Icon Plc Stock Today
| ICLR Stock | USD 309.44 2.99 0.98% |
Performance9 of 100
| Odds Of DistressLess than 5
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ICON PLC is selling at 309.44 as of the 24th of April 2024; that is 0.98 percent up since the beginning of the trading day. The stock's lowest day price was 298.17. ICON PLC has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat ok performance during 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 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Pharmaceuticals, Biotechnology & Life Sciences | IPO Date 15th of May 1998 | Category Healthcare | Classification Health Care |
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 82.5 M outstanding shares of which 1.39 M shares are currently shorted by private and institutional investors with about 2.83 trading days to cover. More on ICON PLC
Moving together with ICON Stock
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Moving against ICON Stock
| 0.76 | KA | Kineta Inc Financial Report 9th of May 2024 | PairCorr |
| 0.74 | BNR | Burning Rock BiotechLtd Financial Report 4th of June 2024 | PairCorr |
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| 0.42 | EYPT | Eyepoint Pharmaceuticals Earnings Call This Week | PairCorr |
ICON 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. 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.
| Chairman of the Board | Thomas Lynch | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Life Sciences Tools & Services, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Composite, NASDAQ Composite Total, NASDAQ Health Care, Health Care, Life Sciences Tools & Services, Diagnostics & Research, Healthcare (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 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 consensus assessment is calculated by taking the average forecast from all of the analysts covering ICON PLC. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from ICON PLC's historical financial statements, ICON PLC may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of ICON PLC is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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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.
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ICON PLC (ICLR) is traded on NASDAQ Exchange in USA. It is located in South County Business Park, Dublin, Ireland, D18 X5R3 and employs 41,100 people. ICON PLC is listed under Life Sciences Tools & Services category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 25.28 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 those looking for more risk prefer small-cap and mid-cap equities. ICON PLC conducts business under Life Sciences Tools & Services sector and is part of Health Care industry. The entity has 82.5 M outstanding shares of which 1.39 M shares are currently shorted by private and institutional investors with about 2.83 trading days to cover.
ICON PLC currently holds about 616.63 M in cash with 1.16 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.56.
Check ICON PLC Probability Of Bankruptcy
Ownership AllocationICON PLC secures a total of 82.5 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 is 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.
Check ICON Ownership Details
ICON Stock Price Odds Analysis
In regard to a normal probability distribution, the odds of ICON PLC jumping above the current price in 90 days from now is about 42.42%. 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 1.6742. 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, iCON PLC has an alpha of 0.1176, implying that it can generate a 0.12 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of ICON PLC to move above the current price in 90 days from now is about 42.42 (This ICON PLC probability density function shows the probability of ICON Stock to fall within a particular range of prices over 90 days) .
ICON Stock Institutional Holders
Institutional Holdings refers to the ownership stake in ICON PLC that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of ICON PLC's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing ICON PLC's value.| Instituion | Recorded On | Shares | |
| Comgest Global Investors Sas | 2023-12-31 | 1.5 M | |
| Alliancebernstein L.p. | 2023-12-31 | 1.5 M | |
| T. Rowe Price Associates, Inc. | 2023-12-31 | 1.5 M | |
| Citadel Advisors Llc | 2023-09-30 | 1.5 M | |
| Goldman Sachs Group Inc | 2023-12-31 | 1.5 M | |
| American Century Companies Inc | 2023-12-31 | 1.4 M | |
| Clearbridge Advisors, Llc | 2023-12-31 | 1.3 M | |
| Sustainable Growth Advisers, Lp | 2023-12-31 | 1.3 M | |
| Polen Capital | 2023-12-31 | 1.2 M | |
| Wcm Investment Management | 2023-12-31 | 6.9 M | |
| Massachusetts Financial Services Company | 2023-12-31 | 5.5 M |
ICON PLC Historical Income Statement
ICON PLC Income Statement is one of the three primary financial statements used for reporting ICON'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.
At this time, ICON PLC's Net Income is relatively stable compared to the past year. As of 04/24/2024, Depreciation And Amortization is likely to grow to about 658.9 M, though Total Other Income Expense Net is likely to grow to (412.5 M). View More FundamentalsICON 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. Please also check how ICON PLC's historical prices are related to one of the top price index indicators.
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 the 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.Did you try this?
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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 Director | Profile | |
| William Hall | Non-Executive Director | Profile | |
| Julie ONeill | Non-Executive Director | Profile | |
| Hugh Brady | Non-Executive Director | Profile |
How to buy ICON Stock?
Before investing in ICON PLC, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in ICON PLC. To buy ICON PLC stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of ICON PLC. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase ICON PLC stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located ICON PLC stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased ICON PLC stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as ICON PLC, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. 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. For more information on how to buy ICON Stock please use our How to Invest in ICON PLC guide.
Already Invested 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 Sharpe 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.
When determining whether ICON PLC is a strong investment it is important to analyze ICON PLC's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ICON PLC's future performance. For an informed investment choice regarding ICON Stock, refer to the following important reports: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ICON PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in ICON Stock, please use our How to Invest in ICON PLC guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary 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.
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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 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 0.816 | Earnings Share 7.41 | Revenue Per Share 98.904 | Quarterly Revenue Growth 0.053 | Return On Assets 0.0383 |
The market value of ICON PLC is measured differently than its book value, which is the value of ICON 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 if ICON PLC is a good investment 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.