Icon Plc [ICLR] stock prices are down -1.11% to $199.15 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The ICLR shares have gain 6.95% over the last week, with a monthly amount drifted -1.74%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Icon Plc [NASDAQ: ICLR] stock has seen the most recent analyst activity on January 07, 2025, when RBC Capital Mkts initiated its Outperform rating and assigned the stock a price target of $263. Previously, Robert W. Baird downgraded its rating to Neutral on October 24, 2024, and kept the price target unchanged to $340. On October 14, 2024, Redburn Atlantic initiated with a Neutral rating. Leerink Partners started tracking the stock assigning a Outperform rating and suggested a price target of $379 on September 18, 2024. Goldman initiated its recommendation with a Buy and recommended $370 as its price target on June 06, 2024. Truist started tracking with a Buy rating for this stock on December 15, 2023, and assigned it a price target of $357. In a note dated September 13, 2023, TD Cowen initiated an Outperform rating and provided a target price of $306 on this stock.
The stock price of Icon Plc [ICLR] has been fluctuating between $181.51 and $347.72 over the past year. Currently, Wall Street analysts expect the stock to reach $337 within the next 12 months. Icon Plc [NASDAQ: ICLR] shares were valued at $199.15 at the most recent close of the market. An investor can expect a potential return of 69.22% based on the average ICLR price forecast.
Analyzing the ICLR fundamentals
The Icon Plc [NASDAQ:ICLR] reported sales of 8.28B for trailing twelve months, representing a drop of -1.22%. Gross Profit Margin for this corporation currently stands at 0.26% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.08 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.37.
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 196.89 points at the first support level, and at 194.63 for the second support level. However, for the 1st resistance point, the stock is sitting at 202.81, and for the 2nd resistance point, it is at 206.46.
Ratios To Look Out For
It’s worth pointing out that Icon Plc [NASDAQ:ICLR]’s Current Ratio is 1.26. On the other hand, the Quick Ratio is 1.26, and the Cash Ratio is 0.19. Considering the valuation of this stock, the price to sales ratio is 1.99, the price to book ratio is 1.69 and price to earnings (TTM) ratio is 20.88.
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.
