Home Sectors Consumer Cyclical Up or Down: Iconix Brand Group (NASDAQ: ICON)

Up or Down: Iconix Brand Group (NASDAQ: ICON)

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Iconix Brand Group is in the consumer cyclical sector and is part of the manufacturing apparel and furniture industry. Iconix Brand Group Inc is a brand management company. It is engaged in licensing, marketing and providing trend direction for a portfolio of consumer brands. It operates through five segments: men’s, women’s, home, entertainment and international.

Previous Intraday Trading Performance:

The ICON stock showed a previous change of -10.18% with an open at 3.00 and a close of 2.55. It reached an intraday high of 3.00 and a low of 2.41.

SeekingAlpha:  Iconix names McClain new chief financial officer

Liquidity:

The stock has a market cap of $191.7m with 75.2m shares outstanding, of which the float is 65.9m shares. Trading volume reached 631,247 shares compared to its average volume of 309,260 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Iconix Brand Group shares returned -27.14% and in the past 30 trading days it returned 70.00%. Over three months, it changed 86.95%. In one year it has changed -79.92% and within that year its 52-week high was 15.20 and its 52-week low was 0.73. ICON stock is 249.32% above its 52 Week Low.

Our calculations show a 200 day moving average of 3.31 and a 50 day moving average of 1.85. Currently ICON stock is trading -22.97% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

Business Wire:  Iconix Brand Group, Inc. Names John T. McClain as CFO

Earnings:

The last annual fiscal EPS for the company was reported at -8.66 that ended on 31st of December 2017. The TTM EPS is 0.00, which comes to a TTM PE of 0.00.

The following are the last four quarter reported earnings per share:
12-31-2018:  0.00 (estimated)
09-30-2018:  0.02
06-30-2018:  0.12
03-31-2018:  0.10

Base on our calculations, the intrinsic value per share is 4.42, which means it is possibly undervalued and has a margin of safety of 42.25%

Indicators to Watch:

Based on the latest filings, there is 14.20% of insider ownership and 27.60% of institutional ownership. Short-interest is 0, which is 0.00% of shares outstanding. The short-interest ratio or days-to-cover ratio is 0.00.

The current calculated beta is 2.43

Business Wire:  Iconix Brand Group, Inc. Names John T. McClain as CFO

Fundamental Indicators:

Based on last reported financials, the company’s return on assets is -0.82%, profit margin is -15.73%, price-to-sales is 0.15 and price-to-book is 0.24.

Company Scores:

All scores are out of six:
 3  :Valuation Score
 1  :Past Performance Score
 5  :Financial Strength Score
 2  :Future Growth Score
 0  :Dividend Score
 2  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.

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