ICL Group Ltd (NYSE:ICL) remained unchanged to close Friday at $6.13 after subtracting $0.0 on the day. The 5-day average trading volume is 724,300 shares of the company’s common stock. It has gained $6.43 in the past week and touched a new high 1 time within the past 5 days. An average of 1,070,015 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,118,520.
ICL’s 1-month performance is -6.41% or -$0.13 on its low of $6.04 reached on 08/17/23. The company’s shares have touched a 52-week low of $4.96 and high of $11.03, with the stock’s rally to the 52-week high happening on 01/18/23. YTD, ICL has lost -16.14% or -$1.18 and has reached a new high 5 times. However, the current price is down -44.42% from the 52-week high price.
Valuation Metrics
ICL stock has a beta of 1.13.
The trailing 12-month EBITDA margin is 39.84%. The firm’s gross profit as reported stood at $5.03 billion against revenue of $10.02 billion.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 63.73% to $2.16 billion, while revenue of $0.0 was 100.0% off the previous quarter. Analysts expected ICL to announce $0.13 per share in earnings in its latest quarter, but it posted $0.13, representing a 0.00% surprise. EBITDA for the quarter stood at more than $441.0 million. ICL stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 5.67 billion, with total debt at $2.79 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 18 August was 40.12% to suggest the stock is trending Neutral, with historical volatility in this time period at 33.24%.
The stock’s 5-day moving average is $6.18, reflecting a -5.69% or -$0.37 change from its current price. ICL is currently trading -6.55% above its 20-day SMA, -11.42% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +11.86% and SMA200 by-32.04%.
Stochastic %K and %D was 12.61% and 13.58% and the average true range (ATR) pointed at 0.17. The RSI (14) points at 45.44%, while the 14-day stochastic is at 13.26% with the period’s ATR at 0.18. The stock’s 9-day MACD Oscillator is pointing at -0.18 and -0.17 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for ICL Group Ltd (NYSE: ICL), BofA Securities downgraded it to a Neutral rating. They previously had a Buy rating on the stock.
What is ICL’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $5.68 and a high of $7.00, with their median price target at $6.78. Looking at these predictions, the average price target given by analysts is for ICL Group Ltd (ICL) stock is $6.56.
