ICL Group (ICL) to Release Earnings on Monday

ICL Group (NYSE:ICL) is scheduled to post its quarterly earnings results before the market opens on Monday, November 11th. Analysts expect ICL Group to post 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 released its quarterly earnings results on Wednesday, August 14th. The basic materials company reported $0.10 EPS for the quarter, beating analysts’ consensus estimates of $0.09 by $0.01. The company had revenue of $1.75 billion for the quarter, compared to analyst estimates 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 last year, the firm 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 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 company has a fifty day simple moving average of $4.12 and a 200 day simple moving average of $4.35. 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 company has a market cap of $5.43 billion, a P/E ratio of 12.53, a P/E/G ratio of 6.25 and a beta of 1.23.

ICL Group Cuts Dividend

The company also recently announced 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 3.58%. The ex-dividend date of this dividend was Wednesday, September 4th. ICL Group’s dividend payout ratio is 42.42%.

Analysts Set New Price Targets

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