ICF International Inc (ICFI) Receives Consensus Rating of “Hold” from Analysts

ICF International Inc (NASDAQ:ICFI) has been assigned a consensus recommendation of “Hold” from the seven analysts that are covering the firm, MarketBeat reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and three have issued a buy recommendation on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $58.75.

A number of research firms have recently commented on ICFI. Zacks Investment Research raised ICF International from a “hold” rating to a “buy” rating and set a $62.00 price target on the stock in a research report on Wednesday, October 4th. Wells Fargo & Co raised their price target on ICF International from $54.00 to $58.00 and gave the stock a “market perform” rating in a research report on Wednesday, October 25th. ValuEngine lowered ICF International from a “buy” rating to a “hold” rating in a research report on Thursday, November 30th. BidaskClub lowered ICF International from a “hold” rating to a “sell” rating in a research report on Tuesday, January 9th. Finally, Noble Financial reaffirmed a “hold” rating on shares of ICF International in a research report on Tuesday, November 7th.

A number of institutional investors have recently made changes to their positions in ICFI. Systematic Financial Management LP raised its position in ICF International by 392.2% in the 3rd quarter. Systematic Financial Management LP now owns 159,432 shares of the business services provider’s stock valued at $8,601,000 after buying an additional 127,037 shares during the last quarter. Mutual of America Capital Management LLC raised its position in ICF International by 3,298.5% in the 3rd quarter. Mutual of America Capital Management LLC now owns 50,978 shares of the business services provider’s stock valued at $2,750,000 after buying an additional 49,478 shares during the last quarter. Public Employees Retirement System of Ohio raised its position in ICF International by 2,973.7% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 50,685 shares of the business services provider’s stock valued at $2,734,000 after buying an additional 49,036 shares during the last quarter. Ameriprise Financial Inc. raised its position in ICF International by 163.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 72,959 shares of the business services provider’s stock valued at $3,436,000 after buying an additional 45,251 shares during the last quarter. Finally, Thrivent Financial For Lutherans raised its position in ICF International by 19.5% in the 2nd quarter. Thrivent Financial For Lutherans now owns 256,453 shares of the business services provider’s stock valued at $12,079,000 after buying an additional 41,843 shares during the last quarter. 91.39% of the stock is currently owned by institutional investors and hedge funds.

ICF International (NASDAQ ICFI) opened at $54.30 on Monday. ICF International has a one year low of $40.20 and a one year high of $56.55. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 0.39. The firm has a market capitalization of $1,010.00, a PE ratio of 21.63, a price-to-earnings-growth ratio of 1.65 and a beta of 0.85.

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

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About ICF International

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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