Intevac Inc (NASDAQ: IVAC) has reported a loss for its second fiscal quarter (ending June 30) of $-0.12 versus a loss $-0.19 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $-0.35 compared to $-0.61 a year ago.
Recent Price Action
Intevac Inc (NASDAQ: IVAC) stock closed at $3.60 on 8/5/24 after a slight decline of -0.3%. However, trading volume in this decline was unusually low at 58% of normal. The stock has declined -2.4% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns 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 D (Negative). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Intevac has a slightly negative Power Rating of 39 and a poor Appreciation Score of 29, and the Negative Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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