ICF International, Inc. (ICFI) Given Consensus Recommendation of “Hold” by Analysts

Shares of ICF International, Inc. (NASDAQ:ICFI) have received a consensus rating of “Hold” from the seven ratings firms that are currently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $58.67.

Several equities research analysts have recently weighed in on ICFI shares. Zacks Investment Research upgraded shares of ICF International from a “hold” rating to a “buy” rating and set a $52.00 price target on the stock in a research report on Friday, June 16th. BidaskClub downgraded shares of ICF International from a “buy” rating to a “hold” rating in a research report on Saturday, July 8th. SunTrust Banks, Inc. reiterated a “buy” rating and set a $56.00 price target on shares of ICF International in a research report on Tuesday, August 29th. Finally, Barrington Research upped their price target on shares of ICF International from $49.00 to $55.00 and gave the stock an “outperform” rating in a research report on Thursday, May 18th.

In related news, insider Ellen Glover sold 5,631 shares of the company’s stock in a transaction dated Friday, September 1st. The shares were sold at an average price of $50.00, for a total transaction of $281,550.00. Following the transaction, the insider now owns 33,354 shares in the company, valued at approximately $1,667,700. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, COO John Wasson sold 626 shares of the company’s stock in a transaction dated Wednesday, July 19th. The stock was sold at an average price of $47.50, for a total transaction of $29,735.00. Following the transaction, the chief operating officer now owns 54,160 shares in the company, valued at approximately $2,572,600. The disclosure for this sale can be found here. In the last quarter, insiders have sold 41,804 shares of company stock worth $2,072,483. 5.48% of the stock is owned by corporate insiders.

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Seizert Capital Partners LLC lifted its position in ICF International by 1.2% during the 2nd quarter. Seizert Capital Partners LLC now owns 59,552 shares of the business services provider’s stock worth $2,805,000 after buying an additional 707 shares in the last quarter. American International Group Inc. lifted its position in ICF International by 7.1% during the 1st quarter. American International Group Inc. now owns 11,116 shares of the business services provider’s stock valued at $459,000 after purchasing an additional 735 shares during the period. Blair William & Co. IL lifted its position in ICF International by 6.5% during the 1st quarter. Blair William & Co. IL now owns 13,326 shares of the business services provider’s stock valued at $563,000 after purchasing an additional 811 shares during the period. Systematic Financial Management LP lifted its position in ICF International by 3.5% during the 2nd quarter. Systematic Financial Management LP now owns 32,395 shares of the business services provider’s stock valued at $1,526,000 after purchasing an additional 1,085 shares during the period. Finally, Strs Ohio lifted its position in ICF International by 7.3% during the 2nd quarter. Strs Ohio now owns 17,600 shares of the business services provider’s stock valued at $828,000 after purchasing an additional 1,200 shares during the period. Institutional investors and hedge funds own 90.26% of the company’s stock.

ICF International (NASDAQ ICFI) traded up 2.24% during mid-day trading on Tuesday, hitting $50.10. 18,307 shares of the company’s stock were exchanged. The stock has a market capitalization of $938.57 million, a P/E ratio of 20.12 and a beta of 0.83. The firm has a 50 day moving average of $45.80 and a 200 day moving average of $45.11. ICF International has a 52 week low of $40.20 and a 52 week high of $59.55.

ICF International (NASDAQ:ICFI) last posted its earnings results on Wednesday, August 2nd. The business services provider reported $0.73 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.73. ICF International had a net margin of 4.02% and a return on equity of 10.25%. The business had revenue of $306.39 million for the quarter, compared to analyst estimates of $309.15 million. During the same quarter in the prior year, the firm earned $0.69 EPS. The firm’s quarterly revenue was up .3% compared to the same quarter last year. Equities analysts forecast that ICF International will post $2.99 earnings per share for the current fiscal year.

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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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