Infineon Technologies (IFNNY) Upgraded to “Buy” by Goldman Sachs Group

Goldman Sachs Group upgraded shares of Infineon Technologies (OTCMKTS:IFNNY) from a neutral rating to a buy rating in a research report report published on Thursday, MarketBeat Ratings reports.

Separately, Zacks Investment Research upgraded Infineon Technologies from a strong sell rating to a hold rating in a research report on Tuesday.

Infineon Technologies (IFNNY) traded up $0.36 during trading on Thursday, reaching $31.10. The company’s stock had a trading volume of 61,976 shares, compared to its average volume of 130,594. Infineon Technologies has a 12 month low of $17.36 and a 12 month high of $31.12. The company has a current ratio of 2.32, a quick ratio of 1.73 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $33,521.80, a P/E ratio of 40.92, a P/E/G ratio of 2.51 and a beta of 0.94.

Infineon Technologies (OTCMKTS:IFNNY) last announced its quarterly earnings results on Tuesday, November 14th. The technology company reported $0.26 earnings per share for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.05). Infineon Technologies had a net margin of 11.15% and a return on equity of 18.05%. equities analysts anticipate that Infineon Technologies will post 1.15 EPS for the current fiscal year.

The company also recently declared a None dividend, which will be paid on Tuesday, March 6th. Stockholders of record on Monday, February 26th will be given a $0.283 dividend. This represents a dividend yield of 0.00963568266939053%. The ex-dividend date of this dividend is Friday, February 23rd. Infineon Technologies’s dividend payout ratio is currently 28.95%.

TRADEMARK VIOLATION WARNING: This piece was originally posted by Ticker Report and is owned by of Ticker Report. If you are viewing this piece on another domain, it was stolen and republished in violation of United States & international trademark & copyright law. The correct version of this piece can be accessed at https://www.tickerreport.com/banking-finance/3146544/infineon-technologies-ifnny-upgraded-to-buy-by-goldman-sachs-group.html.

Infineon Technologies 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 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Infineon Technologies and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


© 2006-2018 Ticker Report. Google+.