ICF International (NASDAQ:ICFI) Share Price Passes Above 200 Day Moving Average – What’s Next?

ICF International, Inc. (NASDAQ:ICFI)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $75.99 and traded as high as $77.89. ICF International shares last traded at $76.98, with a volume of 310,222 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings downgraded ICF International from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, April 29th. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, ICF International currently has a consensus rating of “Hold” and an average price target of $102.33.

ICF International Trading Up 2.8%

The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of $1.39 billion, a price-to-earnings ratio of 16.66 and a beta of 0.53. The business has a 50-day moving average of $69.50 and a two-hundred day moving average of $75.99.

ICF International (NASDAQ:ICFI) last announced its quarterly earnings data on Thursday, May 7th. The business services provider reported $1.50 EPS for the quarter, missing analysts’ consensus estimates of $1.55 by ($0.05). ICF International had a return on equity of 11.38% and a net margin of 4.68%.The firm had revenue of $437.50 million during the quarter, compared to the consensus estimate of $448.63 million. During the same quarter in the prior year, the business posted $1.94 EPS. ICF International’s revenue was down 10.3% compared to the same quarter last year. ICF International has set its FY 2026 guidance at 6.950-7.250 EPS. Research analysts predict that ICF International, Inc. will post 7.01 EPS for the current fiscal year.

ICF International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Shareholders of record on Friday, June 5th will be paid a dividend of $0.14 per share. The ex-dividend date is Friday, June 5th. This represents a $0.56 dividend on an annualized basis and a yield of 0.7%. ICF International’s payout ratio is currently 12.12%.

ICF International announced that its Board of Directors has initiated a stock buyback plan on Thursday, June 25th that allows the company to repurchase $100.00 million in outstanding shares. This repurchase authorization allows the business services provider to reacquire up to 8.1% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s board of directors believes its stock is undervalued.

Insider Activity

In other ICF International news, Director Handel Michael J. Van acquired 8,000 shares of the company’s stock in a transaction dated Friday, May 15th. The stock was bought at an average price of $61.39 per share, for a total transaction of $491,120.00. Following the purchase, the director owned 24,254 shares in the company, valued at $1,488,953.06. This represents a 49.22% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 1.39% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ICFI. Handelsbanken Fonder AB grew its position in shares of ICF International by 4.3% during the 4th quarter. Handelsbanken Fonder AB now owns 7,202 shares of the business services provider’s stock worth $614,000 after buying an additional 300 shares during the period. EverSource Wealth Advisors LLC grew its holdings in ICF International by 2,121.1% during the second quarter. EverSource Wealth Advisors LLC now owns 422 shares of the business services provider’s stock valued at $36,000 after purchasing an additional 403 shares during the period. Trust Point Inc. raised its holdings in ICF International by 8.6% in the fourth quarter. Trust Point Inc. now owns 5,198 shares of the business services provider’s stock worth $443,000 after purchasing an additional 411 shares during the period. Seizert Capital Partners LLC raised its holdings in ICF International by 3.4% in the fourth quarter. Seizert Capital Partners LLC now owns 41,136 shares of the business services provider’s stock worth $3,509,000 after purchasing an additional 1,352 shares during the period. Finally, Geode Capital Management LLC boosted its position in shares of ICF International by 0.6% during the fourth quarter. Geode Capital Management LLC now owns 458,175 shares of the business services provider’s stock worth $39,089,000 after purchasing an additional 2,535 shares in the last quarter. Institutional investors own 94.12% of the company’s stock.

About ICF International

ICF International (NASDAQ: ICFI), commonly known as ICF, is a global consulting and digital services provider specializing in the intersection of strategy, technology, and policy. The firm delivers integrated services and solutions to government and commercial clients in areas such as energy and environment, health and social programs, transportation, infrastructure, technology, and marketing and communications. ICF’s offerings span strategic planning, data analytics, program evaluation, digital transformation, and implementation support.

Founded in 1969 and headquartered in Reston, Virginia, ICF has grown through both organic expansion and targeted acquisitions to broaden its capabilities and geographic reach.