Icon PLC (ICLR) stock price rose 4.17% to $145.54 on Jun 10, up from its previous close of $139.71. The stock is 58.14% below its 52-week high of $347.72 and 16.34% above its 52-week low of $125.10. Based on 15 analysts' one-year price targets, the average target price is $179.67, indicating a 23.45% upside from the current price. The estimated GF Value is $249.01, suggesting a 71.09% upside from the current price.
ICON PLC (ICLR) stock price rose 4.17% to $145.54 on June 10, up from its previous close of $139.71. The stock is currently trading 58.14% below its 52-week high of $347.72 and 16.34% above its 52-week low of $125.10. According to 15 analysts' one-year price targets, the average target price is $179.67, indicating a 23.45% upside from the current price. The estimated GF Value is $249.01, suggesting a 71.09% upside from the current price.
Recent Performance and Technical Indicators
On Wednesday, June 11, 2025, the ICON PLC stock gained 0.560%, rising from $144.73 to $145.54. This marks the fourth consecutive day of price increase, with the stock fluctuating 3.40% from a day low of $144.57 to a day high of $149.48. The stock has seen an upward trend over the past two weeks, with a 11.24% increase. The trading volume also increased significantly, with 586 thousand more shares traded than the day before, totaling 2 million shares traded for approximately $232.47 million.
Short-Term Outlook
Short-term signals are predominantly positive, with the stock holding buy signals from both short and long-term moving averages. The relation between these averages indicates a general buy signal, and there is a buy signal from the 3-month Moving Average Convergence Divergence (MACD). The support level is found at $145.21, and the stock is considered overbought on the RSI14, suggesting a potential correction in the near future. The recommended stop-loss is $140.23, with a medium risk level.
Long-Term Challenges
Despite the short-term gains, ICON PLC faces significant long-term challenges. The stock is down 54.75% over the past year and has a 1-year change of -54.75%. The company's market cap is $11.55 billion, with a book value per share of $117.65. The stock's P/E ratio is 15.69, and its return on assets is 4.5%. The estimated GF Value is $249.01, suggesting a substantial upside potential but also indicating a high-risk investment.
Conclusion
ICON PLC stock has shown signs of short-term recovery, with a series of consecutive gains and a positive trading volume. However, the long-term outlook remains challenging, with the stock significantly underperforming its peers and facing substantial risks. Investors should approach this stock with caution, considering the potential for both upside and downside risks.
References
[1] https://stockinvest.us/stock/ICLR
[2] https://au.investing.com/equities/icon-plc
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