ICON PLC Stock Performance

Stocks . USA . 
Stock . ICON PLC
ICLR Stock  USD 211.04  0.00  0.00%   
ICON PLC has a performance score of 5 on a scale of 0 to 100. The firm retains a Market Volatility (i.e., Beta) of 1.3915, which attests to a somewhat significant risk relative to the market. Let's try to break down what ICON PLC's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, ICON PLC will likely underperform. Although it is important to respect ICON PLC current price history, it is better to be realistic regarding the information on the equity's current price movements. The way of determining future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By examining ICON PLC technical indicators, you can today evaluate if the expected return of 0.15% will be sustainable into the future. ICON PLC now retains a risk of 1.99%. Please check out ICON PLC maximum drawdown, as well as the relationship between the expected short fall and day median price to decide if ICON PLC will be following its current trending patterns.
  

ICON PLC Performance

5 of 100

Compared to the overall equity markets, risk-adjusted returns on investments in ICON PLC are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. Even with relatively inconsistent essential indicators, ICON PLC may actually be approaching a critical reversion point that can send shares even higher in April 2023. ...more

Structure and Payout Changes

Last Split Factor
2:1
Last Split Date
2008-08-13
1
Other01/03/2023
2
ICON Public Updates FY 2022 Earnings Guidance01/10/2023
3
ICON plc Schedules Fourth Quarter 2022 Earnings Conference C...01/26/2023
4
IN BRIEF N Brown associate of non-exec buys 750000 shares - ...02/03/2023
5
Unclassified Event02/06/2023
6
Hopeful Golden Cross Forms On Icons Chart02/08/2023
7
Should You Consider Adding ICON Public Limited Company to Yo...02/14/2023
8
Icon PLC Surpasses Q4 Earnings and Revenue Estimates02/23/2023
9
ICON plc to Present at Upcoming Investor Conferences02/27/2023
10
Rare Hemophilia Factor VII Is Anticipated to Hold a Signific...03/08/2023
11
Walgreens to Report Q2 Earnings Whats in the Cards03/20/2023
Begin Period Cash Flow752.2 M

ICON PLC Relative Risk vs. Return Landscape

If you would invest  19,485  in ICON PLC on December 23, 2022 and sell it today you would earn a total of  1,618  from holding ICON PLC or generate 8.31% return on investment over 90 days. ICON PLC is currently generating 0.1523% in daily expected returns and assumes 1.9899% risk (volatility on return distribution) over the 90 days horizon. In different words, 17% of stocks are less volatile than ICON PLC, and 98% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Daily Expected Return (%)  
       Risk (%)  
Given the investment horizon of 90 days ICON PLC is expected to generate 2.07 times more return on investment than the market. However, the company is 2.07 times more volatile than its market benchmark. It trades about 0.08 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly -0.05 per unit of risk.

ICON PLC Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for ICON PLC's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ICON PLC, and traders can use it to determine the average amount a ICON PLC's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0765

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskICLRHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 1.99
  actual daily
 17 
83% of assets are more volatile
1717

Expected Return

 0.15
  actual daily
 2 
98% of assets have higher returns
22

Risk-Adjusted Return

 0.08
  actual daily
 5 
95% of assets perform better
55
Based on monthly moving average ICON PLC is performing at about 5% 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.

ICON PLC Fundamentals Growth

ICON PLC Stock prices reflect investors' perceptions of the future prospects and financial health of ICON PLC, and ICON PLC fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on ICON PLC Stock performance.
Return On Equity0.06 %
Return On Asset0.0313 %
Profit Margin0.07 %
Current Valuation20.27 B
Shares Outstanding81.72 M
Price to Earning33.93 X
Price to Book1.93 X
Price to Sales2.03 X
Revenue7.74 B
Gross Profit2.22 B
EBITDA1.36 B
Net Income505.3 M
Cash and Equivalents616.63 M
Cash per Share7.56 X
Total Debt4.6 B
Debt to Equity0.64 %
Current Ratio1.18 X
Book Value Per Share103.98 X
Cash Flow from Operations563.32 M
Earnings Per Share6.09 X
Market Capitalization17.9 B
Total Asset17.19 B
Retained Earnings947.2 M
Working Capital72.92 M
Current Asset130.22 M
Current Liabilities57.3 M

About ICON PLC Performance

To evaluate ICON PLC Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when ICON PLC generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare ICON PLC Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand ICON PLC market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents ICON PLC's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2023
Effect of Exchange Rate Changes on Cash-16.7 M-17.2 M
Return on Average Assets 0.03  0.0308 
Return on Average Equity 0.06  0.06 
Return on Invested Capital 0.14  0.14 
Return on Sales 0.10  0.13 

Things to note about ICON PLC performance evaluation

Checking the ongoing alerts about ICON PLC for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ICON PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
ICON PLC has a strong financial position based on the latest SEC filings
Over 98.0% of the company shares are owned by institutional investors
Latest headline from zacks.com: Walgreens to Report Q2 Earnings Whats in the Cards
Evaluating ICON PLC's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate ICON PLC's stock performance include:
  • Analyzing ICON PLC's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether ICON PLC's stock is overvalued or undervalued compared to its peers.
  • Examining ICON PLC's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating ICON PLC's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ICON PLC's management team can help you assess the company's leadership.
  • Pay attention to analyst opinions and ratings of ICON PLC's stock. These opinions can provide insight into ICON PLC's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating ICON PLC's stock performance is not an exact science, and many factors can impact ICON PLC's stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
Check out Risk vs Return Analysis. To learn how to invest in ICON PLC Stock please use our How to Invest in ICON PLC guide. You can also try Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Complementary Tools for analysis

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.
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Global Correlations
Find global opportunities by holding instruments from different markets
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Fund Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Bond Directory
Find actively traded corporate debentures issued by US companies
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
0.555
Earnings Share
6.09
Revenue Per Share
94.949
Quarterly Revenue Growth
0.041
Return On Assets
0.0313
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.
Altman
Z Score
Details
Piotroski
F Score
Details
Beneish
M Score
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Technical
Analysis
Details
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.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2023 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY