Iconix Brand Group (NASDAQ:ICON) has received a short term rating of sell from experts at Zacks with a rank of 4. The stock has been rated an average of 2.67 by 6 Brokerage Firm. 1 Wall Street Firms have rated the stock as a strong buys. 5 Brokerage Firms have advised hold.
Iconix Brand Group (NASDAQ:ICON): 3 analysts have set the short term price target of Iconix Brand Group (NASDAQ:ICON) at $10.67. The standard deviation of short term price target has been estimated at $1.15, implying that the actual price may fluctuate by this value. The higher and the lower price estimates are $ 12 and $10 respectively.
Iconix Brand Group (NASDAQ:ICON) witnessed a decline in the market cap on Tuesday as its shares dropped 2.26% or 0.17 points. After the session commenced at $7.5, the stock reached the higher end at $7.5 while it hit a low of $7.15. With the volume soaring to 1,155,549 shares, the last trade was called at $7.35. The company has a 52-week high of $27.5. The company has a market cap of $358 million and there are 48,647,185 shares in outstanding. The 52-week low of the share price is $4.67.
Shares of Iconix Brand Group, Inc. appreciated by 2.23% during the last five trading days but lost 2.13% on a 4-week basis. Iconix Brand Group, Inc. has dropped 11.76% during the last 3-month period . Year-to-Date the stock performance stands at 7.61%.
Iconix Brand Group, Inc. is a brand management company and owner of a diversified portfolio of 35 global consumer brands across womens, mens, entertainment and home. The Companys brand portfolio includes Candies, Bongo, Badgley Mischka, Joe Boxer, Rampage, Mudd, London Fog, Mossimo, Ocean Pacific (OP), Danskin, Rocawear, Cannon, Royal Velvet, Fieldcrest, Charisma, Starter, Waverly, Zoo York, Sharper Image, Umbro, Lee Cooper, Ecko Unltd., Marc Ecko and Strawberry Shortcake. The Company also has interest in Artful Dodger, Material Girl, Peanuts, Ed Hardy, Truth or Dare, Billionaire Boys Club, Ice Cream, Modern Amusement, Buffalo, Nick Graham, Pony and Hydraulic brands. The Company licenses its brands with respect to a range of products, including apparel, footwear, fashion accessories, sportswear, home products and decor, and beauty and fragrance, and in the case of its Sharper Image brand, consumer electronics and novelty products.