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

Shares of ICF International, Inc. (NASDAQ:ICFI) have received a consensus rating of “Moderate Buy” from the six research firms that are currently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 12-month target price among brokers that have covered the stock in the last year is $168.60.

A number of equities research analysts have recently issued reports on ICFI shares. StockNews.com lowered shares of ICF International from a “strong-buy” rating to a “buy” rating in a report on Wednesday, November 27th. Sidoti upgraded shares of ICF International from a “neutral” rating to a “buy” rating and set a $185.00 price objective on the stock in a research note on Tuesday, November 19th. Truist Financial decreased their target price 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. Finally, D. Boral Capital reaffirmed an “outperform” rating and set a $174.00 price objective on shares of ICF International in a report on Monday, December 16th.

ICF International Trading Up 0.9 %

Shares of NASDAQ:ICFI opened at $117.74 on Tuesday. The company has a 50 day moving average of $125.26 and a 200-day moving average of $148.14. The firm has a market cap of $2.21 billion, a P/E ratio of 20.69 and a beta of 0.56. ICF International has a twelve month low of $114.52 and a twelve month high of $179.67. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.43.

Insider Buying and Selling

In other news, EVP Anne F. Choate sold 1,438 shares of the firm’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 owns 3,417 shares of the company’s stock, valued at approximately $593,293.71. This trade represents a 29.62 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Scott B. Salmirs bought 400 shares of ICF International stock in a transaction dated Monday, November 18th. The stock was acquired at an average cost of $138.38 per share, for a total transaction of $55,352.00. Following the purchase, the director now directly owns 5,803 shares in the company, valued at approximately $803,019.14. The trade was a 7.40 % increase in their position. The disclosure for this purchase can be found here. 1.39% of the stock is currently owned by corporate insiders.

Institutional Trading of ICF International

Several hedge funds have recently added to or reduced their stakes in the business. Geode Capital Management LLC grew its holdings in shares of ICF International by 4.3% in the 3rd quarter. Geode Capital Management LLC now owns 440,985 shares of the business services provider’s stock valued at $73,566,000 after acquiring an additional 18,109 shares in the last quarter. BNP Paribas Financial Markets grew its holdings in shares of ICF International by 94.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 17,631 shares of the business services provider’s stock valued at $2,941,000 after acquiring an additional 8,548 shares in the last quarter. Quantbot Technologies LP bought a new position in shares of ICF International in the 3rd quarter valued at about $852,000. Pier Capital LLC bought a new position in shares of ICF International in the 3rd quarter valued at about $6,579,000. Finally, Wilmington Savings Fund Society FSB bought a new position in shares of ICF International in the 3rd quarter valued at about $734,000. Institutional investors and hedge funds 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.