Is ICON PLC Stock a Good Investment?
ICON PLC Investment Advice | ICLR |
- Examine ICON PLC's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research ICON PLC's leadership team and their track record. Good management can help ICON PLC navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Life Sciences Tools & Services space and any emerging trends that could impact ICON PLC's business and its evolving consumer preferences.
- Compare ICON PLC's performance and market position to its competitors. Analyze how ICON PLC is positioned in terms of product offerings, innovation, and market share.
- Check if ICON PLC pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about ICON PLC's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in ICON PLC stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if ICON PLC is a good investment.
Sell | Buy |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine ICON PLC Stock
Researching ICON PLC's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 99.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 1.78. Some equities with similar Price to Book (P/B) outperform the market in the long run. ICON PLC has Price/Earnings To Growth (PEG) ratio of 0.98. The entity recorded earning per share (EPS) of 8.98. The firm had not issued any dividends in recent years. ICON PLC had 2:1 split on the 13th of August 2008.
To determine if ICON PLC is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding ICON PLC's research are outlined below:
| ICON PLC generated a negative expected return over the last 90 days | |
| ICON PLC has high historical volatility and very poor performance | |
| Over 99.0% of the company shares are owned by institutional investors | |
| Latest headline from businesswire.com: Glancy Prongay Murray LLP, a Leading Securities Fraud Law Firm, Continues Investigation of ICON Public Limited Company on Behalf of Investors |
ICON PLC Quarterly Accounts Payable |
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ICON PLC uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in ICON PLC. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to ICON PLC's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 28th of February 2024 Upcoming Quarterly Report | View | |
| 24th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 28th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact ICON PLC's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises ICON PLC's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2011-10-27 | 2011-09-30 | 0.01 | 0.02 | 0.01 | 100 | ||
2003-09-30 | 2003-06-30 | 0.1 | 0.11 | 0.01 | 10 | ||
2002-07-30 | 2002-06-30 | 0.07 | 0.08 | 0.01 | 14 | ||
1999-07-28 | 1999-06-30 | 0.03 | 0.04 | 0.01 | 33 | ||
1999-03-30 | 1998-12-31 | 0.04 | 0.05 | 0.01 | 25 | ||
2012-02-16 | 2011-12-31 | 0.09 | 0.07 | -0.02 | 22 | ||
2007-02-13 | 2006-12-31 | 0.18 | 0.2 | 0.02 | 11 | ||
2006-07-26 | 2006-06-30 | 0.14 | 0.16 | 0.02 | 14 |
Know ICON PLC's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as ICON PLC is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ICON PLC backward and forwards among themselves. ICON PLC's institutional investor refers to the entity that pools money to purchase ICON PLC's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Franklin Resources Inc | 2024-09-30 | 1.4 M | Alliancebernstein L.p. | 2024-06-30 | 1.4 M | Sustainable Growth Advisers, Lp | 2024-09-30 | 1.3 M | Victory Capital Management Inc. | 2024-09-30 | 1.3 M | William Blair Investment Management, Llc | 2024-09-30 | 1.3 M | Comgest Global Investors Sas | 2024-06-30 | 1.2 M | Hhg Plc | 2024-06-30 | 1.2 M | Blackrock Inc | 2024-06-30 | 1.2 M | Bank Of America Corp | 2024-06-30 | 1.1 M | Wcm Investment Management | 2024-09-30 | 6.7 M | Massachusetts Financial Services Company | 2024-09-30 | 4.1 M |
ICON PLC's market capitalization trends
The company currently falls under 'Large-Cap' category with a current market capitalization of 17.36 B.Market Cap |
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ICON PLC's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.15 | 0.10 | |
| Return On Capital Employed | 0.07 | 0.06 | |
| Return On Assets | 0.04 | 0.03 | |
| Return On Equity | 0.07 | 0.11 |
Determining ICON PLC's profitability involves analyzing its financial statements and using various financial metrics to determine if ICON PLC is a good buy. For example, gross profit margin measures ICON PLC's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of ICON PLC's profitability and make more informed investment decisions.
ICON PLC's Earnings Breakdown by Geography
Evaluate ICON PLC's management efficiency
ICON PLC has return on total asset (ROA) of 0.0417 % which means that it generated a profit of $0.0417 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0799 %, meaning that it created $0.0799 on every $100 dollars invested by stockholders. ICON PLC's management efficiency ratios could be used to measure how well ICON PLC manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/30/2024, Return On Equity is likely to grow to 0.11, while Return On Tangible Assets are likely to drop 0.1. At this time, ICON PLC's Debt To Assets are relatively stable compared to the past year. As of 11/30/2024, Fixed Asset Turnover is likely to grow to 17.00, though Net Tangible Assets are likely to grow to (4.1 B).| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 112.55 | 118.18 | |
| Tangible Book Value Per Share | (44.30) | (42.09) | |
| Enterprise Value Over EBITDA | 17.62 | 8.93 | |
| Price Book Value Ratio | 2.52 | 2.02 | |
| Enterprise Value Multiple | 17.62 | 8.93 | |
| Price Fair Value | 2.52 | 2.02 | |
| Enterprise Value | 24.1 B | 25.3 B |
The decision-making processes within ICON PLC are key to its success in a competitive market. By evaluating these processes, we assess the stock's potential for future gains.
Beta 1.251 |
Basic technical analysis of ICON Stock
As of the 30th of November, ICON PLC retains the coefficient of variation of (588.60), and Market Risk Adjusted Performance of (0.49). ICON PLC technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the entity's future prices. Please check out ICON PLC information ratio and skewness to decide if ICON PLC is priced fairly, providing market reflects its last-minute price of 210.25 per share. Given that ICON PLC has information ratio of (0.21), we strongly advise you to confirm ICON PLC's regular market performance to make sure the company can sustain itself in the future.ICON PLC's Outstanding Corporate Bonds
ICON PLC issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. ICON PLC uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most ICON bonds can be classified according to their maturity, which is the date when ICON PLC has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View |
Understand ICON PLC's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing ICON PLC's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.12) | |||
| Market Risk Adjusted Performance | (0.49) | |||
| Mean Deviation | 1.93 | |||
| Coefficient Of Variation | (588.60) | |||
| Standard Deviation | 3.39 | |||
| Variance | 11.49 | |||
| Information Ratio | (0.21) | |||
| Jensen Alpha | (0.74) | |||
| Total Risk Alpha | (1.15) | |||
| Treynor Ratio | (0.50) | |||
| Maximum Drawdown | 24.5 | |||
| Value At Risk | (4.22) | |||
| Potential Upside | 4.13 | |||
| Skewness | (3.32) | |||
| Kurtosis | 19.93 |
| Risk Adjusted Performance | (0.12) | |||
| Market Risk Adjusted Performance | (0.49) | |||
| Mean Deviation | 1.93 | |||
| Coefficient Of Variation | (588.60) | |||
| Standard Deviation | 3.39 | |||
| Variance | 11.49 | |||
| Information Ratio | (0.21) | |||
| Jensen Alpha | (0.74) | |||
| Total Risk Alpha | (1.15) | |||
| Treynor Ratio | (0.50) | |||
| Maximum Drawdown | 24.5 | |||
| Value At Risk | (4.22) | |||
| Potential Upside | 4.13 | |||
| Skewness | (3.32) | |||
| Kurtosis | 19.93 |
Consider ICON PLC's intraday indicators
ICON PLC intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of ICON PLC stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 4397.76 | |||
| Daily Balance Of Power | (0.86) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 210.8 | |||
| Day Typical Price | 210.62 | |||
| Price Action Indicator | (1.85) | |||
| Period Momentum Indicator | (2.59) | |||
| Relative Strength Index | 23.82 |
ICON PLC Corporate Filings
6K | 13th of November 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
13A | 12th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
| 2nd of May 2024 Other Reports | ViewVerify | |
FWP | 1st of May 2024 A written communication used by offering participants to offer securities to the public or to solicit securities transactions. | ViewVerify |
ICON Stock media impact
Far too much social signal, news, headlines, and media speculation about ICON PLC that are available to investors today. That information is available publicly through ICON media outlets and privately through word of mouth or via ICON internal channels. However, regardless of the origin, that massive amount of ICON data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of ICON PLC news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of ICON PLC relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to ICON PLC's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive ICON PLC alpha.
ICON PLC Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards ICON PLC can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
ICON PLC Historical Investor Sentiment
Investor biases related to ICON PLC's public news can be used to forecast risks associated with an investment in ICON. The trend in average sentiment can be used to explain how an investor holding ICON can time the market purely based on public headlines and social activities around ICON PLC. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
ICON PLC's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for ICON PLC and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average ICON PLC news discussions. The higher the estimate score, the more favorable the investor's outlook on ICON PLC.
ICON PLC Corporate Management
| Nigel ACA | Chief Officer | Profile | |
| Dr MBA | CEO Director | Profile | |
| Jonathan Curtain | Senior Finance | Profile | |
| Niamh Murphy | Director Communications | Profile | |
| Joe Cronin | Chief Officer | Profile |
Additional Tools for ICON Stock Analysis
When running ICON PLC's 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 the 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.