ICON

Iconix Brand Group Inc

Consumer


Presented:10/15/2015
Price:$16.02
Cap:$0.79B
Current Price:$1.93
Cap:$0.05B

Presented

Date10/15/2015
Price$16.02
Market Cap$0.79B
Ent Value$2.69B
P/E Ratio6.33x
Book Value$19.98
Div Yield0%
Shares O/S49.60M
Ave Daily Vol1,330,432
Short Int23.24%

Current

Price$1.93
Market Cap$0.05B
Iconix Brand Group, Inc. is a brand management company which is engaged in the licensing, marketing and providing trend direction for a portfolio of consumer brands. It owns various brands through its wholly-owned subsidiaries which include Candie's, Bongo, Badgley Mischka, Joe Boxer, Rampage, Mudd, London Fog, Mossimo, Ocean Pacific/OP, Danskin/Danskin Now, Rocawear, Cannon, Royal Velvet, Fieldcrest, Charisma, Starter, Waverly, Zoo York, Sharper Image and Umbro. It licenses these brands directly to leading retailers, wholesalers and suppliers for use across a wide range of product categories, including apparel, footwear, sportswear, fashion accessories, home products and decor, beauty and fragrance, and, in the case of Sharper Image brand, consumer electronics and novelty products. The company was founded in 1978 and is headquartered in New York, NY.

Publicly traded companies mentioned herein: Iconix Brand Group Inc (ICON)

Highlights

The presenter is long shares of Iconix (ICON), believing the stock has already “bottomed out” from past issues. He calls the valuation “cheap,” and feels there is a favorable risk/reward set-up due to limited downside and some potential growth catalysts since the company has a fairly straightforward path to maintaining current performance. If some of these pieces fall into place, the company could be worth as much as $30 per share, and the presenter believes ICON shares are worth holding until at least $20 per share.

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Idea Discussion

Commentor 1 - 2 weeks ago

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