Israel Chemicals (NYSE:ICL) posted its quarterly earnings results on Thursday. The basic materials company reported $0.10 EPS for the quarter, topping analysts’ consensus estimates of $0.09 by $0.01, Briefing.com reports. Israel Chemicals had a return on equity of 14.03% and a net margin of 9.04%. The company had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.33 billion. During the same quarter in the previous year, the firm earned $0.10 EPS. Israel Chemicals’s revenue was down 3.4% on a year-over-year basis.
Shares of Israel Chemicals stock traded up $0.04 during trading on Friday, reaching $4.60. 109,167 shares of the company’s stock were exchanged, compared to its average volume of 158,197. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.85 and a current ratio of 1.51. Israel Chemicals has a 1-year low of $4.36 and a 1-year high of $6.48. The company has a market cap of $5.94 billion, a P/E ratio of 12.43, a PEG ratio of 1.19 and a beta of 0.89. The firm’s 50-day moving average price is $4.68 and its 200 day moving average price is $5.02.
Separately, Zacks Investment Research raised Israel Chemicals from a “sell” rating to a “hold” rating in a report on Tuesday, October 29th.
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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