ICL Group Ltd, together with its subsidiaries, 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. The Potash segment extracts potash from the Dead Sea; mines and produces potash and salt; produces Polysulphate; produces, markets, and sells magnesium and magnesium alloys, as well as related by-products, including chlorine and sylvinite; and sells salt. The Phosphate Solutions segment uses phosphate commodity products to produce specialty products; produces and markets phosphate-based fertilizers, as well as sulphuric acid, green phosphoric acid, and phosphate fertilizers; and manufactures thermal phosphoric acid for various industrial end markets, such as oral care, cleaning products, paints and coatings, water treatment, asphalt modification, construction, and metal treatment. It also develops and produces functional food ingredients and phosphate additives for use in the processed meat, poultry, seafood, dairy, beverage, and baked goods markets; and produces milk and whey proteins for the food ingredients industry. The IAS segment develops, manufactures, markets, and sells fertilizers based primarily on nitrogen, potash, and phosphate, including water soluble specialty, liquid, soluble, and controlled-release fertilizers. It sells its products through marketing companies, agents, and distributors. The company was formerly known as Israel Chemicals Ltd. and changed its name to ICL Group Ltd in May 2020. ICL Group Ltd was founded in 1968 and is headquartered in Tel Aviv, Israel.
IPO Year: 2014
Exchange: NYSE
Website: icl-group.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/12/2024 | $6.50 → $4.00 | Overweight → Underweight | Barclays |
| 11/14/2023 | $7.00 → $6.50 | Equal Weight → Overweight | Barclays |
| 5/18/2023 | Buy → Neutral | BofA Securities | |
| 6/1/2022 | $12.00 | Equal Weight | Barclays |
| 2/14/2022 | $9.00 → $10.00 | Equal-Weight | Morgan Stanley |
| 12/6/2021 | $7.00 → $9.00 | Equal-Weight | Morgan Stanley |
6-K - ICL Group Ltd. (0000941221) (Filer)
6-K - ICL Group Ltd. (0000941221) (Filer)
6-K - ICL Group Ltd. (0000941221) (Filer)
6-K - ICL Group Ltd. (0000941221) (Filer)
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6-K - ICL Group Ltd. (0000941221) (Filer)
6-K - ICL Group Ltd. (0000941221) (Filer)
6-K - ICL Group Ltd. (0000941221) (Filer)
6-K - ICL Group Ltd. (0000941221) (Filer)
6-K - ICL Group Ltd. (0000941221) (Filer)
Barclays downgraded ICL Group from Overweight to Underweight and set a new price target of $4.00 from $6.50 previously
Barclays upgraded ICL Group from Equal Weight to Overweight and set a new price target of $6.50 from $7.00 previously
BofA Securities downgraded ICL Group from Buy to Neutral
Barclays initiated coverage of ICL Group with a rating of Equal Weight and set a new price target of $12.00
Morgan Stanley reiterated coverage of ICL Group with a rating of Equal-Weight and set a new price target of $10.00 from $9.00 previously
Morgan Stanley reiterated coverage of ICL Group with a rating of Equal-Weight and set a new price target of $9.00 from $7.00 previously
Morgan Stanley reiterated coverage of ICL Group with a rating of Equal-Weight and set a new price target of $7.00 from $6.00 previously
BMO Capital reiterated coverage of ICL Group with a rating of Market Perform and set a new price target of $6.00 from $5.25 previously
Morgan Stanley reiterated coverage of ICL Group with a rating of Equal-Weight and set a new price target of $6.00 from $5.00 previously
TEL AVIV, Israel, Nov. 21, 2024 /PRNewswire/ -- Israel Corporation Ltd. (TASE: ILCO) ("ILCO") announced today its third quarter results for the period ending September 30, 2024. Selected Financial Figures for the Third Quarter 2024: $m Q3/24 Q3/23 ILCO share in ICL profit1 49 59 Financing income, G&A and other expenses at ILCO headquarter level - (1) Tax income of ILCO Headquarters - - Net profit to company's shareholders 49 58 Liquidity at the ILCO Headquarters Level2 As of September 30, 2024, total financial liabilities were $722 million, and investments in liquid assets amounted to $843 million of which $313 million are pledged deposits. Net cash1 as of September 30, 2024, totaled $84
Continued to deliver sequential growth, with sales of $1.8 billion and adjusted EBITDA of $383 million Raising guidance for specialties-driven businesses ICL (NYSE:ICL) (TASE: ICL), a leading global specialty minerals company, today reported its financial results for the third quarter ended September 30, 2024. Consolidated sales were $1.75 billion versus $1.86 billion in the prior year. Operating income was $214 million, with adjusted operating income of $243 million, versus $227 million of operating income in the third quarter of last year. Adjusted EBITDA was $383 million versus $346 million. Diluted earnings per share were $0.09, with adjusted diluted EPS of $0.11, versus $0.11 in the
ICL (NYSE:ICL) (TASE: ICL), a leading global specialty minerals company, today announced it plans to release third quarter 2024 results prior to the opening of the TASE market on Monday, November 11, 2024. On that day, Raviv Zoller, president and CEO of ICL, and Aviram Lahav, CFO of ICL, will host a conference call to discuss results, provide a general business update and answer questions at 8:30 a.m. New York time (1:30 p.m. London and 3:30 p.m. Tel Aviv). The dial-in number for financial analysts in North America is (800) 225-9448, or (203) 518-9708 for international analysts, and the conference ID is ICL. To participate, please dial in a few minutes before the scheduled time. Employee
TEL AVIV, Israel, Aug. 15, 2024 /PRNewswire/ -- Israel Corporation Ltd. (TASE: ILCO) ("ILCO") announced today its second quarter results for the period ending June 30, 2024. Selected Financial Figures for the Second Quarter 2024: $m Q2/24 Q2/23 ILCO share in ICL profit1 49 72 Financing, G&A and other expenses at ILCO headquarter level (1) (2) Tax income of ILCO Headquarters - - Net profit to company's shareholders 48 70 Liquidity at the ILCO Headquarters Level2As of June 30, 2024, total financial liabilities were $754 million, and investments in liquid assets amounted to $858 million of which $163 million are pledged deposits. Net cash1 as of June 30, 2024, totaled $64 million. The ne
Continued to deliver sequential growth, with sales of $1.8 billion, operating income of $211 million and adjusted EBITDA of $377 million Raising guidance for specialties-driven businesses ICL (NYSE:ICL) (TASE: ICL), a leading global specialty minerals company, today reported its financial results for the second quarter ended June 30, 2024. Consolidated sales were $1.75 billion versus $1.87 billion in the prior year. Operating income was $211 million, with adjusted operating income of $225 million, versus $300 million of operating income in the second quarter of last year. Adjusted EBITDA was $377 million versus $441 million. Diluted earnings per share were $0.09, with adjusted diluted E
ICL (NYSE:ICL) (TASE: ICL), a leading global specialty minerals company, today announced it plans to release second quarter 2024 results prior to the opening of the TASE market on Wednesday, August 14, 2024. On that day, Raviv Zoller, president and CEO of ICL, and Aviram Lahav, CFO of ICL, will host a conference call to discuss results, provide a general business update and answer questions at 8:30 a.m. New York time (1:30 p.m. London and 3:30 p.m. Tel Aviv). Analysts are invited to pre-register for the call, in advance, at https://investors.icl-group.com/reports-news-and-events/#events-presentations. Employees, the media and the public are also invited to join the call online. A replay
TEL AVIV, Israel , May 30, 2024 /PRNewswire/ -- Israel Corporation Ltd. (TASE: ILCO) ("ILCO") announced today its first quarter results for the period ending March 31, 2024. Selected Financial Figures for the First Quarter 2024: $m Q1/24 Q1/23 ILCO share in ICL profit[1] 48 123 Amortization of excess cost (1) (1) Financing, G&A and other expenses at ILCO headquarter level (1) (5) Tax income of ILCO Headquarters 16 - Net profit to company's shareholders 62 117 Liquidity at the ILCO Headquarters Level[2] As of March 31, 2024, total financial liabilities were $869 million, and investments in liquid assets amounted to $978 million of which $10[3] million are pledged deposits. Net cash[1] a
Delivers solid sequential quarterly improvement in sales of $1.7 billion and adjusted EBITDA of $362 million ICL (NYSE:ICL) (TASE: ICL), a leading global specialty minerals company, today reported its financial results for the first quarter ended March 31, 2024. Consolidated sales were $1.7 billion versus $2.1 billion in the first quarter of last year. Operating income was $203 million versus $465 million, while adjusted operating income was $215 million versus $480 million. Adjusted EBITDA was $362 million versus $610 million in the first quarter of last year. Diluted earnings per share were $0.08 versus $0.22, and adjusted diluted EPS was $0.09 versus $0.23. "ICL delivered solid first
ICL (NYSE:ICL) (TASE: ICL), a leading global specialty minerals company, today announced it plans to release first quarter 2024 results prior to the opening of the TASE market on Thursday, May 9, 2024. On that day, Raviv Zoller, president and CEO of ICL, and Aviram Lahav, CFO of ICL, will host a conference call to discuss results, provide a general business update and answer questions at 8:30 a.m. New York time (1:30 p.m. London and 3:30 p.m. Tel Aviv). Analysts are invited to pre-register for the call, in advance, at https://investors.icl-group.com/reports-news-and-events/#events-presentations. Employees, the media and the public are also invited to join the call online. A replay of th
TEL AVIV, Israel, March 28, 2024 /PRNewswire/ -- Israel Corporation Ltd. (TASE: ILCO) ("ILCO") announced today its fourth quarter and annual results for the period ending December 31, 2023. Selected Financial Figures for the Fourth Quarter and 2023: $m Q4/23 Q4/22 2023 2022 IC share in ICL profit 29 146 285 958 Amortization of excess cost (1) (1) (3) (4) Financing, G&A and other expenses at IC headquarter level 1 (3) (8) (67) Tax income (expense) of IC Headquarters (1) (10) (1) 16 Net Profit from continuing activities 28 132 273 903 Net Profit from discontinued operations1 - - - 50 Net Profit to company's shareholders 28 132 273 953 Liquidity at the ILCO Headquarters Level2 As of December
TEL AVIV, Israel, Nov. 21, 2024 /PRNewswire/ -- Israel Corporation Ltd. (TASE: ILCO) ("ILCO") announced today its third quarter results for the period ending September 30, 2024. Selected Financial Figures for the Third Quarter 2024: $m Q3/24 Q3/23 ILCO share in ICL profit1 49 59 Financing income, G&A and other expenses at ILCO headquarter level - (1) Tax income of ILCO Headquarters - - Net profit to company's shareholders 49 58 Liquidity at the ILCO Headquarters Level2 As of September 30, 2024, total financial liabilities were $722 million, and investments in liquid assets amounted to $843 million of which $313 million are pledged deposits. Net cash1 as of September 30, 2024, totaled $84
Continued to deliver sequential growth, with sales of $1.8 billion and adjusted EBITDA of $383 million Raising guidance for specialties-driven businesses ICL (NYSE:ICL) (TASE: ICL), a leading global specialty minerals company, today reported its financial results for the third quarter ended September 30, 2024. Consolidated sales were $1.75 billion versus $1.86 billion in the prior year. Operating income was $214 million, with adjusted operating income of $243 million, versus $227 million of operating income in the third quarter of last year. Adjusted EBITDA was $383 million versus $346 million. Diluted earnings per share were $0.09, with adjusted diluted EPS of $0.11, versus $0.11 in the
ICL (NYSE:ICL) (TASE: ICL), a leading global specialty minerals company, today announced it plans to release third quarter 2024 results prior to the opening of the TASE market on Monday, November 11, 2024. On that day, Raviv Zoller, president and CEO of ICL, and Aviram Lahav, CFO of ICL, will host a conference call to discuss results, provide a general business update and answer questions at 8:30 a.m. New York time (1:30 p.m. London and 3:30 p.m. Tel Aviv). The dial-in number for financial analysts in North America is (800) 225-9448, or (203) 518-9708 for international analysts, and the conference ID is ICL. To participate, please dial in a few minutes before the scheduled time. Employee
Company's Agmatix AI-driven data platform and RegenIQ framework designated as a Friend of Farmers ICL (NYSE:ICL) (TASE: ICL), a leading global specialty minerals company, today announced that Agmatix, the company's ag tech digital start-up, has been named to Fortune's 10th Annual Change the World list. The list recognizes companies that have had a positive social impact through activities that are part of their core business strategy. Among other factors, nominees are assessed on their measurable impact on people and the planet, profitability related to their impactful work, and the degree of innovation they have demonstrated. Agmatix was recognized for its AI-driven platform, which helps
Company signs MOU to supply key component for production of LiPF6 battery materials ICL (NYSE:ICL) (TASE: ICL), a leading global specialty minerals company, today announced it has signed a memorandum of understanding (MOU) with Orbia Advance Corp., S.A.B. de C.V. (BMV:ORBIA) Fluor & Energy Materials (OF&EM), as both companies continue to expand their presence in the North American battery materials supply chain. The MOU provides a framework for ICL's Industrial Products division to supply phosphorus trichloride (PCl3) to OF&EM for its use in the production of LiPF6 – a critical raw material for lithium-ion batteries – at its planned St. Gabriel, La., manufacturing plant. ICL produces PCl3
Company hosts top food industry customers for innovation workshop and other events ICL (NYSE:ICL) (TASE: ICL), a leading global specialty minerals company, today announced it has opened a new food specialty plant in China, which was designed to help customers easily partner with ICL to create novel and innovative food offerings tailored to Chinese consumers' palates. The facility will manufacture specialty food solutions in the meat, poultry and seafood segments, such as texturants and marinades, among other offerings, and was built in the thriving Zhangjiagang Free Trade Zone, which is located in the heart of the Greater Shanghai area. ICL will leverage the new facility to continue servi
Growing Solutions signs agreement with AMP Holdings Group for specialty water soluble fertilizers ICL (NYSE:ICL) (TASE: ICL), a leading global specialty minerals company, today announced it has signed a five-year agreement with AMP Holdings Group Co. Ltd., one of China's top agricultural distribution companies. The agreement, valued at approximately $170 million, will run until 2028 and advances ICL's stated goal to expand its Growing Solutions product offerings and to position the business for further growth in major end-markets. The agreement is for specialty water soluble fertilizers, which are used in drip irrigation and designed for cash-crops, such as apples, watermelons, vegetabl
ICL (NYSE:ICL) (TASE: ICL), a leading global specialty minerals company, today announced Anantha Desikan, executive vice president and chief technology and innovation officer for ICL, will be presenting at Jefferies 2024 Industrials Conference at 8:40 a.m. ET on Wednesday, September 4, 2024. A webcast of the event will be available at https://investors.icl-group.com/reports-news-and-events/default.aspx#events-presentations. A replay will be available at the same site for a limited time, following the live event. About ICL ICL Group is a leading global specialty minerals company, which creates impactful solutions for humanity's sustainability challenges in the food, agriculture and ind
TEL AVIV, Israel, Aug. 15, 2024 /PRNewswire/ -- Israel Corporation Ltd. (TASE: ILCO) ("ILCO") announced today its second quarter results for the period ending June 30, 2024. Selected Financial Figures for the Second Quarter 2024: $m Q2/24 Q2/23 ILCO share in ICL profit1 49 72 Financing, G&A and other expenses at ILCO headquarter level (1) (2) Tax income of ILCO Headquarters - - Net profit to company's shareholders 48 70 Liquidity at the ILCO Headquarters Level2As of June 30, 2024, total financial liabilities were $754 million, and investments in liquid assets amounted to $858 million of which $163 million are pledged deposits. Net cash1 as of June 30, 2024, totaled $64 million. The ne
Continued to deliver sequential growth, with sales of $1.8 billion, operating income of $211 million and adjusted EBITDA of $377 million Raising guidance for specialties-driven businesses ICL (NYSE:ICL) (TASE: ICL), a leading global specialty minerals company, today reported its financial results for the second quarter ended June 30, 2024. Consolidated sales were $1.75 billion versus $1.87 billion in the prior year. Operating income was $211 million, with adjusted operating income of $225 million, versus $300 million of operating income in the second quarter of last year. Adjusted EBITDA was $377 million versus $441 million. Diluted earnings per share were $0.09, with adjusted diluted E
Company's Agmatix AI-driven data platform and RegenIQ framework designated as a Friend of Farmers ICL (NYSE:ICL) (TASE: ICL), a leading global specialty minerals company, today announced that Agmatix, the company's ag tech digital start-up, has been named to Fortune's 10th Annual Change the World list. The list recognizes companies that have had a positive social impact through activities that are part of their core business strategy. Among other factors, nominees are assessed on their measurable impact on people and the planet, profitability related to their impactful work, and the degree of innovation they have demonstrated. Agmatix was recognized for its AI-driven platform, which helps
Company hosts top food industry customers for innovation workshop and other events ICL (NYSE:ICL) (TASE: ICL), a leading global specialty minerals company, today announced it has opened a new food specialty plant in China, which was designed to help customers easily partner with ICL to create novel and innovative food offerings tailored to Chinese consumers' palates. The facility will manufacture specialty food solutions in the meat, poultry and seafood segments, such as texturants and marinades, among other offerings, and was built in the thriving Zhangjiagang Free Trade Zone, which is located in the heart of the Greater Shanghai area. ICL will leverage the new facility to continue servi
Expanded Board Enhances Financial and Governance Expertise Supporting ESG Commitments REE Automotive Ltd. (NASDAQ:REE), a leader in e-mobility, announced today that it has expanded its Board of Directors, appointing two new independent members. The additional board members deepen and diversify its leadership as the company progresses towards technology maturation and commercial production in 2023. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211026005784/en/Michal Brikman (Photo: Business Wire) REE has appointed seasoned veterans Ms. Michal Brikman and Ms. Lilach Geva-Harel, who bring a wealth of public company financial, corp
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More than one dozen novel microbes identified for row crops suffering from extreme weather conditionsTEL AVIV and REHOVOT, Israel, July 17, 2024 /PRNewswire/ -- ICL (NYSE:ICL) (TASE: ICL), a leading global specialty minerals company, and Lavie Bio Ltd., a leading ag-biologicals company and subsidiary of Evogene Ltd. (NASDAQ:EVGN) (TASE: EVGN), today announced a significant milestone in their collaboration to develop bio-stimulant solutions for key row crops facing various abiotic stresses. By leveraging artificial intelligence (AI), Lavie Bio has computationally identified more than a dozen novel microbial candidates believed to have commercial viability as bio-stimulants for crops grown und
ICL Group (NYSE:ICL) reported quarterly earnings of $0.09 per share which met the analyst consensus estimate. This is a 60.87 percent decrease over earnings of $0.23 per share from the same period last year. The company reported quarterly sales of $1.735 billion which missed the analyst consensus estimate of $1.752 billion by 0.95 percent. This is a 18.01 percent decrease over sales of $2.116 billion the same period last year.
Barclays analyst Benjamin Theurer maintains ICL Group (NYSE:ICL) with a Underweight and raises the price target from $4 to $4.5.
Companies Reporting Before The Bell • ICL Group (NYSE:ICL) is likely to report quarterly earnings at $0.08 per share on revenue of $1.69 billion. • Golden Ocean Group (NASDAQ:GOGL) is likely to report quarterly earnings at $0.27 per share on revenue of $193.12 million. • Wallbox (NYSE:WBX) is likely to report earnings for its fourth quarter. • Immunocore Hldgs (NASDAQ:IMCR) is estimated to report quarterly loss at $0.28 per share on revenue of $67.23 million. • Royal Bank of Canada (NYSE:RY) is likely to report quarterly earnings at $2.08 per share on revenue of $9.95 billion. • TG Therapeutics (NASDAQ:TGTX) is likely to report quarterly loss at $0.10 per share on revenue of $40.06 mil
ICL (NYSE:ICL) (TASE: ICL), a leading global specialty minerals company, today announced it has acquired Nitro 1000, a manufacturer, developer and provider of biologicals in Brazil for approximately $30 million. This acquisition marks another meaningful step into the biologicals market, while expanding ICL's product offerings and positioning the company for further expansions into new and adjacent end-markets. Nitro 1000 will immediately join the ICL product portfolio, and the company will begin selling to its existing customer base in Brazil. Nitro 1000's products are mainly aimed at soybean, corn and sugar cane crops, and their application replaces or optimizes the use of fertilizers. Thi
What are Value Stocks? A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. The following stocks are considered to be notable value stocks in the basic materials sector: Ramaco Resources (NASDAQ:METCB) - P/E: 7.69 Sylvamo (NYSE:SLVM) - P/E: 6.91 Commercial Metals (NYSE:CMC) - P/E: 8.23 CF Industries Holdings (NYSE:CF) - P/E: 7.11 ICL Group (NYSE:ICL) -
Barclays analyst Benjamin Theurer downgrades ICL Group (NYSE:ICL) from Overweight to Underweight and lowers the price target from $6.5 to $4.
Friday marks the last chance for investors to receive the next dividend payout from ICL Group (NYSE:ICL). What's Happening The company announced on Wednesday that it would pay shareholders a quarterly dividend of 5.31 cents per share. On Monday, ICL Group will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 5.31 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Monday. Shareholders who own ICL as of the end of Friday's session are eligible to receive the 5.31 cents dividend payout for
What are Value Stocks? A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. Benzinga Insights has compiled a list of value stocks in the basic materials sector that may be worth watching: Mosaic (NYSE:MOS) - P/E: 9.31 Loma Negra Cia Industria (NYSE:LOMA) - P/E: 7.3 Gerdau (NYSE:GGB) - P/E: 5.49 ICL Group (NYSE:ICL) - P/E: 7.2 Origin Mat (NASDAQ:ORGN) -