Iconix Brand Group, Inc. (NASDAQ:ICON)
The Company is in the business of licensing and marketing intellectual property.
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Their current contractual minimums alone should put a fair value for 08 north of $25. On top of that it is remote that they will fail to acquire additional, and immediately accretive, brands this year. Lastly, their licensing model, with muti-year terms and contractual minimums, insulates them from retail fluctuations.
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Christmas time and clothing sales will do well at Target, Sears, Kmart, and Kohls
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Girls and clothes, can I say more!
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Teaming with Walmart is a great boon for the name and, I predict, sales.
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Beat last quarter's estimates easily. Has a nice stable of popular brands with minimal overhead. Forecasted EPS growth in the 25 - 30% range, exceeding the current PE ratio.
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Unique business model that does not rely on actual retail sales. Revenues are derived from licensing of brands. 2006 was a huge acquisition year for the company. Expansion into European licensing in 2007 will be key factor in company growth. Well managed company.
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Unique business model. Company manages brand names...
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slowed down after strong north
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High performance plus 3 year eps rating of ove 700%
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Retail is hot and Joe Boxer, etc will do great. Company continues to buy brand and sell to major stores.
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Joe Boxer is coming back. Mudd is thrown everywhere -- JCPenney, Target, Kohl's, and elsewhere. The products keep getting bought and the stock keeps going up.
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Products geared to meet general merchandising as well as the affluent. Future product lines will increase growth
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Pure retail marketing business without any manufacturing liabilities . Purely a cash business .
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