Infineon Technologies AG (IFNNY) Stock Rating Reaffirmed by Sanford C. Bernstein

Infineon Technologies AG (NASDAQ:IFNNY)‘s stock had its “outperform” rating reiterated by investment analysts at Sanford C. Bernstein in a report issued on Tuesday.

Other equities research analysts have also issued research reports about the stock. Zacks Investment Research lowered shares of Infineon Technologies AG from a “strong-buy” rating to a “hold” rating in a report on Monday, August 14th. Goldman Sachs Group, Inc. (The) upgraded shares of Infineon Technologies AG from a “neutral” rating to a “buy” rating in a report on Monday, May 15th.

Infineon Technologies AG (NASDAQ:IFNNY) opened at 24.37 on Tuesday. Infineon Technologies AG has a 52-week low of $16.16 and a 52-week high of $24.73. The company has a market cap of $27.51 billion and a PE ratio of 28.30. The firm’s 50 day moving average is $22.78 and its 200 day moving average is $21.22.

Infineon Technologies AG (NASDAQ:IFNNY) last released its earnings results on Tuesday, August 1st. The company reported $0.26 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.28 by ($0.02). The firm had revenue of $2.01 billion during the quarter, compared to the consensus estimate of $2.08 billion. Infineon Technologies AG had a return on equity of 18.51% and a net margin of 13.65%. Analysts forecast that Infineon Technologies AG will post $1.05 EPS for the current fiscal year.

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Infineon Technologies AG Company Profile

Infineon Technologies AG is a Germany-based designer, developer and manufacturer of semiconductors and related system solutions. The Company operates through four segments: Automotive, Industrial Power Control, Power Management & Multimarket, and Chip Card & Security. The Automotive segment designs, develops, manufactures and markets semiconductors for use in automotive applications.

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