Intevac Inc (NASDAQ: IVAC) has reported E.P.S. of $-0.10 for its first fiscal quarter (ending March 31) versus $-0.16 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $-0.42 versus $-0.52 for the same period a year ago.
Recent Price Action
Intevac Inc (NASDAQ: IVAC) stock enjoyed a major increase of 10.5% on 4/25/24. The shares closed at $4.09. Moreover, this advance was accompanied by exceptionally high trading volume at 628% of normal. The stock has been strong relative to the market over the last nine months and has risen 12.7% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, IVAC is expected to continue to be Value Creation neutral.
Intevac has a current Value Trend Rating of C (Low Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Intevac has a poor Appreciation Score of 27 but a slightly positive Power Rating of 70, and the Low Neutral Value Trend Rating results.
Rating Review
In light of this new information and very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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