Infineon Technologies (OTCMKTS:IFNNY) Announces Earnings Results

Infineon Technologies (OTCMKTS:IFNNYGet Free Report) released its earnings results on Tuesday. The technology company reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.10, Zacks reports. Infineon Technologies had a return on equity of 14.27% and a net margin of 8.64%.

Infineon Technologies Price Performance

OTCMKTS:IFNNY opened at $31.93 on Tuesday. The firm has a market capitalization of $41.70 billion, a price-to-earnings ratio of 16.13, a PEG ratio of 2.27 and a beta of 1.86. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.90 and a quick ratio of 1.13. The business has a 50 day simple moving average of $33.75 and a 200-day simple moving average of $33.54. Infineon Technologies has a 1 year low of $30.06 and a 1 year high of $41.84.

Infineon Technologies Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, March 3rd. Shareholders of record on Monday, February 24th will be paid a dividend of $0.3715 per share. This is a boost from Infineon Technologies’s previous dividend of $0.25. The ex-dividend date of this dividend is Monday, February 24th. Infineon Technologies’s payout ratio is presently 23.81%.

Analysts Set New Price Targets

IFNNY has been the topic of several research analyst reports. Citigroup raised shares of Infineon Technologies to a “strong-buy” rating in a report on Thursday, October 10th. Susquehanna upgraded Infineon Technologies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 28th.

Read Our Latest Stock Analysis on IFNNY

About Infineon Technologies

(Get Free Report)

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.

See Also

Earnings History for Infineon Technologies (OTCMKTS:IFNNY)

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