Icon (ICLR) to Release Quarterly Earnings on Thursday
Icon (NASDAQ:ICLR) is scheduled to be issuing its quarterly earnings data before the market opens on Thursday, February 15th. Analysts expect the company to announce earnings of $1.41 per share for the quarter.
Shares of Icon (NASDAQ ICLR) opened at $109.55 on Tuesday. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.90 and a quick ratio of 1.90. The firm has a market cap of $5,920.00, a PE ratio of 21.27, a price-to-earnings-growth ratio of 1.51 and a beta of 0.48. Icon has a 1 year low of $76.46 and a 1 year high of $124.48.
A hedge fund recently raised its stake in Icon stock. Vanguard Group Inc. lifted its holdings in shares of Icon Plc (NASDAQ:ICLR) by 19.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,545 shares of the medical research company’s stock after buying an additional 2,400 shares during the quarter. Vanguard Group Inc.’s holdings in Icon were worth $1,422,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 89.66% of the company’s stock.
ICON public limited company is a contract research organization (CRO), which is engaged in providing outsourced development services to the pharmaceutical, biotechnology and medical device industries. The Company is engaged in the strategic development, management and analysis of programs that support the various stages of the clinical development process, from compound selection to Phase I-IV clinical studies.
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