Identiv (INVE) Scheduled to Post Quarterly Earnings on Thursday

Identiv (NASDAQ:INVE) is set to release its earnings data after the market closes on Thursday, November 7th. Analysts expect Identiv to post earnings of ($0.26) per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Identiv (NASDAQ:INVE) last announced its quarterly earnings data on Thursday, August 8th. The technology company reported ($0.31) EPS for the quarter, missing analysts’ consensus estimates of ($0.26) by ($0.05). Identiv had a negative return on equity of 18.44% and a negative net margin of 13.77%. The company had revenue of $6.74 million for the quarter, compared to analyst estimates of $24.00 million. On average, analysts expect Identiv to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Identiv Trading Down 2.0 %

Shares of Identiv stock opened at $3.43 on Tuesday. Identiv has a 52-week low of $2.95 and a 52-week high of $9.24. The company has a 50 day moving average of $3.50 and a 200 day moving average of $3.93.

Analyst Ratings Changes

INVE has been the subject of a number of analyst reports. Craig Hallum lowered their target price on shares of Identiv from $8.00 to $6.00 and set a “buy” rating for the company in a research note on Friday, August 9th. StockNews.com cut Identiv from a “hold” rating to a “sell” rating in a research report on Friday, August 9th. Finally, B. Riley cut their target price on Identiv from $9.50 to $8.50 and set a “buy” rating on the stock in a research report on Friday, August 9th.

Identiv Company Profile

Identiv, Inc, a security technology company, that provides secure identification and physical security solutions that secure things, data, and physical places worldwide. It operates in two segments, Identity and Premises. The Identity segment offers products and solutions that enables secure access to information serving the logical access and cyber security markets, as well as protecting connected objects and information using radio-frequency identification embedded security.