ICON Plc Stock Today

ICLR
 Stock
  

USD 217.19  1.91  0.87%   

Market Performance
0 of 100
Odds Of Distress
Less than 2
ICON Plc is selling at 217.19 as of the 29th of June 2022; that is -0.87 percent down since the beginning of the trading day. The stock's lowest day price was 212.03. ICON Plc has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for ICON Plc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of March 2022 and ending today, the 29th of June 2022. Click here to learn more.
CUSIP
289900102
Fiscal Year End
December
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
15th of May 1998
Category
Healthcare
Classification
Health Care
ISIN
IE0005711209
ICON Public Limited Company, a clinical research organization, provides outsourced development and commercialization services in Ireland, rest of Europe, the United States, and internationally. The company was incorporated in 1990 and is headquartered in Dublin, Ireland. The company has 81.4 M outstanding shares of which 761.72 K shares are currently shorted by private and institutional investors with about 1.52 trading days to cover. More on ICON Plc

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Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

ICON Plc Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. ICON Plc's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ICON Plc or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ICON Plc generated a negative expected return over the last 90 days
ICON Plc is unlikely to experience financial distress in the next 2 years
ICON Plc has a strong financial position based on the latest SEC filings
Over 97.0% of the company shares are owned by institutional investors
Latest headline from www.marketscreener.com: ICON establishes university scholarship programme to provide increased opportunities for underrepresented groups to study STEM-related courses - Marketscreener.com
Chairman of the BoardThomas Lynch
Fama & French Classification
Average Analyst Recommendation
Analysts covering ICON Plc report their recommendations after researching ICON Plc's financial statements, talking to executives and customers, or listening in on ICON Plc's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering ICON Plc. The ICON Plc consensus assessment is calculated by taking the average forecast from all of the analysts covering ICON Plc.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of ICON Plc based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of ICON Plc financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
 8 - StrongDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares59.8 M67.1 M
Fairly Down
Decreasing
Stable
Weighted Average Shares Diluted60.7 M68.1 M
Fairly Down
Decreasing
Stable
Net Cash Flow from Operations894.6 M829.1 M
Significantly Up
Increasing
Slightly volatile
Total Assets18.8 B17.4 B
Significantly Up
Increasing
Slightly volatile
Total Liabilities10.1 B9.3 B
Significantly Up
Increasing
Slightly volatile
Current Assets3.2 B2.9 B
Significantly Up
Increasing
Slightly volatile
Current Liabilities2.7 B2.5 B
Significantly Up
Increasing
Slightly volatile
Total DebtB5.6 B
Significantly Up
Increasing
Slightly volatile
Return on Average Assets0.01540.015
Fairly Up
Increasing
Stable
Gross Margin0.290.275
Notably Up
Decreasing
Slightly volatile
Asset Turnover0.660.521
Significantly Up
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of ICON Plc's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Financial Strength
ICON Plc's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to ICON Plc's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand ICON Plc's financial leverage. It provides some insight into what part of ICON Plc's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on ICON Plc's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how ICON Plc deploys its capital and how much of that capital is borrowed.
Liquidity
ICON Plc cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 5.35 B in liabilities with Debt to Equity (D/E) ratio of 0.66, which is about average as compared to similar companies. ICON Plc has a current ratio of 1.11, suggesting that it may not be capable to disburse its financial obligations when due. Debt can assist ICON Plc until it has trouble settling it off, either with new capital or with free cash flow. So, ICON Plc's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like ICON Plc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ICON Plc to invest in growth at high rates of return. When we think about ICON Plc's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

894.6 MillionShare
ICON Plc (ICLR) is traded on NASDAQ Exchange in USA. It is located in South County Business Park and employs 39,300 people. ICON Plc is listed under Business Services category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with current market capitalization of 17.7 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ICON Plc's market, we take the total number of its shares issued and multiply it by ICON Plc's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. ICON Plc conducts business under Healthcare sector and is part of Diagnostics & Research industry. The entity has 81.4 M outstanding shares of which 761.72 K shares are currently shorted by private and institutional investors with about 1.52 trading days to cover. ICON Plc currently holds about 560.81 M in cash with 944.14 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.9.
Check ICON Plc Probability Of Bankruptcy
Ownership
ICON Plc secures a total of 81.4 Million outstanding shares. The majority of ICON Plc outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in ICON Plc to benefit from reduced commissions. Thus, third-party entities are subject to a different set of regulations than regular investors in ICON Plc. Please pay attention to any change in the institutional holdings of ICON Plc as this could imply that something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check ICON Plc Ownership Details

ICON Plc Stock Price Odds Analysis

What are ICON Plc's target price odds to finish over the current price? In regard to a normal probability distribution, the odds of ICON Plc jumping above the current price in 90 days from now is about 71.14%. The ICON Plc probability density function shows the probability of ICON Plc stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.2483. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, ICON Plc will likely underperform. Additionally, the company has an alpha of 0.1215, implying that it can generate a 0.12 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 217.19HorizonTargetOdds Above 217.19
28.70%90 days
 217.19 
71.14%
Based on a normal probability distribution, the odds of ICON Plc to move above the current price in 90 days from now is about 71.14 (This ICON Plc probability density function shows the probability of ICON Plc Stock to fall within a particular range of prices over 90 days) .

ICON Plc Historical Income Statement

ICON Plc Income Statement is one of the three primary financial statements used for reporting ICON Plc's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of ICON Plc revenue and expense. ICON Plc Income Statement primarily focuses on the company's revenues and expenses during a particular period.
ICON Plc Income Tax Expense is relatively stable at the moment as compared to the past year. ICON Plc reported last year Income Tax Expense of 41.33 Million View More Fundamentals

ICON Plc Stock Against Markets

Picking the right benchmark for ICON Plc stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in ICON Plc stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for ICON Plc is critical whether you are bullish or bearish towards ICON Plc at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in ICON Plc without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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ICON Plc Corporate Directors

ICON Plc corporate directors refer to members of an ICON Plc board of directors. The board of directors generally takes responsibility for the ICON Plc's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of ICON Plc's board members must vote for the resolution. The ICON Plc board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Ronan Lambe - Non-Executive DirectorProfile
William Hall - Non-Executive DirectorProfile
Julie ONeill - Non-Executive DirectorProfile
Hugh Brady - Non-Executive DirectorProfile

Investing ICON Plc

You need to understand the risk of investing before taking a position in ICON Plc. The danger of trading ICON Plc is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ICON Plc is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ICON Plc. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ICON Plc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please see Risk vs Return Analysis. Note that the ICON Plc information on this page should be used as a complementary analysis to other ICON Plc's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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When running ICON Plc price analysis, check to measure ICON Plc's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ICON Plc is operating at the current time. Most of ICON Plc's value examination focuses on studying past and present price action to predict the probability of ICON Plc's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move ICON Plc's price. Additionally, you may evaluate how the addition of ICON Plc to your portfolios can decrease your overall portfolio volatility.
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Is ICON Plc's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ICON Plc. If investors know ICON Plc will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ICON Plc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.25
Market Capitalization
18 B
Quarterly Revenue Growth YOY
1.22
Return On Assets
0.0359
Return On Equity
0.0336
The market value of ICON Plc is measured differently than its book value, which is the value of ICON Plc that is recorded on the company's balance sheet. Investors also form their own opinion of ICON Plc's value that differs from its market value or its book value, called intrinsic value, which is ICON Plc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ICON Plc's market value can be influenced by many factors that don't directly affect ICON Plc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ICON Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine ICON Plc value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ICON Plc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.