$0.47 EPS Expected for Gannett Co., Inc. (GCI); Ii-vi (IIVI)’s Sentiment Is 1.08

January 16, 2018 - By Vivian Currie

II-VI Incorporated develops, manufactures, and markets engineered materials, and optoelectronic components and devices worldwide. The company has market cap of $3.21 billion. The companyÂ’s II-VI Laser Solutions segment provides optical and electro-optical components and materials for use in high-power CO2 lasers, and fiber-delivered beam delivery systems and processing tools, as well as offers direct diode lasers for industrial lasers under the II-VI HIGHYAG and II-VI Laser Enterprise brands; compound semiconductor epitaxial wafers for optical components, wireless devices, and high-speed communication systems applications; and 6-inch gallium arsenide wafers for use in production of high performance lasers and integrated circuits under the II-VI EpiWorks and II-VI OptoElectronic Devices Division brands. It has a 33.47 P/E ratio. The Company’s II-VI Photonics segment provides crystal materials, optics, microchip lasers, and optoelectronic modules for use in optical communication networks, and other various consumer and commercial applications.

Analysts expect Gannett Co., Inc. (NYSE:GCI) to report $0.47 EPS on February, 8.They anticipate $0.03 EPS change or 6.00% from last quarter’s $0.5 EPS. GCI’s profit would be $52.52 million giving it 6.30 P/E if the $0.47 EPS is correct. After having $0.16 EPS previously, Gannett Co., Inc.’s analysts see 193.75% EPS growth. The stock increased 2.96% or $0.34 during the last trading session, reaching $11.84. About 1.00M shares traded. Gannett Co., Inc. (NYSE:GCI) has declined 53.54% since January 16, 2017 and is downtrending. It has underperformed by 70.24% the S&P500.

Gannett Co., Inc. operates as a news and information company. The company has market cap of $1.32 billion. The firm operates through Publishing and ReachLocal divisions. It has a 30.91 P/E ratio. The firm offers approximately print and digital daily and non-daily publications under the USA TODAY brand name in the United States; and Newsquest, which has print and online publications portfolio of approximately 165 news brands and 55 magazines in the United Kingdom.

Among 6 analysts covering Gannett (NYSE:GCI), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. Gannett had 11 analyst reports since September 1, 2015 according to SRatingsIntel. The company was maintained on Monday, October 10 by . JP Morgan maintained it with “Neutral” rating and $16 target in Monday, November 2 report. The rating was initiated by Argus Research on Friday, September 4 with “Hold”. The stock of Gannett Co., Inc. (NYSE:GCI) earned “Buy” rating by Noble Financial on Wednesday, November 2. The stock of Gannett Co., Inc. (NYSE:GCI) earned “Hold” rating by Argus Research on Monday, February 13. The firm has “Hold” rating given on Tuesday, September 1 by Zacks. Argus Research initiated the stock with “Hold” rating in Tuesday, September 8 report. Argus Research upgraded the stock to “Buy” rating in Thursday, November 5 report. The stock has “Hold” rating by Jefferies on Monday, July 11. Cantor Fitzgerald initiated Gannett Co., Inc. (NYSE:GCI) on Wednesday, October 7 with “Buy” rating.

Investors sentiment increased to Infinity in 2017 Q3. Its up Infinity, from 2 in 2017Q2. It improved, as 0 investors sold Gannett Co., Inc. shares while 0 reduced holdings. 0 funds opened positions while 1 raised stakes. 25,430 shares or 108.19% more from 12,215 shares in 2017Q2 were reported. Gemmer Asset Mgmt Ltd Com, a California-based fund reported 930 shares. Marshwinds Advisory holds 0.07% or 11,785 shares.

The stock increased 1.48% or $0.75 during the last trading session, reaching $51.45. About 279,252 shares traded. II-VI Incorporated (IIVI) has risen 55.26% since January 16, 2017 and is uptrending. It has outperformed by 38.56% the S&P500.

Rodgers Brothers Inc. holds 10.66% of its portfolio in II-VI Incorporated for 736,397 shares. Bard Associates Inc owns 191,303 shares or 3.66% of their US portfolio. Moreover, Tygh Capital Management Inc. has 1.87% invested in the company for 227,581 shares. The New York-based Needham Investment Management Llc has invested 1.77% in the stock. Mesirow Financial Investment Management, a Alabama-based fund reported 518,627 shares.

Since January 1, 0001, it had 0 buys, and 1 sale for $1.05 million activity.

Ratings analysis reveals 100% of II-VI’s analysts are positive. Out of 2 Wall Street analysts rating II-VI, 2 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $29.0 while the high is $30.0. The stock’s average target of $29.50 is -42.66% below today’s ($51.45) share price. IIVI was included in 2 notes of analysts from October 24, 2016. Needham maintained II-VI Incorporated (NASDAQ:IIVI) rating on Monday, October 24. Needham has “Buy” rating and $29.0 target. Benchmark maintained II-VI Incorporated (NASDAQ:IIVI) on Tuesday, October 25 with “Buy” rating.

Analysts await II-VI Incorporated (NASDAQ:IIVI) to report earnings on January, 23. They expect $0.37 EPS, down 24.49% or $0.12 from last year’s $0.49 per share. IIVI’s profit will be $23.08M for 34.76 P/E if the $0.37 EPS becomes a reality. After $0.32 actual EPS reported by II-VI Incorporated for the previous quarter, Wall Street now forecasts 15.63% EPS growth.