Intevac (IVAC) Scheduled to Post Quarterly Earnings on Monday

Intevac (NASDAQ:IVAC) is scheduled to be announcing its earnings results after the market closes on Monday, April 29th. Investors interested in registering for the company’s conference call can do so using this link.

Intevac (NASDAQ:IVAC) last announced its quarterly earnings data on Monday, February 5th. The electronics maker reported ($0.07) earnings per share (EPS) for the quarter. The firm had revenue of $12.91 million during the quarter. Intevac had a negative return on equity of 9.31% and a negative net margin of 23.15%.

Intevac Price Performance

Shares of NASDAQ IVAC opened at $3.61 on Monday. The stock has a market cap of $95.95 million, a PE ratio of -7.68 and a beta of 0.73. The firm has a fifty day moving average price of $3.84 and a 200-day moving average price of $3.88. Intevac has a 1 year low of $3.07 and a 1 year high of $7.28.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Intevac from a “sell” rating to a “hold” rating in a research note on Monday, February 19th.

Hedge Funds Weigh In On Intevac

Several institutional investors have recently bought and sold shares of the stock. BlackRock Inc. grew its stake in Intevac by 181.0% during the second quarter. BlackRock Inc. now owns 1,568,027 shares of the electronics maker’s stock valued at $5,880,000 after acquiring an additional 1,009,919 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in Intevac by 6.9% during the first quarter. Dimensional Fund Advisors LP now owns 1,496,324 shares of the electronics maker’s stock valued at $10,968,000 after acquiring an additional 96,436 shares in the last quarter. Vanguard Group Inc. grew its stake in Intevac by 4.5% during the fourth quarter. Vanguard Group Inc. now owns 1,276,108 shares of the electronics maker’s stock valued at $5,513,000 after acquiring an additional 55,530 shares in the last quarter. Renaissance Technologies LLC grew its stake in Intevac by 19.0% during the second quarter. Renaissance Technologies LLC now owns 630,577 shares of the electronics maker’s stock valued at $2,365,000 after acquiring an additional 100,900 shares in the last quarter. Finally, Kennedy Capital Management LLC grew its stake in Intevac by 13.9% during the second quarter. Kennedy Capital Management LLC now owns 595,919 shares of the electronics maker’s stock valued at $2,235,000 after acquiring an additional 72,845 shares in the last quarter. 60.27% of the stock is owned by hedge funds and other institutional investors.

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.