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.

ICLR was given price targets by several analysts. The most optimistic analyst gave a price target of 117, implying a possible profit of 17.68 percent. The most pessimistic analyst gave a price target of 85, implying potential capital losses of -14.5 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes 0.78 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0.19 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.27 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Over the same time period, 2 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.

Analysts estimate earnings of ICLR to grow at a rate of 7.51 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. 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 lower than its 52-week high. ICLR has a P/E 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.