Wall Street analysts expect Israel Chemicals Shs (NYSE:ICL) to report $0.08 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Zero analysts have issued estimates for Israel Chemicals Shs’ earnings, with the lowest EPS estimate coming in at $0.07 and the highest estimate coming in at $0.09. Israel Chemicals Shs reported earnings of $0.09 per share in the same quarter last year, which would suggest a negative year-over-year growth rate of 11.1%. The firm is scheduled to announce its next quarterly earnings results on Wednesday, February 21st.

On average, analysts expect that Israel Chemicals Shs will report full year earnings of $0.27 per share for the current financial year, with EPS estimates ranging from $0.26 to $0.28. For the next financial year, analysts anticipate that the company will post earnings of $0.34 per share, with EPS estimates ranging from $0.32 to $0.35. Zacks’ earnings per share averages are a mean average based on a survey of research firms that follow Israel Chemicals Shs.

Israel Chemicals Shs (NYSE:ICL) last released its quarterly earnings results on Wednesday, November 8th. The basic materials company reported $0.09 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.08 by $0.01. Israel Chemicals Shs had a net margin of 4.47% and a return on equity of 13.20%. The firm had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.41 billion. During the same quarter in the previous year, the firm posted $0.09 EPS. The firm’s quarterly revenue was up 4.1% on a year-over-year basis.

Several research firms recently issued reports on ICL. BMO Capital Markets reaffirmed a “hold” rating on shares of Israel Chemicals Shs in a research note on Friday, October 6th. ValuEngine downgraded shares of Israel Chemicals Shs from a “buy” rating to a “hold” rating in a research note on Friday, August 11th. BidaskClub downgraded shares of Israel Chemicals Shs from a “buy” rating to a “hold” rating in a research note on Friday, August 11th. Finally, Zacks Investment Research downgraded shares of Israel Chemicals Shs from a “hold” rating to a “sell” rating in a research note on Tuesday. One investment analyst has rated the stock with a sell rating and four have given a hold rating to the company. The company currently has an average rating of “Hold” and an average price target of $4.88.

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A number of hedge funds have recently made changes to their positions in the business. Caisse DE Depot ET Placement DU Quebec grew its holdings in Israel Chemicals Shs by 2.0% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,103,417 shares of the basic materials company’s stock worth $4,918,000 after acquiring an additional 21,486 shares in the last quarter. Commonwealth Bank of Australia grew its holdings in Israel Chemicals Shs by 18.6% during the 3rd quarter. Commonwealth Bank of Australia now owns 411,945 shares of the basic materials company’s stock worth $1,826,000 after acquiring an additional 64,613 shares in the last quarter. Citadel Advisors LLC acquired a new position in Israel Chemicals Shs during the 3rd quarter worth $214,000. JPMorgan Chase & Co. grew its holdings in Israel Chemicals Shs by 516.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 168,346 shares of the basic materials company’s stock worth $748,000 after acquiring an additional 141,059 shares in the last quarter. Finally, Russell Investments Group Ltd. grew its holdings in Israel Chemicals Shs by 117.2% during the 3rd quarter. Russell Investments Group Ltd. now owns 88,128 shares of the basic materials company’s stock worth $390,000 after acquiring an additional 47,562 shares in the last quarter. 6.05% of the stock is owned by institutional investors.

Israel Chemicals Shs (ICL) traded up $0.05 during trading on Friday, reaching $3.93. 304,049 shares of the company traded hands, compared to its average volume of 215,588. Israel Chemicals Shs has a 12-month low of $3.70 and a 12-month high of $4.95. The stock has a market cap of $4,950.00, a P/E ratio of 13.86 and a beta of 1.05. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.24 and a quick ratio of 0.70.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 20th. Shareholders of record on Tuesday, December 5th will be issued a dividend of $0.044 per share. This is a positive change from Israel Chemicals Shs’s previous quarterly dividend of $0.02. This represents a $0.18 annualized dividend and a yield of 4.48%. The ex-dividend date of this dividend is Tuesday, December 5th. Israel Chemicals Shs’s dividend payout ratio (DPR) is currently -100.00%.

Israel Chemicals Shs Company Profile

Israel Chemicals Ltd. operates as a specialty minerals company worldwide. The company operates through two segments, Essential Minerals and Specialty Solutions. The company extracts potash from the Dead Sea; mines and produces potash and salt from subterranean mines in Spain and the United Kingdom, as well as uses part of the potash to produce compound fertilizers; mines and processes phosphate rock in open mines; and produces sulfuric acid, agricultural phosphoric acid, phosphate fertilizers, compound fertilizers, liquid fertilizers, and soluble fertilizers.

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