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After finishing at $293.60 in the prior trading day, Icon Plc (NASDAQ: ICLR) closed at $295.24, up 0.56%. In other words, the price has increased by $0.56 from its previous closing price. On the day, 0.74 million shares were traded. ICLR stock price reached its highest trading level at $300.11 during the session, while it also had its lowest trading level at $288.75.
Ratios:
Our goal is to gain a better understanding of ICLR by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 48.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.86. 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.
On September 18, 2024, Leerink Partners started tracking the stock assigning a Outperform rating and target price of $379.
On June 06, 2024, Goldman started tracking the stock assigning a Buy rating and target price of $370.Goldman initiated its Buy rating on June 06, 2024, with a $370 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 24450772992 and an Enterprise Value of 27563902976. As of this moment, Icon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 34.37, and their Forward P/E ratio for the next fiscal year is 17.25. 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 2.93 while its Price-to-Book (P/B) ratio in mrq is 2.55. Its current Enterprise Value per Revenue stands at 3.308 whereas that against EBITDA is 16.03.
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 -2.83%, while the 200-Day Moving Average is calculated to be -3.89%.
Shares Statistics:
The stock has traded on average 565.54K shares per day over the past 3-months and 474630 shares per day over the last 10 days, according to various share statistics. A total of 82.50M shares are outstanding, with a floating share count of 82.10M. Insiders hold about 0.87% of the company’s shares, while institutions hold 95.68% stake in the company. Shares short for ICLR as of 1727654400 were 1756655 with a Short Ratio of 3.11, compared to 1724976000 on 1551545. Therefore, it implies a Short% of Shares Outstanding of 1756655 and a Short% of Float of 2.1399999999999997.
