ICF International (ICFI) Stock Rating Lowered by BidaskClub
ICF International (NASDAQ:ICFI) was downgraded by research analysts at BidaskClub from a “hold” rating to a “sell” rating in a report issued on Saturday.
ICFI has been the subject of several other research reports. ValuEngine lowered shares of ICF International from a “buy” rating to a “hold” rating in a research note on Thursday, November 30th. SunTrust Banks reiterated a “buy” rating and set a $56.00 price objective on shares of ICF International in a research note on Tuesday, August 29th. Noble Financial restated a “hold” rating on shares of ICF International in a research note on Tuesday, November 7th. Zacks Investment Research upgraded shares of ICF International from a “hold” rating to a “buy” rating and set a $62.00 price target on the stock in a research note on Wednesday, October 4th. Finally, Wells Fargo & Company upped their price target on shares of ICF International from $54.00 to $58.00 and gave the company a “market perform” rating in a research note on Wednesday, October 25th. One analyst has rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $60.40.
Shares of ICF International (NASDAQ ICFI) opened at $52.10 on Friday. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.57 and a quick ratio of 1.57. The firm has a market cap of $959.15, a P/E ratio of 17.09, a PEG ratio of 1.72 and a beta of 0.84. ICF International has a 52-week low of $40.20 and a 52-week high of $57.95.
In other news, COO John Wasson sold 12,887 shares of the stock in a transaction on Friday, September 22nd. The shares were sold at an average price of $52.50, for a total value of $676,567.50. Following the sale, the chief operating officer now owns 66,421 shares in the company, valued at $3,487,102.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Ellen Glover sold 5,634 shares of the stock in a transaction on Wednesday, September 20th. The stock was sold at an average price of $52.00, for a total transaction of $292,968.00. Following the completion of the sale, the insider now owns 33,357 shares in the company, valued at approximately $1,734,564. The disclosure for this sale can be found here. Insiders sold 23,312 shares of company stock worth $1,232,803 in the last quarter. Company insiders own 5.48% of the company’s stock.
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Teachers Advisors LLC boosted its holdings in ICF International by 6.3% during the second quarter. Teachers Advisors LLC now owns 32,729 shares of the business services provider’s stock worth $1,542,000 after buying an additional 1,946 shares in the last quarter. First Quadrant L P CA lifted its holdings in ICF International by 23.2% during the third quarter. First Quadrant L P CA now owns 13,201 shares of the business services provider’s stock valued at $712,000 after purchasing an additional 2,483 shares in the last quarter. Systematic Financial Management LP lifted its holdings in ICF International by 392.2% during the third quarter. Systematic Financial Management LP now owns 159,432 shares of the business services provider’s stock valued at $8,601,000 after purchasing an additional 127,037 shares in the last quarter. State Street Corp lifted its stake in shares of ICF International by 5.3% in the second quarter. State Street Corp now owns 359,155 shares of the business services provider’s stock worth $16,916,000 after buying an additional 18,151 shares in the last quarter. Finally, Martingale Asset Management L P lifted its stake in shares of ICF International by 27.1% in the second quarter. Martingale Asset Management L P now owns 80,726 shares of the business services provider’s stock worth $3,803,000 after buying an additional 17,205 shares in the last quarter. 91.39% of the stock is currently owned by hedge funds and other institutional investors.
COPYRIGHT VIOLATION NOTICE: This report was originally reported by American Banking News and is the property of of American Banking News. If you are viewing this report on another publication, it was illegally stolen and republished in violation of international copyright & trademark law. The correct version of this report can be viewed at https://www.americanbankingnews.com/2017/12/16/icf-international-icfi-stock-rating-lowered-by-bidaskclub.html.
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.
Receive News & Ratings for ICF International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ICF International and related companies with MarketBeat.com's FREE daily email newsletter.