Icon Plc Stock Analysis

ICON Stock Analysis Notes

About 99.0% of the company shares are owned by institutional investors. The book value of ICON PLC was currently reported as 112.02. The company has Price/Earnings To Growth (PEG) ratio of 1.17. ICON PLC recorded earning per share (EPS) of 7.41. The entity had not issued any dividends in recent years. The firm had 2:1 split on the 13th of August 2008. 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. ICON Plc operates under Diagnostics Research classification in the United States and is traded on NASDAQ Exchange. It employs 40500 people. To learn more about ICON PLC call Dr MBA at 353 1 291 2000 or check out https://www.iconplc.com.

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ICON Stock Institutional Investors

Note, although ICON PLC's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

ICON Market Capitalization

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 Profitablity

The company has Profit Margin (PM) of 0.08 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.14 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.14.

Management Efficiency

ICON PLC has return on total asset (ROA) of 0.0383 % which means that it generated a profit of $0.0383 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.069 %, meaning that it created $0.069 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 04/24/2024, 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 04/24/2024, Fixed Asset Turnover is likely to grow to 17.00, though Net Tangible Assets are likely to grow to (4.1 B).

Technical Drivers

As of the 24th of April, ICON PLC retains the market risk adjusted performance of 0.1655, and Semi Deviation of 1.08. 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. Simply put, you can use this information to find out if the entity will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to break down and interpolate nineteen technical drivers for ICON PLC, which can be compared to its competitors. Please check out ICON PLC standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if ICON PLC is priced fairly, providing market reflects its last-minute price of 309.44 per share. Given that ICON PLC has jensen alpha of 0.1176, 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 Price Movement Analysis

ICON PLC Predictive Daily Indicators

ICON PLC Corporate Filings

ICON PLC Forecast Models

ICON PLC's time-series forecasting models are one of many ICON PLC's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary ICON PLC's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how ICON PLC prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling ICON shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as ICON PLC. By using and applying ICON Stock analysis, traders can create a robust methodology for identifying ICON entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. ICON analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. ICON analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

ICON PLC stock analysis indicators help investors 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 understating and applying ICON PLC stock analysis, traders can identify ICON PLC position entry and exit signals to maximize returns.

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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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.

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.

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.