Infineon Technologies (IFNNY) Projected to Post Quarterly Earnings on Tuesday

Infineon Technologies (OTCMKTS:IFNNY) is projected to announce its results after the market closes on Tuesday, November 11th. Analysts expect the company to announce earnings of $0.46 per share and revenue of $3.9224 billion for the quarter.

Infineon Technologies (OTCMKTS:IFNNY) last issued its quarterly earnings results on Tuesday, August 5th. The technology company reported $0.42 EPS for the quarter, beating the consensus estimate of $0.36 by $0.06. The firm had revenue of $4.28 billion during the quarter, compared to analysts’ expectations of $3.71 billion. Infineon Technologies had a return on equity of 11.63% and a net margin of 4.77%. On average, analysts expect Infineon Technologies to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Infineon Technologies Stock Performance

OTCMKTS:IFNNY traded down $0.35 on Tuesday, hitting $39.49. The company’s stock had a trading volume of 40,365 shares, compared to its average volume of 339,918. The company has a current ratio of 1.78, a quick ratio of 0.99 and a debt-to-equity ratio of 0.25. The stock has a fifty day moving average of $39.01 and a two-hundred day moving average of $39.49. The firm has a market capitalization of $51.57 billion, a P/E ratio of 69.28, a price-to-earnings-growth ratio of 3.07 and a beta of 1.86. Infineon Technologies has a one year low of $25.80 and a one year high of $45.13.

Analyst Ratings Changes

IFNNY has been the topic of several research analyst reports. Wall Street Zen upgraded Infineon Technologies from a “hold” rating to a “buy” rating in a research note on Sunday, July 20th. DZ Bank upgraded Infineon Technologies from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 6th. Finally, Zacks Research lowered Infineon Technologies from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 1st. Two research analysts have rated the stock with a Strong Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Buy”.

Infineon Technologies Company Profile

Infineon Technologies AG designs, develops, manufactures, and markets semiconductors and semiconductor-based solutions worldwide. Its Automotive segment offers automotive microcontrollers; 3D ToF, magnetic, and pressure sensors; discrete power semiconductors; IGBT modules; industrial microcontrollers; power and memory ICs; transceivers; diodes, MOSEFTs, and modules; and voltage regulators for use in assistance and safety systems, comfort electronics, infotainment, powertrain, and security products.