May 29, 2023
Infineon Technologies AG (OTCMKTS:IFNNY) Given Average Rating of "Moderate Buy" by Analysts
Infineon Technologies AG (OTCMKTS:IFNNY - Get Free Report) has been given a consensus rating of "Moderate Buy" by the eight research firms that are presently covering the stock, MarketBeat reports.
Infineon Technologies AG (OTCMKTS:IFNNY - Get Free Report) has been given a consensus rating of "Moderate Buy" by the eight research firms that are presently covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company.
Separately, Jefferies Financial Group raised shares of Infineon Technologies from an "underperform" rating to a "hold" rating in a research note on Wednesday, July 12th.
Check Out Our Latest Stock Analysis on Infineon Technologies
Shares of OTCMKTS IFNNY opened at $36.15 on Thursday. Infineon Technologies has a fifty-two week low of $21.43 and a fifty-two week high of $44.46. The company has a market cap of $47.21 billion, a PE ratio of 14.52, a P/E/G ratio of 0.80 and a beta of 1.80. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.21 and a current ratio of 1.88. The business has a 50-day simple moving average of $39.16 and a two-hundred day simple moving average of $38.42.
Infineon Technologies (OTCMKTS:IFNNY - Get Free Report) last issued its earnings results on Thursday, August 3rd. The technology company reported $0.74 EPS for the quarter, beating analysts' consensus estimates of $0.68 by $0.06. Infineon Technologies had a return on equity of 23.28% and a net margin of 19.17%. The firm had revenue of $4.45 billion for the quarter. As a group, equities analysts expect that Infineon Technologies will post 2.89 EPS for the current fiscal year.
Infineon Technologies AG designs, develops, manufactures, and markets semiconductors and related system solutions worldwide. Its Automotive segment offers automotive microcontrollers; 3D ToF, magnetic, and pressure sensors; discrete power semiconductors; IGBT modules; industrial microcontrollers; power and radar sensor ICs; transceivers; SiC diodes, MOSEFTs, and modules; and voltage regulators for use in assistance and safety systems, comfort electronics, infotainment, powertrain, and security products.
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