ICL Group Ltd. (NYSE:ICL) – Jefferies Financial Group upped their Q4 2020 earnings per share (EPS) estimates for shares of ICL Group in a research note issued to investors on Wednesday, July 8th. Jefferies Financial Group analyst L. Alexander now forecasts that the basic materials company will earn $0.03 per share for the quarter, up from their prior forecast of $0.01.

Other equities analysts also recently issued research reports about the stock. Zacks Investment Research raised shares of ICL Group from a “sell” rating to a “hold” rating in a report on Wednesday, June 17th. ValuEngine downgraded shares of ICL Group from a “hold” rating to a “sell” rating in a research note on Thursday, April 30th.

ICL stock opened at $3.09 on Monday. ICL Group has a one year low of $2.68 and a one year high of $5.50. The company’s fifty day moving average price is $3.31 and its 200-day moving average price is $3.64. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.53 and a quick ratio of 0.92.

ICL Group (NYSE:ICL) last released its earnings results on Tuesday, May 12th. The basic materials company reported $0.05 EPS for the quarter, hitting the consensus estimate of $0.05. ICL Group had a net margin of 7.65% and a return on equity of 9.60%. The firm had revenue of $1.32 billion for the quarter.

A number of institutional investors have recently added to or reduced their stakes in the stock. Norges Bank bought a new position in ICL Group during the fourth quarter valued at $48,681,000. Citigroup Inc. increased its position in ICL Group by 218.8% during the first quarter. Citigroup Inc. now owns 1,889,634 shares of the basic materials company’s stock valued at $6,026,000 after acquiring an additional 1,296,891 shares during the last quarter. UBS Group AG increased its position in ICL Group by 7,565.7% during the first quarter. UBS Group AG now owns 1,166,190 shares of the basic materials company’s stock valued at $3,580,000 after acquiring an additional 1,150,977 shares during the last quarter. Grantham Mayo Van Otterloo & Co. LLC increased its position in ICL Group by 29.8% during the first quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 4,079,716 shares of the basic materials company’s stock valued at $13,009,000 after acquiring an additional 937,643 shares during the last quarter. Finally, Parametric Portfolio Associates LLC increased its position in ICL Group by 38.8% during the first quarter. Parametric Portfolio Associates LLC now owns 3,144,884 shares of the basic materials company’s stock valued at $9,655,000 after acquiring an additional 878,568 shares during the last quarter. 4.63% of the stock is currently owned by institutional investors.

About ICL Group

ICL Group Ltd. operates as a specialty minerals and chemicals company worldwide. It operates in four segments: Industrial Products, Potash, Phosphate Solutions, and Innovative Ag Solutions (IAS). 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.

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Earnings History and Estimates for ICL Group (NYSE:ICL)

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