Icon Plc (ICLR) Stock Forecast & Predictions

Icon Plc ICLR: $271.035

South County Business Park, Dublin 18, Dublin, Ireland. | Sector: Professional, Scientific, and Technical Services | Exchange: NASDAQ | Web: www.iconplc.com

  • Market Cap$22.53B
  • Change (52 Weeks)54.55%
  • Low (52 Weeks)$168.76
  • Icon Plc (ICLR) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 31.25% are on Buy, 25.00% on Sell, and 43.75% Neutral.

    According to the market data, Icon Plc (ICLR) stock price is $271.035 and the 52 weeks low is $168.76, which means the Icon Plc stock price is up 54.55% in the last 12 months.

    Icon Plc (ICLR) Stock Price has been Trending Strongly with an ADX reading of 30.11 as per the Weekly Chart.

    A Upward trend indicates that Icon Plc (ICLR) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 31.25% are indicating that ICLR Stock price might rise further, 25.00% indicating that ICLR Stock price might fall, and 43.75% are in a neutral position.

    Based on these technical algorithms, overall ICLR stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Icon Plc (ICLR) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Icon Plc (ICLR) is based on 22 Institutional Analyst Ratings where 36.36% are on Strong Buy, 31.82% on Moderate Buy, 31.82% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 22 Institutional Analysts, majority recommended ICLR stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Icon Plc.

    Icon Plc (ICLR) Stock Price Prediction By Analysts


    HighLowAverage
    $317.10$227.25$260.34
    $260.343.95% Downside
    Updated: 2021-09-19 00:00:00

    The Average Price target for ICLR set by the institutional analysts is $260.34 where High Estimate is $317.10, Median $255 and Low $227.25.

    The average price target for ICLR by Institutional Analysts is $260.34, which is 3.95% Downside from the current price. So according to the Institutional Analysts, ICLR Stock might be a bit overvalued at this stage and there’s potential for downside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Icon Plc (ICLR) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 479,658 investor portfolio.

    Our algorithm has analysed 479,658 investor portfolio with ICLR stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about ICLR and holding their positions hoping for a further rise in the stock price and more profit.

    Icon Plc (ICLR) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    JP MorganOverweightUpgraded
    JefferiesBuyMaintained
    Deutsche BankHoldMaintained
    Wells FargoOverweightMaintained
    CitigroupBuyUpgraded
    Credit SuisseOutperformMaintained
    MizuhoBuyMaintained
    JefferiesBuyMaintained
    Credit SuisseOutperformMaintained
    Wells FargoOverweightUpgraded
    BairdOutperformUpgraded
    BarclaysEqual-WeightInitiated
    UBSBuyUpgraded
    Truist SecuritiesBuyUpgraded
    Deutsche BankHoldMaintained
    Truist SecuritiesHoldMaintained
    MizuhoBuyMaintained
    Credit SuisseOutperformMaintained
    UBSNeutralMaintained
    MizuhoBuyMaintained
    Deutsche BankHoldMaintained
    JefferiesBuyMaintained
    B of A SecuritiesNeutralDowngraded
    Credit SuisseOutperformMaintained
    Deutsche BankHoldMaintained
    BairdNeutralMaintained
    Credit SuisseOutperformMaintained
    BarclaysOverweightMaintained
    BairdNeutralDowngraded
    CitigroupNeutralMaintained
    Wells FargoEqual-WeightMaintained
    BarclaysOverweightUpgraded
    JefferiesBuyMaintained
    SunTrust Robinson HumphreyHoldMaintained
    Deutsche BankHoldInitiated
    UBSNeutralMaintained
    MizuhoBuyReiterated
    BarclaysEqual-WeightMaintained
    SunTrust Robinson HumphreyHoldDowngraded
    Wells FargoEqual-WeightInitiated
    CitigroupNeutralInitiated
    UBSNeutralMaintained
    KeyBancSector WeightDowngraded
    KeyBancOverweightMaintained
    UBSNeutralUpgraded
    MizuhoBuyMaintained
    BarclaysEqual-WeightMaintained
    BarclaysEqual-WeightMaintained
    MizuhoBuyUpgraded
    Evercore ISI GroupOutperformUpgraded
    KeyBancOverweightMaintained
    BairdOutperformMaintained
    Credit SuisseOutperformMaintained
    KeyBancOverweightMaintained
    Evercore ISI GroupIn-LineDowngraded
    Evercore ISI GroupOutperformInitiated
    KeyBancOverweightMaintained
    BarclaysEqual-WeightMaintained
    JefferiesBuyMaintained
    Bank of AmericaBuyInitiated
    SunTrust Robinson HumphreyBuyUpgraded
    JefferiesBuyUpgraded
    SunTrust Robinson HumphreyHoldDowngraded
    Goldman SachsBuyUpgraded
    Evercore ISI GroupBuyUpgraded
    JefferiesHoldMaintained
    Credit SuisseOutperformInitiated
    Avondale PartnersMarket UnderperformDowngraded
    JefferiesHoldDowngraded
    Avondale PartnersMarket PerformInitiated
    KeyBancOverweightMaintained
    SunTrust Robinson HumphreyBuyMaintained
    BarclaysEqual-WeightMaintained
    SunTrust Robinson HumphreyBuyMaintained
    JefferiesBuyMaintained
    JefferiesBuyMaintained
    ISI GroupNeutralDowngraded
    Credit SuisseOutperformMaintained
    SunTrust Robinson HumphreyBuyMaintained
    BarclaysOverweightMaintained
    Credit SuisseOutperformMaintained
    DA DavidsonOutperformUpgraded
    Credit SuisseOutperformInitiated
    ISI GroupStrong BuyUpgraded
    Raymond JamesOutperformDowngraded
    UBSBuyInitiated
    Sterne AgeeNeutralInitiated
    JefferiesBuyMaintained
    Raymond JamesStrong BuyUpgraded
    ISI GroupBuyMaintained
    JP MorganNeutralMaintained
    BarclaysOverweightMaintained
    Sterne AgeeNeutralMaintained
    BarclaysOverweightMaintained
    Raymond JamesMarket PerformDowngraded
    JefferiesBuyMaintained
    ISI GroupOverweightMaintained
    BairdOutperformUpgraded
    JefferiesBuyUpgraded
    ISI GroupOverweightInitiated
    JefferiesHoldMaintained
    Sterne AgeeNeutralUpgraded

    Icon Plc (ICLR) Stock Earning Per Share (EPS) Forecast / Estimate


    $2.546
    The average consensus EPS for ICLR is $2.546 with a high estimate of $2.821 and Low of $2.009 for the period 2021-12-31 and based on 16 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $2.27$2.13322800000000032021-06-30


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$2.4283652021-09-30
    $2.27$2.13322800000000032021-06-30
    $2.06$2.00667662021-03-31
    $1.9$1.87106762020-12-31
    $1.72$1.56397622020-09-30
    $1.2$1.12655942020-06-30
    $1.7$1.71659882020-03-31
    $1.83$1.86830342019-12-31
    $1.74$1.77605462019-09-30
    $1.69$1.71407940000000012019-06-30
    $1.63$1.63294862019-03-31
    $1.62$1.63622279999999992018-12-31
    $1.54$1.56807662018-09-30
    $1.51$1.50866162018-06-30
    $1.42$1.44899162018-03-31
    $1.43$1.44337142017-12-31
    $1.35$1.34494142017-09-30
    $1.31$1.32352140000000022017-06-30
    $1.29$1.29991862017-03-31
    $1.26$1.2868322016-12-31
    $1.19$1.20345720000000012016-09-30
    $1.14$1.159742016-06-30
    $1.12$1.1361272016-03-31
    $1.11$1.12491722015-12-31
    $1.02$1.02807840000000032015-09-30
    $0.95$0.909332015-06-30
    $0.86$0.83749140000000012015-03-31
    $0.87$0.77690342014-12-31
    $0.79$0.71472422014-09-30
    $0.64$0.58905000000000012014-06-30
    $0.57$0.5087252014-03-31
    $0.53$0.4592013-12-31
    $0.45$0.41662922013-09-30
    $0.43$0.385052013-06-30
    $0.36$0.344015399999999972013-03-31
    $0.34$0.33152012-12-31
    $0.29$0.274614600000000042012-09-30
    $0.21$0.21969782012-06-30
    $0.15$0.15384662012-03-31
    $0.07$0.086700000000000012011-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).