Iconix Brand Group, Inc. s trend and data analysis indicates that the stock price has dropped -18.69% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -11.08% . Looking at the past 52 week period, the stock price is down -14.35% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Iconix Brand Group, Inc. has a positive value of 21.34 compared to overall market.Based on the Stock Research the Relative Strength Index signal is in over sold territory with a range of 23.28.
Iconix Brand Group, Inc. (NASDAQ:ICON) has tumbled 2.7% during the past week and has dropped 22.45% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 2.93%. Iconix Brand Group, Inc. (NASDAQ:ICON) has underperformed the index by 23.33% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Company shares have received an average consensus rating of Hold for the current week Iconix Brand Group, Inc. (NASDAQ:ICON) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.13 points or 1.77% at $7.22 with 1,417,305 shares getting traded. Post opening the session at $7.33, the shares hit an intraday low of $7.1 and an intraday high of $7.4 and the price was in this range throughout the day. The company has a market cap of $411 million and the number of outstanding shares has been calculated to be 56,951,225 shares. The 52-week high of Iconix Brand Group, Inc. (NASDAQ:ICON) is $10.8 and the 52-week low is $6.26.
Company has reported several Insider transactions to the SEC, on May 20, 2016, David Blumberg (EVP – Chief Strategy Officer) sold 11,000 shares at 7.61 per share price.On May 11, 2016, F Peter Cuneo (Executive Chairman) purchased 50,000 shares at 7.99 per share price.On Apr 15, 2016, Plc Barclays (10% owner) purchased 3,000 shares at 8.45 per share price.
Iconix Brand Group Inc Last issued its quarterly earnings results on Feb 22, 2017. The company reported $0.38 EPS for the quarter, beating the analyst consensus estimate by $ 0.28. Analyst had a consensus of $0.10. The company had revenue of $87.10 million for the quarter, compared to analysts expectations of $84.41 million. The companys revenue was down -7.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.25 EPS.
Iconix Brand Group, Inc. is in the business of licensing the CANDIES, BONGO, BADGLEY MISCHKA and JOE BOXER trademarks on a variety of footwear, apparel and fashion products. Through its wholly owned subsidiary, Brightstar Footwear, Inc., the Company also arranges for the manufacture of footwear products for mass market and discount retailers under the private label brand of the retailer.