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LON:ICG

Intermediate Capital Group (ICG) Share Price, News & Analysis

GBX 2,080 +30.00 (+1.46%)
(As of 12/24/2024 07:50 AM ET)

About Intermediate Capital Group Stock (LON:ICG)

Key Stats

Today's Range
2,056
2,086
50-Day Range
2,005.58
2,250
52-Week Range
1,852
2,448
Volume
79,073 shs
Average Volume
1.55 million shs
Market Capitalization
£6.05 billion
P/E Ratio
1,300.00
Dividend Yield
3.80%
Price Target
GBX 2,734.75
Consensus Rating
Buy

Company Overview

We are a provider of integrated solutions consisting of high-performance computing ASIC chips and ancillary software and hardware for blockchain applications. We utilize a fabless business model and specialize in the front-end and back-end of IC design, which are the major components of the IC product development chain. We have established strong supply chain management with a leading foundry, which helps to ensure our product quality and stable production output. Our products consist of high-performance computing ASIC chips that have high computing power and superior power efficiency as well as ancillary software and hardware, which cater to the evolving needs of the blockchain industry. We have built a proprietary technology platform named “Xihe” Platform, which allows us to develop a wide range of ASIC chips with high efficiency and scalability. We design our ASIC chips in-house, which enables us to leverage proprietary silicon data to deliver products reflecting the latest technological developments ahead of our competitors. As of September 30, 2022, we had completed a total of eight tape-outs using our “Xihe” Platform for 22nm ASIC chips, achieving a 100% success rate for all our tape-outs. Our strong commitment to advanced research and development enables us to innovate continuously and create ASIC chips with superior performance to power ratio at reasonable cost. According to Frost & Sullivan, we have a leading market share in ASIC chips designed for several key blockchain algorithms including Blake2bsha3, sha512MD160, Cryptonight V4, Eaglesong and Blake2s, in terms of the accumulative computing power sold for the years ended December 31, 2019, 2020 and 2021. We will continue to devote significant resources to design and tailor our ASIC chips for use in high-technology applications. As a result of fast-increasing market demand for our products, we have been growing rapidly. The principal executive offices of our operating subsidiaries are located at 9/F, A Block, No.333 Haiyang No.1 Road, Lingang Science and Technology Park, Pudong New Area, Shanghai, 201306, the People's Republic of China. Our registered office in the Cayman Islands is located at Cricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman, KY1-1111, Cayman Islands. Our agent for service of process in the United States is Puglisi & Associates.

Intermediate Capital Group Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
41st Percentile Overall Score

ICG MarketRank™: 

Intermediate Capital Group scored higher than 41% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Intermediate Capital Group has received a consensus rating of Buy. The company's average rating score is 3.25, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Intermediate Capital Group has only been the subject of 1 research reports in the past 90 days.

  • Read more about Intermediate Capital Group's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Intermediate Capital Group is 1,300.00, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 111.99.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Intermediate Capital Group is 1,300.00, which means that it is trading at a more expensive P/E ratio than the Manufacturing sector average P/E ratio of about 27.81.

  • Price to Book Value per Share Ratio

    Intermediate Capital Group has a P/B Ratio of 2.59. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Short Interest

    There is no current short interest data available for ICG.
  • Dividend Leadership

    Intermediate Capital Group is a leading dividend payer. It pays a dividend yield of 3.66%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Intermediate Capital Group does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Intermediate Capital Group is 4,937.50%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Read more about Intermediate Capital Group's dividend.
  • Short Interest

    There is no current short interest data available for ICG.
  • Search Interest

    2 people have searched for ICG on MarketBeat in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Intermediate Capital Group insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 1.40% of the stock of Intermediate Capital Group is held by insiders.

  • Percentage Held by Institutions

    70.40% of the stock of Intermediate Capital Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Intermediate Capital Group's insider trading history.
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ICG Stock News Headlines

No headlines for this company have been tracked by MarketBeat.com

ICG Stock Analysis - Frequently Asked Questions

Intermediate Capital Group's stock was trading at GBX 2,294.69 on January 1st, 2024. Since then, ICG shares have decreased by 9.4% and is now trading at GBX 2,080.
View the best growth stocks for 2024 here
.

Shares of ICG stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
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Company Calendar

Ex-Dividend for 1/10 Dividend
12/05/2024
Today
12/26/2024
Dividend Payable
1/10/2025

Industry, Sector and Symbol

Industry
Electronic Components & Accessories
Sub-Industry
Electronic Equipment
CIK
N/A
Web
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
GBX 2,734.75
High Stock Price Target
GBX 3,036
Low Stock Price Target
GBX 2,600
Potential Upside/Downside
+31.5%
Consensus Rating
Buy
Rating Score (0-4)
3.25
Research Coverage
4 Analysts

Profitability

Net Income
£467.40 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£904.70 million
Book Value
GBX 803 per share

Miscellaneous

Free Float
N/A
Market Cap
£6.05 billion
Optionable
N/A
Beta
1.97
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This page (LON:ICG) was last updated on 12/26/2024 by MarketBeat.com Staff
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