ICON PLC Stock Target Price and Analyst Consensus

ICLR Stock  USD 214.25  1.49  0.70%   
The current analyst and expert consensus on ICON PLC is Strong Buy, with 12 strong buy opinions. The current projected ICON PLC target price consensus is 278.79 with 18 analyst opinions. Check out Macroaxis Advice on ICON PLC to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in ICON Stock, please use our How to Invest in ICON PLC guide.
The most common way ICON PLC analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview ICON PLC executives and customers to further validate their buy or sell advice. ICON PLC buy-or-sell recommendation module provides average expert sentiment on the projected ICON PLC target price to derive its highest and lowest estimates based on projected price volatility of 3.4359.
Lowest Forecast
253.7
Highest Forecast
309.46
Target Price
278.79
At this time, ICON PLC's Gross Profit is relatively stable compared to the past year. As of 11/22/2024, Pretax Profit Margin is likely to grow to 0.13, while Operating Profit Margin is likely to drop 0.1. At this time, ICON PLC's Retained Earnings are relatively stable compared to the past year. As of 11/22/2024, Accounts Payable is likely to grow to about 138.2 M, while Cash is likely to drop slightly above 216.9 M.
  
It's important to approach ICON PLC's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize ICON PLC price targets

ICON PLC's stock target price is an estimate of its future price, usually made by analysts. Using ICON PLC's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at ICON PLC's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if ICON PLC's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional ICON PLC Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of ICON PLC is a key component of ICON PLC valuation and have some predictive power on the future returns of a ICON PLC.
Hype
Prediction
LowEstimatedHigh
192.83219.61223.05
Details
Intrinsic
Valuation
LowRealHigh
192.83239.02242.46
Details
Naive
Forecast
LowNextHigh
221.40224.83228.27
Details
Earnings
Estimates (0)
LowProjected EPSHigh
3.453.493.51
Details

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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.