ICL Group (ICL) to Release Earnings on Monday

ICL Group (NYSE:ICL) will announce its earnings results before the market opens on Monday, November 11th. Analysts expect the company to announce earnings of $0.08 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

ICL Group (NYSE:ICL) last posted its quarterly earnings data on Wednesday, August 14th. The basic materials company reported $0.10 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.01. The business had revenue of $1.75 billion during the quarter, compared to the consensus estimate of $1.73 billion. ICL Group had a net margin of 6.08% and a return on equity of 8.41%. During the same quarter in the prior year, the company posted $0.13 earnings per share. On average, analysts expect ICL Group to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

ICL Group Stock Performance

Shares of NYSE ICL opened at $4.14 on Friday. ICL Group has a 1 year low of $3.79 and a 1 year high of $5.54. The firm has a market cap of $5.43 billion, a P/E ratio of 12.53, a PEG ratio of 6.25 and a beta of 1.23. The stock has a fifty day moving average price of $4.12 and a two-hundred day moving average price of $4.35. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.94 and a current ratio of 1.62.

ICL Group Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 18th. Shareholders of record on Wednesday, September 4th were issued a $0.037 dividend. This represents a $0.15 dividend on an annualized basis and a yield of 3.58%. The ex-dividend date of this dividend was Wednesday, September 4th. ICL Group’s payout ratio is 42.42%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on ICL shares. Barclays reduced their price objective on ICL Group from $4.50 to $4.00 and set an “underweight” rating for the company in a research note on Friday, August 16th. StockNews.com lowered ICL Group from a “strong-buy” rating to a “buy” rating in a research report on Monday, September 30th.

About ICL Group

ICL Group Ltd, together with its subsidiaries, operates as a specialty minerals and chemicals company worldwide. It operates in four segments: Industrial Products, Potash, Phosphate Solutions, and Growing Solutions. The Industrial Products segment produces bromine out of a solution that is a by-product of the potash production process, as well as bromine-based compounds; produces various grades of potash, salt, magnesium chloride, and magnesia products; and produces and markets phosphorous-based flame retardants and other phosphorus-based products.