Professional
Added to YB: 2025-01-29
Pitch date: 2024-12-31
IJF.MU [bullish]
ICON Public Limited Company
-20.1%
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
$200.50
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
turnaround
Baron Small Cap Fund Portfolio Holding: Icon PLC
IJF.MU: ICON, leading CRO, faces headwinds: weak Q4, lowered 2024 guidance, pharma R&D spend tightening, biotech funding issues, project delays/cancellations, shift to functional outsourcing. Expect recovery H2 2025, long-term growth potential. Holding at all-time low valuation.
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