ICF International (NASDAQ:ICFI) has been assigned a $86.00 price objective by investment analysts at Barrington Research in a report issued on Thursday. The brokerage currently has a “buy” rating on the business services provider’s stock. Barrington Research’s target price would indicate a potential upside of 28.01% from the stock’s current price.
A number of other brokerages also recently commented on ICFI. BidaskClub downgraded shares of ICF International from a “buy” rating to a “hold” rating in a report on Thursday, September 20th. Zacks Investment Research downgraded shares of ICF International from a “buy” rating to a “hold” rating in a report on Tuesday, November 13th. Finally, Cowen set a $85.00 price target on shares of ICF International and gave the stock a “buy” rating in a report on Monday, November 5th. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. ICF International currently has an average rating of “Buy” and an average target price of $79.67.
Shares of NASDAQ ICFI traded down $1.49 during midday trading on Thursday, hitting $67.18. The company had a trading volume of 7,814 shares, compared to its average volume of 96,409. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 0.36. ICF International has a twelve month low of $50.10 and a twelve month high of $82.25. The stock has a market capitalization of $1.29 billion, a price-to-earnings ratio of 22.39, a price-to-earnings-growth ratio of 1.80 and a beta of 0.70.
ICF International (NASDAQ:ICFI) last posted its earnings results on Thursday, November 1st. The business services provider reported $1.01 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.01. ICF International had a net margin of 5.45% and a return on equity of 10.24%. The firm had revenue of $333.00 million during the quarter, compared to the consensus estimate of $332.19 million. During the same period last year, the firm posted $0.83 EPS. The firm’s revenue for the quarter was up 9.1% on a year-over-year basis. Equities research analysts expect that ICF International will post 3.81 EPS for the current fiscal year.
In other ICF International news, COO John Wasson sold 2,532 shares of ICF International stock in a transaction that occurred on Tuesday, September 18th. The shares were sold at an average price of $79.58, for a total transaction of $201,496.56. Following the transaction, the chief operating officer now directly owns 51,113 shares of the company’s stock, valued at $4,067,572.54. The sale was disclosed in a filing with the SEC, which is available at this link. Insiders own 4.67% of the company’s stock.
Hedge funds and other institutional investors have recently bought and sold shares of the company. Martingale Asset Management L P raised its holdings in ICF International by 1.2% in the second quarter. Martingale Asset Management L P now owns 74,107 shares of the business services provider’s stock valued at $5,266,000 after acquiring an additional 899 shares in the last quarter. O Shaughnessy Asset Management LLC raised its holdings in ICF International by 2.9% in the third quarter. O Shaughnessy Asset Management LLC now owns 112,736 shares of the business services provider’s stock valued at $8,470,000 after acquiring an additional 3,181 shares in the last quarter. Harvest Fund Management Co. Ltd acquired a new stake in ICF International in the third quarter valued at $118,000. Peregrine Capital Management LLC raised its holdings in ICF International by 2.7% in the third quarter. Peregrine Capital Management LLC now owns 157,717 shares of the business services provider’s stock valued at $11,900,000 after acquiring an additional 4,176 shares in the last quarter. Finally, First Quadrant L P CA raised its holdings in ICF International by 145.1% in the third quarter. First Quadrant L P CA now owns 3,846 shares of the business services provider’s stock valued at $290,000 after acquiring an additional 2,277 shares in the last quarter. 90.57% of the stock is currently owned by institutional investors and hedge funds.
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, 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.
Read More: How much can an individual set aside as a catch-up contribution?
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.