ICON Dividends Paid vs Stock Based Compensation Analysis

ICLR Stock  USD 210.25  2.59  1.22%   
ICON PLC financial indicator trend analysis is infinitely more than just investigating ICON PLC recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ICON PLC is a good investment. Please check the relationship between ICON PLC Dividends Paid and its Stock Based Compensation accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ICON PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
To learn how to invest in ICON Stock, please use our How to Invest in ICON PLC guide.

Dividends Paid vs Stock Based Compensation

Dividends Paid vs Stock Based Compensation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ICON PLC Dividends Paid account and Stock Based Compensation. At this time, the significance of the direction appears to have strong relationship.
The correlation between ICON PLC's Dividends Paid and Stock Based Compensation is 0.76. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of ICON PLC, assuming nothing else is changed. The correlation between historical values of ICON PLC's Dividends Paid and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividends Paid of ICON PLC are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Dividends Paid i.e., ICON PLC's Dividends Paid and Stock Based Compensation go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
Most indicators from ICON PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ICON PLC current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ICON PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
To learn how to invest in ICON Stock, please use our How to Invest in ICON PLC guide.At this time, ICON PLC's Selling General Administrative is relatively stable compared to the past year. As of 11/29/2024, Sales General And Administrative To Revenue is likely to grow to 0.22, while Enterprise Value Over EBITDA is likely to drop 8.93.
 2021 2022 2023 2024 (projected)
Gross Profit1.5B2.2B2.4B2.5B
Total Revenue5.5B7.7B8.1B8.5B

ICON PLC fundamental ratios Correlations

0.490.530.520.480.480.570.480.480.390.250.480.240.51-0.10.490.40.480.50.510.170.970.450.510.480.48
0.490.980.960.981.00.970.980.880.950.361.00.280.97-0.730.980.321.01.00.95-0.130.530.990.981.00.99
0.530.980.930.920.960.950.990.780.870.350.980.270.9-0.671.00.330.980.990.88-0.070.580.961.00.980.99
0.520.960.930.950.950.980.930.860.910.40.950.320.94-0.710.940.360.950.960.93-0.190.550.940.940.950.94
0.480.980.920.950.980.960.920.940.970.460.960.370.99-0.770.930.290.970.960.98-0.180.520.960.930.970.95
0.481.00.960.950.980.970.960.910.960.330.990.250.98-0.730.960.321.00.980.95-0.130.510.990.961.00.98
0.570.970.950.980.960.970.940.880.920.410.960.340.94-0.690.950.380.960.970.94-0.090.620.950.950.960.95
0.480.980.990.930.920.960.940.770.870.280.990.20.9-0.691.00.30.980.990.87-0.060.520.970.990.981.0
0.480.880.780.860.940.910.880.770.960.450.860.390.96-0.70.790.290.870.850.97-0.20.50.870.780.870.82
0.390.950.870.910.970.960.920.870.960.410.930.330.96-0.780.880.310.940.920.96-0.260.420.950.870.940.91
0.250.360.350.40.460.330.410.280.450.410.320.990.38-0.530.350.190.30.380.53-0.470.40.270.360.320.31
0.481.00.980.950.960.990.960.990.860.930.320.240.95-0.720.990.321.01.00.93-0.110.520.990.981.01.0
0.240.280.270.320.370.250.340.20.390.330.990.240.3-0.410.260.130.210.30.46-0.420.40.180.280.230.23
0.510.970.90.940.990.980.940.90.960.960.380.950.3-0.720.910.260.960.950.98-0.150.520.950.90.960.92
-0.1-0.73-0.67-0.71-0.77-0.73-0.69-0.69-0.7-0.78-0.53-0.72-0.41-0.72-0.7-0.43-0.72-0.73-0.750.5-0.15-0.72-0.69-0.72-0.71
0.490.981.00.940.930.960.951.00.790.880.350.990.260.91-0.70.320.980.990.89-0.110.550.971.00.981.0
0.40.320.330.360.290.320.380.30.290.310.190.320.130.26-0.430.320.320.320.29-0.220.410.310.330.310.32
0.481.00.980.950.971.00.960.980.870.940.31.00.210.96-0.720.980.320.990.93-0.110.511.00.971.00.99
0.51.00.990.960.960.980.970.990.850.920.381.00.30.95-0.730.990.320.990.93-0.130.540.980.990.991.0
0.510.950.880.930.980.950.940.870.970.960.530.930.460.98-0.750.890.290.930.93-0.230.550.920.880.930.9
0.17-0.13-0.07-0.19-0.18-0.13-0.09-0.06-0.2-0.26-0.47-0.11-0.42-0.150.5-0.11-0.22-0.11-0.13-0.230.14-0.11-0.1-0.11-0.1
0.970.530.580.550.520.510.620.520.50.420.40.520.40.52-0.150.550.410.510.540.550.140.480.560.510.52
0.450.990.960.940.960.990.950.970.870.950.270.990.180.95-0.720.970.311.00.980.92-0.110.480.961.00.99
0.510.981.00.940.930.960.950.990.780.870.360.980.280.9-0.691.00.330.970.990.88-0.10.560.960.980.99
0.481.00.980.950.971.00.960.980.870.940.321.00.230.96-0.720.980.311.00.990.93-0.110.511.00.980.99
0.480.990.990.940.950.980.951.00.820.910.311.00.230.92-0.711.00.320.991.00.9-0.10.520.990.990.99
Click cells to compare fundamentals

ICON PLC Account Relationship Matchups

ICON PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding54.3M53.3M68.1M82.5M82.7M47.6M
Total Assets2.9B3.5B17.4B17.2B17.0B17.8B
Short Long Term Debt Total454.6M433.6M5.6B4.8B3.9B4.1B
Other Current Liab362.3M360.9M899.7M961.4M879.0M922.9M
Total Current Liabilities1.1B1.1B2.5B2.7B2.8B3.0B
Total Stockholder Equity1.6B1.9B8.1B8.5B9.2B9.7B
Property Plant And Equipment Net270.1M192.9M534.6M504.2M501.5M526.6M
Net Debt(65.8M)(406.7M)4.8B4.5B3.6B3.7B
Retained Earnings1.1B1.4B1.4B1.8B2.4B2.6B
Accounts Payable24.1M51.1M90.8M81.2M131.6M138.2M
Cash520.3M840.3M752.2M288.8M378.1M216.9M
Non Current Assets Total1.3B1.4B14.4B14.0B13.6B14.3B
Cash And Short Term Investments569.9M842.0M753.9M290.5M380.1M261.1M
Net Receivables1.0B1.1B2.1B2.8B2.9B3.0B
Short Term Investments49.6M1.7M1.7M1.7M2.0M1.9M
Liabilities And Stockholders Equity2.9B3.5B17.4B17.2B17.0B17.8B
Non Current Liabilities Total158.2M446.6M6.8B6.0B4.9B5.2B
Other Current Assets41.5M117.0M114.3M137.1M132.1M79.8M
Other Stockholder Equity579.0M617.1M6.7B6.8B6.9B7.3B
Total Liab1.3B1.6B9.3B8.7B7.7B8.1B
Total Current Assets1.6B2.1B2.9B3.2B3.4B3.6B
Accumulated Other Comprehensive Income(75.8M)(13M)(90.9M)(171.5M)(142.3M)(135.2M)
Short Term Debt378.0M(498.3M)105.1M98.8M146.6M97.4M
Common Stock4.6M4.6M6.6M6.6M6.7M4.0M
Other Liab42.1M52.1M1.3B1.3B1.5B1.5B
Good Will883.2M936.3M9.0B9.0B9.0B9.5B
Intangible Assets67.9M66.5M4.7B4.3B3.9B4.0B
Property Plant Equipment270.1M258.9M534.6M504.2M579.8M608.8M
Current Deferred Revenue367.0M660.9M1.3B1.5B1.7B1.7B
Non Currrent Assets Other34.7M26.9M89.2M92.2M78.5M82.4M
Common Stock Total Equity4.7M4.7M4.6M4.6M5.3M3.8M
Inventory2.3M3.2M4.8M1.07.1M0.95
Property Plant And Equipment Gross270.1M258.9M534.6M329.4M921.4M967.5M
Other Assets51.4M50.7M137.6M169.1M194.5M204.2M
Net Tangible Assets667.0M847.5M(5.7B)(4.8B)(4.3B)(4.1B)
Long Term Investments10.1M20.3M25.0M32.6M46.8M49.1M

Pair Trading with ICON PLC

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ICON PLC position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ICON PLC will appreciate offsetting losses from the drop in the long position's value.

Moving together with ICON Stock

  0.7A Agilent Technologies Sell-off TrendPairCorr
  0.84ME 23Andme Holding Upward RallyPairCorr
  0.76VALN Valneva SE ADRPairCorr

Moving against ICON Stock

  0.8DRUG Bright Minds Biosciences TrendingPairCorr
  0.76VERA Vera TherapeuticsPairCorr
  0.74VCYT VeracytePairCorr
  0.56VCEL Vericel Corp OrdPairCorr
  0.54VANI Vivani MedicalPairCorr
The ability to find closely correlated positions to ICON PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ICON PLC when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ICON PLC - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ICON PLC to buy it.
The correlation of ICON PLC is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ICON PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ICON PLC moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ICON PLC can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for ICON Stock Analysis

When running ICON PLC's price analysis, check to measure ICON PLC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ICON PLC is operating at the current time. Most of ICON PLC's value examination focuses on studying past and present price action to predict the probability of ICON PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ICON PLC's price. Additionally, you may evaluate how the addition of ICON PLC to your portfolios can decrease your overall portfolio volatility.