Hot Stock Overview: Iconix Brand Group, Inc. (NASDAQ:ICON)

earning reaction history

Iconix Brand Group, Inc. (NASDAQ:ICON)

JP Morgan Maintains Iconix Brand Group, Inc. (NASDAQ:ICON)’s stock to Neutral with the price target of $135. This rating was issued on 7/27/18. The stock recently closed its previous session at $0.22 by showing a percentage change of -10.33% from its previous day closing price of $0.24.

Price Target is basically a projection of future price of a company’s stock by the expert analysis of investment analysts or investment firms. There may be various price targets for a stock. These analysts and investment firms use various valuation methods to decide a price target for a stock.

Several investment firms issued their expert ratings on Iconix Brand Group, Inc. (NASDAQ:ICON) in which Roth Capital Downgrades Iconix Brand Group, Inc. (NASDAQ:ICON) to Neutral with no specific Price Target on 10/31/17. Guggenheim Initiates Coverage on the stock to Neutral on 9/30/16 with no specific Price Target. Monness Crespi Hardt Downgrades the company’s stock to Neutral on 11/06/15 with no specific Price Target. Brean Capital Downgrades Iconix Brand Group, Inc. (NASDAQ:ICON) to Hold with no specific Price Target.

Iconix Brand Group, Inc. (NASDAQ:ICON) currently has a consensus Price Target of $1. While some analysts have a High Price target for the stock of $1 and a Low Price Target of $1.

Several sell side analysts reviewed their recommendations on Iconix Brand Group, Inc. (NASDAQ:ICON) where 0 analyst have rated the stock as Strong Buy, 0 analysts said it’s a Buy, 1 rated the stock as Hold, 0 analysts reported Underperform and 0 analysts gave their recommendations as Sell. (Current Month Yahoo Finance Ratings)

Zacks Investment Research also rated the stock with a value of 3. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell.

In the last Quarter, Iconix Brand Group, Inc. (NASDAQ:ICON) reported its Actual EPS of $0.12/share. The analysts offering Earnings Estimates for the company were believing that Iconix Brand Group, Inc. (NASDAQ:ICON) could bring EPS of $0.12/share. The difference between Actual EPS and Estimated EPS was 0 Percent. Thus the company showed an Earnings Surprise of 0 Percent.

Iconix Brand Group, Inc. (NASDAQ:ICON) has a market capitalization of 14.71 Million. The stock traded with the volume of 1.7 Million shares in the last trading session. The stock touched its high share price of $5.57 on 10/24/17 and the stock also touched its Lowest price in the last 52-weeks of trading on 09/14/18 as $0.21. The company has a 1 Year high price target of $0.7. The stock is currently trading with a distance of 20-Day Simple Moving Average (SMA20) of -20.68%. The Moving Average SMA50 is -39.33% while SMA200 is -74.33%.

Iconix Brand Group, Inc. (NASDAQ:ICON) is currently showing its ROA (Return on Assets) of -65.6%. The Return on Investment (ROI) is at -62.7% while it’s Return on Equity (ROE) value stands at 701.7%. The stock currently shows its YTD (Year to Date) performance of -83.32 percent while its Weekly performance value is -28.15%. The Monthly and Yearly performances are -15.61 percent and -95.96 percent respectively. The Relative Volume value measured for Iconix Brand Group, Inc. (NASDAQ:ICON) is 1.44. The Average Volume (3 months) is 1.18 Million.

The stock currently has its Annual Dividend of $0 and an annual Dividend Yield of 0 Percent. ICON has P/E (Price to Earnings ttm) value of 0, Forward P/E of 0, P/C (Price to cash per share) of 0.21 and Price to Free Cash Flow (P/FCF) value of 4.1. The stock is showing its Operating Margin of 0 percent.

Company Profile:

Iconix Brand Group, Inc. (ICON) is the world’s premier brand management company and owner of a diversified portfolio of strong global consumer brands across fashion, sports, entertainment, and home. Iconix specializes in marketing, merchandising and licensing its brand portfolio and has the licenses with leading retailers and manufacturers worldwide that sell across various distribution channels from the mass tier to the luxury market, as well as through various media outlets.