ICLR
ICON plc Healthcare - Clinical Research Investor Relations →
ICON plc (ICLR) closed at $150.59 as of 2026-02-02, trading 33.6% below its 200-week moving average of $226.68. This places ICLR in the extreme value zone. The stock is currently moving closer to the line, down from -20.7% last week. The 14-week RSI sits at 41, indicating neutral momentum.
Over the past 1399 weeks of data, ICLR has crossed below its 200-week moving average 18 times. On average, these episodes lasted 19 weeks. Historically, investors who bought ICLR at the start of these episodes saw an average one-year return of +18.2%.
With a market cap of $11.7 billion, ICLR is a large-cap stock. The company generates a free cash flow yield of 7.9%, which is healthy. Return on equity stands at 6.3%. The stock trades at 1.2x book value.
Over the past 26.9 years, a hypothetical investment of $100 in ICLR would have grown to $3824, compared to $830 for the S&P 500. That represents an annualized return of 14.5% vs 8.2% for the index — confirming ICLR as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 15% compound annual rate, with 4 consecutive years of positive cash generation. A business generating more cash every year while trading below its 200-week moving average is exactly the kind of disconnect value investors look for.
Growth of $100: ICLR vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After ICLR Crosses Below the Line?
Across 18 historical episodes, buying ICLR when it crossed below its 200-week moving average produced an average return of +16.8% after 12 months (median +13.0%), compared to +19.7% for the S&P 500 over the same periods. 61% of those episodes were profitable after one year. After 24 months, the average return was +18.1% vs +34.1% for the index.
Each line shows $100 invested at the moment ICLR crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
ICLR has crossed below its 200-week MA 18 times with an average 1-year return of +18.2% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Apr 1999 | Jan 2001 | 90 | 52.4% | -17.4% | +3621.1% |
| Mar 2001 | Mar 2001 | 2 | 4.8% | +58.6% | +2959.6% |
| Jul 2002 | Oct 2002 | 16 | 27.9% | +37.8% | +2677.1% |
| May 2005 | Jun 2005 | 5 | 4.6% | +73.4% | +1782.4% |
| Nov 2008 | Nov 2008 | 2 | 14.9% | +19.7% | +693.4% |
| Dec 2008 | Jan 2009 | 4 | 12.2% | +8.2% | +654.5% |
| Jan 2009 | Feb 2009 | 2 | 6.2% | +17.3% | +667.9% |
| Feb 2009 | Jul 2009 | 22 | 29.9% | +14.8% | +633.9% |
| Aug 2009 | Sep 2009 | 4 | 3.6% | +4.0% | +575.3% |
| Oct 2009 | Oct 2009 | 1 | 2.6% | -5.2% | +574.4% |
| Nov 2009 | Jan 2010 | 8 | 8.1% | -10.9% | +563.1% |
| Jan 2010 | Jan 2010 | 1 | 3.5% | N/A | +554.7% |
| Feb 2010 | Mar 2010 | 3 | 2.4% | -16.0% | +539.4% |
| Jul 2010 | Jun 2012 | 100 | 38.9% | -5.4% | +538.1% |
| Sep 2022 | Oct 2022 | 5 | 10.2% | +31.2% | -21.1% |
| Dec 2022 | Jan 2023 | 4 | 5.0% | +39.9% | -22.7% |
| Apr 2023 | May 2023 | 5 | 7.1% | +60.0% | -21.8% |
| Oct 2024 | Ongoing | 68+ | 47.5% | Ongoing | -31.7% |
| Average | 19 | — | +18.2% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02