Infineon Technologies (OTCMKTS:IFNNY) Upgraded at Susquehanna

Susquehanna upgraded shares of Infineon Technologies (OTCMKTS:IFNNY) from a hold rating to a strong-buy rating in a research note released on Tuesday,Zacks.com reports.

Separately, Citigroup raised Infineon Technologies to a “strong-buy” rating in a research report on Thursday, October 10th.

Infineon Technologies Price Performance

IFNNY stock opened at $33.89 on Tuesday. The firm has a 50-day moving average of $33.62 and a two-hundred day moving average of $33.66. The firm has a market capitalization of $44.26 billion, a PE ratio of 32.28, a P/E/G ratio of 2.48 and a beta of 1.87. The company has a current ratio of 1.90, a quick ratio of 1.13 and a debt-to-equity ratio of 0.27. Infineon Technologies has a one year low of $30.06 and a one year high of $41.84.

Infineon Technologies (OTCMKTS:IFNNY) last posted its quarterly earnings data on Tuesday, November 12th. The technology company reported $0.54 EPS for the quarter, topping analysts’ consensus estimates of $0.51 by $0.03. Infineon Technologies had a net margin of 8.64% and a return on equity of 14.27%. The firm had revenue of $4.31 billion during the quarter. On average, analysts forecast that Infineon Technologies will post 1.5 earnings per share for the current year.

Infineon Technologies Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, March 3rd. Investors of record on Monday, February 24th will be given a dividend of $0.3715 per share. The ex-dividend date of this dividend is Monday, February 24th. This is an increase from Infineon Technologies’s previous dividend of $0.25. Infineon Technologies’s payout ratio is presently 23.81%.

Infineon Technologies Company Profile

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.