Currently, Icon Plc [ICLR] is trading at $210.02, up 1.21%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ICLR shares have gain 2.86% over the last week, with a monthly amount drifted -1.29%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Icon Plc [NASDAQ: ICLR] stock has seen the most recent analyst activity on October 24, 2024, when Robert W. Baird downgraded its rating to a Neutral but kept the price target unchanged to $340 for it. On September 18, 2024, Leerink Partners initiated with a Outperform rating and assigned a price target of $379 on the stock. Goldman started tracking the stock assigning a Buy rating and suggested a price target of $370 on June 06, 2024. Truist initiated its recommendation with a Buy and recommended $357 as its price target on December 15, 2023. TD Cowen started tracking with a Outperform rating for this stock on September 13, 2023, and assigned it a price target of $306. In a note dated January 17, 2023, Barclays upgraded an Overweight rating on this stock and boosted its target price from $215 to $260.
This stock has fluctuated between a low of $183.38 and a high of $347.72 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $337 within the next 12 months. Icon Plc [NASDAQ: ICLR] shares were valued at $210.02 at the most recent close of the market. An investor can expect a potential return of 60.46% based on the average ICLR price forecast.
Analyzing the ICLR fundamentals
Trailing Twelve Months sales for Icon Plc [NASDAQ:ICLR] were 8.31B which represents -1.22% decline. Gross Profit Margin for this corporation currently stands at 0.24% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.08 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.35.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 206.89 points at the first support level, and at 203.75 for the second support level. However, for the 1st resistance point, the stock is sitting at 211.71, and for the 2nd resistance point, it is at 213.39.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Icon Plc [NASDAQ:ICLR] is 1.34. As well, the Quick Ratio is 1.34, while the Cash Ratio is 0.25. Considering the valuation of this stock, the price to sales ratio is 2.12, the price to book ratio is 1.77 and price to earnings (TTM) ratio is 23.39.
Transactions by insiders
Recent insider trading involved Poplar Limited DNE, Director, that happened on Dec 05 ’24 when 17500.0 shares were purchased. Officer, UTE BERGER completed a deal on Aug 26 ’24 to buy 11827.0 shares. Meanwhile, Officer DIARMAID CUNNINGHAM bought 5969.0 shares on Jul 30 ’24.
