Recent Investment Analysts’ Ratings Updates for Infineon Technologies (IFNNY)

Infineon Technologies (OTCMKTS: IFNNY) has recently received a number of price target changes and ratings updates:

  • 3/25/2019 – Infineon Technologies was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Infineon is benefiting from strength in company’s Industrial Power Control (“IPC”) and Power Management & Multimarket (“PMM”) business segments. Robust adoption of photovoltaic appliances and sturdy traction business, and AC/DC conversion are key catalysts. Additionally, increasing production capacity of 300 mm wafer in Villach is anticipated to favor growth prospects, going ahead. However, a lackluster payment and Authentication domain, and soft demand for smartphone devices are major concerns. Further, uncertain macroeconomic conditions and imposition of tariff owing to trade war between the United States and China compelled the company to reduce anticipated growth in fiscal 2019. The company’s requirement of large capital investments to maintain a competitive cost position is likely to limit margin expansion. Notably, shares of Infineon have underperformed the industry in the past year.”
  • 3/15/2019 – Infineon Technologies was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Infineon is battered by a lackluster payment and Authentication domain, and soft demand for smartphone devices. Further, uncertain macroeconomic conditions and imposition of tariff owing to trade war between the United States and China compelled the company to reduce anticipated growth in fiscal 2019. The company’s requirement of large capital investments to maintain a competitive cost position is an overhang on margin expansion. Also, its leveraged balance sheet is a concern. Shares of Infineon have underperformed the industry in the past year. However, the company is expected to benefit from strength in company’s Industrial Power Control (IPC) and Power Management & Multimarket (PMM) business segments. Robust adoption of photovoltaic appliances and sturdy traction business, and AC/DC conversion hold promise.”
  • 3/7/2019 – Infineon Technologies was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.
  • 3/7/2019 – Infineon Technologies was upgraded by analysts at BNP Paribas from a “neutral” rating to an “outperform” rating.
  • 2/25/2019 – Infineon Technologies was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Infineon is benefiting from strength in company’s Industrial Power Control (“IPC”) and Power Management & Multimarket (“PMM”) business segments. Robust adoption of photovoltaic appliances and sturdy traction business, and AC/DC conversion are key catalysts. Additionally, increasing production capacity of 300 mm wafer in Villach is anticipated to favor growth prospects, going ahead. However, a lackluster payment and Authentication domain, and soft demand for smartphone devices are major concerns. Further, uncertain macroeconomic conditions and imposition of tariff owing to trade war between the United States and China compelled the company to reduce anticipated growth in fiscal 2019. The company’s requirement of large capital investments to maintain a competitive cost position is likely to limit margin expansion.”
  • 2/22/2019 – Infineon Technologies is now covered by analysts at Cowen Inc. They set an “outperform” rating on the stock.
  • 2/15/2019 – Infineon Technologies was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Infineon is battered by a lackluster payment and Authentication domain, and soft demand for smartphone devices. Further, uncertain macroeconomic conditions and imposition of tariff owing to trade war between the United States and China compelled the company to reduce anticipated growth in fiscal 2019. The company’s requirement of large capital investments to maintain a competitive cost position is likely to limit margin expansion. Notably, shares of Infineon have underperformed the industry in the past year. However, the company is benefiting from strength in company’s Industrial Power Control (“IPC”) and Power Management & Multimarket (“PMM”) business segments. Robust adoption of photovoltaic appliances and sturdy traction business, and AC/DC conversion are key catalysts. Additionally, increasing production capacity of 300 mm wafer in Villach is anticipated to favor growth prospects, going ahead.”
  • 2/8/2019 – Infineon Technologies was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Infineon’s first-quarter earnings and revenues increased year-over-year reflecting strength in company’s Industrial Power Control (“IPC”) and Power Management & Multimarket (“PMM”) business segments. Robust adoption of photovoltaic appliances and sturdy traction business, and AC/DC conversion are key catalysts. However, a lackluster payment and Authentication domain, and soft demand for smartphone devices are major concerns. Further, uncertain macroeconomic conditions and imposition of tariff owing to trade war between the United States and China compelled the company to reduce anticipated growth in fiscal 2019. The company’s requirement of large capital investments to maintain a competitive cost position is likely to limit margin expansion. Further, intensifying competition in the automotive and power market segments is a headwind.”

Shares of OTCMKTS:IFNNY opened at $21.21 on Tuesday. Infineon Technologies AG has a 12-month low of $17.90 and a 12-month high of $29.82. The company has a market cap of $24.49 billion, a price-to-earnings ratio of 18.61, a price-to-earnings-growth ratio of 2.46 and a beta of 1.04. The company has a current ratio of 2.55, a quick ratio of 1.80 and a debt-to-equity ratio of 0.22.

Infineon Technologies (OTCMKTS:IFNNY) last announced its earnings results on Tuesday, February 5th. The technology company reported $0.27 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.27. Infineon Technologies had a net margin of 14.55% and a return on equity of 18.42%. The firm had revenue of $2.25 billion for the quarter. Equities analysts expect that Infineon Technologies AG will post 1.15 earnings per share for the current fiscal year.

The company also recently declared an annual dividend, which was paid on Tuesday, March 5th. Investors of record on Monday, February 25th were given a dividend of $0.211 per share. The ex-dividend date was Friday, February 22nd. This represents a dividend yield of 1%. Infineon Technologies’s dividend payout ratio is 18.42%.

Infineon Technologies AG designs, develops, manufactures, and markets semiconductors and system solutions worldwide. The company operates in four segments: Automotive, Industrial Power Control, Power Management & Multimarket, and Digital Security Solutions. The Automotive segment offers automotive microcontrollers for powertrain, safety, and driver assistance systems; 3D ToF, magnetic, and pressure sensors; discrete power semiconductors; IGBT modules; industrial microcontrollers; power and radar sensor integrated circuits (ICs); transceivers; and voltage regulators for use in assistance and safety systems, comfort electronics, and powertrain and security products.

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