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.
Many analysts weighed in on price targets for ICLR. The most optimistic price target was 117, implying a possible profit of 17.68 percent. The most pessimistic analyst gave a price target of 85, implying a possible loss of -14.5 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes 0.78 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.19 percent, as compared to a month ago. 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. 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, while 0 analysts decreased their estimates.
ICLR has an estimated earnings growth rate of 7.51 percent as forecasted by analysts. People on Wall Street often look at a company's 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, but many choose to perform ratio comparisons with other companies in the industry. ICLR has a PEG ratio of 2.74.
ICLR has traded between a high of 101.40 and a low of 73.76 over the past year. Today's price is 34.79 percent above the 52-week 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.