Icon Plc (ICLR) kicked off at the price of $226.42: Venture capitalists have an exciting new opportunity

A new trading day began on Tuesday, with Icon Plc (NASDAQ: ICLR) stock price up 3.48% from the previous day of trading, before settling in for the closing price of $218.80. ICLR’s price has ranged from $217.67 to $347.72 over the past 52 weeks.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

During the last 5-year period, the sales growth of Healthcare Sector giant was 29.97%. Meanwhile, its annual earnings per share averaged 9.38%. With a float of $81.84 million, this company’s outstanding shares have now reached $82.50 million.

Let’s determine the extent of company efficiency that accounts for 41100 employees. In terms of profitability, gross margin is 24.18%, operating margin of 13.67%, and the pretax margin is 9.71%.

Icon Plc (ICLR) Breakdown of a Key Holders of the stock

As we move forward, let’s examine how large-scale investors are investing in this stock of the Diagnostics & Research Industry. The insider ownership of Icon Plc is 0.87%, while institutional ownership is 96.46%. The most recent insider transaction that took place on Aug 26 ’24, was worth 3,794,380. Before that another transaction happened on Jul 30 ’24, when Company’s Officer proposed sale 5,969 for $330.42, making the entire transaction worth $1,972,304.

Icon Plc (ICLR) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 9.38% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.00% during the next five years compared to 4.42% growth over the previous five years of trading.

Icon Plc (NASDAQ: ICLR) Trading Performance Indicators

Here are Icon Plc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.34. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.25. Likewise, its price to free cash flow for the trailing twelve months is 15.22.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.98, a number that is poised to hit 3.43 in the next quarter and is forecasted to reach 15.11 in one year’s time.

Technical Analysis of Icon Plc (ICLR)

Looking closely at Icon Plc (NASDAQ: ICLR), its last 5-days average volume was 1.68 million, which is a jump from its year-to-date volume of 0.66 million. As of the previous 9 days, the stock’s Stochastic %D was 12.49%. Additionally, its Average True Range was 10.63.

During the past 100 days, Icon Plc’s (ICLR) raw stochastic average was set at 6.73%, which indicates a significant decrease from 10.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 100.41% in the past 14 days, which was higher than the 47.09% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $284.09, while its 200-day Moving Average is $306.04. However, in the short run, Icon Plc’s stock first resistance to watch stands at $230.05. Second resistance stands at $233.68. The third major resistance level sits at $239.42. If the price goes on to break the first support level at $220.68, it is likely to go to the next support level at $214.94. Now, if the price goes above the second support level, the third support stands at $211.31.

Icon Plc (NASDAQ: ICLR) Key Stats

With a market capitalization of 18.69 billion, the company has a total of 82,495K Shares Outstanding. Currently, annual sales are 8,120 M while annual income is 612,340 K. The company’s previous quarter sales were 2,030 M while its latest quarter income was 197,130 K.