Shares of Infineon Technologies AG (OTCMKTS:IFNNY – Get a rating) received an average rating of “Buy” by the thirteen brokerages that cover the stock, reports MarketBeat Ratings. One equity research analyst rated the stock with a sell recommendation, three issued a hold recommendation and eight issued a buy recommendation on the company. The 12-month average price target among analysts who have updated their coverage of the stock over the past year is $34.99.
IFNNY has been the subject of a number of research analyst reports. Credit Suisse Group raised its price target on Infineon Technologies shares from €48.20 ($52.97) to €48.40 ($53.19) in a Friday, February 4 research report. JPMorgan Chase & Co. cut its price target on Infineon Technologies shares from €5.70 ($6.26) to €5.55 ($6.10) and set a “neutral” rating on the action in a Friday, February 4 report. Citigroup upgraded shares of Infineon Technologies from a “neutral” rating to a “buy” rating in a Monday, January 10, report. Jefferies Financial Group began covering shares of Infineon Technologies in a report on Thursday, February 17. They set an “underperforming” rating on the stock. Finally, Morgan Stanley began covering shares of Infineon Technologies in a report on Monday, December 20. They set an “overweight” rating on the stock.
Infineon Technologies stock opened Tuesday at $30.63. The company has a 50-day moving average price of $38.25 and a 200-day moving average price of $42.58. Infineon Technologies has a 52-week low of $28.03 and a 52-week high of $49.99. The company has a debt ratio of 0.51, a quick ratio of 1.43 and a current ratio of 1.96. The company has a market capitalization of $40.00 billion, a price/earnings ratio of 24.90, a P/E/G ratio of 0.69 and a beta of 1.67.
Infineon Technologies (OTCMKTS: IFNNY – Get a rating) last reported results on Thursday, February 3. The technology company reported earnings per share (EPS) of $0.47 for the quarter, beating analyst consensus estimates of $0.42 by $0.05. Infineon Technologies achieved a net margin of 11.76% and a return on equity of 15.42%. The company had revenue of $3.61 billion in the quarter. Stock analysts expect Infineon Technologies to post earnings per share of 1.94 for the current fiscal year.
The company also recently announced a dividend, which was paid on Tuesday, March 1. Investors of record on Monday, February 21 received a dividend of $0.2134. The ex-dividend date was Friday, February 18. This represents a return of 0.56%. Infineon Technologies’ dividend payout ratio (DPR) is currently 17.07%.
About Infineon Technologies (Get a rating)
Infineon Technologies AG is engaged in the supply of semiconductors and system solutions. It operates through the following segments: Automotive, Industrial Power Control, Power and Sensor Systems and Connected Secure Systems. The Automotive segment designs, develops, manufactures and markets semiconductors for automotive applications.
This instant news alert was powered by MarketBeat’s storytelling science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to [email protected]
Should you invest $1,000 in Infineon Technologies right now?
Before you consider Infineon Technologies, you’ll want to hear this.
MarketBeat tracks Wall Street’s top-rated, top-performing research analysts daily and the stocks they recommend to their clients. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market takes off…and Infineon Technologies was not on the list.
While Infineon Technologies currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
See the 5 actions here