Icon Plc (NASDAQ: ICLR) is -58.18% lower on its value in year-to-date trading and has touched a low of $125.10 and a high of $342.55 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 $143.54 in the last trading session, with the day’s loss setting it -3.91%.
Currently trading at $139.63, the stock is -5.33% and -0.88% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.19 million and changing -2.72% at the moment leaves the stock -25.42% off its SMA200. ICLR registered -33.42% loss for a year compared to 6-month loss of -31.04%. The firm has a 50-day simple moving average (SMA 50) of $140.8514 and a 200-day simple moving average (SMA200) of $187.94925.
The stock witnessed a -2.75% gain in the last 1 month and extending the period to 3 months gives it a 0.22%, and is -6.61% 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 4.27% over the week and 3.47% over the month.
Icon Plc (ICLR) has around 41900 employees, a market worth around $11.28B and $8.19B in sales. Current P/E ratio is 15.19 and Fwd P/E is 9.83. Profit margin for the company is 9.25%. Distance from 52-week low is 11.61% and -59.24% from its 52-week high. The company has generated returns on investments over the last 12 months (5.82%).
The EPS is expected to shrink by -5.40% this year.
Icon Plc (ICLR) Top Institutional Holders
800.0 institutions hold shares in Icon Plc (ICLR), with institutional investors hold 100.89% of the company’s shares. The shares outstanding are 80.76M, and float is at 80.24M with Short Float at 2.59%. Institutions hold 100.25% 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
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