Infineon Technologies (IFNNY) to Release Earnings on Tuesday

Infineon Technologies (OTCMKTS:IFNNY) is expected to be posting its results after the market closes on Tuesday, February 3rd. Analysts expect Infineon Technologies to post earnings of $0.3837 per share and revenue of $3.6509 billion for the quarter.

Infineon Technologies (OTCMKTS:IFNNY) last released its earnings results on Wednesday, November 12th. The technology company reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.06). Infineon Technologies had a net margin of 7.57% and a return on equity of 10.87%. The firm had revenue of $4.57 billion during the quarter, compared to analyst estimates of $3.92 billion. 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

Shares of Infineon Technologies stock opened at $49.69 on Tuesday. The company has a current ratio of 1.70, a quick ratio of 0.98 and a debt-to-equity ratio of 0.36. The business has a 50-day moving average price of $44.03 and a two-hundred day moving average price of $41.53. Infineon Technologies has a 1-year low of $25.80 and a 1-year high of $50.36. The company has a market cap of $64.89 billion, a P/E ratio of 54.60, a PEG ratio of 1.05 and a beta of 1.78.

Wall Street Analyst Weigh In

Separately, Zacks Research raised Infineon Technologies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 13th. Three equities research analysts have rated the stock with a Strong Buy rating, Based on data from MarketBeat, Infineon Technologies presently has a consensus rating of “Strong Buy”.

About Infineon Technologies

Infineon Technologies AG (OTCMKTS:IFNNY) is a global semiconductor manufacturer that develops, manufactures and markets a broad range of semiconductor and system solutions. The company’s product portfolio includes power semiconductors and modules, microcontrollers and system-on-chip (SoC) solutions, analog and mixed-signal components, sensors and security controllers. Infineon’s technologies are used to enable energy-efficient power conversion, electrification, connectivity and secure data processing across multiple end markets.

Infineon was formed as a spin-off from Siemens AG in 1999 and is headquartered near Munich in Neubiberg, Germany.