ICF International (NASDAQ:ICFI) Stock Price Breaks Above 200-Day Moving Average – Time to Sell?

ICF International, Inc. (NASDAQ:ICFI)’s stock price passed above its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $75.49 and traded as high as $84.00. ICF International shares last traded at $83.56, with a volume of 230,532 shares changing hands.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. Wall Street Zen raised shares of ICF International from a “hold” rating to a “strong-buy” rating in a research note on Saturday, August 8th. Barrington Research set a $110.00 target price on shares of ICF International in a research note on Friday, August 14th. Finally, Weiss Ratings raised shares of ICF International from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, August 12th. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $105.00.

ICF International Trading Up 0.7%

The company’s fifty day simple moving average is $85.99 and its 200-day simple moving average is $75.49. The firm has a market capitalization of $1.50 billion, a PE ratio of 17.30 and a beta of 0.52. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.39 and a quick ratio of 1.39.

ICF International (NASDAQ:ICFI) last released its earnings results on Thursday, August 6th. The business services provider reported $1.86 EPS for the quarter, topping analysts’ consensus estimates of $1.65 by $0.21. The business had revenue of $474.50 million during the quarter, compared to analysts’ expectations of $478.30 million. ICF International had a net margin of 4.86% and a return on equity of 11.53%. The company’s quarterly revenue was down .3% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.66 earnings per share. ICF International has set its FY 2026 guidance at 6.950-7.250 EPS. As a group, sell-side analysts expect that ICF International, Inc. will post 7.07 earnings per share for the current fiscal year.

ICF International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 9th. Shareholders of record on Friday, September 4th will be paid a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 0.7%. The ex-dividend date is Friday, September 4th. ICF International’s payout ratio is 11.59%.

ICF International declared that its Board of Directors has approved a share repurchase plan on Thursday, June 25th that permits the company to buyback $100.00 million in shares. This buyback authorization permits the business services provider to buy up to 8.1% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board of directors believes its shares are undervalued.

Insider Buying and Selling

In other news, EVP Sergio J. Ostria sold 2,000 shares of ICF International stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $88.59, for a total value of $177,180.00. Following the sale, the executive vice president directly owned 24,467 shares of the company’s stock, valued at $2,167,531.53. The trade was a 7.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO John Wasson sold 12,411 shares of the business’s stock in a transaction that occurred on Monday, July 13th. The stock was sold at an average price of $80.08, for a total value of $993,872.88. Following the sale, the chief executive officer owned 27,511 shares of the company’s stock, valued at $2,203,080.88. The trade was a 31.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 20,811 shares of company stock valued at $1,736,301 in the last three months. Insiders own 1.71% 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 the company. BlackRock Inc. purchased a new stake in shares of ICF International during the second quarter worth $132,278,000. Neumeier Poma Investment Counsel LLC raised its position in shares of ICF International by 46.6% in the fourth quarter. Neumeier Poma Investment Counsel LLC now owns 481,086 shares of the business services provider’s stock valued at $41,037,000 after buying an additional 152,905 shares during the last quarter. Systematic Financial Management LP lifted its stake in shares of ICF International by 84.9% in the first quarter. Systematic Financial Management LP now owns 216,538 shares of the business services provider’s stock worth $14,138,000 after buying an additional 99,442 shares in the last quarter. Redwood Grove Capital LLC purchased a new position in shares of ICF International in the second quarter worth about $14,051,000. Finally, Kennedy Capital Management LLC boosted its position in ICF International by 80.7% during the fourth quarter. Kennedy Capital Management LLC now owns 162,690 shares of the business services provider’s stock worth $13,877,000 after acquiring an additional 72,664 shares during the last quarter. Hedge funds and other institutional investors own 94.12% of the company’s stock.

About ICF International

ICF International, Inc is a global consulting and technology services company that helps government agencies and commercial organizations address complex policy, management and operational challenges. The company combines research, data analytics, advisory services and digital technologies to support clients in designing and implementing programs.

Its services span energy and climate, health and human services, public-sector modernization, disaster recovery, transportation, infrastructure, workforce development, communications and marketing.