In the past week, ICLR stock has gone down by -6.05%, with a monthly decline of -6.21% and a quarterly plunge of -11.49%. The volatility ratio for the week is 3.30%, and the volatility levels for the last 30 days are 3.23% for Icon Plc The simple moving average for the last 20 days is -2.12% for ICLR stock, with a simple moving average of -29.17% for the last 200 days.
Is It Worth Investing in Icon Plc (NASDAQ: ICLR) Right Now?
Icon Plc (NASDAQ: ICLR) has a price-to-earnings ratio that is above its average at 19.88x. The stock has a 36-month beta value of 1.21. Opinions on the stock are mixed, with 12 analysts rating it as a “buy,” 5 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for ICLR is 80.18M, and at present, short sellers hold a 1.85% of that float. On February 28, 2025, the average trading volume of ICLR was 963.26K shares.
ICLR) stock’s latest price update
Icon Plc (NASDAQ: ICLR)’s stock price has decreased by -3.35 compared to its previous closing price of 196.20. However, the company has seen a -6.05% decrease in its stock price over the last five trading sessions. accessnewswire.com reported 2025-02-27 that NEW YORK, NY / ACCESS Newswire / February 27, 2025 / If you suffered a loss on your ICON Public Limited Company (NASDAQ:ICLR) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/icon-public-limited-company-lawsuit-submission-form?prid=132836&wire=1 or contact Joseph E. Levi, Esq.
Analysts’ Opinion of ICLR
Many brokerage firms have already submitted their reports for ICLR stocks, with RBC Capital Mkts repeating the rating for ICLR by listing it as a “Outperform.” The predicted price for ICLR in the upcoming period, according to RBC Capital Mkts is $263 based on the research report published on January 07, 2025 of the current year 2025.
Robert W. Baird, on the other hand, stated in their research note that they expect to see ICLR reach a price target of $340. The rating they have provided for ICLR stocks is “Neutral” according to the report published on October 24th, 2024.
ICLR Trading at -6.21% 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 -45.47% of loss for the given period.
Volatility was left at 3.23%, however, over the last 30 days, the volatility rate increased by 3.30%, as shares sank -4.29% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.05% lower at present.
During the last 5 trading sessions, ICLR fell by -6.05%, which changed the moving average for the period of 200-days by -39.81% in comparison to the 20-day moving average, which settled at $193.73. In addition, Icon Plc saw -9.58% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ICLR starting from Poplar Limited DNE, who proposed sale 17,500 shares at the price of $214.50 back on Dec 05 ’24. After this action, Poplar Limited DNE now owns shares of Icon Plc, valued at $3,753,750 using the latest closing price.
UTE BERGER, the Officer of Icon Plc, proposed sale 11,827 shares at $320.82 during a trade that took place back on Aug 26 ’24, which means that UTE BERGER is holding shares at $3,794,380 based on the most recent closing price.
Stock Fundamentals for ICLR
Current profitability levels for the company are sitting at:
- 0.14 for the present operating margin
- 0.26 for the gross margin
The net margin for Icon Plc stands at 0.1. The total capital return value is set at 0.08. Equity return is now at value 8.44, with 4.67 for asset returns.
Based on Icon Plc (ICLR), the company’s capital structure generated 0.27 points at debt to capital in total, while cash flow to debt ratio is standing at 0.36. The debt to equity ratio resting at 0.37. The interest coverage ratio of the stock is 4.88.
Currently, EBITDA for the company is 1.59 billion with net debt to EBITDA at 1.81. When we switch over and look at the enterprise to sales, we see a ratio of 2.21. The receivables turnover for the company is 3.08for trailing twelve months and the total asset turnover is 0.49. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.26.
Conclusion
To sum up, Icon Plc (ICLR) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
