ICF International (NASDAQ:ICFI) Price Target Lowered to $102.00 at Barrington Research

ICF International (NASDAQ:ICFI) had its price target lowered by Barrington Research from $174.00 to $102.00 in a research report report published on Monday,Benzinga reports. Barrington Research currently has an outperform rating on the business services provider’s stock.

A number of other analysts also recently issued reports on ICFI. Canaccord Genuity Group reissued a “hold” rating and issued a $100.00 price objective (down previously from $200.00) on shares of ICF International in a report on Friday. StockNews.com downgraded ICF International from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, November 27th. D. Boral Capital restated an “outperform” rating and set a $174.00 price objective on shares of ICF International in a research note on Monday, December 16th. Truist Financial cut their target price on ICF International from $180.00 to $140.00 and set a “hold” rating for the company in a research report on Friday, November 22nd. Finally, Sidoti upgraded ICF International from a “neutral” rating to a “buy” rating and set a $185.00 price target on the stock in a research report on Tuesday, November 19th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $140.20.

ICF International Stock Performance

ICFI opened at $77.68 on Monday. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.21 and a quick ratio of 1.21. The company has a market capitalization of $1.46 billion, a PE ratio of 13.65 and a beta of 0.56. The business has a fifty day simple moving average of $115.20 and a 200 day simple moving average of $141.76. ICF International has a 1 year low of $75.91 and a 1 year high of $179.67.

ICF International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 14th. Stockholders of record on Friday, March 28th will be paid a $0.14 dividend. The ex-dividend date is Friday, March 28th. This represents a $0.56 annualized dividend and a dividend yield of 0.72%. ICF International’s payout ratio is 9.61%.

Institutional Trading of ICF International

Several institutional investors and hedge funds have recently modified their holdings of the business. Farther Finance Advisors LLC grew its position in ICF International by 13.1% in the third quarter. Farther Finance Advisors LLC now owns 502 shares of the business services provider’s stock valued at $84,000 after acquiring an additional 58 shares during the last quarter. SG Americas Securities LLC grew its holdings in shares of ICF International by 44.4% during the 4th quarter. SG Americas Securities LLC now owns 1,103 shares of the business services provider’s stock valued at $131,000 after purchasing an additional 339 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S acquired a new position in ICF International during the 4th quarter worth approximately $149,000. Cibc World Markets Corp bought a new position in ICF International in the 4th quarter valued at approximately $208,000. Finally, Ethic Inc. acquired a new stake in ICF International in the fourth quarter valued at approximately $292,000. 94.12% of the stock is currently owned by institutional investors.

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.