ICL Group (ICL) Scheduled to Post Quarterly Earnings on Monday

ICL Group (NYSE:ICL) is scheduled to be issuing its quarterly earnings data before the market opens on Monday, November 11th. Analysts expect the company to announce earnings of $0.08 per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

ICL Group (NYSE:ICL) last issued its quarterly earnings data on Wednesday, August 14th. The basic materials company reported $0.10 earnings per share for the quarter, beating analysts’ consensus estimates of $0.09 by $0.01. ICL Group had a net margin of 6.08% and a return on equity of 8.41%. The business had revenue of $1.75 billion for the quarter, compared to analysts’ expectations of $1.73 billion. During the same period in the previous year, the business earned $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 Up 0.7 %

ICL stock opened at $4.15 on Monday. The firm’s 50-day moving average is $4.14 and its two-hundred day moving average is $4.36. The company has a market capitalization of $5.45 billion, a price-to-earnings ratio of 12.58, a price-to-earnings-growth ratio of 5.80 and a beta of 1.23. ICL Group has a 52 week low of $3.79 and a 52 week high of $5.54. The company has a current ratio of 1.62, a quick ratio of 0.94 and a debt-to-equity ratio of 0.31.

ICL Group Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 18th. Stockholders of record on Wednesday, September 4th were given a dividend of $0.037 per share. This represents a $0.15 annualized dividend and a dividend yield of 3.57%. The ex-dividend date of this dividend was Wednesday, September 4th. ICL Group’s dividend payout ratio (DPR) is presently 45.46%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on ICL shares. Barclays lowered their target price on ICL Group from $4.50 to $4.00 and set an “underweight” rating on the stock in a report on Friday, August 16th. StockNews.com cut shares of ICL Group from a “strong-buy” rating to a “buy” rating in a research note on Monday, September 30th.

ICL Group Company Profile

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.