Israel Chemicals Shs (NYSE:ICL) was downgraded by investment analysts at ValuEngine from a “buy” rating to a “hold” rating in a note issued to investors on Wednesday.
A number of other research firms also recently weighed in on ICL. Zacks Investment Research downgraded Israel Chemicals Shs from a “hold” rating to a “sell” rating in a research report on Tuesday, July 25th. BidaskClub downgraded Israel Chemicals Shs from a “buy” rating to a “hold” rating in a research report on Friday, August 11th. Finally, BMO Capital Markets reiterated a “hold” rating on shares of Israel Chemicals Shs in a research report on Friday, October 6th. Five research analysts have rated the stock with a hold rating, Israel Chemicals Shs currently has a consensus rating of “Hold” and an average target price of $4.88.
Israel Chemicals Shs (NYSE ICL) traded up $0.06 during trading hours on Wednesday, reaching $3.96. The company had a trading volume of 102,400 shares, compared to its average volume of 214,256. The company has a market cap of $4,973.35, a P/E ratio of 13.93 and a beta of 1.18. Israel Chemicals Shs has a one year low of $3.70 and a one year high of $4.95. The company has a quick ratio of 0.70, a current ratio of 1.24 and a debt-to-equity ratio of 0.93.
Israel Chemicals Shs (NYSE:ICL) last released its earnings results on Wednesday, November 8th. The basic materials company reported $0.09 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.08 by $0.01. The company had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.41 billion. Israel Chemicals Shs had a return on equity of 13.20% and a net margin of 4.47%. Israel Chemicals Shs’s quarterly revenue was up 4.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.09 EPS. research analysts anticipate that Israel Chemicals Shs will post 0.28 EPS for the current fiscal year.
A number of hedge funds have recently made changes to their positions in the business. First Eagle Investment Management LLC lifted its position in Israel Chemicals Shs by 1.4% in the third quarter. First Eagle Investment Management LLC now owns 26,215,367 shares of the basic materials company’s stock valued at $116,315,000 after purchasing an additional 354,015 shares during the last quarter. Vanguard Group Inc. lifted 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 purchasing an additional 1,712,172 shares during the last quarter. Swiss National Bank lifted its position in Israel Chemicals Shs by 5.4% in the second quarter. Swiss National Bank now owns 1,928,014 shares of the basic materials company’s stock valued at $9,095,000 after purchasing an additional 98,182 shares during the last quarter. FIL Ltd bought a new stake in Israel Chemicals Shs in the second quarter valued at approximately $7,261,000. Finally, Van ECK Associates Corp lifted its position in Israel Chemicals Shs by 0.3% in the second quarter. Van ECK Associates Corp now owns 1,431,482 shares of the basic materials company’s stock valued at $6,771,000 after purchasing an additional 4,005 shares during the last quarter. Hedge funds and other institutional investors own 6.08% of the company’s stock.
About Israel Chemicals Shs
Israel Chemicals Ltd. operates as a specialty minerals company worldwide. The company operates through two segments, Essential Minerals and Specialty Solutions. The company extracts potash from the Dead Sea; mines and produces potash and salt from subterranean mines in Spain and the United Kingdom, as well as uses part of the potash to produce compound fertilizers; mines and processes phosphate rock in open mines; and produces sulfuric acid, agricultural phosphoric acid, phosphate fertilizers, compound fertilizers, liquid fertilizers, and soluble fertilizers.
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