Icon Plc (NASDAQ: ICLR) is -11.04% lower on its value in year-to-date trading and has touched a low of $179.50 and a high of $347.72 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ICLR stock was last observed hovering at around $185.18 in the last trading session, with the day’s gains setting it 1.38%.
Currently trading at $186.56, the stock is -2.05% and -6.66% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.01 million and changing 0.75% at the moment leaves the stock -29.29% off its SMA200. ICLR registered -44.39% loss for a year compared to 6-month loss of -40.30%.
The stock witnessed a -5.02% gain in the last 1 month and extending the period to 3 months gives it a -12.41%, and is -1.82% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.67% over the week and 3.11% over the month.
Icon Plc (ICLR) has around 41900 employees, a market worth around $15.07B and $8.28B in sales. Current P/E ratio is 19.56 and Fwd P/E is 11.86. Profit margin for the company is 9.56%. Distance from 52-week low is 3.93% and -46.35% from its 52-week high. The company has generated returns on investments over the last 12 months (6.06%).
with sales reaching $2.04B over the same period.The EPS is expected to shrink by -0.44% this year, but quarterly earnings will post 0.90% year-over-year. Quarterly sales are estimated to shrink -2.44% in year-over-year returns.
Icon Plc (ICLR) Top Institutional Holders
The shares outstanding are 80.76M, and float is at 80.18M with Short Float at 1.85%.
The top institutional shareholder in the company is WCM INVESTMENT MANAGEMENT, LLC with over 6.67 million shares valued at $2.09 billion. The investor’s holdings represent 8.0657% of the ICLR Shares outstanding. As of 2024-06-30, the second largest holder is MASSACHUSETTS FINANCIAL SERVICES CO /MA/ with 5.0 million shares valued at $1.57 billion to account for 6.0473 of the shares outstanding. The other top investors are WELLINGTON MANAGEMENT GROUP LLP which holds 2.76 million shares representing 3.3418% and valued at over $865.06 million, while NINETY ONE UK LTD holds 3.2371 of the shares totaling 2.68 million with a market value of $839.58 million.
Icon Plc (ICLR) Insider Activity
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Still, SEC filings show that on Mar 04 ’25, BARRY EDWARD BALFE (Officer) Proposed Sale 1,216 shares at an average price of $182.43 for $0.22 million. The insider now directly holds shares of Icon Plc (ICLR).
