Israel Chemicals (NYSE:ICL) issued its earnings results on Thursday. The basic materials company reported $0.10 EPS for the quarter, topping the Zacks’ consensus estimate of $0.09 by $0.01, Briefing.com reports. The business had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.33 billion. Israel Chemicals had a net margin of 9.04% and a return on equity of 14.03%. The company’s revenue for the quarter was down 3.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.10 EPS.
Shares of ICL traded up $0.04 during mid-day trading on Friday, hitting $4.60. The company’s stock had a trading volume of 109,167 shares, compared to its average volume of 158,197. The company’s 50-day moving average is $4.68 and its 200-day moving average is $5.02. Israel Chemicals has a 52-week low of $4.36 and a 52-week high of $6.48. The firm has a market capitalization of $5.94 billion, a price-to-earnings ratio of 12.43, a PEG ratio of 1.19 and a beta of 0.89. The company has a current ratio of 1.51, a quick ratio of 0.85 and a debt-to-equity ratio of 0.53.
Separately, Zacks Investment Research upgraded shares of Israel Chemicals from a “sell” rating to a “hold” rating in a research note on Tuesday, October 29th.
About Israel Chemicals
Israel Chemicals Ltd. operates as a specialty minerals and chemicals company worldwide. It operates in four segments: Industrial Products, Potash, Phosphate Solutions, and Innovative Ag Solutions (IAS). The Industrial Products segment produces bromine out of a solution that is a by-product of the potash production process, as well as bromine-based compounds; produces various grades of potash, salt, magnesium chloride, and magnesia products; and produces and markets phosphorous-based flame retardants and other phosphorus-based products.
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