ICF International, Inc. (ICFI) Receives Average Rating of “Hold” from Brokerages
Shares of ICF International, Inc. (NASDAQ:ICFI) have been given a consensus recommendation of “Hold” by the seven analysts that are covering the company, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $57.00.
A number of research firms have recently commented on ICFI. Zacks Investment Research lowered shares of ICF International from a “buy” rating to a “hold” rating in a research report on Tuesday, July 18th. BidaskClub lowered shares of ICF International from a “buy” rating to a “hold” rating in a research report on Saturday, July 8th. Finally, Barrington Research raised their price objective on shares of ICF International from $49.00 to $55.00 and gave the company an “outperform” rating in a research report on Thursday, May 18th.
Shares of ICF International (ICFI) traded down 0.87% during mid-day trading on Monday, hitting $45.80. 3,409 shares of the company traded hands. ICF International has a one year low of $39.25 and a one year high of $59.55. The stock has a market capitalization of $860.99 million, a price-to-earnings ratio of 19.01 and a beta of 0.83. The firm has a 50-day moving average of $46.61 and a 200-day moving average of $46.90.
ICF International (NASDAQ:ICFI) last released its quarterly earnings data on Thursday, May 4th. The business services provider reported $0.69 EPS for the quarter, beating analysts’ consensus estimates of $0.62 by $0.07. ICF International had a net margin of 3.91% and a return on equity of 10.32%. The company had revenue of $296.30 million during the quarter, compared to analyst estimates of $293.28 million. During the same period last year, the business earned $0.62 earnings per share. ICF International’s revenue was up 4.5% compared to the same quarter last year. On average, equities analysts predict that ICF International will post $3.00 earnings per share for the current year.
In other ICF International news, COO John Wasson sold 12,461 shares of ICF International stock in a transaction that occurred on Thursday, July 20th. The shares were sold at an average price of $47.50, for a total transaction 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 document filed with the SEC, which is available at the SEC website. 5.48% of the stock is currently owned by company insiders.
A number of large investors have recently made changes to their positions in ICFI. SG Americas Securities LLC raised its stake in shares of ICF International by 90.3% in the first quarter. SG Americas Securities LLC now owns 4,537 shares of the business services provider’s stock valued at $187,000 after buying an additional 2,153 shares during the last quarter. Airain ltd bought a new stake in shares of ICF International during the first quarter valued at about $235,000. MARSHALL WACE ASIA Ltd bought a new stake in shares of ICF International during the first quarter valued at about $309,000. Marshall Wace North America L.P. bought a new stake in shares of ICF International during the first quarter valued at about $309,000. Finally, Americafirst Capital Management LLC bought a new stake in shares of ICF International during the first quarter valued at about $384,000. Institutional investors and hedge funds own 90.17% 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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