ICF International Price Target Cut to $47.00 (ICFI)
Investment analysts at Stifel Nicolaus cut their price target on shares of ICF International (NASDAQ:ICFI) from $50.00 to $47.00 in a note issued to investors on Thursday. The firm currently has a “buy” rating on the stock. Stifel Nicolaus’ target price indicates a potential upside of 32.99% from the stock’s previous close.
Shares of ICF International (NASDAQ:ICFI) traded down 0.29% on Thursday, hitting $35.108. 40,242 shares of the company’s stock traded hands. ICF International has a 52-week low of $32.07 and a 52-week high of $44.34. The stock’s 50-day moving average is $35.37 and its 200-day moving average is $36.93. The company has a market cap of $700.2 million and a P/E ratio of 18.34.
ICF International (NASDAQ:ICFI) last issued its quarterly earnings data on Wednesday, August 6th. The company reported $0.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.58 by $0.01. The company had revenue of $263.86 million for the quarter, compared to the consensus estimate of $261.66 million. During the same quarter in the previous year, the company posted $0.52 earnings per share. The company’s revenue for the quarter was up 9.2% on a year-over-year basis. Analysts expect that ICF International will post $2.31 EPS for the current fiscal year.
ICF International, Inc (NASDAQ:ICFI) is a holding company.
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