Shares of ICF International, Inc. (NASDAQ:ICFI) have been given a consensus rating of “Hold” by the six ratings firms that are covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $57.33.
ICFI has been the subject of a number of research analyst reports. Zacks Investment Research raised shares of ICF International from a “hold” rating to a “buy” rating and set a $52.00 price objective for the company in a report on Thursday, June 8th. BidaskClub lowered shares of ICF International from a “buy” rating to a “hold” rating in a report on Saturday, July 8th. Finally, Noble Financial reaffirmed a “hold” rating on shares of ICF International in a report on Sunday, May 7th.
ICF International (NASDAQ:ICFI) traded up 0.33% during trading on Monday, reaching $46.20. 61,376 shares of the company’s stock were exchanged. The stock’s 50-day moving average is $46.31 and its 200-day moving average is $46.33. The company has a market cap of $864.73 million, a P/E ratio of 18.55 and a beta of 0.81. ICF International has a 12-month low of $39.25 and a 12-month high of $59.55.
ICF International (NASDAQ:ICFI) last announced its quarterly earnings data on Wednesday, August 2nd. The business services provider reported $0.73 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.73. ICF International had a net margin of 4.02% and a return on equity of 10.31%. The business had revenue of $306.39 million during the quarter, compared to analyst estimates of $309.15 million. During the same period last year, the firm posted $0.69 EPS. The company’s revenue was up .3% on a year-over-year basis. Analysts predict that ICF International will post $3.01 EPS for the current fiscal year.
In related news, COO John Wasson sold 12,461 shares of the firm’s stock in a transaction on Thursday, July 20th. The stock was sold at an average price of $47.50, for a total value of $591,897.50. Following the completion of the sale, the chief operating officer now directly owns 65,995 shares in the company, valued at $3,134,762.50. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 5.48% of the stock is owned by company insiders.
A number of hedge funds have recently modified their holdings of the company. TimesSquare Capital Management LLC increased its stake in shares of ICF International by 31.9% in the first quarter. TimesSquare Capital Management LLC now owns 1,002,274 shares of the business services provider’s stock worth $41,394,000 after buying an additional 242,560 shares in the last quarter. Investment Counselors of Maryland LLC increased its stake in shares of ICF International by 2.2% in the first quarter. Investment Counselors of Maryland LLC now owns 353,379 shares of the business services provider’s stock worth $14,595,000 after buying an additional 7,600 shares in the last quarter. State Street Corp increased its stake in ICF International by 5.9% in the first quarter. State Street Corp now owns 341,004 shares of the business services provider’s stock valued at $14,083,000 after buying an additional 19,110 shares during the period. Thrivent Financial For Lutherans increased its stake in ICF International by 26.0% in the first quarter. Thrivent Financial For Lutherans now owns 214,610 shares of the business services provider’s stock valued at $8,863,000 after buying an additional 44,290 shares during the period. Finally, Geode Capital Management LLC increased its stake in ICF International by 10.4% in the first quarter. Geode Capital Management LLC now owns 187,182 shares of the business services provider’s stock valued at $7,730,000 after buying an additional 17,586 shares during the period. Institutional investors own 90.20% of the company’s stock.
ICF International Company Profile
ICF International, Inc provides professional services and technology-based solutions to government and commercial clients, including management, technology, and policy consulting and implementation services. The Company’s services address four markets: energy, environment and infrastructure; health, education and social programs; safety and security, and consumer and financial.
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