ICL Group (ICL) to Release Earnings on Monday

ICL Group (NYSE:ICL - Get Free Report) is scheduled to be announcing 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. Investors interested in listening to the company's conference call can do so using this link.

ICL Group (NYSE:ICL - Get Free Report) last posted its quarterly earnings data on Wednesday, August 14th. The basic materials company reported $0.10 earnings per share for the quarter, topping analysts' consensus estimates of $0.09 by $0.01. The company had revenue of $1.75 billion during the quarter, compared to analysts' expectations of $1.73 billion. ICL Group had a net margin of 6.08% and a return on equity of 8.41%. During the same period in the prior year, the business 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 Price Performance

NYSE:ICL traded up $0.29 during trading hours on Monday, reaching $4.44. 1,377,730 shares of the company were exchanged, compared to its average volume of 765,361. The company has a current ratio of 1.62, a quick ratio of 0.94 and a debt-to-equity ratio of 0.31. The stock's 50-day moving average is $4.14 and its 200-day moving average is $4.36. The firm has a market cap of $5.83 billion, a PE ratio of 13.45, a price-to-earnings-growth ratio of 5.80 and a beta of 1.23. ICL Group has a twelve month low of $3.79 and a twelve month high of $5.54.

ICL Group Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 18th. Shareholders of record on Wednesday, September 4th were given a dividend of $0.037 per share. This represents a $0.15 dividend on an annualized basis and a yield of 3.33%. The ex-dividend date was Wednesday, September 4th. ICL Group's dividend payout ratio is presently 42.42%.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on ICL shares. StockNews.com cut shares of ICL Group from a "strong-buy" rating to a "buy" rating in a research report on Monday, September 30th. Barclays reduced their target price on shares of ICL Group from $4.50 to $4.00 and set an "underweight" rating for the company in a research report on Friday, August 16th.

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.