Infineon Technologies (OTCMKTS:IFNNY - Get Free Report) was upgraded by research analysts at Susquehanna from a "hold" rating to a "strong-buy" rating in a research report issued on Tuesday,Zacks.com reports.
Separately, Citigroup upgraded shares of Infineon Technologies to a "strong-buy" rating in a research note on Thursday, October 10th.
View Our Latest Stock Report on Infineon Technologies
Infineon Technologies Stock Performance
Shares of OTCMKTS:IFNNY traded down $0.95 during trading on Tuesday, reaching $33.89. The stock had a trading volume of 241,332 shares, compared to its average volume of 203,799. Infineon Technologies has a 52 week low of $30.06 and a 52 week high of $41.84. The firm has a market capitalization of $44.26 billion, a price-to-earnings ratio of 32.28, a P/E/G ratio of 2.48 and a beta of 1.87. The company has a quick ratio of 1.13, a current ratio of 1.90 and a debt-to-equity ratio of 0.27. The stock has a fifty day simple moving average of $33.68 and a two-hundred day simple moving average of $33.66.
Infineon Technologies (OTCMKTS:IFNNY - Get Free Report) last announced its earnings results on Tuesday, November 12th. The technology company reported $0.54 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.51 by $0.03. Infineon Technologies had a net margin of 8.64% and a return on equity of 14.27%. The business had revenue of $4.31 billion for the quarter. As a group, analysts anticipate that Infineon Technologies will post 1.5 earnings per share for the current fiscal year.
About Infineon Technologies
(
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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.
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