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

ICF International, Inc. (NASDAQ:ICFI) has earned a consensus rating of “Moderate Buy” from the six research firms that are currently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $154.60.

ICFI has been the topic of a number of recent research reports. Truist Financial dropped their price objective on shares of ICF International from $180.00 to $140.00 and set a “hold” rating on the stock in a research note on Friday, November 22nd. D. Boral Capital restated an “outperform” rating and issued a $174.00 price objective on shares of ICF International in a research note on Monday, December 16th. StockNews.com lowered shares of ICF International from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, November 27th. Canaccord Genuity Group restated a “hold” rating and issued a $100.00 price objective (down from $200.00) on shares of ICF International in a research note on Friday. Finally, 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.

ICF International Price Performance

Shares of NASDAQ:ICFI opened at $79.26 on Friday. The company’s fifty day moving average price is $116.03 and its 200 day moving average price is $142.55. ICF International has a 12 month low of $77.02 and a 12 month 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. The firm has a market capitalization of $1.49 billion, a P/E ratio of 13.93 and a beta of 0.56.

ICF International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, April 14th. Stockholders of record on Friday, March 28th will be issued a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 0.71%. The ex-dividend date of this dividend is Friday, March 28th. ICF International’s payout ratio is 9.84%.

Institutional Trading of ICF International

Hedge funds and other institutional investors have recently made changes to their positions in the company. BNP Paribas Financial Markets boosted its holdings in ICF International by 411.7% during the fourth quarter. BNP Paribas Financial Markets now owns 90,226 shares of the business services provider’s stock worth $10,756,000 after buying an additional 72,595 shares in the last quarter. Tudor Investment Corp ET AL boosted its holdings in ICF International by 5,171.3% during the fourth quarter. Tudor Investment Corp ET AL now owns 73,904 shares of the business services provider’s stock worth $8,810,000 after buying an additional 72,502 shares in the last quarter. Marshall Wace LLP boosted its holdings in ICF International by 2,331.0% during the fourth quarter. Marshall Wace LLP now owns 65,176 shares of the business services provider’s stock worth $7,770,000 after buying an additional 62,495 shares in the last quarter. Pier Capital LLC purchased a new stake in ICF International during the third quarter worth about $6,579,000. Finally, Hillsdale Investment Management Inc. boosted its holdings in ICF International by 76,550.0% during the fourth quarter. Hillsdale Investment Management Inc. now owns 30,660 shares of the business services provider’s stock worth $3,655,000 after buying an additional 30,620 shares in the last quarter. Hedge funds and other institutional investors own 94.12% of the company’s stock.

About ICF International

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.