Iconix Stock Analysis

ICON -  USA Stock  

USD 3.14  0.06  1.88%

The latest price rise of Iconix Brand may raise some interest from institutional investors. The stock closed today at a share price of 3.14 on 327,200 in trading volume. The company management teams may have good odds in positioning the firm resources to exploit market volatility in July. The stock standard deviation of daily returns for 90 days investing horizon is currently 5.34. The very high volatility is mostly attributed to the latest market swings and not very good earnings reports from some of the Iconix Brand Group partners.
Please see Risk vs Return Analysis.

Search Stock Analysis 

The Iconix Brand stock analysis report makes it easy to digest most publicly released information about Iconix Brand and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Iconix stock analysis module also helps to analyze the Iconix Brand price relationship with some important fundamental indicators such as market cap and management efficiency.

Iconix Stock Analysis Notes

About 22.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 0.16. Some equities with similar Price to Book (P/B) outperform the market in the long run. Iconix Brand Group recorded a loss per share of 0.6. The entity had not issued any dividends in recent years. The firm had 2:9 split on the 14th of March 2019. Iconix Brand Group, Inc., a brand management company, owns and licenses a portfolio of consumer brands in the United States and internationally. Iconix Brand Group, Inc. was incorporated in 1978 and is based in New York, New York. Iconix Brand operates under Apparel Manufacturing classification in the United States and is traded on NASDAQ Exchange. It employs 101 people. To learn more about Iconix Brand Group call Peter Cuneo at 212 730 0030 or check out http://www.iconixbrand.com.

Iconix Brand Group Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Iconix Brand's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Iconix Brand Group or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Iconix Brand Group is way too risky over 90 days horizon
Iconix Brand Group appears to be risky and price may revert if volatility continues
Iconix Brand Group has high likelihood to experience some financial distress in the next 2 years
Iconix Brand Group was previously known as Iconix Brand Group and was traded on NASDAQ Exchange under the symbol CAND.
The company reported the previous year's revenue of 108.58 M. Net Loss for the year was (7.37 M) with profit before overhead, payroll, taxes, and interest of 108.58 M.
Iconix Brand Group has a poor financial position based on the latest SEC disclosures
Latest headline from www.equities.com: Iconix Brand Group, Inc. gains 2.5640 percent for June 16 - Equities.com

Iconix Brand SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Iconix Brand prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Iconix Brand investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Iconix Brand Group specific information freely available to individual and institutional investors to make a timely investment decision.
11th of June 2021
Financial Statements and Exhibits. Other Events. Entry into a Material Definitive Agreement
13th of May 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
31st of March 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
24th of March 2021
Other Events
12th of February 2021
Unclassified Corporate Event
28th of January 2021
Other Events
4th of January 2021
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
4th of December 2020
Other Events

Iconix Brand Thematic Classifications

In addition to having Iconix Brand stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Apparel IdeaApparel
USA Equities from Apparel industry as classified by Fama & French

Iconix Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Iconix Brand is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Iconix Brand Group backward and forwards among themselves. Iconix Brand's institutional investor refers to the entity that pools money to purchase Iconix Brand's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Allianz Asset Management GmbhDebt55.8 M31.7 M
Mudrick Capital Management LpCommon Shares946.2 K1.9 M
Allianz Asset Management GmbhCommon Shares589.6 K1.2 M
Renaissance Technologies LlcCommon Shares573.4 K1.2 M
Vanguard Group IncCommon Shares207 K416 K
Alta Fundamental Advisers LlcCommon Shares163.9 K318 K
Susquehanna International Group LlpCommon Shares96.3 K194 K
Blackrock IncCommon Shares92 K185 K
Susquehanna International Group LlpCall Options40.4 K81 K
Susquehanna International Group LlpPut Options29.6 K59 K
Note, although Iconix Brand's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Iconix Market Capitalization

The company currently falls under 'Micro-Cap' category with current market capitalization of 47.23 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Iconix Brand's market, we take the total number of its shares issued and multiply it by Iconix Brand's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Iconix Profitablity

Iconix Brand's profitability indicators refer to fundamental financial ratios that showcase Iconix Brand's ability to generate income relative to its revenue or operating costs. If, let's say, Iconix Brand is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Iconix Brand's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Iconix Brand's profitability requires more research than a typical breakdown of Iconix Brand's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (6.76) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 44.19 %, which suggests for every 100 dollars of sales, it generated a net operating income of 0.44.
Last ReportedProjected for 2021
Return on Investment(23.09) (23.69) 
Return on Average Assets(0.017) (0.0183) 
Return on Average Equity 0.025  0.027 
Return on Invested Capital 0.09  0.10 
Return on Sales 0.54  0.58 

Management Efficiency

The entity has return on total asset (ROA) of 6.53 % which means that it generated profit of $6.53 on every $100 spent on asset. This is normal as compared to the sector avarege. Similarly, it shows return on stockholders equity (ROE) of 0.63 %, meaning that it created $0.63 on every $100 dollars invested by stockholders. Iconix Brand management efficiency ratios could be used to measure how well iconix brand group manages its routine affairs as well as how well it operates its assets and liabilities. Iconix Brand Return on Average Equity is quite stable at the moment as compared to the past year. The company's current value of Return on Average Equity is estimated at 0.027. Return on Invested Capital is expected to rise to 0.10 this year, although the value of Return on Investment will most likely fall to (23.69) . Iconix Brand Net Current Assets as percentage of Total Assets are quite stable at the moment as compared to the past year. The company's current value of Net Current Assets as percentage of Total Assets is estimated at 6.31. Tangible Assets Book Value per Share is expected to rise to 11.64 this year, although the value of Tax Assets will most likely fall to about 5 M.
Last ReportedProjected for 2021
Book Value per Share(22.33) (22.92) 
Enterprise Value over EBIT 9.00  9.71 
Enterprise Value over EBITDA 8.71  9.39 
Price to Book Value(0.06) (0.06) 
Tangible Assets Book Value per Share 11.34  11.64 
Enterprise Value516.9 M530.5 M
Tangible Asset Value139.9 M143.5 M

Technical Drivers

As of the 19th of June, Iconix Brand retains the Market Risk Adjusted Performance of 0.184, risk adjusted performance of 0.0501, and Downside Deviation of 4.83. Iconix Brand technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to break down and interpolate data for nineteen technical drivers for Iconix Brand Group, which can be compared to its competitors. Please check out Iconix Brand Group standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if Iconix Brand is priced fairly, providing market reflects its last-minute price of 3.14 per share. Given that Iconix Brand Group has jensen alpha of 0.2731, we strongly advise you to confirm Iconix Brand Group's regular market performance to make sure the company can sustain itself at a future point.

Iconix Brand Group Price Movement Analysis

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Iconix Brand Group Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Iconix Brand insiders, such as employees or executives, is commonly permitted as long as it does not rely on Iconix Brand's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Iconix Brand insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Iconix Brand Predictive Daily Indicators

Iconix Brand intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Iconix Brand stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Iconix Brand Forecast Models

Iconix Brand time-series forecasting models is one of many Iconix Brand's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Iconix Brand's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Iconix Brand Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Iconix Brand stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Iconix shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Iconix Brand. By using and applying Iconix Stock analysis, traders can create a robust methodology for identifying Iconix entry and exit points for their positions.
Last ReportedProjected for 2021
Operating Margin(75.58) (77.57) 
EBITDA Margin 0.55  0.59 
Gross Margin 0.90  0.89 
Profit Margin(0.07) (0.07) 
Iconix Brand Group, Inc., a brand management company, owns and licenses a portfolio of consumer brands in the United States and internationally. It operates in four segments Womens, Mens, Home, and International. The companys brand portfolio includes Candies, Bongo, Joe Boxer, Rampage, Mudd, London Fog, Mossimo, Ocean PacificOP, DanskinDanskin Now, Rocawear, Cannon, Royal Velvet, Fieldcrest, Charisma, Starter, Waverly, Ecko UnltdMark Ecko Cut Sew, Zoo York, Umbro, Lee Cooper, and Artful Dodger brands. It also owns interests in the Material Girl, Ed Hardy, Truth or Dare, Modern Amusement, Buffalo, Hydraulic, and Pony Brands. The company licenses its brands across a range of product categories, such as fashion apparel, footwear, accessories, sportswear, home furnishings and dcor, and beauty and fragrances. Iconix Brand Group, Inc. licenses its brands through direct-to-retail and traditional wholesale licenses and sells products bearing its brands through various distribution channels. The company was formerly known as Candies, Inc. and changed its name to Iconix Brand Group, Inc. in July 2005. Iconix Brand Group, Inc. was incorporated in 1978 and is based in New York, New York.

Current Iconix Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Iconix analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Iconix analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
Iconix Brand Group current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Iconix analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Iconix stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Iconix Brand Group, talking to its executives and customers, or listening to Iconix conference calls.
Iconix Analyst Advice Details

Iconix Stock Analysis Indicators

Iconix Brand Group stock analysis indicators help investors evaluate how Iconix Brand stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Iconix Brand shares will generate the highest return on investment. By understating and applying Iconix Brand stock analysis, traders can identify Iconix Brand position entry and exit signals to maximize returns.
Quick Ratio1.32
Fifty Two Week Low0.6100
Revenue Growth-21.50%
Shares Short Prior Month62.18k
Average Daily Volume Last 10 Day891.97k
Average Daily Volume In Three Month233.07k
Shares Percent Shares Out1.07%
Gross Margins100.00%
Short Percent Of Float1.13%
Forward Price Earnings2.93
Float Shares12.81M
Fifty Two Week High4.2000
Enterprise Value To Ebitda12.19
Fifty Day Average2.2032
Two Hundred Day Average1.9880
Enterprise Value To Revenue5.52
Please see Risk vs Return Analysis. Note that the Iconix Brand Group information on this page should be used as a complementary analysis to other Iconix Brand's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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When running Iconix Brand Group price analysis, check to measure Iconix Brand's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Iconix Brand is operating at the current time. Most of Iconix Brand's value examination focuses on studying past and present price action to predict the probability of Iconix Brand's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Iconix Brand's price. Additionally, you may evaluate how the addition of Iconix Brand to your portfolios can decrease your overall portfolio volatility.
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The market value of Iconix Brand Group is measured differently than its book value, which is the value of Iconix that is recorded on the company's balance sheet. Investors also form their own opinion of Iconix Brand's value that differs from its market value or its book value, called intrinsic value, which is Iconix Brand's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Iconix Brand's market value can be influenced by many factors that don't directly affect Iconix Brand Group underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Iconix Brand's value and its price as these two are different measures arrived at by different means. Investors typically determine Iconix Brand value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Iconix Brand's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.