ICL Group (NYSE:ICL) Stock, Quote.Headers.trade-ideas

ICL Group

ICL Group Ltd is a manufacturer of products based on minerals. The firm is comprised of four segments: phosphate solutions, potash, industrial products, and growing solutions. These segments all contribute to the company's development of agriculture, food, and engineered material products and services. The company mines and manufactures potash and phosphates to be used as ingredients in fertilizers and serve as a component in the pharmaceutical and food additives industries. It is also engaged in industrial additives and materials, including flame retardants, phosphate salts, specialty phosphate blends, purified phosphoric acid, electronic-grade specialty phosphoric acids. Its geographical segments are Europe, Asia, North and South America, and the Rest of the world.


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ICL Group Ltd (NYSE: ICL) recorded profits of $115 million or 9 cents per share in second-quarter 2024, down from $163 million or 13 cents in the year-ago quarter.

Barring one-time items, adjusted earnings per share were 10 cents. The bottom line beat the Zacks Consensus Estimate of 9 cents.

ICL Group&#39;s Earnings and Revenues Beat Estimates in Q2

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Company continues to expand global presence in battery materials space
<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.icl-group.com%2F&amp;esheet=54181805&amp;newsitemid=20250116261144&amp;lan=en-US&amp;anchor=ICL&amp;index=1&amp;md5=20d38fb8e438f5aeb23fc33cf78eabdb">ICL</a> (NYSE:<a href="https://www.benzinga.com/stock/ICL#NYSE">ICL</a>) (TASE: ICL), a leading global specialty minerals company, today announced it has signed a joint venture (JV) agreement with <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fdynanonic.com%2Fenindex.aspx&amp;esheet=54181805&amp;newsitemid=20250116261144&amp;lan=en-US&amp;anchor=Shenzhen+Dynanonic+Co.%2C+Ltd.&amp;index=2&amp;md5=245fb7628f2460dace062849ee85d2e2">Shenzhen Dynanonic Co., Ltd.</a> to establish lithium iron phosphate (LFP) cathode active material (CAM) production in Europe, with an initial investment of approximately &euro;285 million. A new facility at ICL&#39;s Sallent, Spain, site is currently in planning stages and will substantially expand the company&#39;s battery materials business. The project demonstrates ICL&#39;s commitment to developing high-quality solutions for a sustainable supply chain and represents a significant step forward for the company&#39;s battery materials portfolio, this time into Europe.

Contracts

ICL Expands Joint Venture With Shenzhen Dynanonic With Additional Investment Of €285 Million For European LFP Cathode Material Production

ICL Appoints Elad Aharonson As President And CEO, Effective March 13, 2025

Management

General

ICL Announced That Raviv Zoller, The Company's President And CEO For The Past Seven Years, Is Expected To Leave In Early 2025, Following The Appointment Of A Replacement And A Formal Transition

WIIM

ICL Group shares are trading higher after the company reported better-than-expected Q3 adjusted EPS results and raised its FY24 specialties-driven EBITDA guidance.

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Earnings Scheduled For November 11, 2024

The company raised its guidance for full year 2024 and now expects specialties-driven EBITDA of between $0.95 billion to $1.05 billion, an increase from previous guidance of $0.8 billion to $1.0 billion. The company intends to limit its total 2024 annual potash sales volumes to 4.6 million metric tons, already committed, which is in-line with 2023 sales volumes and in expectation of improved conditions in 2025.

ICL Raised Its FY24 Guidance For Specialties-Driven EBITDA To $0.95B-$1.05B From $0.8B-$1B

ICL Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ICL#NYSE">ICL</a>) reported quarterly earnings of $0.11 per share which beat the analyst consensus estimate of $0.08 by 37.5 percent. This is unchanged from the same period last year. The company reported quarterly sales of $1.753 billion which missed the analyst consensus estimate of $1.788 billion by 1.98 percent. This is a 5.85 percent decrease over sales of $1.862 billion the same period last year.

Earnings Misses

ICL Group Q3 2024 Adj. EPS $0.11 Beats $0.08 Estimate, Sales $1.753B Miss $1.788B Estimate

ICL Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ICL#NYSE">ICL</a>) is preparing to release its quarterly earnings on Monday, 2024-11-11. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect ICL Group to report an earnings per share (EPS) of $0.09.
Anticipation surrounds ICL Group's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
<h3>Earnings History Snapshot</h3>
Last quarter the company beat EPS by $0.02, which was followed by a 0.95% increase in the share price the next day.
Here's a look at ICL Group's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.08</td>
<td>0.09</td>
<td>0.08</td>
<td>0.10</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.10</td>
<td>0.09</td>
<td>0.10</td>
<td>0.11</td>
</tr>
<tr>
<td>Price Change %</td>
<td>1.0%</td>
<td>-1.0%</td>
<td>4.0%</td>
<td>-3.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1731074516_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of ICL Group were trading at $4.23 as of November 07. Over the last 52-week period, shares are down 10.0%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release. 
<a href="https://www.benzinga.com/quote/ICL/earnings">To track all earnings releases for ICL Group visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ICL Group's Earnings: A Preview

Company signs MOU to supply key component for production of LiPF6 battery materials
ICL (NYSE:<a href="https://www.benzinga.com/stock/ICL#NYSE">ICL</a>) (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:<a class="ticker" href="https://www.benzinga.com/stock/ORBIA#BMV">ORBIA</a>) Fluor &amp; Energy Materials (OF&amp;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&amp;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 at its plants in Gallipolis Ferry, W.Va., and in Bitterfeld, Germany, and is considered a leading global supplier of this high-quality material necessary for this essential battery component.
This partnership allows ICL and OF&amp;EM to work together to advance electrification for both transportation and stationary applications and to bring the production of this critical component to North America. It will also enable them to optimize the performance, efficiency and safety of batteries used in consumer electronics, energy storage and other applications.

BMV:ORBIA

ICL Announced It Has Signed A MoU With Orbia Advance Corp., S.A.B. de C.V. Fluor & Energy Materials, As Both Companies Continue To Expand Their Presence In The North American Battery Materials Supply Chain

Biotech

SeaStar Medical Reports Strong Enrollment Progress In Pivotal Adult AKI Trial With 46 Total Subjects Enrolled; Trial Evaluates Safety And Efficacy Of Selective Cytopheretic Device For Acute Kidney Injury Patients In ICU

ICL Expands In China With New Food Specialty Plant In Zhangjiagang Free Trade Zone, Focuses On Innovative Solutions For Meat, Poultry, And Seafood Segments

Growing Solutions signs agreement with AMP Holdings Group for specialty water soluble fertilizers
ICL (NYSE:<a href="https://www.benzinga.com/stock/ICL#NYSE">ICL</a>) (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, vegetables, strawberries, ginger and grapes. It includes a minimum purchase commitment, with certain exclusivity conditions based on brand and region.

ICL Signed A 5-Year Agreement With AMP Holdings Group Co, Continues Global Specialty Fertilizers Expansion With ~$170M Distribution Agreement In China

ICL Group Ltd&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/icl#NYSE">ICL</a>) recorded profits of $115 million or 9 cents per share in second-quarter 2024, down from $163 million or 13 cents in the year-ago quarter.
Barring one-time items, adjusted earnings per share were 10 cents. The bottom line beat the Zacks Consensus Estimate of 9 cents.
Sales fell around 6% yearly to $1,752 million in the quarter. The figure beat the Zacks Consensus Estimate of $1,733.2 million.
<div class="chart_embed">
<h3>ICL Group Ltd. Price, Consensus and EPS Surprise</h3>
<img alt="ICL Group Ltd. Price, Consensus and EPS Surprise" src="https://staticx-tuner.zacks.com/images/charts/bc/1723803929.png" style="height:265px; width:570px" title="" />
ICL Group Ltd. price-consensus-eps-surprise-chart | ICL Group Ltd. Quote
</div>
<h3>Segment Highlights</h3>
Sales in the Industrial Products segment rose 5% year over year to $315 million in the quarter. EBITDA remained flat year over year at $74 million. This marks the third consecutive quarter of sequential EBITDA improvement, driven by ongoing cost-saving efforts and strengthening customer relationships.
Sales in the Potash segment dropped 27.5% year over year to $422 million in the said quarter. EBITDA also fell 44% year over year to $118 million.
Sales in the Phosphate Solutions segment inched up 1% year over year, reaching $572 million in the quarter. EBITDA rose 13% year over year to $146 million. This marks the second consecutive quarter of sequential sales improvement, with EBITDA up 11% sequentially. Pricing remained stable during the quarter, though evolving supply dynamics are anticipated to impact future performance.
Sales in the Growing Solutions segment rose 3% year over year to $494 million in the quarter. EBITDA nearly doubled from $22 million registered in the same period last year to $45 million.
<h3>Financials</h3>
At the end of the quarter, ICL had cash and cash equivalents of $287 million, down around 23% year over year. Long-term debt was $1,850 million, down nearly 13% year over year.
Cash provided by operating activities was $316 million in the reported quarter.
<h3>Guidance</h3>
The company updated its full-year 2024 guidance, now projecting specialties-driven EBITDA of $0.8 billion to $1 billion, compared with the previous guidance of $0.7 billion to $0.9 billion. The expected potash sales volumes remain unchanged in the range of 4.6-4.9 million metric tons.
<h3>Price Performance</h3>
ICL&#39;s shares have lost 31.1% in the past year compared with a 23.9% decline in the&nbsp;industry.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/18/74444.jpg?v=1004147804" />
Image Source: Zacks Investment Research
<h3>Zacks Rank &amp; Key Picks</h3>
ICL currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the Basic Materials space are Newmont Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nem#NYSE">NEM</a>), Franco-Nevada Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/fnv#NYSE">FNV</a>) and Agnico Eagle Mines Limited (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/aem#NYSE">AEM</a>). Newmont and Franco-Nevada sport a Zacks Rank #1 (Strong Buy), and Agnico Eagle carries a Zacks Rank #2 (Buy).
The Zacks Consensus Estimate for Newmont&#39;s current-year earnings is pegged at $2.82, indicating a rise of 75% from year-ago levels. The consensus estimate for NEM&#39;s earnings has increased 16% in the past 60 days.The stock has gained nearly 28.8% in the past year.
The Zacks Consensus Estimate for FNV&#39;s current-year earnings is pegged at $3.27. The consensus estimate for FNV&#39;s earnings has increased by 3% in the past 60 days. FNV beat the consensus estimate in the last four quarters, with the average earnings surprise being 10.5%.
The Zacks Consensus Estimate for AEM&#39;s current fiscal year earnings is pegged at $3.65, indicating a year-over-year rise of 63.7%. AEM&#39;s earnings beat the Zacks Consensus Estimate in all of the last four quarters, the average earnings surprise being 15.7%. The company&#39;s shares have increased 70% in the past year.
<a href="https://www.zacks.com/stock/news/2323338/icl-group-s-icl-earnings-and-revenues-beat-estimates-in-q2?cid=CS-BENZ-FT-analyst_blog|earnings_article-2323338">To read this article on Zacks.com click here.</a>

ICL Group's Earnings and Revenues Beat Estimates in Q2

Barclays analyst Benjamin Theurer maintains ICL Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ICL#NYSE">ICL</a>) with a Underweight and lowers the price target from $4.5 to $4.

Price Target

Barclays Maintains Underweight on ICL Group, Lowers Price Target to $4

ICL shares are trading higher after the company raised FY24 guidance.

The company raised its guidance for full year 2024 and now expects specialties-driven EBITDA of between $0.8 billion to $1.0 billion, an increase from previous guidance of $0.7 billion to $0.9 billion, without any change to expected potash sales volumes

ICL Raised Its 2024 Guidance For Specialties-Driven EBITDA To $0.8B-$1B, From $0.7B-$0.9B

ICL Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ICL#NYSE">ICL</a>) reported quarterly earnings of $0.10 per share which beat the analyst consensus estimate of $0.09 by 11.11 percent. This is a 23.08 percent decrease over earnings of $0.13 per share from the same period last year. The company reported quarterly sales of $1.752 billion which missed the analyst consensus estimate of $1.759 billion by 0.40 percent. This is a 4.26 percent decrease over sales of $1.830 billion the same period last year.

ICL Group Q2 2024 Adj. EPS $0.10 Beats $0.09 Estimate, Sales $1.752B Miss $1.759B Estimate

U.S. stock futures were higher this morning, with the Dow futures gaining around 150 points on Monday.
Shares of Abbott Laboratories (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABT#NYSE">ABT</a>) fell in today&#8217;s pre-market trading after the company was ordered to pay $495 million in damages in its baby formula case.
Abbott shares lost 6.6% to $98.29 in pre-market trading
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<li>Integra LifeSciences Holdings Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IART#NASDAQ">IART</a>) dipped 20.5% to $25.00 in pre-market trading after the company reported second-quarter results and lowered its FY24 outlook.</li>
<li>NewAmsterdam Pharma Company N.V. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NAMS#NASDAQ">NAMS</a>) fell 13.8% to $16.26 in pre-market trading as the company announced topline data from pivotal Phase 3 BROOKLYN clinical trial evaluating Obicetrapib in patients wth Heterozygous Familial Hypercholesterolemia.</li>
<li>EZCORP, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EZPW#NASDAQ">EZPW</a>) shares declined 8.8% to $9.41 in pre-market trading.</li>
<li>GeoPark Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GPRK#NYSE">GPRK</a>) shares fell 6.5% to $9.52 in pre-market trading. GeoPark, last week, issued second quarter operational update.</li>
<li>Immutep Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IMMP#NASDAQ">IMMP</a>) shares dipped 6.5% to $2.03 in pre-market trading. Immutep, last week, announced successful meeting with the FDA on Phase III design in non-small cell lung cancer.</li>
<li>Iovance Biotherapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IOVA#NASDAQ">IOVA</a>) shares fell 5.4% to $8.75 in pre-market trading.</li>
<li>ICL Group Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ICL#NYSE">ICL</a>) shares fell 4.1% to $4.43 in pre-market trading. ICL will release second quarter results before the opening of the TASE market on Wednesday, Aug. 14.</li>
<li>PDD Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>) slipped 3% to $126.84 in pre-market trading.</li>
</ul>
Now Read This: 
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<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/07/39984123/jim-cramer-is-mystified-by-five-below-predicts-crowdstrike-is-going-to-bottom-here">Jim Cramer Is &#8216;Mystified&#8217; By Five Below, Predicts CrowdStrike &#8216;Is Going To Bottom Here&#8217;</a></li>
</ul>

Abbott, Integra LifeSciences And Other Big Stocks Moving Lower In Monday's Pre-Market Session

More than one dozen novel microbes identified for row crops&nbsp;suffering from extreme weather conditions
TEL AVIV and REHOVOT, Israel, July 17, 2024 /PRNewswire/ -- ICL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ICL#NYSE">ICL</a>) (TASE: ICL), a leading global specialty minerals company, and Lavie Bio Ltd., a leading ag-biologicals company and subsidiary of Evogene Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVGN#NASDAQ">EVGN</a>) (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 under extreme weather conditions, including drought.&nbsp; While this process can normally take several years, the collaboration achieved success within its first 12 months – thanks to Lavie Bio's proprietary Biology Driven Design (BDD) technology platform.

EVGN

ICL And Lavie Bio Leverage AI To Make Significant Advancement In Development Of Yield Increasing Bio-Stimulants

Editor&#8217;s note: This story has been updated with additional details.
Multiple stocks on the New York Stock Exchange experienced sudden trading halts after 9:40 a.m. ET Monday <a href="https://www.benzinga.com/topic/nyse">due to technical issues.</a>
The unexpected pauses in trading were triggered by a technical issue categorized under the &#8220;Limit Up/Limit Down&#8221; code, which is typically used to curb excessive volatility in a single stock.
The NYSE said it is investigating the reported technical issue. &#8220;Additional information will follow as soon as possible,&#8221; NYSE-owner Intercontinental Exchange Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ICE#NYSE">ICE</a>) stated. 
Among the largest companies halted on Monday were Berkshire Hathaway Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) at 9:50:52 a.m. ET and Chipotle Mexican Grill, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>) at 9:44:58 a.m. ET. 
Chipotle shares experienced a sudden and dramatic decline of 66%, plummeting from $3,097 to $1,047. The stock resumed trading at 10:21 a.m.
At 9:49 a.m., ET shares of Berkshire Hathaway faced an even more severe downturn, nearly being wiped out with a staggering 99.7% collapse from $622,375 to $185.10. As of this update, trading has not yet resumed for the company owned by Warren Buffett.
Monday&#8217;s technical malfunctions on the NYSE occur just one week after U.S. stock exchanges transitioned to a <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/39039375/t-1-settlement-era-on-trading-begins-what-you-need-to-know">one-day settlement period.</a>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="500" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03101722/image-4-1024x500.png" alt="" class="wp-image-368052" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03101722/image-4-1024x500.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03101722/image-4-300x147.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03101722/image-4-768x375.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03101722/image-4-1536x750.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03101722/image-4.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="500" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03102012/image-5-1024x500.png" alt="" class="wp-image-368067" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03102012/image-5-1024x500.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03102012/image-5-300x147.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03102012/image-5-768x375.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03102012/image-5-1536x750.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03102012/image-5.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
<h3 class="wp-block-heading">Other Stocks Impacted </h3>
Other stocks affected by the sudden technical glitch on the New York Stock Exchange in Monday trading include:
<ul>
<li>Abbott Laboratories (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABT#NYSE">ABT</a>)</li>
<li>Barrick Gold Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GOLD#NYSE">GOLD</a>)</li>
<li>Franco-Nevada Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNV#NYSE">FNV</a>)</li>
<li>Essex Property Trust, Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESS#NYSE">ESS</a>)</li>
<li>NuScale Power Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMR#NYSE">SMR</a>)</li>
<li>Destiny Tech100 Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DXYZ#NYSE">DXYZ</a>)</li>
<li>Ault Disruptive Technologies Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADRT#NYSE">ADRT</a>)</li>
<li>Nouveau Monde Graphite Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NMG#NYSE">NMG</a>)</li>
<li>Bowhead Specialty Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BOW#NYSE">BOW</a>)</li>
<li>Banco Santander-Chile (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BSAC#NYSE">BSAC</a>)</li>
<li>Logistic Properties of the Americas (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LPA#NYSE">LPA</a>)</li>
<li>Xperi Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPER#NYSE">XPER</a>)</li>
<li>ICL Group Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ICL#NYSE">ICL</a>)</li>
<li>Telefonica, S.A. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TEF#NYSE">TEF</a>)</li>
<li>Trinity Industries, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRN#NYSE">TRN</a>)</li>
</ul>
The technical fallout also impacted trading on the following NYSE-Arca listed exchange traded funds:
<ul>
<li>Direxion Daily Aerospace &amp; Defense Bull 3X Shares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DFEN#NYSE">DFEN</a>)</li>
<li>MAX S&amp;P 500 4x Leveraged ETN (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UPRO#NYSE">UPRO</a>)</li>
<li>JPMorgan Core Plus Bond ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JCPB#NYSE">JCPB</a>)</li>
<li>Global X MSCI Argentina ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARGT#NYSE">ARGT</a>)</li>
<li>Nationwide Nasdaq-100 Risk-Managed Income ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NUSI#NYSE">NUSI</a>)</li>
<li>SPDR S&amp;P Semiconductor ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XSD#NYSE">XSD</a>)</li>
</ul>
Read now: <a href="https://www.benzinga.com/news/24/06/39136240/koss-corp-tupperware-blackberry-shares-are-moving-monday-whats-going-on">Koss Corp, Tupperware, BlackBerry Shares Are Moving Monday: What&#8217;s Going On?</a>
Photo via Shutterstock.

Equities

ETFs

ADRT

ARGT

BSAC

DFEN

DXYZ

GOLD

JCPB

NUSI

UPRO

XPER

Berkshire Hathaway, Chipotle, More NYSE Stocks Hit With Trading Halts Triggered By Technical Issues (UPDATED)

The agriculture sector offers promising investment opportunities due to rising food demand, increasing commodity prices, and technological advancements, ensuring strong gains. This makes Deere (DE), ICL Group (ICL), and Dole (DOLE) ideal investment choices now. Keep reading... The agriculture industry is thriving, driven by rising food consumption and increased demand for agricultural production. Higher food and commodity prices further boost the sector by enhancing incomes and incentivizing growth. In this dynamic environment, top agriculture stocks like Deere &amp; Company (<a href="https://stocknews.com/stock/DE/">DE</a>), ICL Group Ltd (<a href="https://stocknews.com/stock/ICL/">ICL</a>), and Dole plc (<a href="https://stocknews.com/stock/DOLE/">DOLE</a>), are well-positioned for significant gains.
With a growing global population, food prices rose by <a href="https://www.ers.usda.gov/data-products/food-price-outlook/summary-findings/#:~:text=In%202025%2C%20overall%20food%20prices,of%20%2D1.2%20to%205.2%20percent.">2.4% from November 2023</a> to November 2024. Rising commodity prices, such as of cocoa and coffee, signal potential gains for producers amid smaller harvests and strong global demand. The global agriculture market, projected to reach <a href="https://www.researchandmarkets.com/report/agriculture">$19.29 trillion by 2028</a> with a CAGR of 7.7%, highlights the sector's promise.
Furthermore, this demand for food has accelerated the adoption of advanced farming technologies, agtech, and AI integration, especially in industrial farm machinery. These innovations are enhancing productivity and resilience, positioning the agriculture sector as a promising investment opportunity. Hence, global demand for agricultural equipment is projected to grow <a href="https://www.globenewswire.com/news-release/2024/12/16/2997764/0/en/Global-Agricultural-Equipment-Market-Report-2024-Varying-Outlooks-for-the-Dominant-US-Chinese-Agricultural-Equipment-Markets.html">3.6% annually</a>, reaching $216 billion by 2028.
Given these positive trends, let's examine the fundamentals of the three agriculture stocks.
Deere &amp; Company (<a href="https://stocknews.com/stock/DE/">DE</a>)
DE engages in the manufacture and distribution of various equipment worldwide. The company operates through four segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services.
On October 15, 2024, DE unveiled new Z900 EFI ZTrak Mowers and expanded QuikTrak Stand-On Mower deck options at the 2024 Equip Expo. These enhancements aim to improve performance, efficiency, and durability for professional landscape contractors.
On October 1, 2024, DE and DeLaval launched the Milk Sustainability Center, a digital platform that integrates agronomic and animal performance data to help dairy farmers improve efficiency and sustainability.
In terms of the trailing-12-month net income margin, DE's 13.78% is 113.2% higher than the 6.46% industry average. Likewise, its 31.82% trailing-12-month <a href="https://www.investopedia.com/terms/r/returnonequity.asp">Return on Common Equity</a> is 136.6% higher than the 13.45% industry average. Furthermore, its 9.32% trailing-12-month Capex / Sales is 226.3% higher than the 2.86% industry average.
In the fiscal fourth quarter ended October 27, 2024, DE's total revenue amounted to $11.14 billion. Similarly, the company's attributable net income and EPS were $1.25 billion and $4.55, respectively. Moreover, as of October 27, 2024, DE's total assets stood at $107.32 billion, compared to $104.09 billion as of October 29, 2023.
Analysts expect DE's EPS and revenue for fiscal 2026 to increase 15.3% and 7.5% year-over-year to $22.74 and $42.01 billion, respectively. It surpassed the consensus EPS estimates in each of the trailing four quarters. DE's stock has gained 13.4% over the past six months to close the last trading session at $432.49.
DE's positive outlook is reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The POWR ratings assess stocks by 118 different factors, each with its own weighting.
It has a B grade for Momentum. It is ranked #70 out of 79 stocks in the A-rated <a href="https://stocknews.com/category/industrial-machinery/">Industrial - Machinery</a> industry. To access other ratings of DE for Growth, Value, Stability, Sentiment, and Quality, <a href="https://stocknews.com/stock/DE/">click here</a>.
ICL Group Ltd (<a href="https://stocknews.com/stock/ICL/">ICL</a>)
Headquartered in Tel Aviv, Israel, ICL and its subsidiaries operate as a specialty minerals and chemicals company worldwide. It operates in four segments: Industrial Products, Potash, Phosphate Solutions, and Growing Solutions.
On December 13, 2024, ICL announced the launch of VeriQuel R100, an innovative phosphorus-based flame retardant for rigid polyurethane insulation, offering enhanced sustainability and fire safety. The product aligns with stricter environmental regulations and is compatible with existing manufacturing processes.
In terms of the trailing-12-month EBIT margin, ICL's 11.01% is 2.4% higher than the 10.76% industry average. Its 5.83% trailing-12-month net income margin is 16.3% higher than the 5.01% industry average. Also, its 3.50% trailing-12-month Return on Total Assets is 44.3% higher than the 2.42% industry average.
During the third quarter ended September 30, 2024, ICL's sales came in at $1.75 billion, and its adjusted operating income stood at $243 million, up 7% year-over-year. The company's adjusted net income attributable to shareholders and adjusted earnings per share came in at $113 million and $0.11, respectively. Also, its adjusted EBITDA rose 10.7% year-over-year to $383 million.
Street expects ICL's EPS for the quarter ending March 31, 2025, to increase 29.4% year-over-year to $0.12. Its revenue for fiscal 2025 is expected to grow 5.5% year-over-year to $7.32 billion. ICL surpassed the Street EPS estimates in each of the trailing four quarters. Over the past three months, the stock has gained 28.2% to close the last trading session at $4.87.
ICL's POWR Ratings reflect strong prospects. It has an overall rating of A, which translates to a Strong Buy in our proprietary rating system.
ICL is ranked first out of 24 stocks in the <a href="https://stocknews.com/category/agriculture/">Agriculture</a> industry. It has a B grade for Value, Stability, Sentiment, and Quality. In addition to the POWR Ratings grades I've just highlighted, you can see ICL's ratings for Growth and Momentum, <a href="https://stocknews.com/stock/ICL/">here</a>.
Dole plc (<a href="https://stocknews.com/stock/DOLE/">DOLE</a>)
Headquartered in Dublin, Ireland, DOLE engages in sourcing, processing, marketing, and distributing fresh fruit and vegetables worldwide. The company operates through three segments: Fresh Fruit; Diversified Fresh Produce - EMEA; and Diversified Fresh Produce - Americas and ROW. It offers bananas, pineapples, grapes, berries, avocados, organic produce, cherries, apples, potatoes, and onions.
In terms of the trailing-12-month Return on Common Equity, DOLE's 11.35% is 7.6% higher than the 10.55% industry average. Similarly, its 1.85x trailing-12-month asset turnover ratio is 114.9% higher than the 0.86x industry average. Its 4.14% trailing-12-month Return on Total Assets is 7.7% higher than the 3.85% industry average.
DOLE's net revenue increased 2.2% year-over-year, amounting to $6.31 billion for the nine months ended September 30, 2024. Similarly, its adjusted net income was $105.62 million, up 2.3% year-over-year, while its adjusted EPS rose marginally from the year-ago value of $1.11.  Also, the company's adjusted EBITDA increased 3% from the prior year's period to $317.59 million.
For the quarter ending March 31, 2025, DOLE's EPS is expected to increase 4.9% year-over-year to $0.45. Its revenue for the quarter ending June 30, 2025, is expected to rise marginally year-over-year to $2.14 billion. It surpassed the consensus EPS estimates in three of the trailing four quarters. The stock has gained 14.8% over the past nine months to close the last trading session at $13.70.
DOLE's bright outlook is reflected in its POWR Ratings. It has an overall rating of B, translating to a Buy in our proprietary rating system.
It has a B grade for Value and Stability. It is ranked #2 in the Agriculture industry. To see DOLE's Growth, Momentum, Sentiment, and Quality ratings, <a href="https://stocknews.com/stock/DOLE/">click here</a>.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
DE shares were trading at $429.25 per share on Monday afternoon, down $3.24 (-0.75%). Year-to-date, DE has gained 8.55%, versus a 25.81% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Abhishek Bhuyan</h2> <img src='https:/wp-content/uploads/2023/07/ABhuyan.jpg' style="float:left; padding:5px;width:125px;">Abhishek embarked on his professional journey as a financial journalist due to his keen interest in discerning the fundamental factors that influence the future performance of financial instruments.<a href="https://stocknews.com/authors/?author=abhishek-bhuyan">More...</a>The post <a href=https://stocknews.com/news/de-icl-dole-3-agriculture-stocks-growing-with-rising-commodity-prices/>3 Agriculture Stocks Growing With Rising Commodity Prices</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Agriculture Stocks Growing With Rising Commodity Prices

The agriculture sector is an excellent choice for sustainable investors, driven by growing global demand, technological advancements, sustainable practices, and eco-friendly food trends fueling future growth. Therefore, agriculture stocks such as Mission Produce (AVO), Dole (DOLE), and ICL (ICL), which are shaping the future, are ideal investment options right now. Keep reading... The agriculture sector holds a promising long-term outlook, driven by technological advancements and economies of scale that are boosting global yield growth. A growing emphasis on sustainable use of land, water, and energy resources further strengthens this momentum.
In this context, leading agriculture stocks that are feeding the future, such as Mission Produce, Inc. (<a href="https://stocknews.com/stock/AVO/">AVO</a>), Dole plc (<a href="https://stocknews.com/stock/DOLE/">DOLE</a>), and ICL Group Ltd (<a href="https://stocknews.com/stock/ICL/">ICL</a>), are poised for substantial growth.
The agricultural industry is expanding. With a rising population and rapid urbanization, the demand for diverse, high-quality food is surging. Additionally, increasing meat consumption is driving the need for more feed crops, further accelerating growth across the agriculture sector. Notably, the global agriculture market is projected to reach $19.29 trillion by 2028, growing at a <a href="https://www.researchandmarkets.com/report/agriculture">7.7% CAGR</a>.
The rising demand for organic, locally sourced, and eco-friendly foods is transforming agricultural practices and supply chains. A strong focus on soil health, water conservation, biodiversity, and minimizing chemical use supports ecological balance and ensures sustainable productivity. With the sustainable agriculture sector expected to grow at a robust <a href="https://www.marketsandmarkets.com/Market-Reports/sustainable-agriculture-market-4459556.html">6.1% CAGR</a> from 2024 to 2029, the future looks promising.
Furthermore, government incentives, consumer education, and technological integration foster widespread adoption and continued sector growth. Given these positive trends, let's examine the fundamentals of the three featured <a href="https://stocknews.com/category/agriculture/">Agriculture</a> stocks, beginning with the third choice.
Stock #3: Mission Produce, Inc. (<a href="https://stocknews.com/stock/AVO/">AVO</a>)
AVO engages in the sourcing, farming, packaging, marketing, and distribution of avocados, mangoes, and blueberries to food retailers, distributors, and food service customers internationally.
In terms of the trailing-12-month <a href="https://www.investopedia.com/terms/a/assetturnover.asp">asset turnover ratio</a>, AVO's 1.31x is 51.1% higher than the 0.87x industry average.
In the fiscal fourth quarter ended October 31, 2024, AVO's net sales increased 37.4% year-over-year to $354.50 million. Similarly, its operating income reached $28.60 million, up 297.2% compared to the prior-year quarter. Moreover, the company's attributable net income and net income per share rose 332.5% and 300% year-over-year to $17.30 million and $0.24 per share, respectively.
Analysts expect AVO's revenue for the quarter ending January 31, 2025, to increase 10.4% year-over-year to $285.60 million. AVO's stock has gained 35.3% over the past six months to close the last trading session at $13.20.
AVO's positive outlook is reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. It has an overall rating of B, which translates to a Buy in our proprietary rating system. The POWR ratings assess stocks by 118 different factors, each with its own weighting.
It has an A grade for Growth and a B for Sentiment. It is ranked #3 out of 24 stocks in the <a href="https://stocknews.com/category/agriculture/">Agriculture</a> industry. To access other ratings of AVO for Value, Momentum, Stability, and Quality, <a href="https://stocknews.com/stock/AVO/">click here</a>.
Stock #2: Dole plc (<a href="https://stocknews.com/stock/DOLE/">DOLE</a>)
Headquartered in Dublin, Ireland, DOLE engages in sourcing, processing, marketing, and distributing fresh fruit and vegetables worldwide. The company operates through three segments: Fresh Fruit; Diversified Fresh Produce - EMEA; and Diversified Fresh Produce - Americas and ROW. It offers bananas, pineapples, grapes, berries, avocados, organic produce, cherries, apples, potatoes, and onions.
In terms of the trailing-12-month Return on Common Equity, DOLE's 11.35% is 7% higher than the 10.62% industry average. Similarly, its 1.85x trailing-12-month asset turnover ratio is 113.6% higher than the 0.87x industry average. Its 4.14% trailing-12-month Return on Total Assets is 7.9% higher than the 3.84% industry average.
DOLE's net revenue increased 2.2% year-over-year, amounting to $6.31 billion for the nine months ended September 30, 2024. Similarly, its adjusted net income was $105.62 million, up 2.3% year-over-year, while its adjusted EPS rose marginally from the year-ago value of $1.11. Also, the company's adjusted EBITDA increased 3% from the prior year's period to $317.59 million.
For the quarter ending March 31, 2025, DOLE's EPS is expected to increase 4.9% year-over-year to $0.45. Its revenue for the quarter ending June 30, 2025, is expected to rise marginally year-over-year to $2.14 billion. It surpassed the consensus EPS estimates in three of the trailing four quarters. The stock has gained 9.7% over the past nine months to close the last trading session at $12.83.
DOLE's bright outlook is reflected in its POWR Ratings. It has an overall rating of B, translating to a Buy in our proprietary rating system.
It has a B grade for Value and Stability. It is ranked #2 in the same industry. To see DOLE's Growth, Momentum, Sentiment, and Quality ratings, <a href="https://stocknews.com/stock/DOLE/">click here</a>.
Stock #1: ICL Group Ltd (<a href="https://stocknews.com/stock/ICL/">ICL</a>)
Headquartered in Tel Aviv, Israel, ICL and its subsidiaries operate as a specialty minerals and chemicals company worldwide. It operates in four segments: Industrial Products, Potash, Phosphate Solutions, and Growing Solutions.
On December 13, 2024, ICL introduced VeriQuel R100, a new phosphorus-based flame retardant for rigid polyurethane insulation. It improves sustainability and fire safety, meets stricter environmental rules, and works seamlessly with current manufacturing methods.
In terms of the trailing-12-month EBIT margin, ICL's 11.01% is 2.7% higher than the 10.72% industry average. Its 5.83% trailing-12-month net income margin is 18.1% higher than the 4.94% industry average. Also, its 3.50% trailing-12-month Return on Total Assets is 47.5% higher than the 2.37% industry average.
During the third quarter ended September 30, 2024, ICL's sales came in at $1.75 billion, and its adjusted operating income stood at $243 million, up 7% year-over-year. The company's adjusted net income attributable to shareholders and adjusted earnings per share came in at $113 million and $0.11, respectively. Also, its adjusted EBITDA rose 10.7% year-over-year to $383 million.
Street expects ICL's EPS for the quarter ending March 31, 2025, to increase 19.6% year-over-year to $0.11. Its revenue for fiscal 2025 is expected to grow 5.3% year-over-year to $7.31 billion. ICL surpassed the Street EPS estimates in each of the trailing four quarters. Over the past three months, the stock has gained 25.7% to close the last trading session at $5.23.
ICL's POWR Ratings reflect strong prospects. It has an overall rating of A, which translates to a Strong Buy in our proprietary rating system.
ICL is ranked first in the Agriculture industry. It has a B grade for Value, Stability, Sentiment, and Quality. In addition to the POWR Ratings grades I've just highlighted, you can see ICL's ratings for Growth and Momentum, <a href="https://stocknews.com/stock/ICL/">here</a>.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
ICL shares were trading at $5.24 per share on Tuesday afternoon, up $0.01 (+0.19%). Year-to-date, ICL has gained 6.07%, versus a 0.84% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Abhishek Bhuyan</h2> <img src='https:/wp-content/uploads/2023/07/ABhuyan.jpg' style="float:left; padding:5px;width:125px;">Abhishek embarked on his professional journey as a financial journalist due to his keen interest in discerning the fundamental factors that influence the future performance of financial instruments.<a href="https://stocknews.com/authors/?author=abhishek-bhuyan">More...</a>The post <a href=https://stocknews.com/news/icl-avo-dole-3-sustainable-agriculture-stocks-feeding-the-future/>3 Sustainable Agriculture Stocks Feeding the Future</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Sustainable Agriculture Stocks Feeding the Future

With increasingly evolving industries, the demand for materials has also seen a surge in recent years. Thus, investors looking to capitalize on this growth could invest in fundamentally stable materials stocks Tenaris (TS), ICL Group (ICL), and Kronos Worldwide (KRO). Read on... The materials industry has seen significant growth driven by escalating demand in sectors such as construction, technology, and agriculture. Increased infrastructure investment and the rising need for specialty chemicals in electronics, automotive, and pharmaceuticals have propelled the demand for steel and chemicals.
Amid this backdrop, investing in fundamentally stable materials stocks, Tenaris S.A. (<a href="https://stocknews.com/stock/TS/">TS</a>), ICL Group Ltd (<a href="https://stocknews.com/stock/ICL/">ICL</a>), and Kronos Worldwide, Inc. (<a href="https://stocknews.com/stock/KRO/">KRO</a>) could be the move for investors looking to capitalize on this growing demand.
Steel remains essential for large-scale infrastructure projects, with the U.S. Census Bureau <a href="https://www.census.gov/construction/c30/current/index.html">reporting a 3% increase</a> in construction spending in November 2024, signaling strong demand. Meanwhile, global economic growth fuels rising demand for chemicals, particularly in the agrochemical sector, where specialty chemicals are vital for producing advanced pesticides and fertilizers.
Further, a report by TechNavio reveals that the specialty chemicals market is set to grow <a href="https://www.technavio.com/report/specialty-chemicals-market-industry-analysis">by $368.20 million by 2028</a> at a 6.8% CAGR. This surge underscores the sector's robust potential.
Now, let us dive deep into the fundamentals of three materials stocks, starting with #3:
Tenaris S.A. (<a href="https://stocknews.com/stock/TS/">TS</a>)
Headquartered in Luxembourg City, Luxembourg, TS manufactures and distributes steel pipes for the energy industry and other industrial applications. The company's offerings include steel casings, steel tubing, steel line pipes. storage tanks and loading and distribution centers, mechanical and structural pipes and more.
TS' trailing-12-month net income margin of 20.23% is 76.6% higher than the industry average of 11.45%. Its trailing-12-month levered FCF margin of 15.12% is 117.8% higher than the sector average of 6.94%. Likewise, the stock's asset turnover ratio of 0.64x is 35.4% higher than the industry average of 0.47x.
For the fiscal 2024 third quarter that ended September 30, TS' <a href="https://www.investopedia.com/terms/n/netsales.asp">net sales</a> came in at $2.92 billion. Its operating income was reported to be $537.10 million. Additionally, the company's net income and EPS amounted to $459 million and $0.40, respectively.
Analysts expect TS' revenue for the fiscal year ending December 2025 to come in at $12.43 billion. Its EPS for the same period is expected to increase 3.3% year-over-year to $3.59. Moreover, the company surpassed consensus revenue estimates in each of the four trailing quarters, which is noteworthy.
Shares of TS surged 21.8% over the past three months and 25.7% over the past six months to close the last trading session at $39.23.
TS' <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect its solid fundamentals. The stock has an overall rating of B, translating to a Buy in our proprietary rating system. The POWR Ratings assess stocks by 118 different factors, each with its own weighting.
TS has a B grade for Stability, Sentiment, and Quality. Within the <a href="https://stocknews.com/category/steel/">Steel</a> industry, it is ranked #7 out of 30 stocks.
In addition to the POWR Rating highlighted above, you can check TS' ratings for Growth, Momentum, and Value <a href="https://stocknews.com/stock/TS/">here</a>.
ICL Group Ltd (<a href="https://stocknews.com/stock/ICL/">ICL</a>)
Headquartered in Tel Aviv, Israel, ICL is a specialty minerals and chemicals company. The company has four segments: Industrial Products; Potash; Phosphate Solutions; and Growing Solutions.
On December 13, 2024, ICL <a href="https://investors.icl-group.com/reports-news-and-events/press-releases/press-releases-details/2024/ICL-Unveils-Breakthrough-in-Flame-Retardant-Technology/default.aspx">announced the launch</a> of VeriQuel R100, an innovative, reactive phosphorus flame retardant (FR) designed for rigid polyurethane insulation products. The new release aims to provide manufacturers with a high-performance, environmentally responsible solution without compromising on fire safety.
ICL's trailing-12-month gross profit margin of 32.91% is 12.9% higher than the industry average of 36.19%. Its trailing-12-month EBITDA margin of 18.08% is 10.2% higher than the 16.41% industry average. Additionally, the stock's trailing-12-month net income margin of 5.83% is 20.2% higher than the sector average of 4.85%.
For the fiscal 2024 third quarter that ended September 30, ICL's sales came in at $1.75 billion. Its adjusted operating income increased 7% year-over-year to $243 million.
Moreover, adjusted net income attributable to shareholders and adjusted EPS amounted to $113 million and $0.11, respectively.
Street expects ICL's revenue and EPS for the fiscal year ending December 2025 to increase 5.3% and 15.8% year-over-year to $7.31 billion and $0.44, respectively. Moreover, the company has surpassed consensus EPS estimates in all four trailing quarters, which is impressive.
ICL's shares have surged 11.2% over the past month and 42.1% over the past three months to close the last trading session at $5.67.
ICL's strong fundamentals are mirrored in its POWR Ratings. The stock has an overall rating of A, translating to a Strong Buy in our proprietary rating system.
ICL has a B grade for Value, Sentiment, Quality, and Stability. The stock has topped the 24-stock <a href="https://stocknews.com/category/agriculture/">Agriculture</a> industry.
To access ICL's Growth and Momentum ratings, <a href="https://stocknews.com/stock/ICL/">click here</a>.
Kronos Worldwide, Inc. (<a href="https://stocknews.com/stock/KRO/">KRO</a>)
KRO produces and markets value-added titanium dioxide pigments (TiO2). These pigments are used in paints, coatings, plastics, paper, fibers, and specialty products like inks, cosmetics, and foods.
KRO's trailing-12-month net income margin of 5.05% is 4.1% higher than the industry average of 4.85%. Its trailing-12-month ROCE of 11.20% is 94.6% higher than the sector average of 5.75%. Likewise, the stock's asset turnover ratio of 1.02x is 55.6% higher than the industry average of 0.66x.
For the fiscal 2024 third quarter that ended September 30, KRO's net sales increased 22.1% year-over-year to $484.70 million. Its income from operations came in at $38.90 million, compared to a loss of $25.30 million in the prior year's quarter.
Additionally, the company's net income and net income per share amounted to $71.80 million and $0.62, compared to a net loss and loss per share of $20.40 million and $0.18 in the previous year's quarter, respectively.
The consensus revenue and EPS estimates of $536.15 million and $0.15 for the fiscal 2025 first quarter (ending March 2025) exhibit a year-over-year rise of 12% and 115%, respectively.
Shares of KRO have surged 1.8% over the past five days to close the last trading session at $9.14.
KRO's POWR Ratings reflect its robust prospects. The stock has an overall rating of B, equating to a Buy in our proprietary rating system.
KRO has an A grade for Growth and a B for Value and Sentiment. Within the B-rated <a href="https://stocknews.com/category/chemicals/">Chemicals</a> industry, KRO is ranked #9 out of 81 stocks.
<a href="https://stocknews.com/stock/KRO/">Click here</a> to access KRO's ratings for Momentum, Stability, and Quality.
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TS shares fell $0.03 (-0.08%) in premarket trading Wednesday. Year-to-date, TS has gained 3.81%, versus a -0.66% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Aritra_Gangopadhyay</h2> <img src='https:/wp-content/uploads/2025/01/Aritra_Gangopadhyay.png' style="float:left; padding:5px;width:125px;">Aritra is a financial journalist dedicated to breaking down complex financial topics into simple, actionable insights. Holding a Master's degree in Economics, he uses his analytical expertise to help investors uncover unique opportunities for long-term success.<a href="https://stocknews.com/authors/?author=aritra-gangopadhyay">More...</a>The post <a href=https://stocknews.com/news/ts-icl-kro-3-materials-stocks-with-growing-demand/>3 Materials Stocks With Growing Demand</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Materials Stocks With Growing Demand

Icl ( ($ICL) ) has provided an update. ICL Group Ltd. announced a joint venture agreement with Shenzhen Dynanonic to produce lithium iron phosphate...

ICL Group to Establish LFP Production Facility in Spain

ICL signs strategic agreement with Dynanonic to produce lithium iron phosphate

ICL (ICL) has signed a joint venture – JV – agreement with Shenzhen Dynanonic to establish lithium iron phosphate, or LFP, cathode active material ...

ICL signs JV agreement to produce lithium iron phosphate for European market

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Press Releases

ICL Expands Further into North American Energy Storage Supply Chain by Partnering with Orbia Fluor & Energy Materials

ICL Recognized by Fortune as a Company That is Changing the World

ICL Announces Third Quarter 2024 Earnings Call

ICL Reports Third Quarter 2024 Results

Small Cap

Israel Corp. Reports Results for Third Quarter of 2024

ICL Announces Planned Departure of President and CEO Raviv Zoller

ICL Unveils Breakthrough in Flame Retardant Technology

ICL Announces Follow-On Investment in Plantible Foods and Celebrates Industry Recognition for Innovative Food Ingredient

ICL Announces Appointment of Elad Aharonson as New President and Chief Executive Officer

ICL Signs Strategic Agreement with Dynanonic to Produce Lithium Iron Phosphate for European Battery Market

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