mary Raymond of 19056 shares of II VI subject to Rule 16b-3

Legal trades by II VI insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
II VI insider trading alert for grant of common stock by Mary Raymond, Chief Financial Officer, on 7th of September 2020. This event was filed by Iivi Inc with SEC on 2020-08-20. Statement of changes in beneficial ownership - SEC Form 4. Mary Raymond currently serves as cfo, treasurer and assistant secretary of II VI Incorporated [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

Breaking down the case for II VI

Institutional investor usually refers to an organization that invests money in II VI on behalf of clients or other money managers. Buying and selling of large positions of II VI stock by institutional investors can create supply and demand imbalances that result in sudden price moves of II VI stock. Let's take a look at how the ownership of II VI is distributed among investors.

Ownership Allocation

II VI Incorporated secures a total of one hundred two million nine hundred fifty thousand outstanding shares. The majority of II VI Incorporated outstanding shares are owned by institutions. These other corporate entities are usually referred to as non-private investors looking to purchase positions in II VI Incorporated to benefit from reduced commissions. Hence, outside corporations are subject to a different set of regulations than regular investors in II VI Incorporated. Please pay attention to any change in the institutional holdings of II VI as this could imply that something significant has changed or about to change at the company. Please note that no matter how much assets the company retains, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Institutions
92.13%
Retail Investors3.4
Insiders4.47
Institutions92.13
 2017 2018 2019 2020 (projected)
Consolidated Income88 M107.52 M123.64 M105.35 M
Direct Expenses697.51 M841.15 M757.03 M599.4 M

Asset Utilization

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. II VI has an asset utilization ratio of 1316.65 percent. This implies that the company is making $13.17 for each dollar of assets. An increasing asset utilization means that II VI Incorporated is more efficient with each dollar of assets it utilizes for everyday operations.

Current Assets
806.6 M
Assets Non Current
1.4 B
Current Assets806.63 Million30.14
Assets Non Current1.42 Billion52.89
Goodwill437.51 Million16.35
Tax Assets16.49 Million0.62

Another 3 percent rise for II VI

Current total risk alpha is at -0.11. As of the 13th of August 2020, II VI owns the Semi Deviation of 3.27, standard deviation of 4.3, and Market Risk Adjusted Performance of 0.6004. II VI Incorporated technical analysis makes it possible for you to employ past data patterns with the intention to determine a pattern that calculates the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to collect and analyze data for nineteen technical drivers for II VI, which can be compared to its peers in the sector. Please check out II VI Incorporated standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if II VI Incorporated is priced more or less accurately, providing market reflects its prevailing price of 52.03 per share. Given that II VI Incorporated has jensen alpha of 0.3393, we strongly advise you to confirm II VI's latest market performance to make sure the company can sustain itself sooner or later.

Our Final Take On II VI

While many other companies within the scientific & technical instruments industry are still a little expensive, even after the recent corrections, II VI may offer a potential longer-term growth to stockholders. To sum up, as of the 13th of August 2020, our concluding 30 days advice on the company is Strong Hold. We believe II VI is overvalued with very small probability of distress for the next two years.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of II VI Incorporated. Please refer to our Terms of Use for any information regarding our disclosure principles.

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