ICL GROUP LTD (NYSE: ICL) has reported earnings for its second fiscal quarter (ending June 30) of $0.09 versus $0.13 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $0.33 versus $1.09 for the same period a year ago.
Recent Price Action
ICL GROUP LTD (NYSE: ICL) stock enjoyed a very large increase of 6.3% on 8/14/24. The shares closed at $4.21. Moreover, unusually high trading volume at 195% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 7.9% during the last week.
Current PriceTarget Research Rating
ICL is expected to continue to be a Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
ICL GROUP has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. ICL GROUP has a very high Appreciation Score of 90 but a very low Power Rating of 11, and the Neutral Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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