ICF International (ICFI) Scheduled to Post Quarterly Earnings on Thursday

ICF International (NASDAQ:ICFI) will announce its earnings results after the market closes on Thursday, October 31st. Analysts expect the company to announce earnings of $1.81 per share for the quarter. ICF International has set its FY 2024 guidance at 6.950-7.250 EPS.Parties that are interested in participating in the company’s conference call can do so using this link.

ICF International (NASDAQ:ICFI) last posted its quarterly earnings results on Thursday, August 1st. The business services provider reported $1.69 earnings per share for the quarter, beating the consensus estimate of $1.49 by $0.20. The business had revenue of $512.03 million for the quarter, compared to the consensus estimate of $505.70 million. ICF International had a return on equity of 14.37% and a net margin of 4.98%. The company’s quarterly revenue was up 2.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.57 EPS. On average, analysts expect ICF International to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

ICF International Stock Up 0.1 %

ICF International stock opened at $169.72 on Thursday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.19 and a current ratio of 1.19. The business’s 50-day simple moving average is $165.43 and its two-hundred day simple moving average is $151.34. The company has a market cap of $3.18 billion, a PE ratio of 34.50 and a beta of 0.61. ICF International has a fifty-two week low of $115.67 and a fifty-two week high of $178.18.

ICF International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, October 11th. Shareholders of record on Friday, September 6th were paid a dividend of $0.14 per share. The ex-dividend date was Friday, September 6th. This represents a $0.56 annualized dividend and a yield of 0.33%. ICF International’s payout ratio is presently 11.38%.

Analyst Ratings Changes

A number of analysts have recently commented on ICFI shares. Truist Financial downgraded ICF International from a “buy” rating to a “hold” rating and lowered their target price for the stock from $168.00 to $155.00 in a research note on Monday, July 1st. Barrington Research restated an “outperform” rating and issued a $174.00 target price on shares of ICF International in a research note on Friday, September 20th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, ICF International has an average rating of “Moderate Buy” and an average price target of $159.75.

Insider Buying and Selling at ICF International

In other ICF International news, EVP Anne F. Choate sold 1,368 shares of the firm’s stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $165.00, for a total value of $225,720.00. Following the sale, the executive vice president now directly owns 3,417 shares of the company’s stock, valued at approximately $563,805. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, COO James C. M. Morgan sold 2,500 shares of the firm’s stock in a transaction that occurred on Friday, August 2nd. The stock was sold at an average price of $152.50, for a total value of $381,250.00. Following the transaction, the chief operating officer now owns 40,163 shares in the company, valued at $6,124,857.50. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Anne F. Choate sold 1,368 shares of the firm’s stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $165.00, for a total value of $225,720.00. Following the completion of the transaction, the executive vice president now owns 3,417 shares in the company, valued at approximately $563,805. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 7,785 shares of company stock valued at $1,278,648. Company insiders own 1.39% of the company’s stock.

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.