Infineon Technologies (IFNNY) Expected to Post Earnings on Wednesday

Infineon Technologies (OTCMKTS:IFNNY) is expected to be issuing its resultson Wednesday, August 5th. Analysts expect the company to announce earnings of $0.48 per share and revenue of $4.7767 billion for the quarter.

Infineon Technologies (OTCMKTS:IFNNY) last issued its quarterly earnings data on Wednesday, May 6th. The technology company reported $0.40 EPS for the quarter, missing the consensus estimate of $0.41 by ($0.01). The company had revenue of $4.48 billion during the quarter, compared to analyst estimates of $4.46 billion. Infineon Technologies had a return on equity of 11.07% and a net margin of 7.84%. On average, analysts expect Infineon Technologies to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Infineon Technologies Stock Performance

OTCMKTS:IFNNY opened at $66.19 on Wednesday. Infineon Technologies has a fifty-two week low of $35.89 and a fifty-two week high of $103.28. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.90 and a current ratio of 1.59. The company has a 50 day moving average price of $86.35 and a 200 day moving average price of $64.88. The stock has a market capitalization of $86.26 billion, a P/E ratio of 64.89, a PEG ratio of 0.83 and a beta of 2.22.

Analyst Ratings Changes

Separately, Zacks Research cut Infineon Technologies from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Infineon Technologies Company Profile

Infineon Technologies AG (OTCMKTS:IFNNY) is a global semiconductor manufacturer that develops, manufactures and markets a broad range of semiconductor and system solutions. The company’s product portfolio includes power semiconductors and modules, microcontrollers and system-on-chip (SoC) solutions, analog and mixed-signal components, sensors and security controllers. Infineon’s technologies are used to enable energy-efficient power conversion, electrification, connectivity and secure data processing across multiple end markets.

Infineon was formed as a spin-off from Siemens AG in 1999 and is headquartered near Munich in Neubiberg, Germany.