With 1.94 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.34 million shares. The 52-week range on ICLR shows that it touched its highest point at $347.72 and its lowest point at $133.28 during that stretch. It currently has a 1-year price target of $184.19. Beta for the stock currently stands at 1.23.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ICLR was down-trending over the past week, with a drop of -9.52%, but this was down by -12.11% over a month. Three-month performance dropped to -30.10% while six-month performance fell -39.17%. The stock lost -55.13% in the past year, while it has lost -35.58% so far this year. A look at the trailing 12-month EPS for ICLR yields 9.19 with Next year EPS estimates of 14.52. For the next quarter, that number is 3.20. This implies an EPS growth rate of -4.94% for this year and 9.08% for next year. EPS is expected to grow by 4.71% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 6.54%.
Float and Shares Shorts:
At present, 80.76 million ICLR shares are outstanding with a float of 80.19 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ICLR since 8 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $14.0981 being high and $13.94812 being low. For ICLR, this leads to a yearly average estimate of $13.98811.
