Intevac (IVAC) Expected to Announce Quarterly Earnings on Monday

Intevac (NASDAQ:IVAC) is projected to announce its earnings results before the market opens on Monday, February 17th. Analysts expect the company to announce earnings of ($0.18) per share and revenue of $9.88 million for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Intevac Trading Up 0.2 %

NASDAQ:IVAC opened at $4.04 on Friday. Intevac has a 1-year low of $2.46 and a 1-year high of $4.42. The firm has a fifty day simple moving average of $3.43 and a 200 day simple moving average of $3.36. The stock has a market capitalization of $108.96 million, a PE ratio of -12.24 and a beta of 0.65.

Analysts Set New Price Targets

Several equities analysts recently weighed in on IVAC shares. StockNews.com cut shares of Intevac from a “hold” rating to a “sell” rating in a research note on Friday. Benchmark reaffirmed a “hold” rating on shares of Intevac in a report on Tuesday, November 12th.

Intevac Company Profile

Intevac, Inc, together with its subsidiaries, engages in the designing, developing, and manufacturing thin-film processing systems in the United States, Europe, and Asia. It designs, develops, and markets vacuum process equipment solutions for manufacturing small substrates with precise thin-film properties, such as hard disk drive, advanced coatings, and other adjacent thin-film markets.