Alert: Negative Investment/Fundamental Signals (4/26/24)-ICL GROUP LTD (NYSE: ICL)

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Notable negative changes in ICL GROUP LTD (NYSE: ICL) fundamentals have recently occurred: the consensus estimate for December, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.

Important negative changes in ICL GROUP LTD (NYSE: ICL) investment behavior have recently occurred: its shorter term price trend turned down.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, ICL is expected to continue to be a Value Builder.

ICL GROUP has a current Value Trend Rating of C (Low Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. ICL GROUP has a very high Appreciation Score of 88 but a very low Power Rating of 5, and the Low Neutral Value Trend Rating results.

Recent Price Action

On 4/26/24, ICL GROUP LTD (NYSE: ICL) stock increased 1.5%, closing at $4.63. However, this advance was accompanied by below average trading volume at 68% of normal. The stock has declined -0.6% during the last week and has been weak relative to the market over the last nine months.

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