Analyst Ratings for Icon PLC (ICLR)Updated: 2017-07-26
Shares of Icon PLC (NASDAQ:ICLR) have received a consensus rating of Overweight from Wall Street analysts. A consensus rating of Overweight was previously issued for ICLR last month.
8 analysts declared ICLR a buy, 2 issued an overweight rating, 7 gave a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 1 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Several price targets were given for ICLR by the analysts covering the stock. The most optimistic price target was 117, implying a possible profit of 17.68 percent. The most pessimistic price target was 85, implying a possible loss of -14.5 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 0.78 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0.19 percent. If we look at the last 90 days instead, we find a net average change of 1.27 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.
ICLR has an estimated earnings growth rate of 7.51 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of ICLR is 2.74.
In the last 52-weeks, ICLR has achieved a high of 101.40 and a low of 73.76. Currently the stock is 34.79 percent higher than its low, and 1.95 percent below the high. ICLR has a price/earnings ratio of 20.61. Investors typically compare the P/E ratio to a company's peers in the industry. The ICLR value stock report compares ICLR to some of its peers using value stock charts. The stock has a market capitalization of $5.32 billion. ICLR's next earnings release will be on 0000-00-00, which is days away.