Icon PLC (NASDAQ:ICLR) is scheduled to release its earnings data on Thursday, October 20th. Analysts expect Icon PLC to post earnings of $1.18 per share for the quarter. Icon PLC has set its FY16 guidance at $4.60-4.80 EPS.
Icon PLC (NASDAQ:ICLR) last posted its earnings results on Tuesday, July 26th. The company reported $1.14 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.14. The business earned $411 million during the quarter, compared to the consensus estimate of $409.97 million. Icon PLC had a return on equity of 29.89% and a net margin of 15.70%. Icon PLC’s revenue was up 5.6% on a year-over-year basis. During the same quarter last year, the company earned $0.95 EPS. On average, analysts expect Icon PLC to post $4.7 EPS for the current fiscal year and $5.3 EPS for the next fiscal year.
Icon PLC (NASDAQ:ICLR) opened at 77.30 on Tuesday. Icon PLC has a 52-week low of $62.31 and a 52-week high of $79.80. The company has a market cap of $4.29 billion, a P/E ratio of 17.87 and a beta of 0.66. The company’s 50 day moving average price is $76.70 and its 200 day moving average price is $72.33.
A number of analysts recently issued reports on the company. Evercore ISI raised Icon PLC from a “hold” rating to a “buy” rating and lifted their target price for the company from $81.50 to $89.00 in a research report on Friday. KeyCorp reissued a “buy” rating and set a $85.00 price target on shares of Icon PLC in a research report on Wednesday, July 27th. Jefferies Group boosted their price target on Icon PLC from $78.00 to $80.00 and gave the stock a “hold” rating in a research report on Wednesday, July 27th. Credit Suisse Group AG initiated coverage on Icon PLC in a research report on Monday, June 20th. They set an “outperform” rating and a $80.00 price target on the stock. Finally, Robert W. Baird reissued an “outperform” rating and set a $83.00 price target on shares of Icon PLC in a research report on Monday, June 27th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and six have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $80.25.
Several institutional investors have recently bought and sold shares of the stock. Invictus RG increased its position in Icon PLC by 2.2% in the second quarter. Invictus RG now owns 1,852 shares of the company’s stock valued at $130,000 after buying an additional 40 shares during the last quarter. J.Safra Asset Management Corp bought a new stake in shares of Icon PLC during the second quarter valued at about $150,000. Cubist Systematic Strategies LLC bought a new stake in shares of Icon PLC during the second quarter valued at about $166,000. BlackRock Japan Co. Ltd bought a new stake in shares of Icon PLC during the second quarter valued at about $169,000. Finally, Trexquant Investment LP bought a new stake in shares of Icon PLC during the second quarter valued at about $215,000. 93.73% of the stock is currently owned by institutional investors.
About Icon PLC