IQE (LON:IQE – Get Free Report) announced its quarterly earnings data on Thursday. The company reported GBX (2.82) earnings per share for the quarter, Digital Look Earnings reports. IQE had a negative net margin of 50.52% and a negative return on equity of 40.92%. The firm had revenue of GBX 9,730 million during the quarter.
IQE Stock Performance
Shares of IQE opened at GBX 47.90 on Thursday. The company has a market capitalization of £469.32 million, a price-to-earnings ratio of -9.43, a price-to-earnings-growth ratio of 12.70 and a beta of 2.22. IQE has a 52-week low of GBX 4.66 and a 52-week high of GBX 72.90. The company has a quick ratio of 0.97, a current ratio of 1.17 and a debt-to-equity ratio of 81.86. The stock has a 50 day moving average price of GBX 39.78 and a 200 day moving average price of GBX 19.90.
Wall Street Analysts Forecast Growth
Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 60 target price on shares of IQE in a research note on Wednesday. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of GBX 60.
IQE Company Profile
IQE is the leading supplier of compound semiconductor wafer products and advanced material solutions to the global semiconductor industry.
Read More
- Five stocks we like better than IQE
- Hims & Hers Eyes Global Growth: Will $1.15B Eucalyptus Deal Fuel Its Recovery or Dilute Shareholders?
- The Food Delivery War Just Entered Its Final Phase
- Bath & Body Works Stock Surged Despite Falling Sales—Here’s Why
- Dick’s Sporting Goods Isn’t Done Winning Yet
Receive News & Ratings for IQE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IQE and related companies with MarketBeat.com's FREE daily email newsletter.
