ICON Public Limited Company (NASDAQ:ICLR) went down by -0.84% from its latest closing price compared to the recent 1-year high of $234.22. The company’s stock price has collected 1.60% of gains in the last five trading sessions. Press Release reported 8 hours ago that ICON Reports Second Quarter 2021 Results
Is It Worth Investing in ICON Public Limited Company (NASDAQ :ICLR) Right Now?
ICON Public Limited Company (NASDAQ:ICLR) scored a price-to-earnings ratio above its average ratio, recording 33.74 x from its present earnings ratio. Plus, the 36-month beta value for ICLR is at 0.83. Opinions of the stock are interesting as 7 analysts out of 17 who provided ratings for ICON Public Limited Company declared the stock was a “buy,” while 1 rated the stock as “overweight,” 8 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $245.77, which is $34.43 above the current price. ICLR currently public float of 51.71M and currently shorts hold a 16.86% ratio of that float. Today, the average trading volume of ICLR was 886.97K shares.
ICLR’s Market Performance
ICLR stocks went up by 1.60% for the week, with a monthly jump of 0.64% and a quarterly performance of 1.55%, while its annual performance rate touched 12.64%. The volatility ratio for the week stands at 2.70% while the volatility levels for the past 30 days are set at 2.88% for ICON Public Limited Company. The simple moving average for the period of the last 20 days is 0.38% for ICLR stocks with a simple moving average of 5.12% for the last 200 days.
Analysts’ Opinion of ICLR
Many brokerage firms have already submitted their reports for ICLR stocks, with Citigroup repeating the rating for ICLR by listing it as a “Neutral.” The predicted price for ICLR in the upcoming period, according to Citigroup is $220 based on the research report published on July 14th of the current year 2021.
BofA Securities, on the other hand, stated in their research note that they expect to see ICLR reach a price target of $220. The rating they have provided for ICLR stocks is “Neutral” according to the report published on April 13th, 2021.
Wells Fargo gave a rating of “Overweight” to ICLR, setting the target price at $235 in the report published on April 01st of the current year.
ICLR Trading at -2.05% from the 50-Day Moving Average
After a stumble in the market that brought ICLR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -8.60% of loss for the given period.
Volatility was left at 2.88%, however, over the last 30 days, the volatility rate increased by 2.70%, as shares surge +0.82% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.02% lower at present.
During the last 5 trading sessions, ICLR rose by +1.60%, which changed the moving average for the period of 200-days by +8.86% in comparison to the 20-day moving average, which settled at $213.34. In addition, ICON Public Limited Company saw 9.79% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for ICLR
Current profitability levels for the company are sitting at:
- +14.86 for the present operating margin
- +26.86 for the gross margin
The net margin for ICON Public Limited Company stands at +11.88. The total capital return value is set at 18.91, while invested capital returns managed to touch 16.81. Equity return is now at value 19.10, with 10.50 for asset returns.
Based on ICON Public Limited Company (ICLR), the company’s capital structure generated 23.44 points at debt to equity in total, while total debt to capital is 18.99. Total debt to assets is 12.62, with long-term debt to equity ratio resting at 22.12. Finally, the long-term debt to capital ratio is 17.92.
When we switch over and look at the enterprise to sales, we see a ratio of 3.57, with the company’s debt to enterprise value settled at 0.04. The receivables turnover for the company is 2.52 and the total asset turnover is 0.88. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.87.