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· IEC Electronics Corp. (NASDAQ:IEC) posted its quarterly earnings results on Thursday, August, 12th. The technology company reported $0.09 EPS for the quarter, missing the Zacks' consensus estimate of $0.21 by $0.12. The technology company had revenue of $49.37 million for the quarter.
What happened IEC stock?
As a result of the merger, IEC will become a wholly owned subsidiary of Creation, the companies said. Following completion of the merger, IEC's common stock will no longer be listed for trading on the Nasdaq Global Market, which was expected to take effect later Tuesday, the companies said.
Is IEC a good buy?
You can't deny that IEC Electronics has grown its earnings per share at a very impressive rate. That's attractive. The growth rate whets my appetite for research, and the insider buying only increases my interest in the stock. To put it succinctly; IEC Electronics is a strong candidate for your watchlist.
Is IEC a buy or sell?
In short, this is how much a company is worth....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy24.93%2Buy18.44%3Hold9.99%4Sell5.61%2 more rows
Does IEC pay dividends?
IEC does not currently pay a dividend.
Is Castle Biosciences a good stock to buy?
Castle Biosciences has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.
How can I invest in IEC Electronics?
How to buy shares in IEC ElectronicsCompare share trading platforms. Use our comparison table to help you find a platform that fits you.Open your brokerage account. Complete an application with your details.Confirm your payment details. ... Research the stock. ... Purchase now or later. ... Check in on your investment.
What is the stock symbol for IEC Electronics?
What is IEC Electronics' stock symbol? IEC Electronics trades on the NASDAQ under the ticker symbol "IEC."
How were IEC Electronics' earnings last quarter?
IEC Electronics Corp. (NASDAQ:IEC) announced its quarterly earnings results on Thursday, August, 12th. The technology company reported $0.09 earnin...
Who are IEC Electronics' key executives?
IEC Electronics' management team includes the following people: Jeffrey T. Schlarbaum , President, Chief Executive Officer & Director Thomas L. B...
Who are some of IEC Electronics' key competitors?
Some companies that are related to IEC Electronics include Jabil (JBL) , Flex (FLEX) , Sanmina (SANM) , Plexus (PLXS) , Celestica (CLS) , TTM...
What other stocks do shareholders of IEC Electronics own?
Based on aggregate information from My MarketBeat watchlists, some companies that other IEC Electronics investors own include Energy Transfer (ET)...
What is IEC Electronics' stock symbol?
IEC Electronics trades on the NASDAQ under the ticker symbol "IEC."
Who are IEC Electronics' major shareholders?
IEC Electronics' stock is owned by a number of institutional and retail investors. Top institutional investors include Susquehanna International Gr...
Which major investors are selling IEC Electronics stock?
IEC stock was sold by a variety of institutional investors in the last quarter, including Citadel Advisors LLC, Susquehanna International Group LLP...
How much money does IEC Electronics make?
IEC Electronics has a market capitalization of $0.00 and generates $182.71 million in revenue each year.
How many employees does IEC Electronics have?
IEC Electronics employs 860 workers across the globe.
How To Calculate Return On Equity?
What Has ROE Got To Do With Earnings Growth?
Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity
Is the price to earnings ratio a valuation instrument?
So far, we've learned that ROE is a measure of a company's profitability. We now need to evaluate how much profit the company reinvests or "retains" for future growth which then gives us an idea about the growth potential of the company.
Is IEC sending a bearish signal?
We'd say the price-to-earnings ratio's power isn't primarily as a valuation instrument but rather to gauge current investor sentiment and future expectations.
Is IEC Electronics' financial performance bad?
After such a large jump in price, IEC Electronics may be sending very bearish signals at the moment with a price-to-earnings (or "P/E") ratio of 30.8x, since almost half of all companies in the United States have P/E ratios under 17x and even P/E's lower than 10x are not unusual. However, the P/E might be quite high for a reason and it requires further investigation to determine if it's justified.
What is IEC Electronics Corp?
For example, consider that IEC Electronics' financial performance has been poor lately as it's earnings have been in decline. It might be that many expect the company to still outplay most other companies over the coming period, which has kept the P/E from collapsing. You'd really hope so, otherwise you're paying a pretty hefty price for no particular reason.
Where to find IEC filings?
IEC Electronics Corp., together with its subsidiaries, provides electronic manufacturing services in the United States. It specializes in delivering technical solutions for the custom manufacturing, product configuration, and verification testing of engineered complex products that require a level of manufacturing. The company manufactures a range of assemblies that are incorporated into various products, such as aerospace and defense systems, medical devices, industrial equipment, and transportation products. It serves medical, industrial, aerospace, and defense sectors through a direct sales force, as well as through a network of manufacturer's representatives. The company was founded in 1966 and is headquartered in Newark, New York.
Which dimension ranks best in IEC?
Visit IEC's SEC page to see the company's official filings. To visit the company's web site, go to www.iec-electronics.com.
