ICF International Inc (NASDAQ:ICFI) Receives Consensus Rating of “Buy” from Analysts

Share on StockTwits

Shares of ICF International Inc (NASDAQ:ICFI) have received an average recommendation of “Buy” from the eight brokerages that are currently covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $90.83.

A number of brokerages recently commented on ICFI. SunTrust Banks raised their target price on ICF International to $110.00 and gave the stock a “buy” rating in a report on Friday, August 2nd. Sidoti raised their target price on ICF International from $96.00 to $99.00 and gave the stock a “buy” rating in a report on Thursday, September 19th. Barrington Research reaffirmed a “buy” rating and issued a $89.00 target price on shares of ICF International in a report on Wednesday, August 7th. ValuEngine cut ICF International from a “buy” rating to a “hold” rating in a report on Tuesday, September 10th. Finally, BidaskClub raised ICF International from a “hold” rating to a “buy” rating in a report on Tuesday, October 29th.

Large investors have recently bought and sold shares of the business. Marshall Wace North America L.P. raised its position in shares of ICF International by 308.9% during the first quarter. Marshall Wace North America L.P. now owns 2,114 shares of the business services provider’s stock worth $161,000 after acquiring an additional 1,597 shares during the last quarter. Copper Rock Capital Partners LLC raised its position in shares of ICF International by 13.2% during the second quarter. Copper Rock Capital Partners LLC now owns 325,548 shares of the business services provider’s stock worth $23,700,000 after acquiring an additional 38,051 shares during the last quarter. Falcon Point Capital LLC raised its position in shares of ICF International by 48.9% during the second quarter. Falcon Point Capital LLC now owns 73,982 shares of the business services provider’s stock worth $5,386,000 after acquiring an additional 24,293 shares during the last quarter. Peregrine Capital Management LLC raised its position in shares of ICF International by 21.0% during the second quarter. Peregrine Capital Management LLC now owns 278,539 shares of the business services provider’s stock worth $20,278,000 after acquiring an additional 48,341 shares during the last quarter. Finally, SG Americas Securities LLC raised its position in shares of ICF International by 219.9% during the second quarter. SG Americas Securities LLC now owns 25,499 shares of the business services provider’s stock worth $1,856,000 after acquiring an additional 17,528 shares during the last quarter. 93.87% of the stock is currently owned by institutional investors and hedge funds.

Shares of ICF International stock traded down $0.66 during midday trading on Friday, hitting $85.03. The company had a trading volume of 111,700 shares, compared to its average volume of 91,764. ICF International has a 52-week low of $60.22 and a 52-week high of $86.38. The company has a 50 day moving average of $80.53 and a 200 day moving average of $78.69. The stock has a market capitalization of $1.61 billion, a P/E ratio of 22.80, a P/E/G ratio of 2.04 and a beta of 0.60. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.66 and a current ratio of 1.66.

ICF International (NASDAQ:ICFI) last announced its earnings results on Thursday, August 1st. The business services provider reported $0.97 EPS for the quarter, topping the Zacks’ consensus estimate of $0.93 by $0.04. ICF International had a return on equity of 11.73% and a net margin of 4.60%. The company had revenue of $366.70 million for the quarter, compared to analysts’ expectations of $356.58 million. During the same period last year, the firm earned $0.80 EPS. ICF International’s revenue for the quarter was up 13.1% compared to the same quarter last year. Equities research analysts forecast that ICF International will post 4.21 EPS for the current year.

About ICF International

ICF International Inc provides management, marketing, technology, and policy consulting and implementation services to government and commercial clients in the United States and internationally. The company researches critical policy, industry, stakeholder issues, trends, and behaviors; measures and evaluates results and their impact; and provides strategic planning and advisory services to its clients on how to navigate societal, market, business, communication, and technology challenges.

Further Reading: Rule of 72

Analyst Recommendations for ICF International (NASDAQ:ICFI)

Receive News & Ratings for ICF International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ICF International and related companies with MarketBeat.com's FREE daily email newsletter.