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ICG Group Inc Stock Upgraded (ICGE)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- ICG Group (Nasdaq: ICGE) has been upgraded by TheStreet Ratings from hold to buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, compelling growth in net income, expanding profit margins and notable return on equity. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

Highlights from the ratings report include:

  • The revenue growth came in higher than the industry average of 28.2%. Since the same quarter one year prior, revenues rose by 45.8%. Growth in the company's revenue appears to have helped boost the earnings per share.
  • Powered by its strong earnings growth of 837.50% and other important driving factors, this stock has surged by 30.43% over the past year, outperforming the rise in the S&P 500 Index during the same period. Turning to the future, naturally, any stock can fall in a major bear market. However, in almost any other environment, the stock should continue to move higher despite the fact that it has already enjoyed nice gains in the past year.
  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Capital Markets industry. The net income increased by 821.7% when compared to the same quarter one year prior, rising from -$2.96 million to $21.34 million.
  • 41.90% is the gross profit margin for ICG GROUP INC which we consider to be strong. Regardless of ICGE's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, ICGE's net profit margin of 41.60% significantly outperformed against the industry.
  • Current return on equity exceeded its ROE from the same quarter one year prior. This is a clear sign of strength within the company. Compared to other companies in the Capital Markets industry and the overall market on the basis of return on equity, ICG GROUP INC has outperformed in comparison with the industry average, but has underperformed when compared to that of the S&P 500.
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ICG Group, Inc. is a private equity and venture capital firm specializing in growth capital, acquisitions, and mid and late venture investments in public and private companies. The company has a P/E ratio of 216.2, above the S&P 500 P/E ratio of 17.7. ICG Group has a market cap of $400.1 million and is part of the services sector and diversified services industry. Shares are up 40% year to date as of the close of trading on Tuesday.

You can view the full ICG Group Ratings Report or get investment ideas from our investment research center.

-- Written by a member of TheStreet Ratings Staff

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

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