Key Factors to Evaluate Before Investing in ICON Public (ICLR)

By Ken Smith • Wednesday, September 25 15:09 • Permanent Link

We're taking a closer look at ICON Public today, as the chatter surrounding the stock has increased notably in the last few weeks. Today, its shares moved -4.6% compared to -0.0% for the S&P 500. Increased investor interest and volatility surrounding the stock are not reason enough to buy in -- you should first perform your own due diligence. Here are some figures that can get you started:

ICON Public Limited Company, a clinical research organization, provides outsourced development and commercialization services in Ireland, rest of Europe, the United States, and internationally.
ICON Public has moved 19.5% over the last year compared to 34.1% for the S&P 500 -- a difference of -14.6%
ICLR has an average analyst rating of buy and is -23.12% away from its mean target price of $367.75 per share
Its trailing 12 month earnings per share (EPS) is $8.6
ICON Public has a trailing 12 month Price to Earnings (P/E) ratio of 32.9 while the S&P 500 average is 28.21
Its forward earnings per share (EPS) is $17.19 and its forward P/E ratio is 16.4
ICLR has a Price to Earnings Growth (PEG) ratio of 1.36, which shows the company is fairly valued compared to its earnings.
The company has a Price to Book (P/B) ratio of 2.44 in contrast to the S&P 500's average ratio of 4.71
ICON Public is part of the Health Care sector, which has an average P/E ratio of 27.61 and an average P/B of 3.69
ICON Public has on average reported free cash flows of $562.92 Million over the last four years, during which time they have grown by an an average of -7.8%

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.