Icon Plc Stock Price on November 1, 2023

ICLR Stock  USD 329.50  0.41  0.12%   
Below is the normalized historical share price chart for ICON PLC extending back to May 15, 1998. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of ICON PLC stands at 329.50, as last reported on the 28th of March, with the highest price reaching 335.98 and the lowest price hitting 329.28 during the day.
IPO Date
15th of May 1998
200 Day MA
264.8881
50 Day MA
298.3138
Beta
1.145
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in ICON Stock, it is important to understand the factors that can impact its price. ICON PLC appears to be very steady, given 3 months investment horizon. ICON PLC holds Efficiency (Sharpe) Ratio of 0.13, which attests that the company had a 0.13% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for ICON PLC, which you can use to evaluate the volatility of the entity. Please utilize ICON PLC's market risk adjusted performance of 0.3017, and Semi Deviation of 1.27 to validate if our risk estimates are consistent with your expectations.
  
At this time, ICON PLC's Total Stockholder Equity is relatively stable compared to the past year. As of 03/28/2024, Liabilities And Stockholders Equity is likely to grow to about 17.8 B, while Common Stock is likely to drop slightly above 4 M. . At this time, ICON PLC's Price Earnings Ratio is relatively stable compared to the past year. As of 03/28/2024, Price Earnings To Growth Ratio is likely to grow to 1.96, while Price To Sales Ratio is likely to drop 1.46. ICON Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.132

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Estimated Market Risk

 2.04
  actual daily
18
82% of assets are more volatile

Expected Return

 0.27
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.13
  actual daily
10
90% of assets perform better
Based on monthly moving average ICON PLC is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ICON PLC by adding it to a well-diversified portfolio.
Price Book
2.9473
Enterprise Value Ebitda
20.2396
Price Sales
3.3516
Shares Float
81.3 M
Wall Street Target Price
350

ICON PLC Valuation on November 1, 2023

It is possible to determine the worth of ICON PLC on a given historical date. On November 1, 2023 ICON was worth 244.1 at the beginning of the trading date compared to the closed value of 250.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ICON PLC stock. Still, in general, we apply an absolute valuation method to find ICON PLC's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of ICON PLC where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ICON PLC's related companies.
 Open High Low Close Volume
  238.14    245.62    237.89    243.96    760,600  
11/01/2023
  244.10    250.92    238.17    250.00    603,940  
  251.94    255.45    250.44    253.50    509,300  
Backtest ICON PLC  |  ICON PLC History  |  ICON PLC Valuation   PreviousNext  
Open Value
244.1
237.98
Downside
250.0
Closing Value
250.22
Upside

ICON PLC Trading Date Momentum on November 1, 2023

On November 02 2023 ICON PLC was traded for  253.50  at the closing time. The top price for the day was 255.45  and the lowest listed price was  250.44 . The trading volume for the day was 509.3 K. The trading history from November 2, 2023 was a factor to the next trading day price gain. The trading delta at closing time against the next closing price was 1.40% . The trading delta at closing time against the current closing price is 1.88% .

ICON PLC Fundamentals Correlations and Trends

By evaluating ICON PLC's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ICON PLC's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ICON financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About ICON PLC Stock history

ICON PLC investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for ICON is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ICON PLC will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing ICON PLC stock prices may prove useful in developing a viable investing in ICON PLC
Last ReportedProjected for 2024
Common Stock Shares Outstanding82.7 M47.6 M
Net Income Applicable To Common Shares581.1 M610.2 M

ICON PLC Quarterly Net Working Capital

585.86 Million

ICON PLC Stock Technical Analysis

ICON PLC technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of ICON PLC technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ICON PLC trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

ICON PLC Period Price Range

Low
November 1, 2023
High

 244.10 

  

 250.00 

5.902.42%

ICON PLC March 28, 2024 Market Strength

Market strength indicators help investors to evaluate how ICON PLC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ICON PLC shares will generate the highest return on investment. By undertsting and applying ICON PLC stock market strength indicators, traders can identify ICON PLC entry and exit signals to maximize returns

ICON PLC Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for ICON PLC's price direction in advance. Along with the technical and fundamental analysis of ICON Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ICON to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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
7.4
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.