Intevac (IVAC) to Release Quarterly Earnings on Tuesday

Intevac (NASDAQ:IVAC) is projected to release its earnings data after the market closes on Tuesday, February 25th. Analysts expect Intevac to post earnings of ($0.18) per share and revenue of $9.88 million for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Intevac Stock Performance

Shares of Intevac stock opened at $4.04 on Monday. Intevac has a 1 year low of $2.46 and a 1 year high of $4.42. The company has a market capitalization of $109.76 million, a P/E ratio of -12.24 and a beta of 0.65. The company’s fifty day moving average is $3.53 and its two-hundred day moving average is $3.36.

Intevac Announces Dividend

The firm also recently disclosed a — dividend, which will be paid on Thursday, March 13th. Shareholders of record on Friday, February 28th will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Friday, February 28th. Intevac’s payout ratio is currently -60.61%.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. StockNews.com downgraded shares of Intevac from a “hold” rating to a “sell” rating in a report on Friday, February 14th. 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.