Iconix Brand Group (ICON) Scheduled to Post Quarterly Earnings on Tuesday

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.

Earnings History for Iconix Brand Group (NASDAQ:ICON)

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