ICF International (NASDAQ:ICFI) Receives “Outperform” Rating from D. Boral Capital

D. Boral Capital reissued their outperform rating on shares of ICF International (NASDAQ:ICFI) in a research note issued to investors on Monday,Benzinga reports. D. Boral Capital currently has a $174.00 price objective on the business services provider’s stock.

ICFI has been the subject of a number of other research reports. Truist Financial cut their price objective on shares of ICF International from $180.00 to $140.00 and set a “hold” rating for the company in a research report on Friday, November 22nd. Sidoti raised ICF International from a “neutral” rating to a “buy” rating and set a $185.00 price target for the company in a report on Tuesday, November 19th. StockNews.com lowered ICF International from a “strong-buy” rating to a “buy” rating in a report on Wednesday, November 27th. Finally, 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. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $168.60.

ICF International Stock Up 0.5 %

ICFI stock opened at $125.94 on Monday. The stock has a market capitalization of $2.36 billion, a price-to-earnings ratio of 22.13 and a beta of 0.54. The company has a 50-day moving average of $153.61 and a two-hundred day moving average of $152.52. ICF International has a 52-week low of $124.78 and a 52-week high of $179.67. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.21 and a quick ratio of 1.21.

ICF International (NASDAQ:ICFI) last announced its earnings results on Friday, November 1st. The business services provider reported $2.13 earnings per share for the quarter, beating the consensus estimate of $1.77 by $0.36. The firm had revenue of $517.00 million during the quarter, compared to the consensus estimate of $528.02 million. ICF International had a return on equity of 14.68% and a net margin of 5.38%. The firm’s revenue for the quarter was up 3.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.81 EPS. As a group, equities research analysts anticipate that ICF International will post 7.35 EPS for the current year.

ICF International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, January 10th. Investors of record on Friday, December 6th will be given a dividend of $0.14 per share. The ex-dividend date of this dividend is Friday, December 6th. This represents a $0.56 annualized dividend and a dividend yield of 0.44%. ICF International’s dividend payout ratio (DPR) is presently 9.84%.

Insider Activity at ICF International

In other ICF International news, EVP Anne F. Choate sold 1,438 shares of the business’s stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $173.63, for a total value of $249,679.94. Following the transaction, the executive vice president now directly owns 3,417 shares in the company, valued at $593,293.71. The trade was a 29.62 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Scott B. Salmirs acquired 400 shares of the company’s stock in a transaction dated Monday, November 18th. The shares were purchased at an average cost of $138.38 per share, with a total value of $55,352.00. Following the acquisition, the director now owns 5,803 shares of the company’s stock, valued at approximately $803,019.14. This represents a 7.40 % increase in their position. The disclosure for this purchase can be found here. Insiders have sold a total of 4,038 shares of company stock valued at $705,355 in the last 90 days. 1.39% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On ICF International

Institutional investors have recently bought and sold shares of the business. Farther Finance Advisors LLC increased its stake in shares of 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 buying an additional 58 shares in the last quarter. Marshall Wace LLP bought a new stake in ICF International during the 2nd quarter worth about $301,000. AlphaMark Advisors LLC acquired a new stake in ICF International in the 3rd quarter valued at about $342,000. Martingale Asset Management L P raised its stake in shares of ICF International by 25.5% in the third quarter. Martingale Asset Management L P now owns 3,399 shares of the business services provider’s stock worth $567,000 after acquiring an additional 690 shares during the last quarter. Finally, Captrust Financial Advisors lifted its position in shares of ICF International by 36.5% during the third quarter. Captrust Financial Advisors now owns 3,617 shares of the business services provider’s stock worth $603,000 after purchasing an additional 967 shares in the last quarter. Institutional investors own 94.12% 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.