Iconix Brand Group (NASDAQ:ICON) is scheduled to announce its earnings results on Tuesday, February 20th. Analysts expect the company to announce earnings of $0.03 per share for the quarter.
Iconix Brand Group (NASDAQ:ICON) last released its earnings results on Friday, December 22nd. The brand management company reported $0.24 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.24. Iconix Brand Group had a negative net margin of 311.99% and a positive return on equity of 17.65%. The business had revenue of $53.17 million during the quarter, compared to analysts’ expectations of $53.20 million. On average, analysts expect Iconix Brand Group to post $1 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Shares of Iconix Brand Group (ICON) opened at $1.73 on Tuesday. The company has a debt-to-equity ratio of -5.92, a current ratio of 0.69 and a quick ratio of 0.69. Iconix Brand Group has a one year low of $1.10 and a one year high of $9.79. The firm has a market cap of $98.98, a PE ratio of -0.11 and a beta of 1.29.
Several research firms recently weighed in on ICON. Roth Capital cut shares of Iconix Brand Group from a “buy” rating to a “neutral” rating and set a $2.00 target price for the company. in a research note on Monday, October 30th. Zacks Investment Research upgraded shares of Iconix Brand Group from a “sell” rating to a “hold” rating in a research note on Tuesday, February 6th. ValuEngine upgraded shares of Iconix Brand Group from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. B. Riley reiterated a “neutral” rating and issued a $4.00 target price (down previously from $8.50) on shares of Iconix Brand Group in a research note on Wednesday, November 1st. Finally, FBR & Co cut shares of Iconix Brand Group from a “buy” rating to a “neutral” rating and reduced their target price for the company from $8.50 to $4.00 in a research note on Monday, October 30th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company. Iconix Brand Group has an average rating of “Hold” and a consensus price target of $5.00.
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Iconix Brand Group Company Profile
Iconix Brand Group, Inc is a brand management company. As of December 31, 2016, the Company owned a portfolio of over 30 global consumer brands across women’s, men’s, and home categories. The Company operates through segments: men’s, women’s, home and international. The Company’s brand portfolio includes brands, such as Candie’s, Bongo, Joe Boxer, Rampage, Mudd, London Fog, Mossimo, Ocean Pacific/OP, Danskin/Danskin Now, Rocawear/Roc Nation, Cannon, Royal Velvet, Fieldcrest, Charisma, Starter, Waverly, Ecko Unltd/Mark Ecko Cut & Sew, Zoo York, Umbro, Lee Cooper and Artful Dodger, and interests in Material Girl, Ed Hardy, Truth or Dare, Modern Amusement, Buffalo, Nick Graham Hydraulic and PONY brands.
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