ICF International, Inc. (NASDAQ:ICFI) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of ICF International, Inc. (NASDAQ:ICFI) have earned a consensus rating of “Moderate Buy” from the five analysts that are presently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $159.75.

A number of analysts have commented on the stock. Truist Financial lowered shares of ICF International from a “buy” rating to a “hold” rating and decreased their price target for the company from $168.00 to $155.00 in a research note on Monday, July 1st. William Blair raised shares of ICF International from a “market perform” rating to an “outperform” rating in a research report on Monday, June 24th. Finally, Barrington Research reaffirmed an “outperform” rating and issued a $174.00 price target on shares of ICF International in a research report on Friday, September 20th.

Insider Buying and Selling at ICF International

In related news, COO James C. M. Morgan sold 2,500 shares of the stock in a transaction that occurred on Friday, August 2nd. The stock was sold at an average price of $152.50, for a total transaction of $381,250.00. Following the completion of the sale, the chief operating officer now directly owns 40,163 shares of the company’s stock, valued at $6,124,857.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other ICF International news, EVP Anne F. Choate sold 1,481 shares of ICF International stock in a transaction dated Monday, July 8th. The shares were sold at an average price of $133.89, for a total value of $198,291.09. Following the sale, the executive vice president now owns 4,785 shares of the company’s stock, valued at $640,663.65. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, COO James C. M. Morgan sold 2,500 shares of the business’s stock in a transaction dated Friday, August 2nd. The shares were sold at an average price of $152.50, for a total transaction of $381,250.00. Following the completion of the transaction, the chief operating officer now owns 40,163 shares in the company, valued at $6,124,857.50. The disclosure for this sale can be found here. In the last 90 days, insiders sold 6,766 shares of company stock worth $1,039,264. Insiders own 1.39% of the company’s stock.

Institutional Investors Weigh In On ICF International

Hedge funds have recently modified their holdings of the stock. Whittier Trust Co. bought a new stake in shares of ICF International in the first quarter valued at $25,000. SG Americas Securities LLC bought a new stake in ICF International in the 1st quarter valued at about $167,000. Marshall Wace LLP purchased a new stake in ICF International during the second quarter valued at about $301,000. Torray Investment Partners LLC boosted its position in ICF International by 8.7% during the second quarter. Torray Investment Partners LLC now owns 14,446 shares of the business services provider’s stock worth $2,145,000 after purchasing an additional 1,159 shares during the period. Finally, BNP Paribas Financial Markets increased its stake in shares of ICF International by 9.4% in the first quarter. BNP Paribas Financial Markets now owns 16,536 shares of the business services provider’s stock worth $2,491,000 after purchasing an additional 1,419 shares in the last quarter. Institutional investors own 94.12% of the company’s stock.

ICF International Stock Down 0.2 %

Shares of ICFI opened at $166.39 on Wednesday. The stock’s 50-day moving average price is $159.85 and its two-hundred day moving average price is $149.27. ICF International has a 12 month low of $115.67 and a 12 month high of $170.47. The company has a market capitalization of $3.12 billion, a PE ratio of 33.82 and a beta of 0.61. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.46.

ICF International (NASDAQ:ICFI) last posted its quarterly earnings data on Thursday, August 1st. The business services provider reported $1.69 EPS for the quarter, topping analysts’ consensus estimates of $1.49 by $0.20. The company had revenue of $512.03 million for the quarter, compared to analyst estimates of $505.70 million. ICF International had a return on equity of 14.37% and a net margin of 4.98%. The firm’s quarterly revenue was up 2.4% on a year-over-year basis. During the same period in the previous year, the firm earned $1.57 earnings per share. On average, analysts anticipate that ICF International will post 7.06 EPS for the current year.

ICF International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 11th. Shareholders of record on Friday, September 6th will be given a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 0.34%. The ex-dividend date is Friday, September 6th. ICF International’s payout ratio is 11.38%.

ICF International Company Profile

ICF International, Inc provides management, 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, business, market, business, communication, and technology challenges.