The price of ICL Group Ltd. (NYSE: ICL) closed at $5.13 in the last session, down -1.35% from day before closing price of $5.20. In other words, the price has decreased by -$0.07 from its previous closing price. On the day, 724585 shares were traded.
Ratios:
We take a closer look at ICL’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.18 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.41. For the most recent quarter (mrq), Quick Ratio is recorded 0.88 and its Current Ratio is at 1.53. In the meantime, Its Debt-to-Equity ratio is 0.47 whereas as Long-Term Debt/Eq ratio is at 0.32.
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 the company, Barclays on January 12, 2024, Downgraded its rating to Underweight and sets its target price to $4 from $6.50 previously.
On November 14, 2023, Barclays Upgraded its rating to Overweight which previously was Equal Weight and also lowered its target price recommendation from $7 to $6.50.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ICL now has a Market Capitalization of 6.75B and an Enterprise Value of 8.85B. As of this moment, ICL’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.24, and their Forward P/E ratio for the next fiscal year is 10.56. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.88 while its Price-to-Book (P/B) ratio in mrq is 1.17. Its current Enterprise Value per Revenue stands at 1.17 whereas that against EBITDA is 5.30.
Stock Price History:
Over the past 52 weeks, ICL has reached a high of $6.91, while it has fallen to a 52-week low of $4.30. The 50-Day Moving Average of the stock is 5.01, while the 200-Day Moving Average is calculated to be 5.35.
Shares Statistics:
According to the various share statistics, ICL traded on average about 901.60K shares per day over the past 3-months and 703.43k shares per day over the past 10 days. A total of 1.31B shares are outstanding, with a floating share count of 719.55M. Insiders hold about 44.20% of the company’s shares, while institutions hold 37.44% stake in the company. Shares short for ICL as of Mar 15, 2024 were 1.61M with a Short Ratio of 1.79, compared to 1.76M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.13% and a Short% of Float of 0.22%.
Dividends & Splits
The forward annual dividend rate for ICL is 0.28, which was 0.28 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 5.33%, it implies a Forward Annual Dividend Yield of 3.57%. The stock’s 5-year Average Dividend Yield is 5.77.
Earnings Estimates
The company has 5 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.09 for the current quarter, with a high estimate of $0.1 and a low estimate of $0.07, while EPS last year was $0.23. The consensus estimate for the next quarter is $0.1, with high estimates of $0.12 and low estimates of $0.09.
Analysts are recommending an EPS of between $0.45 and $0.34 for the fiscal current year, implying an average EPS of $0.4. EPS for the following year is $0.49, with 5 analysts recommending between $0.57 and $0.37.
Revenue Estimates
A total of 4 analysts have provided revenue estimates for ICL’s current fiscal year. The highest revenue estimate was $7.35B, while the lowest revenue estimate was $6.82B, resulting in an average revenue estimate of $7.05B. In the same quarter a year ago, actual revenue was $7.54B, down -6.40% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $7.49B in the next fiscal year. The high estimate is $7.68B and the low estimate is $7.35B. The average revenue growth estimate for next year is up 6.20% from the average revenue estimate for this year.
