The stock of ICL Group Ltd (NYSE:ICL) increased by $0.02 on Wednesday to $5.80, up 0.26 percent. The last five days have seen an average of 1,281,442 shares of common stock traded. 5 times new highs were reached in the current year, with a fall of -$1.51. The average number of shares traded over the last 20 days was 772,870, while the average volume over the last 50 days totaled 941,538.
ICL stock dropped -4.37% since last month. On 09/18/23, the company’s shares reached a one-month low of $5.57. The stock touched a high of $9.20 on 01/18/23, after rallying from a low of $4.96 in 52 weeks. The price of ICL stock has declined by -20.73% or -$1.51 this year, reaching a new high 5 times. Still, the stock price is down -37.01% from the 52-week high.
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Valuation Metrics
Company paid $0.0470 per share in dividends, a decrease of -58.48% from $0.1132 last year. A $0.0662 dividend decrease was reported on Wednesday August 9 2023.
Financial Health
Based on annual data, it had gross profit of $5.03 billion and revenue of $10.02 billion.
Earnings Surprise
According to ICL Group Ltd’s quarterly financial report for the quarter that ended June 29. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $10.02 billion, while revenues rose by 30.55% to $0.0. It was predicted that ICL Group Ltd’s quarterly earnings would be $0.13, but it ended up being $0.13. EBITDA was $441.0 million for the quarter. At the end of ICL Group Ltd’s most recent quarter ended June 29, its liabilities totaled 5.67 billion, while its total debt was $2.79 billion.
Technical Picture
Here’s a quick look at ICL Group Ltd’s (ICL) price momentum from a technical perspective. As of 19 September, the RSI 9-day stood at 46.62%, suggesting the stock is Neutral, with a 24.70% historical volatility rate.
The stochastic %K and %D were 27.96% and 16.49% respectively, while the average true range (ATR) was 0.13. Based on the 14-day stochastic reading of 43.15%, the RSI (14) reading is 44.54%. On the 9-day MACD Oscillator, the stock is at -0.03, and the 14-day reading is at -0.10.
Analyst Ratings
ICL Group Ltd (NYSE: ICL) was downgraded by BofA Securities to a a Neutral rating in its latest research report. The stock was previously rated as a a Buy. Analysts have assigned ICL Group Ltd (ICL) an Hold rating. ICL is a stock that is recommended for selling by 0 brokerage firms, while 7 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 0 others recommend it as a buy.
What is ICL’s price target for the next 12 months?
The current consensus forecast for the stock is between $5.68 and $7.00, with a median target price of $6.78. In analyzing these forecasts, the average price target given by analysts for ICL Group Ltd (ICL) is $6.56.
