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GuruFocus has detected 3 Warning Signs with Iconix Brand Group Inc $ICON.
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Iconix Brand Group Inc (NAS:ICON)
3-Year Average Share Buyback Ratio
-3.70 (As of Mar. 2017)

This is the average share buyback rate of the company over the past 3 years. A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.

ICON' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -122.9   Max: 12.9
Current: -3.7

-122.9
12.9

During the past 13 years, Iconix Brand Group Inc's highest 3-Year Average Share Buyback Ratio was 12.90. The lowest was -122.90. And the median was -12.90.

ICON's 3-Year Average Share Buyback Ratio is ranked lower than
60% of the 354 Companies
in the Global Apparel Manufacturing industry.

( Industry Median: -1.40 vs. ICON: -3.70 )

Definition

This is the average share buyback rate of the company over the past 3 years.


Explanation

A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.


Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.


Related Terms

Net Income

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