Shares of Iconix Brand Group, Inc. (NASDAQ:ICON) have earned a consensus rating of “Hold” from the eight analysts that are currently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating on the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $5.00.
Several research analysts have recently issued reports on the stock. Roth Capital cut shares of Iconix Brand Group from a “buy” rating to a “neutral” rating and set a $2.00 price objective for the company. in a report on Monday, October 30th. Zacks Investment Research cut shares of Iconix Brand Group from a “hold” rating to a “sell” rating in a report on Friday, December 22nd. FBR & Co reiterated a “buy” rating and issued a $8.50 price objective on shares of Iconix Brand Group in a report on Thursday, September 14th. Sidoti assumed coverage on shares of Iconix Brand Group in a report on Tuesday, September 19th. They issued a “neutral” rating and a $6.00 price objective for the company. Finally, ValuEngine upgraded shares of Iconix Brand Group from a “hold” rating to a “buy” rating in a report on Friday, December 1st.
Iconix Brand Group (NASDAQ ICON) opened at $1.22 on Thursday. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of -5.92. The stock has a market cap of $69.80, a P/E ratio of -0.08 and a beta of 1.40. Iconix Brand Group has a 1-year low of $1.16 and a 1-year high of $10.80.
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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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