We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Infineon Technologies AG (IFNNY) Dips More Than Broader Markets: What You Should Know
Read MoreHide Full Article
Infineon Technologies AG (IFNNY - Free Report) closed the most recent trading day at $33.24, moving -1.07% from the previous trading session. This change lagged the S&P 500's 0.22% loss on the day. Elsewhere, the Dow lost 0.31%, while the tech-heavy Nasdaq lost 0.23%.
Prior to today's trading, shares of the company had lost 5.25% over the past month. This has lagged the Computer and Technology sector's gain of 3.73% and the S&P 500's gain of 2.08% in that time.
Infineon Technologies AG will be looking to display strength as it nears its next earnings release. On that day, Infineon Technologies AG is projected to report earnings of $0.69 per share, which would represent year-over-year growth of 9.52%.
Any recent changes to analyst estimates for Infineon Technologies AG should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Infineon Technologies AG is currently sporting a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Infineon Technologies AG has a Forward P/E ratio of 11.66 right now. This valuation marks a discount compared to its industry's average Forward P/E of 26.57.
It is also worth noting that IFNNY currently has a PEG ratio of 0.76. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. IFNNY's industry had an average PEG ratio of 4.71 as of yesterday's close.
The Electronics - Semiconductors industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 186, putting it in the bottom 27% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Infineon Technologies AG (IFNNY) Dips More Than Broader Markets: What You Should Know
Infineon Technologies AG (IFNNY - Free Report) closed the most recent trading day at $33.24, moving -1.07% from the previous trading session. This change lagged the S&P 500's 0.22% loss on the day. Elsewhere, the Dow lost 0.31%, while the tech-heavy Nasdaq lost 0.23%.
Prior to today's trading, shares of the company had lost 5.25% over the past month. This has lagged the Computer and Technology sector's gain of 3.73% and the S&P 500's gain of 2.08% in that time.
Infineon Technologies AG will be looking to display strength as it nears its next earnings release. On that day, Infineon Technologies AG is projected to report earnings of $0.69 per share, which would represent year-over-year growth of 9.52%.
Any recent changes to analyst estimates for Infineon Technologies AG should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Infineon Technologies AG is currently sporting a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Infineon Technologies AG has a Forward P/E ratio of 11.66 right now. This valuation marks a discount compared to its industry's average Forward P/E of 26.57.
It is also worth noting that IFNNY currently has a PEG ratio of 0.76. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. IFNNY's industry had an average PEG ratio of 4.71 as of yesterday's close.
The Electronics - Semiconductors industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 186, putting it in the bottom 27% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.