Infineon Technologies (IFNNY) to Release Quarterly Earnings on Tuesday

Infineon Technologies (OTCMKTS:IFNNY) is projected to post its results after the market closes on Tuesday, November 11th. Analysts expect Infineon Technologies to post earnings of $0.46 per share and revenue of $3.9224 billion for the quarter.

Infineon Technologies Trading Down 1.9%

IFNNY stock opened at $38.34 on Monday. Infineon Technologies has a 12 month low of $25.80 and a 12 month high of $45.13. The firm’s 50-day moving average is $38.78 and its 200 day moving average is $39.73. The company has a market capitalization of $50.07 billion, a PE ratio of 67.26, a P/E/G ratio of 3.07 and a beta of 1.87. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.78 and a quick ratio of 0.99.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. Wall Street Zen raised shares of Infineon Technologies from a “hold” rating to a “buy” rating in a research report on Sunday, July 20th. DZ Bank raised Infineon Technologies from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 6th. Finally, Zacks Research lowered Infineon Technologies from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 1st. Two analysts have rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Infineon Technologies currently has an average rating of “Buy”.

About Infineon Technologies

Infineon Technologies AG designs, develops, manufactures, and markets semiconductors and semiconductor-based solutions worldwide. Its Automotive segment offers automotive microcontrollers; 3D ToF, magnetic, and pressure sensors; discrete power semiconductors; IGBT modules; industrial microcontrollers; power and memory ICs; transceivers; diodes, MOSEFTs, and modules; and voltage regulators for use in assistance and safety systems, comfort electronics, infotainment, powertrain, and security products.