Check Out Insider Trades For ICL Group Ltd (ICL) Stock

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ICL Group Ltd (NYSE:ICL) saw a downside of -1.41% to $8.02 after subtracting -$0.12 on Wednesday. The 5-day average trading volume is 726,418 shares of the company’s common stock. It has gained $8.31 in the past week and touched a new high 3 times within the past 5 days. An average of 1,060,985 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,230,510.

ICL’s 1-month performance is 6.82% or $0.64 on its low of $7.09 reached on 01/05/23. The company’s shares have touched a 52-week low of $7.09 and high of $12.96, with the stock’s rally to the 52-week high happening on 01/18/23. YTD, ICL has achieved 11.35% or $0.71 and has reached a new high 5 times. However, the current price is down -38.08% from the 52-week high price.


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Valuation Metrics

Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.05 while the price-to-book (PB) in the most recent quarter is 1.97.

The trailing 12-month EBITDA margin is 24.36%. The firm’s gross profit as reported stood at $2.61 billion against revenue of $6.96 billion.

Earnings Surprise

For the quarterly period ending September 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 98.6% to $783.0 million, while revenue of $0.0 was 100.0% off the previous quarter. Analysts expected ICL to announce $0.45 per share in earnings in its latest quarter, but it posted $0.49, representing a 8.90% surprise. EBITDA for the quarter stood at more than $1.06 billion. ICL stock balance sheet for the quarter ending September 29 shows that total liabilities totaled 6.05 billion, with total debt at $2.77 billion.

Let’s look briefly at ICL Group Ltd (ICL) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 24 January was 59.81% to suggest the stock is trending Neutral, with historical volatility in this time period at 29.00%.

The stock’s 5-day moving average is $8.13, reflecting a -0.93% or -$0.08 change from its current price. ICL is currently trading +8.74% above its 20-day SMA, -16.14% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -5.81% and SMA200 by-32.96%.

Stochastic %K and %D was 83.27% and 85.13% and the average true range (ATR) pointed at 0.22. The RSI (14) points at 56.58%, while the 14-day stochastic is at 74.50% with the period’s ATR at 0.22. The stock’s 9-day MACD Oscillator is pointing at 0.14 and 0.34 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for ICL Group Ltd (NYSE: ICL), Barclays launched coverage with an Equal weight rating. Analysts offering their rating for ICL stock have a consensus rating for the stock as Hold. Currently, 0 brokerage advisors rate ICL as a “sell,”, while 4 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 1 have offered a “buy” rating.

What is ICL’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $8.50 and a high of $11.00, with their median price target at $9.50. Looking at these predictions, the average price target given by analysts is for ICL Group Ltd (ICL) stock is $9.52.

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