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As of close of business last night, Icon Plc’s stock clocked out at $283.92, down -4.22% from its previous closing price of $296.44. In other words, the price has decreased by -$4.22 from its previous closing price. On the day, 1.03 million shares were traded. ICLR stock price reached its highest trading level at $294.15 during the session, while it also had its lowest trading level at $281.44.
Ratios:
To gain a deeper understanding of ICLR’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 46.42 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.06. For the most recent quarter (mrq), Quick Ratio is recorded 1.31 and its Current Ratio is at 1.31. In the meantime, Its Debt-to-Equity ratio is 0.37 whereas as Long-Term Debt/Eq ratio is at 0.37.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Leerink Partners on September 18, 2024, initiated with a Outperform rating and assigned the stock a target price of $379.
On June 06, 2024, Goldman started tracking the stock assigning a Buy rating and target price of $370.
On December 15, 2023, Truist started tracking the stock assigning a Buy rating and target price of $357.Truist initiated its Buy rating on December 15, 2023, with a $357 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 26 ’24 when UTE BERGER bought 11,827 shares for $320.82 per share.
DIARMAID CUNNINGHAM bought 5,969 shares of ICLR for $1,972,304 on Jul 30 ’24. On Jul 29 ’24, another insider, BRENDAN BRENNAN, who serves as the Officer of the company, bought 26,064 shares for $325.99 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ICLR now has a Market Capitalization of 23513290752 and an Enterprise Value of 26626418688. As of this moment, Icon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 33.05, and their Forward P/E ratio for the next fiscal year is 16.44. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.30. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.82 while its Price-to-Book (P/B) ratio in mrq is 2.45. Its current Enterprise Value per Revenue stands at 3.196 whereas that against EBITDA is 15.485.
Stock Price History:
Over the past 52 weeks, ICLR has reached a high of $347.72, while it has fallen to a 52-week low of $221.20. The 50-Day Moving Average of the stock is -10.04%, while the 200-Day Moving Average is calculated to be -7.27%.
Shares Statistics:
It appears that ICLR traded 623.63K shares on average per day over the past three months and 783300 shares per day over the past ten days. A total of 82.50M shares are outstanding, with a floating share count of 82.05M. Insiders hold about 0.92% of the company’s shares, while institutions hold 96.49% stake in the company. Shares short for ICLR as of 1724976000 were 1551545 with a Short Ratio of 2.39, compared to 1722384000 on 1651754. Therefore, it implies a Short% of Shares Outstanding of 1551545 and a Short% of Float of 1.8900000000000001.
