ICF International Inc (NASDAQ:ICFI) has earned an average rating of “Hold” from the ten analysts that are currently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $85.67.
ICFI has been the subject of several analyst reports. TheStreet downgraded shares of ICF International from a “b” rating to a “c+” rating in a research note on Wednesday, May 6th. Berenberg Bank raised ICF International from a “hold” rating to a “buy” rating and set a $75.00 price target for the company in a research note on Wednesday, July 1st. BidaskClub raised ICF International from a “strong sell” rating to a “sell” rating in a research report on Friday. SunTrust Banks reduced their target price on ICF International from $110.00 to $95.00 and set a “buy” rating on the stock in a research note on Tuesday, April 14th. Finally, Canaccord Genuity cut their price target on shares of ICF International from $88.00 to $80.00 and set a “buy” rating on the stock in a report on Monday, May 18th.
Shares of ICFI opened at $67.61 on Tuesday. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 0.92. The business has a fifty day moving average of $63.29 and a 200 day moving average of $71.38. The company has a market cap of $1.27 billion, a PE ratio of 16.49, a P/E/G ratio of 1.89 and a beta of 0.57. ICF International has a 52-week low of $47.75 and a 52-week high of $95.24.
ICF International (NASDAQ:ICFI) last announced its earnings results on Tuesday, May 5th. The business services provider reported $0.83 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.76 by $0.07. ICF International had a net margin of 4.30% and a return on equity of 11.43%. The business had revenue of $358.24 million for the quarter, compared to the consensus estimate of $363.57 million. During the same quarter in the prior year, the firm posted $0.87 earnings per share. The business’s revenue for the quarter was up 5.0% on a year-over-year basis. As a group, research analysts anticipate that ICF International will post 3.59 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 14th. Investors of record on Friday, June 12th were issued a $0.14 dividend. The ex-dividend date was Thursday, June 11th. This represents a $0.56 annualized dividend and a dividend yield of 0.83%. ICF International’s payout ratio is currently 13.49%.
In other ICF International news, Director Randall Mehl bought 4,000 shares of the company’s stock in a transaction on Thursday, May 14th. The shares were bought at an average cost of $52.38 per share, for a total transaction of $209,520.00. 4.25% of the stock is owned by corporate insiders.
Large investors have recently modified their holdings of the stock. Peregrine Capital Management LLC boosted its position in ICF International by 0.3% during the 1st quarter. Peregrine Capital Management LLC now owns 309,662 shares of the business services provider’s stock valued at $21,274,000 after acquiring an additional 1,069 shares in the last quarter. BNP Paribas Arbitrage SA lifted its stake in shares of ICF International by 48.3% during the 1st quarter. BNP Paribas Arbitrage SA now owns 5,631 shares of the business services provider’s stock worth $387,000 after purchasing an additional 1,835 shares during the last quarter. Geode Capital Management LLC boosted its position in ICF International by 5.0% during the first quarter. Geode Capital Management LLC now owns 270,975 shares of the business services provider’s stock valued at $18,615,000 after purchasing an additional 12,814 shares in the last quarter. Wedge Capital Management L L P NC grew its stake in ICF International by 18.0% in the second quarter. Wedge Capital Management L L P NC now owns 4,742 shares of the business services provider’s stock valued at $307,000 after purchasing an additional 722 shares during the last quarter. Finally, Mutual of America Capital Management LLC raised its holdings in ICF International by 6,084.0% in the first quarter. Mutual of America Capital Management LLC now owns 61,840 shares of the business services provider’s stock worth $4,248,000 after purchasing an additional 60,840 shares in the last quarter. 92.87% of the stock is owned by institutional investors.
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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