1,813,348 shares of the company traded hands, compared to its average volume of 2,075,480. Iconix Brand Group had a negative net margin of 311.99% and a positive return on equity of 17.65%. research analysts anticipate that Iconix Brand Group will post 0.65 earnings per share for the current fiscal year. A year ago the company's sales were $87140 while its sales growth yearly estimates for the current quarter are -38.1%. Out of the analyst recommendations 0 rate Iconix Brand Group (NASDAQ:ICON) stock a Buy, 0 rate the stock Outperform, 3 rate Hold, 0 rate Underperform and 0 recommend a Sell. (ICON) stock is now trading -71.99% away from its average-price of 200 days while it maintained a distance of -12.00% from its 50 Days Moving Average and 6.33% compared with the 20 Day Moving Average. Investment Advisors LP now owns 1,190,598 shares of the brand management company's stock worth $6,775,000 after buying an additional 433,018 shares during the last quarter.
In order to check on the sell-side rational, we can also take a peek at some technical indicators.
Iconix Brand Group, Inc. on 9/29/2017 reported its EPS as $0.38 with the analysts projecting the EPS of the stock as $0.1. Stock's twelve month price oscillated between $10.80 and $1.16. A lower P/B ratio could mean that the stock is undervalued. The company's Relative Strength Index which shows price strength now stands at 43.85. Vanguard Group Inc. raised its position in Iconix Brand Group by 8.4% in the 2nd quarter. During the past three months the stock slid -75.54%, bringing six months performance to -81.29%.
The stock is now showing YTD performance of 10.08 Percent.
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It is negative, as 94 investors sold KR shares while 232 reduced holdings. 24 funds opened positions while 99 raised stakes. Lansdowne Partners Uk Llp increased Facebook Inc (NASDAQ:FB) stake by 432,688 shares to 5.29M valued at $904.57M in 2017Q3.
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At 12:02 pm, the S&P BSE Sensex was quoting 34,891, up 120 points, while the broader Nifty50 was ruling at 10,731, up 31 points. Meanwhile shares of Tech Mahindra touched a high of Rs 564, up 1.11 percent over its previous closing price.
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It is certified in six categories such as impact, vibration, high temperature, low temperature, thermal shock, and humidity. However, it's nearly certain that we won't be seeing another LG flagship for at least a few months .
While taking a glance at financials, we can look at a number of key indicators.
Currently Iconix Brand Group (NASDAQ:ICON)'s shares owned by insiders are 12.06%, whereas shares owned by institutional owners are 89.3%. ROI is a performance measure used to evaluate the efficiency of an investment or to compare the efficiency of a number of different investments.
However looking at valuation ratios the stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0. Cardinal Health, Inc. (NYSE:CAH), at its latest closing price of $71.49, it has a price-to-book ratio of 3.37, compared to an industry average at 2.76. (NASDAQ:ICON) gained 7.58% with the closing price of $1.42. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. For the current quarter Iconix Brand Group (NASDAQ:ICON) has high EPS estimates of $0.06 in contradiction of low EPS estimates of $-0.06. Total debt to equity ratio of the company for most recent quarter is 0 whereas long term debt to equity ratio for most recent quarter is 0.
Analysts are expecting average earnings estimates of $0 for the current quarter based on the opinion of 3 analysts, relating to high earnings per share estimates of $0.06 and low estimates of $-0.06, however Iconix Brand Group (NASDAQ:ICON) reported $0.38 earnings per share for the same quarter past year. During current year the company's forecasts over growth are -51.1% while for the next year analysts' growth estimation is -22.4%. As the name implies that ABR will show you the Average of Brokerage Recommendations on a given stock.
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