ICF International (NASDAQ:ICFI) posted its quarterly earnings data on Thursday. The business services provider reported $1.01 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.01, Briefing.com reports. ICF International had a return on equity of 9.90% and a net margin of 5.33%. The company had revenue of $333.00 million during the quarter, compared to analyst estimates of $332.19 million. During the same period in the previous year, the business earned $0.83 EPS. ICF International’s quarterly revenue was up 9.1% on a year-over-year basis. ICF International updated its FY18 guidance to $3.70-3.90 EPS.
NASDAQ:ICFI traded down $0.50 during trading hours on Friday, hitting $73.94. 175,604 shares of the stock were exchanged, compared to its average volume of 83,032. ICF International has a 52-week low of $50.10 and a 52-week high of $82.25. The company has a current ratio of 1.80, a quick ratio of 1.80 and a debt-to-equity ratio of 0.38. The firm has a market cap of $1.39 billion, a P/E ratio of 24.48, a price-to-earnings-growth ratio of 1.93 and a beta of 0.72.
In other ICF International news, COO John Wasson sold 2,532 shares of the business’s stock in a transaction that occurred on Tuesday, September 18th. The stock was sold at an average price of $79.58, for a total transaction of $201,496.56. Following the completion of the sale, the chief operating officer now directly owns 51,113 shares in the company, valued at approximately $4,067,572.54. The transaction was disclosed in a document filed with the SEC, which is available through this link. 4.67% of the stock is currently owned by insiders.
Several research firms have commented on ICFI. BidaskClub upgraded ICF International from a “hold” rating to a “buy” rating in a research note on Friday, October 26th. Barrington Research set a $86.00 price objective on ICF International and gave the stock a “buy” rating in a research note on Monday, August 13th. Cowen upgraded ICF International from a “market perform” rating to an “outperform” rating and set a $85.00 price objective for the company in a research note on Friday, August 3rd. Finally, Loop Capital boosted their price objective on ICF International to $89.00 and gave the stock a “buy” rating in a research note on Friday, August 3rd. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $79.67.
About ICF International
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, and 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.
Further Reading: NASDAQ
Receive News & Ratings for ICF International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ICF International and related companies with MarketBeat.com's FREE daily email newsletter.