II-VI, Inc. (NASDAQ:IIVI) gets upgraded to Outperform by Northland Securities with a price target of $31.82

ME Staff
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Analyst Ratings For II-VI, Inc. (NASDAQ:IIVI)

Today, II-VI, Inc. (NASDAQ:IIVI) stock received an upgrade by Northland Securities from Market Perform to Outperform with a price target of $31.82.

There are 8 Buy Ratings, 2 Hold Ratings, 1 Sell Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on II-VI, Inc. (NASDAQ:IIVI) is Buy with a consensus target price of $50.0745 per share, a potential 54.42% upside.

Some recent analyst ratings include

  • 12/31/2018-II-VI, Inc. (NASDAQ:IIVI) gets upgraded to Outperform by Northland Securities with a price target of $31.82
  • 11/2/2018-II-VI, Inc. (NASDAQ:IIVI) gets downgraded to Neutral by B. Riley
  • 10/23/2018-II-VI, Inc. (NASDAQ:IIVI) has coverage initiated with a Buy rating
  • On 9/25/2018 David G Wagner, VP, sold 4,833 with an average share price of $49.00 per share and the total transaction amounting to $236,817.00.
  • On 9/18/2018 David G Wagner, VP, sold 200 with an average share price of $49.00 per share and the total transaction amounting to $9,800.00.
  • On 9/4/2018 David G Wagner, VP, sold 33,076 with an average share price of $48.01 per share and the total transaction amounting to $1,587,978.76.
  • On 8/29/2018 Francis J Kramer, Director, sold 910 with an average share price of $50.00 per share and the total transaction amounting to $45,500.00.
  • On 8/16/2018 Marc Y E Pelaez, Director, sold 4,485 with an average share price of $45.40 per share and the total transaction amounting to $203,619.00.
  • On 8/10/2018 Joseph J. Corasanti, Director, sold 40,120 with an average share price of $44.88 per share and the total transaction amounting to $1,800,585.60.
  • On 8/10/2018 Mary Jane Raymond, CFO, sold 4,000 with an average share price of $44.88 per share and the total transaction amounting to $179,520.00.

About II-VI, Inc. (NASDAQ:IIVI)
II-VI Incorporated develops, manufactures, and markets engineered materials, and optoelectronic components and devices worldwide. The company operates in three segments: II-VI Laser Solutions, II-VI Photonics, and II-VI Performance Products. The II-VI Laser Solutions segment offers optical and electro-optical components and materials primarily used in high-power CO2 lasers; fiber-delivered beam delivery systems, and processing tools and direct diode lasers for industrial lasers; direct diode laser modules, sub-systems, and systems; super-hard materials processing laser systems; and compound semiconductor epitaxial and gallium arsenide wafers. The II-VI Photonics segment provides crystal materials, optics, microchip lasers, and optoelectronic modules for use in optical communication networks and other consumer, life sciences, and commercial applications. It also offers pump lasers, optical isolators, and optical amplifiers and micro-optics for optical amplifiers for terrestrial and submarine applications within the optical communications market. The II-VI Performance Products segment provides infrared optical components and high-precision optical assemblies for military, medical, and commercial laser imaging applications; and silicon carbide engineered materials for thermoelectric devices and subsystems for silicon carbide applications. The company serves OEMs, laser end-users, system integrators of high-power lasers, manufacturers of equipment and devices for the industrial, optical communications, military, semiconductor, medical and life science markets, consumers, the U.S. government prime contractors, various U.S. government agencies, and thermoelectric integrators. It has strategic collaboration with Sumitomo Electric Device Innovations, Inc. to establish vertically integrated wafer fabrication platform. II-VI Incorporated was founded in 1971 and is headquartered in Saxonburg, Pennsylvania.

Recent Trading Activity for II-VI, Inc. (NASDAQ:IIVI)
Shares of II-VI, Inc. closed the previous trading session at 32.44 up +0.62 1.95% with 31.94 shares trading hands.