ICON Stock Analysis

ICLR Stock  USD 213.03  4.56  2.19%   
ICON PLC price fall over the last few months may raise some interest from retail investors. The stock closed today at a share price of 213.03 on 625,243 in trading volume. The company management teams were not very successful in positioning the entity resources to exploit market volatility in May. However, diversifying your holdings with ICON PLC or similar stocks can still protect your portfolio during high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 1.86. The below-average Stock volatility is a good sign for longer-term investment options and for buy-and-hold investors.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. To learn how to invest in ICON Stock, please use our How to Invest in ICON PLC guide.
The main objective of ICON PLC stock analysis is to determine its intrinsic value, which is an estimate of what ICON PLC is worth, separate from its market price. There are two main types of ICON PLC's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect ICON PLC's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of ICON PLC's stock to identify patterns and trends that may indicate its future price movements.
The ICON PLC stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. ICON PLC is usually not traded on Christmas Day, Thanksgiving Day, Christmas Day ( substitute day ), New Year 's Monday, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day, Veterans Day ( substitute day ). ICON Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and ICON PLC's ongoing operational relationships across important fundamental and technical indicators.

ICON Stock Analysis Notes

About 98.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 1.93. 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 0.33. The entity recorded earning per share (EPS) of 6.09. The firm had not issued any dividends in recent years. ICON PLC 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.

ICON PLC Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. ICON PLC's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding ICON PLC or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
ICON PLC generated a negative expected return over the last 90 days
ICON PLC is unlikely to experience financial distress in the next 2 years
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

ICON PLC Upcoming and Recent Events

Earnings reports are used by ICON PLC to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to ICON PLC 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.
26th of July 2023
Upcoming Quarterly Report
1st of November 2023
Next Financial Report
30th of June 2023
Next Fiscal Quarter End
28th of February 2024
Next Fiscal Year End
31st of March 2023
Last Quarter Report
31st of December 2022
Last Financial Announcement


SEC filings are important regulatory documents required of all public companies to provide to potential investors. ICON PLC prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that ICON PLC investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial ICON PLC specific information freely available to individual and institutional investors.to make a timely investment decision.
16th of May 2023
Other Events
28th of April 2023
Other Events
26th of April 2023
Other Events
29th of March 2023
Other Events
27th of February 2023
Other Events
22nd of February 2023
Other Events
10th of February 2023
Unclassified Corporate Event
8th of February 2023
Unclassified Corporate Event

ICON Stock 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.
Last TransactionTypeSharesValue
Massachusetts Financial Services Co2023-03-31Common Shares8.2 M1.7 B
Wcm Investment Management Llc2023-03-31Common Shares5.8 M1.2 B
Boston Partners2023-03-31Common Shares3.1 M655.7 M
Lazard Asset Management Llc2023-03-31Common SharesM636 M
Fmr Llc2023-03-31Common Shares2.9 M626.6 M
Wellington Management Group Llp2023-03-31Common Shares2.4 M504.6 M
Ninety One Uk Ltd2023-03-31Common Shares2.3 M484.1 M
Franklin Resources Inc2023-03-31Common Shares2.1 M457.4 M
Capital Research Global Investors2023-03-31Common Shares1.7 M372.2 M
Invesco Ltd2023-03-31Common Shares1.6 M334.4 M
Polen Capital Management Llc2023-03-31Common Shares1.5 M317.5 M
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 16.69 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

ICON PLC's profitability indicators refer to fundamental financial ratios that showcase ICON PLC's ability to generate income relative to its revenue or operating costs. If, let's say, ICON PLC is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, ICON PLC's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of ICON PLC's profitability requires more research than a typical breakdown of ICON PLC's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.07 %, 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 0.12 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.12.
Last ReportedProjected for 2023
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 

Technical Drivers

As of the 31st of May, ICON PLC retains the market risk adjusted performance of (0.09). 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 213.03 per share. Given that ICON PLC has jensen alpha of (0.040186), 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

The output start index for this execution was twenty-seven with a total number of output elements of thirty-four. The Triangular Moving Average shows ICON PLC double smoothed mean price over a specified number of previous prices (i.e., averaged twice).

ICON PLC Technical and Predictive Indicators

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.

About ICON Stock Analysis

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.
Last ReportedProjected for 2023
EBITDA Margin 0.18  0.19 
Gross Margin 0.29  0.30 
Profit Margin 0.07  0.08 

Current ICON Analysis - Recommendations

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.
Target PriceAdvice# of Analysts
260.4Strong Buy10Odds
ICON PLC current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most ICON analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand ICON stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of ICON PLC, talking to its executives and customers, or listening to ICON conference calls.
ICON Analyst Advice Details

ICON Stock Analysis Indicators

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.
Begin Period Cash Flow752.2 M
Common Stock Shares Outstanding82.5 M
Total Stockholder Equity8.5 B
Tax Provision59.4 M
Quarterly Earnings Growth Y O Y0.037
Property Plant And Equipment Net504.2 M
Cash And Short Term Investments290.5 M
Cash288.8 M
Accounts Payable81.2 M
Net Debt4.5 B
50 Day M A204.6452
Total Current Liabilities2.7 B
Other Operating Expenses6.9 B
Non Current Assets Total14 B
Forward Price Earnings15.625
Non Currrent Assets Other92.2 M
Stock Based Compensation70.5 M
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. To learn how to invest in ICON Stock, please use our How to Invest in ICON PLC guide. You can also try Money Managers module to screen money managers from public funds and ETFs managed around the world.

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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.
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. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. To learn how to invest in ICON Stock, please use our How to Invest in ICON PLC guide.