The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict II-VI's revenues will grow 10.7% and EPS will compress -7.1%.
The average estimate for revenue is $146.8 million. On the bottom line, the average EPS estimate is $0.26.
Last quarter, II-VI notched revenue of $125.9 million. GAAP reported sales were 0.7% lower than the prior-year quarter's $126.8 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.20. GAAP EPS of $0.19 for Q2 were 9.5% lower than the prior-year quarter's $0.21 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 37.2%, 290 basis points better than the prior-year quarter. Operating margin was 12.6%, 140 basis points better than the prior-year quarter. Net margin was 9.7%, 80 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $563.7 million. The average EPS estimate is $0.93.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,281 members out of 1,302 rating the stock outperform, and 21 members rating it underperform. Among 372 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 367 give II-VI a green thumbs-up, and five give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on II-VI is outperform, with an average price target of $19.38.
Looking for alternatives to II-VI? It takes more than great companies to build a fortune for the future. Learn the basic financial habits of millionaires next door and get focused stock ideas in our free report, "3 Stocks That Will Help You Retire Rich." Click here for instant access to this free report.
- Add II-VI to My Watchlist.