Icon Plc (NASDAQ: ICLR) is -27.79% lower on its value in year-to-date trading and has touched a low of $133.28 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 $149.31 in the last trading session, with the day’s gains setting it 2.13%.
Currently trading at $151.44, the stock is 2.67% and -11.10% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.77 million and changing 1.43% at the moment leaves the stock -35.50% off its SMA200. ICLR registered -50.88% loss for a year compared to 6-month loss of -31.31%. The firm has a 50-day simple moving average (SMA 50) of $170.3454 and a 200-day simple moving average (SMA200) of $234.7865.
The stock witnessed a -13.46% gain in the last 1 month and extending the period to 3 months gives it a -23.56%, and is 5.81% up 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 3.87% over the week and 5.46% over the month.
Icon Plc (ICLR) has around 41900 employees, a market worth around $12.23B and $8.28B in sales. Current P/E ratio is 15.88 and Fwd P/E is 9.98. Profit margin for the company is 9.56%. Distance from 52-week low is 13.63% and -56.45% from its 52-week high. The company has generated returns on investments over the last 12 months (6.06%).
with sales reaching $2.02B over the same period.The EPS is expected to shrink by -2.99% this year, but quarterly earnings will post -1.97% year-over-year. Quarterly sales are estimated to shrink -4.67% in year-over-year returns.
826.0 institutions hold shares in Icon Plc (ICLR), with institutional investors hold 97.69% of the company’s shares. The shares outstanding are 80.76M, and float is at 80.19M with Short Float at 2.38%. Institutions hold 97.10% 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).
