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.
ILLEGAL ACTIVITY NOTICE: “Infineon Technologies AG (IFNNY) Stock Rating Reaffirmed by Sanford C. Bernstein” was first published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this news story on another website, it was stolen and reposted in violation of US and international copyright & trademark laws. The correct version of this news story can be accessed at https://ledgergazette.com/2017/09/14/infineon-technologies-ag-ifnny-stock-rating-reaffirmed-by-sanford-c-bernstein.html.
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.
Receive News & Ratings for Infineon Technologies AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Infineon Technologies AG and related companies with MarketBeat.com's FREE daily email newsletter.