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 analyst gave a price target of 117, which equates to a potential upside of 17.68 percent. The lowest price target was 85, implying potential capital losses of -14.5 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. 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. 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 made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
The growth rate of ICLR's earnings is estimated by analysts to be 7.51 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. ICLR has a PEG ratio of 2.74.
ICLR has a 52-week high of 101.40 and a 52-week 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.