Professional
Added to YB: 2025-07-07
Pitch date: 2025-04-09
ICLR [bullish]
ICON Public Limited Company
+25.63%
current return
Author Info
No bio for this author
Company Info
ICON Public Limited Company, a clinical research organization, provides outsourced development and commercialization services in Ireland, rest of Europe, the United States, and internationally.
Market Cap
$12.6B
Pitch Price
$148.51
Price Target
N/A
Dividend
N/A
EV/EBITDA
10.01
P/E
22.02
EV/Sales
1.93
Sector
Life Sciences Tools and Services
Category
growth
Parnassus Mid Cap Growth Fund New Position: ICON Public Limited Company
ICLR (new position): #2 CRO player with scale advantages & strong customer relationships. Bought on biotech R&D spending pullback. Trading at low multiple on cyclically depressed earnings. Upside from R&D spend recovery & continued market share gains.
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