Icon Plc (NASDAQ: ICLR) is -14.11% lower on its value in year-to-date trading and has touched a low of $174.93 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 $178.78 in the last trading session, with the day’s gains setting it 1.33%.
Currently trading at $180.11, the stock is -1.84% and -5.78% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.47 million and changing 0.74% at the moment leaves the stock -29.14% off its SMA200. ICLR registered -45.39% loss for a year compared to 6-month loss of -39.24%. The firm has a 50-day simple moving average (SMA 50) of $191.1626 and a 200-day simple moving average (SMA200) of $254.1685.
The stock witnessed a -8.20% gain in the last 1 month and extending the period to 3 months gives it a -14.24%, and is -2.09% 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 3.24% over the week and 3.21% over the month.
Icon Plc (ICLR) has around 41900 employees, a market worth around $14.55B and $8.28B in sales. Current P/E ratio is 18.88 and Fwd P/E is 11.49. Profit margin for the company is 9.56%. Distance from 52-week low is 2.96% and -48.20% from its 52-week high. The company has generated returns on investments over the last 12 months (6.06%).
The EPS is expected to shrink by -0.78% this year
855.0 institutions hold shares in Icon Plc (ICLR), with institutional investors hold 99.28% of the company’s shares. The shares outstanding are 80.76M, and float is at 80.19M with Short Float at 2.01%. Institutions hold 98.67% of the Float.
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 3.3354 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
Still, SEC filings show that on Mar 04 ’25, DIARMAID CUNNINGHAM (Officer) Proposed Sale 1,185 shares at an average price of $182.43 for $0.22 million. The insider now directly holds shares of Icon Plc (ICLR).
