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.

ICF International (NASDAQ:ICFI) last posted its quarterly earnings data on Thursday, November 2nd. The business services provider reported $0.83 EPS for the quarter, topping the consensus estimate of $0.80 by $0.03. The firm had revenue of $305.30 million during the quarter, compared to analyst estimates of $311.49 million. ICF International had a net margin of 4.05% and a return on equity of 10.14%. ICF International’s revenue was down .4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.81 EPS. research analysts expect that ICF International will post 3 earnings per share for the current fiscal year.

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.

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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.

Analyst Recommendations for ICF International (NASDAQ:ICFI)

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