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The closing price of Icon Plc (NASDAQ: ICLR) was $283.49 for the day, down -1.78% from the previous closing price of $288.64. In other words, the price has decreased by -$1.78 from its previous closing price. On the day, 1.38 million shares were traded. ICLR stock price reached its highest trading level at $289.29 during the session, while it also had its lowest trading level at $277.875.
Ratios:
Our analysis of ICLR’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 46.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.03. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 23477678080 and an Enterprise Value of 27017314304. As of this moment, Icon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 33.00, and their Forward P/E ratio for the next fiscal year is 16.56. 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 3.243 whereas that against EBITDA is 15.712.
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 $222.32. The 50-Day Moving Average of the stock is -6.28%, while the 200-Day Moving Average is calculated to be -7.81%.
Shares Statistics:
ICLR traded an average of 575.37K shares per day over the past three months and 533810 shares per day over the past ten days. 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 96.07% stake in the company. Shares short for ICLR as of 1727654400 were 1756655 with a Short Ratio of 3.05, compared to 1724976000 on 1551545. Therefore, it implies a Short% of Shares Outstanding of 1756655 and a Short% of Float of 2.1399999999999997.
