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 maximum price target given was 117, which equates to a potential upside of 17.68 percent. The most pessimistic analyst gave a price target of 85, which equates to a potential downside 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. Over the past 30 days, FY earnings estimates have also changed upwards by 0.19 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.27 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

ICLR has an estimated earnings growth rate of 7.51 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. 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. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. ICLR has a PEG ratio of 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 market cap of ICLR is $5.32 billion. ICLR is estimated to release their earnings results for the quarter on 0000-00-00, days from today.