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

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

Infineon Technologies (OTCMKTS:IFNNY) last issued its earnings results on Tuesday, August 5th. The technology company reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.36 by $0.06. Infineon Technologies had a return on equity of 11.63% and a net margin of 4.77%.The firm had revenue of $4.28 billion for the quarter, compared to the consensus estimate of $3.71 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 Price Performance

Shares of OTCMKTS IFNNY traded down $0.35 during mid-day trading on Tuesday, hitting $39.49. 40,365 shares of the stock traded hands, compared to its average volume of 339,918. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.78 and a quick ratio of 0.99. Infineon Technologies has a twelve month low of $25.80 and a twelve month high of $45.13. The company has a market cap of $51.57 billion, a PE ratio of 69.28, a price-to-earnings-growth ratio of 3.07 and a beta of 1.86. The firm has a 50 day simple moving average of $39.01 and a two-hundred day simple moving average of $39.49.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. DZ Bank raised Infineon Technologies from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 6th. Wall Street Zen raised Infineon Technologies from a “hold” rating to a “buy” rating in a research report on Sunday, July 20th. Finally, Zacks Research lowered Infineon Technologies from a “hold” rating to a “strong sell” rating in a research report on Wednesday, October 1st. Two investment analysts have rated the stock with a Strong Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus 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.