ICF International, Inc. (NASDAQ:ICFI) – Barrington Research dropped their Q3 2017 earnings per share estimates for shares of ICF International in a research report issued to clients and investors on Monday. Barrington Research analyst K. Steinke now forecasts that the business services provider will post earnings of $0.78 per share for the quarter, down from their prior estimate of $0.82. Barrington Research currently has a “Outperform” rating and a $55.00 target price on the stock. Barrington Research also issued estimates for ICF International’s Q4 2017 earnings at $0.78 EPS and FY2017 earnings at $2.96 EPS.

A number of other equities research analysts have also recently weighed in on ICFI. Noble Financial reiterated a “hold” rating on shares of ICF International in a research note on Thursday, August 3rd. Zacks Investment Research upgraded ICF International from a “hold” rating to a “buy” rating and set a $52.00 price objective for the company in a research note on Friday. Finally, BidaskClub cut ICF International from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the stock. ICF International currently has a consensus rating of “Hold” and an average target price of $57.33.

TRADEMARK VIOLATION NOTICE: This article was originally published by American Banking News and is owned by of American Banking News. If you are viewing this article on another domain, it was copied illegally and republished in violation of international trademark & copyright legislation. The original version of this article can be accessed at https://www.americanbankingnews.com/2017/08/08/q3-2017-eps-estimates-for-icf-international-inc-nasdaqicfi-decreased-by-analyst.html.

ICF International (ICFI) opened at 45.40 on Tuesday. The stock has a market capitalization of $849.75 million, a price-to-earnings ratio of 18.23 and a beta of 0.81. The firm’s 50-day moving average is $46.31 and its 200-day moving average is $46.33. ICF International has a 52-week low of $39.25 and a 52-week high of $59.55.

ICF International (NASDAQ:ICFI) last posted its quarterly earnings results on Wednesday, August 2nd. The business services provider reported $0.73 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.73. ICF International had a net margin of 4.02% and a return on equity of 10.25%. The company 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. ICF International’s revenue for the quarter was up .3% compared to the same quarter last year.

A number of large investors have recently modified their holdings of the stock. SG Americas Securities LLC boosted 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 worth $187,000 after buying an additional 2,153 shares in the last quarter. First Mercantile Trust Co. boosted its stake in shares of ICF International by 781.7% in the second quarter. First Mercantile Trust Co. now owns 5,290 shares of the business services provider’s stock worth $249,000 after buying an additional 4,690 shares in the last quarter. Airain ltd purchased a new stake in shares of ICF International during the first quarter worth $235,000. MARSHALL WACE ASIA Ltd purchased a new stake in shares of ICF International during the first quarter worth $309,000. Finally, Marshall Wace North America L.P. purchased a new stake in shares of ICF International during the first quarter worth $309,000. Institutional investors own 90.17% of the company’s stock.

In other ICF International news, COO John Wasson sold 626 shares of the business’s stock in a transaction that occurred on Wednesday, July 19th. The stock was sold at an average price of $47.50, for a total value of $29,735.00. Following the completion of the sale, the chief operating officer now owns 54,160 shares in the company, valued at $2,572,600. The sale was disclosed in a document filed with the SEC, which is available through this link. 5.48% of the stock is currently owned by insiders.

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.

Earnings History and Estimates for ICF International (NASDAQ:ICFI)

Receive News & Ratings for ICF International Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ICF International Inc. and related companies with MarketBeat.com's FREE daily email newsletter.