Alert: Negative Investment/Fundamental Signals (4/1/24)-ICL GROUP LTD (NYSE: ICL)

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ICL GROUP LTD (NYSE: ICL) has recently experienced significant negative changes in fundamentals: the consensus estimate for December, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.

ICL GROUP LTD (NYSE: ICL) has recently experienced meaningful negative changes in investment behavior: the stock’s recent price decline challenged its longer term uptrend.

In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, ICL is expected to continue to be an important Value Builder.

ICL GROUP has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. ICL GROUP has a neutral Appreciation Score of 51 but a very low Power Rating of 9, triggering the Lowest Value Trend Rating.

Recent Price Action

On 4/1/24, ICL GROUP LTD (NYSE: ICL) stock declined modestly by -1.1%, closing at $5.32. However, this decline was accompanied by below average trading volume at 71% of normal. The stock has declined -1.3% during the last week and has been weak relative to the market over the last nine months.

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