BidaskClub cut shares of ICF International (NASDAQ:ICFI) from a buy rating to a hold rating in a report issued on Thursday morning.
Several other equities research analysts have also recently issued reports on ICFI. Zacks Investment Research raised ICF International from a hold rating to a buy rating and set a $62.00 target price on the stock in a report on Wednesday, October 4th. ValuEngine cut ICF International from a buy rating to a hold rating in a report on Thursday, November 30th. Wells Fargo & Company lifted their target price on ICF International from $54.00 to $58.00 and gave the stock a market perform rating in a report on Wednesday, October 25th. SunTrust Banks reaffirmed a buy rating and issued a $62.00 target price on shares of ICF International in a report on Friday, September 22nd. Finally, Noble Financial reaffirmed a hold rating on shares of ICF International in a report on Tuesday, November 7th. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average target price of $60.40.
ICF International (ICFI) traded up $0.80 during trading hours on Thursday, reaching $53.30. The company’s stock had a trading volume of 59,374 shares, compared to its average volume of 78,685. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 0.39. The company has a market capitalization of $993.62, a PE ratio of 17.71, a PEG ratio of 1.78 and a beta of 0.84. ICF International has a twelve month low of $40.20 and a twelve month high of $59.55.
ICF International (NASDAQ:ICFI) last posted its quarterly earnings results on Thursday, November 2nd. The business services provider reported $0.83 EPS for the quarter, beating the Zacks’ consensus estimate of $0.80 by $0.03. The business had revenue of $305.30 million for the quarter, compared to analysts’ expectations of $311.49 million. ICF International had a return on equity of 10.14% and a net margin of 4.05%. The business’s quarterly revenue was down .4% on a year-over-year basis. During the same period last year, the firm earned $0.81 earnings per share. research analysts forecast that ICF International will post 3 EPS for the current year.
In related news, insider James C. M. Morgan sold 4,696 shares of ICF International stock in a transaction dated Thursday, September 28th. The stock was sold at an average price of $55.00, for a total value of $258,280.00. Following the completion of the transaction, the insider now owns 22,479 shares in the company, valued at $1,236,345. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Ellen Glover sold 5,634 shares of ICF International stock in a transaction dated Wednesday, September 20th. The stock was sold at an average price of $52.00, for a total value of $292,968.00. Following the completion of the transaction, the insider now owns 33,357 shares of the company’s stock, valued at approximately $1,734,564. The disclosure for this sale can be found here. In the last quarter, insiders sold 23,312 shares of company stock valued at $1,232,803. 5.48% of the stock is currently owned by company insiders.
Several large investors have recently made changes to their positions in the business. Seizert Capital Partners LLC boosted its position in shares of ICF International by 1.2% during the second quarter. Seizert Capital Partners LLC now owns 59,552 shares of the business services provider’s stock valued at $2,805,000 after buying an additional 707 shares during the period. Systematic Financial Management LP boosted its position in shares of ICF International by 3.5% during the second quarter. Systematic Financial Management LP now owns 32,395 shares of the business services provider’s stock valued at $1,526,000 after buying an additional 1,085 shares during the period. Strs Ohio boosted its position in shares of ICF International by 7.3% during the second quarter. Strs Ohio now owns 17,600 shares of the business services provider’s stock valued at $828,000 after buying an additional 1,200 shares during the period. Teachers Advisors LLC boosted its position in shares of ICF International by 6.3% during the second quarter. Teachers Advisors LLC now owns 32,729 shares of the business services provider’s stock valued at $1,542,000 after buying an additional 1,946 shares during the period. Finally, California Public Employees Retirement System boosted its position in shares of ICF International by 8.3% during the third quarter. California Public Employees Retirement System now owns 29,465 shares of the business services provider’s stock valued at $1,590,000 after buying an additional 2,265 shares during the period. Institutional investors and hedge funds own 91.39% of the company’s stock.
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About ICF International
ICF International, Inc provides professional services and technology-based solutions to government and commercial clients, including management, technology, and policy consulting and implementation services. The Company’s services address four markets: energy, environment and infrastructure; health, education and social programs; safety and security, and consumer and financial.
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