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Is this Large Market Cap Stock target price reasonable for ICON Public Limited Company (NASDAQ:ICLR)?

The company in question is, ICON Public Limited Company (NASDAQ:ICLR) currently with a stock price of 77.39 (0.45% today). The market cap for ICON Public Limited Company is 4223.33, and is in the sector Healthcare, and Medical Laboratories & Research industry. The target price for ICON Public Limited Company is 80.23. Currently ICON Public Limited Company is trading with a P/E of 17.68, and a forward P/E of 14.58. Average volume for ICON Public Limited Company is 380.47 and so far today it is 263722.

Performance in the last year for ICON Public Limited Company has been 10.23%. For EPS growth, ICON Public Limited Company has seen a growth of 45.40%, and is looking to grow in the next year to 12.35%. More long term stats show that EPS growth has been 22.60% over the last five years and could be 15.13% for the next five years. ICON Public Limited Company has seen sales growth quarter over quarter at 5.60%, with EPS growth quarter over quarter at 13.90%. The 20-day simple moving average is 1.21%, with the 200-day simple moving average coming to 8.01%.

Since the IPO date for ICON Public Limited Company on the 5/15/1998, ICON Public Limited Company has seen performance year to date to be -0.85%. With ICON Public Limited Company trading at 77.39, the dividend yield is *TBA, and the EPS is 4.36.

So could ICON Public Limited Company, be undervalued? Well as said before P/E is 17.68. The PEG is 1.17, P/S is 2.62 and the P/B is at 4.68. The P/cash is 16.83, with P/free cash flow at 18.47.

ICON Public Limited Company ability to deal with debt shows that the current ratio is 2, and the quick ratio is 2. This is with long term debt/equity at 0.38, and total debt/equity at 0.

In terms of margins, ICON Public Limited Company has a gross margin of 42.70%, an operating margin of 18.40% and a profit margin of 15.50%.Payout ratio for ICON Public Limited Company is 0.00%. Return on assets come to 14.10% with return on investment coming to 21.80%.

Insider ownership for ICON Public Limited Company, is at 4.00% and institutional ownership comes to 98.10%. Outstanding shares are at 54.82. While shares float is 54.38. The float short is currently 3.68%, and short ratio is 5.26.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Tony Dabbs

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