Recent significant negative changes in fundamentals have impacted ICL GROUP LTD (NYSE: ICL): the consensus estimate for December, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.
ICL GROUP LTD (NYSE: ICL) suffers from exceptional negative changes in investment behavior: the stock’s recent price decline challenged its longer term uptrend, and the stock fell on very heavy volume.
In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, ICL is expected to continue to be an important Value Builder.
ICL GROUP has a current Value Trend Rating of F (Lowest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. ICL GROUP has a neutral Appreciation Score of 56 but a very low Power Rating of 9, resulting in the Lowest Value Trend Rating.
Recent Price Action
On 3/15/24, ICL GROUP LTD (NYSE: ICL) stock declined modestly by -1.8%, closing at $4.80. Moreover, trading volume in this decline was exceptionally high at 248% of normal. Relative to the market the stock has been weak over the last nine months and has declined -12.6% during the last week.
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