Shares of ICF International Inc (NASDAQ:ICFI) have received an average recommendation of “Hold” from the nine analysts that are presently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $87.80.
Several analysts recently issued reports on the stock. Zacks Investment Research lowered shares of ICF International from a “hold” rating to a “sell” rating and set a $68.00 price target on the stock. in a research report on Tuesday, June 2nd. Canaccord Genuity dropped their price target on shares of ICF International from $88.00 to $80.00 and set a “buy” rating for the company in a research note on Monday, May 18th. SunTrust Banks dropped their price target on shares of ICF International from $110.00 to $95.00 and set a “buy” rating for the company in a research note on Tuesday, April 14th. BidaskClub downgraded shares of ICF International from a “sell” rating to a “strong sell” rating in a research note on Tuesday, May 12th. Finally, Sidoti lowered their target price on shares of ICF International from $95.00 to $92.00 and set a “buy” rating for the company in a research note on Tuesday, March 31st.
In other news, CEO John Wasson sold 4,746 shares of ICF International stock in a transaction dated Monday, April 6th. The shares were sold at an average price of $67.46, for a total transaction of $320,165.16. Following the completion of the transaction, the chief executive officer now directly owns 83,554 shares in the company, valued at $5,636,552.84. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Randall Mehl acquired 4,000 shares of ICF International stock in a transaction dated Thursday, May 14th. The shares were acquired at an average price of $52.38 per share, with a total value of $209,520.00. Company insiders own 4.25% of the company’s stock.
Hedge funds and other institutional investors have recently modified their holdings of the company. Peregrine Capital Management LLC grew its holdings in shares of ICF International by 0.3% during the first quarter. Peregrine Capital Management LLC now owns 309,662 shares of the business services provider’s stock valued at $21,274,000 after buying an additional 1,069 shares during the last quarter. EAM Investors LLC acquired a new position in shares of ICF International during the fourth quarter valued at about $1,604,000. Mutual of America Capital Management LLC lifted its position in shares of ICF International by 6,084.0% during the first quarter. Mutual of America Capital Management LLC now owns 61,840 shares of the business services provider’s stock valued at $4,248,000 after purchasing an additional 60,840 shares in the last quarter. Bank of New York Mellon Corp lifted its position in shares of ICF International by 15.3% during the fourth quarter. Bank of New York Mellon Corp now owns 127,691 shares of the business services provider’s stock valued at $11,699,000 after purchasing an additional 16,899 shares in the last quarter. Finally, Investment Counselors of Maryland LLC lifted its position in shares of ICF International by 1.7% during the fourth quarter. Investment Counselors of Maryland LLC now owns 326,024 shares of the business services provider’s stock valued at $29,870,000 after purchasing an additional 5,568 shares in the last quarter. Hedge funds and other institutional investors own 92.89% of the company’s stock.
Shares of NASDAQ ICFI traded down $4.63 during trading hours on Monday, hitting $61.95. 3,978 shares of the stock were exchanged, compared to its average volume of 139,401. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.65 and a current ratio of 1.65. The company has a market cap of $1.19 billion, a PE ratio of 18.94, a price-to-earnings-growth ratio of 1.98 and a beta of 0.59. The company’s fifty day simple moving average is $65.22 and its two-hundred day simple moving average is $78.42. ICF International has a 1-year low of $47.75 and a 1-year high of $95.24.
ICF International (NASDAQ:ICFI) last posted its quarterly earnings results on Tuesday, May 5th. The business services provider reported $0.83 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.76 by $0.07. The business had revenue of $358.24 million for the quarter, compared to analyst estimates of $363.57 million. ICF International had a net margin of 4.30% and a return on equity of 11.43%. The firm’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same quarter last year, the business posted $0.87 EPS. As a group, sell-side analysts expect that ICF International will post 3.59 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 14th. Shareholders of record on Friday, June 12th will be issued a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 0.90%. The ex-dividend date is Thursday, June 11th. ICF International’s payout ratio is 13.49%.
ICF International Company Profile
ICF International Inc provides management, marketing, technology, and policy consulting and implementation services to government and commercial clients in the United States and internationally. The company researches critical policy, industry, stakeholder issues, trends, and behaviors; measures and evaluates results and their impact; and provides strategic planning and advisory services to its clients on how to navigate societal, market, business, communication, and technology challenges.
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