News stories about Iconix Brand Group (NASDAQ:ICON) have been trending somewhat positive on Saturday, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Iconix Brand Group earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned press coverage about the brand management company an impact score of 47.6536259120458 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s rankings:
ICON stock opened at $1.01 on Friday. The company has a debt-to-equity ratio of -14.84, a current ratio of 2.07 and a quick ratio of 2.07. Iconix Brand Group has a 12 month low of $0.96 and a 12 month high of $8.30. The company has a market capitalization of $68.25, a PE ratio of 1.29 and a beta of 1.13.
Iconix Brand Group (NASDAQ:ICON) last released its quarterly earnings data on Wednesday, March 14th. The brand management company reported $0.06 EPS for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.07. The company had revenue of $52.30 million during the quarter, compared to analyst estimates of $51.50 million. Iconix Brand Group had a negative net margin of 217.71% and a positive return on equity of 20.17%. During the same period last year, the business earned $0.38 earnings per share. equities research analysts predict that Iconix Brand Group will post 0.4 EPS for the current year.
ICON has been the topic of several research reports. Zacks Investment Research downgraded shares of Iconix Brand Group from a “hold” rating to a “sell” rating in a report on Wednesday, January 3rd. Guggenheim reiterated a “hold” rating on shares of Iconix Brand Group in a report on Friday, March 16th. Finally, Roth Capital set a $2.00 target price on shares of Iconix Brand Group and gave the company a “hold” rating in a report on Thursday, March 15th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and one has assigned a buy rating to the company. Iconix Brand Group has a consensus rating of “Hold” and an average 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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