II VI Story

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IIVI -- USA Stock  

USD 40.05  0.58  1.47%

Let's try to concentrate on what's happening with II VI amid unprecedented political, and economic uncertainty. II VI Incorporated is currently traded for 49.85. The entity has historical hype elasticity of -0.16. The average price elasticity to hype of competition is about 0.12. The firm is forecasted to decline in value after the next press release, with the price expected to drop to 51.85. The average volatility of headline impact on the company stock price is huge, making predictions on the news or social media along less reliable. The price decrease on the next news is expected to be -0.35%, whereas the daily expected return is currently at 0.41 percent. Given the investment horizon of 30 days, the next forecasted announcement will be in about 7 days.
Published over a month ago
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Is II VI (NASDAQ:IIVI) gaining more confidence from stockholders?
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.
The successful prediction of II VI stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as II VI Incorporated, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of II VI based on II VI hews, social hype, general headline patterns, and widely used predictive technical indicators. We also calculate exposure to II VI's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to II VI's related companies.

Use Technical Analysis to project II VI expected Price

II VI technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of II VI technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of II VI trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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

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

II VI Incorporated reported the previous year's revenue of 2 B. Net Loss for the year was (90.26 M) with profit before overhead, payroll, taxes, and interest of 521.35 M.
 2017 2018 2019 2020 (projected)
Consolidated Income88 M107.52 M123.64 M105.35 M
Direct Expenses697.51 M841.15 M757.03 M599.4 M

Cost of Revenue Breakdown

II VI Cost of Revenue is increasing over the last several years with slightly volatile swings. Cost of Revenue is predicted to flatten to about 783.1 M. Cost of Revenue usually refers to the aggregate cost of goods produced and sold and services rendered during the reporting period. II VI Cost of Revenue is most likely to increase significantly in the upcoming years. The last year's value of Cost of Revenue was reported at 967.32 Million
2013456.55 Million
2014470.36 Million
2015514.4 Million
2016583.68 Million
2017696.59 Million
2018841.15 Million
2019967.32 Million
2020783.06 Million

Chances of II VI stockholders to go bananas

Market risk adjusted performance is down to 0.6. It may hint to a possible volatility drop. II VI Incorporated shows above-average downside volatility for the selected time horizon. We advise investors to inspect II VI Incorporated further and ensure that all market timing and asset allocation strategies are consistent with the estimation of II VI future alpha.

Our Bottom Line On II VI Incorporated

While some firms 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. With a somewhat neutral outlook on your 30 days horizon, it may be better to hold off any trading activity and neither pick up new shares of II VI nor short your existing holdings in the Stock. It seems the expected volatility has not yet been fully factored into the current price. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to II VI.

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 Gabriel 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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