Is Intevac Stock a Good Investment?

Intevac Investment Advice

IVAC

To provide specific investment advice or recommendations on Intevac stock, we recommend investors consider the following general factors when evaluating Intevac. This will help you to make an informed decision on whether to include Intevac in one of your diversified portfolios:

Examine Intevac's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
Research Intevac's leadership team and their track record. Good management can help Intevac navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
Consider the overall health of the Technology Hardware, Storage & Peripherals space and any emerging trends that could impact Intevac's business and its evolving consumer preferences.
Compare Intevac's performance and market position to its competitors. Analyze how Intevac is positioned in terms of product offerings, innovation, and market share.
Check if Intevac pays a dividend and its dividend yield and payout ratio.
Review what financial analysts are saying about Intevac's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.

It's important to note that investing in Intevac stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Intevac is a good investment.

Sell

Buy

Cautious Hold

We provide advice to complement the regular expert consensus on Intevac. Our dynamic recommendation engine utilizes a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time. To make sure Intevac is not overpriced, please check out all Intevac fundamentals, including its price to sales, cash per share, short ratio, as well as the relationship between the ebitda and current ratio . Given that Intevac has a price to earning of 4.50 X, we strongly advise you to confirm Intevac market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your regular risk tolerance and investing horizon.

Market Performance	Modest	Details
Volatility	Slightly risky	Details
Hype Condition	Low key	Details
Current Valuation	Undervalued	Details
Odds Of Distress	Low	Details
Economic Sensitivity	Follows the market closely	Details
Investor Sentiment	Interested	Details
Analyst Consensus	Buy	Details
Financial Strenth (F Score)	Frail	Details
Financial Leverage	Inapplicable	Details
Reporting Quality (M-Score)	Unlikely Manipulator	Details

Examine Intevac Stock

Researching Intevac's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 74.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 0.86. Some equities with similar Price to Book (P/B) outperform the market in the long run. Intevac recorded a loss per share of 0.42. The entity had not issued any dividends in recent years.

To determine if Intevac is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Intevac's research are outlined below:

	The company reported the previous year's revenue of 52.66 M. Net Loss for the year was (12.61 M) with profit before overhead, payroll, taxes, and interest of 15.84 M.
	Intevac currently holds about 84.84 M in cash with (36.81 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.34.
	Intevac has a frail financial position based on the latest SEC disclosures
	Roughly 74.0% of the company shares are owned by institutional investors
	Latest headline from news.google.com: Should You Get Rid of Intevac Now - Yahoo Movies Canada

Intevac Quarterly Liabilities And Stockholders Equity

157.24 Million

Intevac uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Intevac. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Intevac's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.

	5th of February 2024 Upcoming Quarterly Report	View
	31st of December 2023 Next Fiscal Quarter End	View

Earnings surprises can significantly impact Intevac's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Intevac's investors have experienced.

Reported	Fiscal Date	Estimated EPS	Reported EPS	Surprise
2012-07-31	2012-06-30	-0.07	-0.06	0.01	14
2004-07-13	2004-06-30	0.03	0.04	0.01	33
2004-01-30	2003-12-31	-0.03	-0.04	-0.01	33
2022-11-02	2022-09-30	-0.15	-0.13	0.02	13
2021-02-03	2020-12-31	0.03	0.05	0.02	66
2020-10-26	2020-09-30	-0.04	-0.02	0.02	50
2020-01-29	2019-12-31	0.2	0.22	0.02	10
2015-05-04	2015-03-31	-0.14	-0.12	0.02	14

Know Intevac's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Intevac is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Intevac backward and forwards among themselves. Intevac's institutional investor refers to the entity that pools money to purchase Intevac's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.

		Shares
Gabelli Funds Llc	2023-12-31	352.7 K
State Street Corporation	2023-12-31	327.8 K
Teton Advisors Inc	2023-12-31	300.5 K
Gabelli Securities Inc	2023-12-31	256.9 K
Westerly Capital Management Llc	2023-12-31	250 K
Northern Trust Corp	2023-12-31	227.9 K
King Luther Capital Management Corp	2023-12-31	190.3 K
Penbrook Management Llc	2023-12-31	171.9 K
Acuitas Investments, Llc	2023-12-31	164.3 K
Bleichroeder Lp	2023-12-31	5 M
Royce & Associates, Lp	2023-12-31	3.4 M

Note, although Intevac's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Intevac's market capitalization trends

The company currently falls under 'Small-Cap' category with a current market capitalization of 111.92 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Intevac's market, we take the total number of its shares issued and multiply it by Intevac's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Market Cap

118.18 Million

Intevac's profitablity analysis

Intevac's profitability indicators refer to fundamental financial ratios that showcase Intevac's ability to generate income relative to its revenue or operating costs. If, let's say, Intevac is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Intevac's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Intevac's profitability requires more research than a typical breakdown of Intevac's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.

	Last Reported	Projected for Next Year
Return On Tangible Assets	(0.1)	(0.11)
Return On Capital Employed	(0.13)	(0.12)
Return On Assets	(0.1)	(0.11)
Return On Equity	(0.12)	(0.13)

The company has Profit Margin (PM) of (0.2) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.46) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.46.

Determining Intevac's profitability involves analyzing its financial statements and using various financial metrics to determine if Intevac is a good buy. For example, gross profit margin measures Intevac's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Intevac's profitability and make more informed investment decisions.

The data published in Intevac's official financial statements usually reflect Intevac's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Intevac. For example, before you start analyzing numbers published by Intevac accountants, it's critical to develop an understanding of what Intevac's liquidity, profitability, and earnings quality are in the context of the Technology Hardware, Storage & Peripherals space in which it operates.

Please note, the presentation of Intevac's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Intevac's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Intevac's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Intevac. Please utilize our Beneish M Score to check the likelihood of Intevac's management manipulating its earnings.

Evaluate Intevac's management efficiency

Intevac has return on total asset (ROA) of (0.0454) % which means that it has lost $0.0454 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0945) %, meaning that it created substantial loss on money invested by shareholders. Intevac's management efficiency ratios could be used to measure how well Intevac manages its routine affairs as well as how well it operates its assets and liabilities. As of May 7, 2024, Return On Tangible Assets is expected to decline to -0.11. The current year's Return On Capital Employed is expected to grow to -0.12. At present, Intevac's Fixed Asset Turnover is projected to increase slightly based on the last few years of reporting.

	Last Reported	Projected for Next Year
Book Value Per Share	4.41	3.59
Net Current Asset Value	0.00	0.00
Tangible Asset Value	0.00	0.00
Tangible Book Value Per Share	4.37	3.38
Enterprise Value Over EBITDA	(4.00)	(3.80)
Price Book Value Ratio	1.52	3.04
Enterprise Value Multiple	(4.00)	(3.80)
Price Fair Value	1.52	3.04
Enterprise Value	118.9 M	81.5 M

The analysis of Intevac's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Intevac's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Intevac Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.

Beta

0.767

Basic technical analysis of Intevac Stock

As of the 7th of May, Intevac retains the Market Risk Adjusted Performance of 0.137, risk adjusted performance of 0.0268, and Downside Deviation of 2.34. Intevac technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Intevac, which can be compared to its competitors. Please check out Intevac maximum drawdown, as well as the relationship between the downside variance and skewness to decide if Intevac is priced fairly, providing market reflects its last-minute price of 4.26 per share. Given that Intevac has jensen alpha of 0.0329, we strongly advise you to confirm Intevac's regular market performance to make sure the company can sustain itself at a future point.

Intevac's insider trading activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Intevac insiders, such as employees or executives, is commonly permitted as long as it does not rely on Intevac's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Intevac insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

		Soulsby Kevin over six months ago Acquisition by Soulsby Kevin of 30000 shares of Intevac subject to Rule 16b-3
		Christopher Smith over six months ago Exercise or conversion by Christopher Smith of 1563 shares of Intevac subject to Rule 16b-3
		Soulsby Kevin over six months ago Intevac exotic insider transaction detected
		Christopher Smith over six months ago Purchase by Christopher Smith of 5000 shares of Intevac

Understand Intevac's technical and predictive indicators

Using predictive indicators to make investment decisions involves analyzing Intevac's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.

	Risk Adjusted Performance	0.0268
	Market Risk Adjusted Performance	0.137
	Mean Deviation	1.63
	Semi Deviation	2.08
	Downside Deviation	2.34
	Coefficient Of Variation	3241.12
	Standard Deviation	2.52
	Variance	6.33
	Information Ratio	9.0E-4
	Jensen Alpha	0.0329
	Total Risk Alpha	(0.20)
	Sortino Ratio	0.001
	Treynor Ratio	0.127
	Maximum Drawdown	14.64
	Value At Risk	(4.10)
	Potential Upside	3.84
	Downside Variance	5.48
	Semi Variance	4.34
	Expected Short fall	(1.94)
	Skewness	1.09
	Kurtosis	4.71

	Risk Adjusted Performance	0.0268
	Market Risk Adjusted Performance	0.137
	Mean Deviation	1.63
	Semi Deviation	2.08
	Downside Deviation	2.34
	Coefficient Of Variation	3241.12
	Standard Deviation	2.52
	Variance	6.33
	Information Ratio	9.0E-4
	Jensen Alpha	0.0329
	Total Risk Alpha	(0.20)
	Sortino Ratio	0.001
	Treynor Ratio	0.127
	Maximum Drawdown	14.64
	Value At Risk	(4.10)
	Potential Upside	3.84
	Downside Variance	5.48
	Semi Variance	4.34
	Expected Short fall	(1.94)
	Skewness	1.09
	Kurtosis	4.71

Consider Intevac's intraday indicators

Intevac intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Intevac stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

	Accumulation Distribution	0.0485
	Daily Balance Of Power	0.2381
	Rate Of Daily Change	1.01
	Day Median Price	4.22
	Day Typical Price	4.24
	Market Facilitation Index	0.21
	Price Action Indicator	0.06
	Period Momentum Indicator	0.05

Intevac Corporate Filings

10Q	30th of April 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations	View Verify
8K	25th of April 2024 Report filed with the SEC to announce major events that shareholders should know about	View Verify
	10th of April 2024 Other Reports	View Verify
10K	15th of February 2024 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance	View Verify

Intevac time-series forecasting models is one of many Intevac's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Intevac's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Intevac Stock media impact

Far too much social signal, news, headlines, and media speculation about Intevac that are available to investors today. That information is available publicly through Intevac media outlets and privately through word of mouth or via Intevac internal channels. However, regardless of the origin, that massive amount of Intevac data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.

A primary focus of Intevac news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Intevac relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Intevac's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Intevac alpha.

Intevac Sentiment by Major News Outlets

Investor sentiment, mood or attitude towards Intevac can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.

Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Intevac without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Intevac Corporate Management

Elected by the shareholders, the Intevac's board of directors comprises two types of representatives: Intevac inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Intevac. The board's role is to monitor Intevac's management team and ensure that shareholders' interests are well served. Intevac's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Intevac's outside directors are responsible for providing unbiased perspectives on the board's policies.

Samuel Harkness	Vice Technology	Profile
John Dickinson	Vice Operations	Profile
Claire McAdams	Investor Relations and Strategic Initiatives	Profile
Kevin Soulsby	Interim Secretary	Profile
Eva Valencia	Vice Sales	Profile
Sam Harkness	VP Technology	Profile

How to buy Intevac Stock?

Examine Intevac's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
Research Intevac's leadership team and their track record. Good management can help Intevac navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
Consider the overall health of the Technology Hardware, Storage & Peripherals space and any emerging trends that could impact Intevac's business and its evolving consumer preferences.
Compare Intevac's performance and market position to its competitors. Analyze how Intevac is positioned in terms of product offerings, innovation, and market share.
Check if Intevac pays a dividend and its dividend yield and payout ratio.
Review what financial analysts are saying about Intevac's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.

Already Invested in Intevac?

The danger of trading Intevac is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Intevac is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Intevac. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Intevac is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.

When determining whether Intevac offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Intevac's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Intevac Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Intevac Stock: