BidaskClub lowered shares of Israel Chemicals Shs (NYSE:ICL) from a buy rating to a hold rating in a research note issued to investors on Friday morning.
Several other equities analysts have also recently issued reports on the company. ValuEngine cut Israel Chemicals Shs from a buy rating to a hold rating in a research report on Friday. Zacks Investment Research cut Israel Chemicals Shs from a hold rating to a sell rating in a research report on Tuesday, July 25th. Finally, Jefferies Group LLC reissued a hold rating and set a $5.25 price target (up from $4.75) on shares of Israel Chemicals Shs in a report on Friday, July 14th. One investment analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. The company currently has an average rating of Hold and a consensus price target of $4.67.
Israel Chemicals Shs (ICL) traded up 1.77% during mid-day trading on Friday, reaching $4.61. The company’s stock had a trading volume of 64,495 shares. Israel Chemicals Shs has a 12-month low of $3.52 and a 12-month high of $4.95. The firm’s market cap is $5.88 billion. The company has a 50-day moving average price of $4.70 and a 200-day moving average price of $4.44.
Israel Chemicals Shs (NYSE:ICL) last released its quarterly earnings data on Thursday, August 3rd. The basic materials company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by $0.01. The business had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.32 billion. Israel Chemicals Shs had a negative net margin of 3.43% and a positive return on equity of 13.55%. The business’s revenue was down 4.0% compared to the same quarter last year. During the same period last year, the company posted $0.09 earnings per share. On average, equities research analysts expect that Israel Chemicals Shs will post $0.28 earnings per share for the current year.
TRADEMARK VIOLATION NOTICE: This story was originally posted by Community Financial News and is the property of of Community Financial News. If you are reading this story on another publication, it was copied illegally and republished in violation of U.S. and international copyright laws. The legal version of this story can be viewed at https://www.com-unik.info/2017/08/14/israel-chemicals-shs-icl-lowered-to-hold-at-bidaskclub.html.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 13th. Stockholders of record on Tuesday, August 29th will be issued a dividend of $0.0245 per share. The ex-dividend date of this dividend is Tuesday, August 29th. This represents a $0.10 annualized dividend and a dividend yield of 2.16%. Israel Chemicals Shs’s payout ratio is -66.66%.
Several institutional investors have recently added to or reduced their stakes in ICL. Voya Investment Management LLC boosted its position in Israel Chemicals Shs by 18.4% in the second quarter. Voya Investment Management LLC now owns 87,358 shares of the basic materials company’s stock valued at $412,000 after buying an additional 13,584 shares during the last quarter. Parametric Portfolio Associates LLC boosted its position in Israel Chemicals Shs by 14.8% in the second quarter. Parametric Portfolio Associates LLC now owns 1,411,731 shares of the basic materials company’s stock valued at $6,677,000 after buying an additional 181,933 shares during the last quarter. FIL Ltd purchased a new position in Israel Chemicals Shs during the second quarter valued at $7,261,000. Vanguard Group Inc. boosted its position in Israel Chemicals Shs by 17.3% in the second quarter. Vanguard Group Inc. now owns 11,583,640 shares of the basic materials company’s stock valued at $54,790,000 after buying an additional 1,712,172 shares during the last quarter. Finally, Citigroup Inc. boosted its position in Israel Chemicals Shs by 89.1% in the second quarter. Citigroup Inc. now owns 729,159 shares of the basic materials company’s stock valued at $3,445,000 after buying an additional 343,584 shares during the last quarter. 5.95% of the stock is currently owned by hedge funds and other institutional investors.
What are top analysts saying about Israel Chemicals Shs? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Israel Chemicals Shs and related companies.