Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Iconix Brand Group (ICON) Share Price

Media headlines about Iconix Brand Group (NASDAQ:ICON) have trended somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Iconix Brand Group earned a news sentiment score of 0.12 on Accern’s scale. Accern also gave media headlines about the brand management company an impact score of 46.2623523869476 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

These are some of the media headlines that may have effected Accern Sentiment Analysis’s scoring:

A number of equities analysts have recently commented on the company. Zacks Investment Research upgraded Iconix Brand Group from a “hold” rating to a “buy” rating and set a $0.75 price objective on the stock in a report on Friday, May 25th. ValuEngine lowered Iconix Brand Group from a “buy” rating to a “hold” rating in a research note on Saturday, June 2nd. Roth Capital set a $2.00 target price on Iconix Brand Group and gave the company a “hold” rating in a research note on Thursday, March 15th. Finally, Guggenheim reiterated a “hold” rating on shares of Iconix Brand Group in a research note on Friday, March 16th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the company. Iconix Brand Group has an average rating of “Hold” and a consensus target price of $4.29.

Shares of ICON stock traded down $0.08 during trading hours on Monday, reaching $0.75. The company had a trading volume of 2,165,600 shares, compared to its average volume of 1,995,628. The company has a debt-to-equity ratio of -72.19, a quick ratio of 2.04 and a current ratio of 2.04. Iconix Brand Group has a twelve month low of $0.58 and a twelve month high of $7.06. The firm has a market cap of $54.71 million, a P/E ratio of 0.96 and a beta of 1.06.

Iconix Brand Group (NASDAQ:ICON) last posted its earnings results on Friday, May 4th. The brand management company reported $0.10 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.10. Iconix Brand Group had a positive return on equity of 39.97% and a negative net margin of 210.83%. The business had revenue of $48.55 million during the quarter, compared to analyst estimates of $49.91 million. equities research analysts predict that Iconix Brand Group will post 0.4 EPS for the current year.

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.

Insider Buying and Selling by Quarter for Iconix Brand Group (NASDAQ:ICON)

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