BidaskClub upgraded shares of ICF International (NASDAQ:ICFI) from a sell rating to a hold rating in a research report released on Friday, December 29th.
Several other brokerages also recently weighed in on ICFI. Zacks Investment Research downgraded shares of ICF International from a buy rating to a hold rating in a report on Tuesday, October 10th. Wells Fargo & Co lifted their price target on shares of ICF International from $54.00 to $58.00 and gave the company a market perform rating in a report on Wednesday, October 25th. ValuEngine raised shares of ICF International from a hold rating to a buy rating in a report on Tuesday, November 14th. SunTrust Banks reaffirmed a buy rating and set a $62.00 price target 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. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company’s stock. The company has an average rating of Hold and an average price target of $58.75.
ICF International (NASDAQ:ICFI) opened at $54.30 on Friday. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 0.39. The stock has a market cap of $1,010.00, a P/E ratio of 21.63, a P/E/G ratio of 1.68 and a beta of 0.85. ICF International has a 1-year low of $40.20 and a 1-year high of $56.55.
ICF International (NASDAQ:ICFI) last posted its quarterly earnings data on Thursday, November 2nd. The business services provider reported $0.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.03. ICF International had a net margin of 4.05% and a return on equity of 10.14%. The company had revenue of $305.30 million for the quarter, compared to the consensus estimate of $311.49 million. During the same quarter last year, the firm posted $0.81 earnings per share. The firm’s revenue was down .4% compared to the same quarter last year. analysts expect that ICF International will post 3 EPS for the current year.
Institutional investors have recently added to or reduced their stakes in the company. Eqis Capital Management Inc. bought a new stake in shares of ICF International during the third quarter valued at approximately $214,000. SG Americas Securities LLC raised its position in shares of ICF International by 89.1% during the second quarter. SG Americas Securities LLC now owns 8,579 shares of the business services provider’s stock valued at $404,000 after buying an additional 4,042 shares during the last quarter. First Quadrant L P CA raised its position in shares of ICF International by 23.2% during the third quarter. First Quadrant L P CA now owns 13,201 shares of the business services provider’s stock valued at $712,000 after buying an additional 2,483 shares during the last quarter. California Public Employees Retirement System raised its position in shares of ICF International by 28.3% during the second quarter. California Public Employees Retirement System now owns 27,200 shares of the business services provider’s stock valued at $1,281,000 after buying an additional 6,000 shares during the last quarter. Finally, Systematic Financial Management LP increased its position in ICF International by 3.5% in the second quarter. Systematic Financial Management LP now owns 32,395 shares of the business services provider’s stock worth $1,526,000 after purchasing an additional 1,085 shares during the last quarter. Hedge funds and other institutional investors own 91.39% of the company’s stock.
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ICF International Company Profile
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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