Blog

May 29, 2023

Infineon Technologies AG (OTCMKTS:IFNNY) Given Average Rating of "Moderate Buy" by Analysts

Infineon Technologies AG (OTCMKTS:IFNNY - Get Free Report) has been given a consensus rating of "Moderate Buy" by the eight research firms that are presently covering the stock, MarketBeat reports.

Infineon Technologies AG (OTCMKTS:IFNNY - Get Free Report) has been given a consensus rating of "Moderate Buy" by the eight research firms that are presently covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company.

Separately, Jefferies Financial Group raised shares of Infineon Technologies from an "underperform" rating to a "hold" rating in a research note on Wednesday, July 12th.

Check Out Our Latest Stock Analysis on Infineon Technologies

Shares of OTCMKTS IFNNY opened at $36.15 on Thursday. Infineon Technologies has a fifty-two week low of $21.43 and a fifty-two week high of $44.46. The company has a market cap of $47.21 billion, a PE ratio of 14.52, a P/E/G ratio of 0.80 and a beta of 1.80. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.21 and a current ratio of 1.88. The business has a 50-day simple moving average of $39.16 and a two-hundred day simple moving average of $38.42.

Infineon Technologies (OTCMKTS:IFNNY - Get Free Report) last issued its earnings results on Thursday, August 3rd. The technology company reported $0.74 EPS for the quarter, beating analysts' consensus estimates of $0.68 by $0.06. Infineon Technologies had a return on equity of 23.28% and a net margin of 19.17%. The firm had revenue of $4.45 billion for the quarter. As a group, equities analysts expect that Infineon Technologies will post 2.89 EPS for the current fiscal year.

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

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Before you consider Infineon Technologies, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Infineon Technologies wasn't on the list.

While Infineon Technologies currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Wondering when you'll finally be able to invest in SpaceX, StarLink or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.

Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:

View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.

Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.

Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.