ICF International, Inc. (NASDAQ:ICFI) Given Consensus Rating of “Moderate Buy” by Brokerages

ICF International, Inc. (NASDAQ:ICFI) has been given a consensus recommendation of “Moderate Buy” by the five brokerages that are currently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $128.20.

Separately, Barrington Research lifted their price objective on shares of ICF International from $102.00 to $107.00 and gave the stock an “outperform” rating in a research report on Monday, August 11th.

Institutional Investors Weigh In On ICF International

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Police & Firemen s Retirement System of New Jersey raised its stake in ICF International by 7.7% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 4,278 shares of the business services provider’s stock worth $362,000 after acquiring an additional 307 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in ICF International by 2,121.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 422 shares of the business services provider’s stock worth $36,000 after acquiring an additional 403 shares in the last quarter. Zions Bancorporation National Association UT raised its stake in ICF International by 7.1% during the 2nd quarter. Zions Bancorporation National Association UT now owns 21,063 shares of the business services provider’s stock worth $1,784,000 after acquiring an additional 1,393 shares in the last quarter. Geode Capital Management LLC raised its stake in ICF International by 0.6% during the 2nd quarter. Geode Capital Management LLC now owns 454,451 shares of the business services provider’s stock worth $38,502,000 after acquiring an additional 2,786 shares in the last quarter. Finally, Third Avenue Management LLC raised its stake in ICF International by 6.4% during the 1st quarter. Third Avenue Management LLC now owns 47,024 shares of the business services provider’s stock worth $3,996,000 after acquiring an additional 2,836 shares in the last quarter. 94.12% of the stock is currently owned by institutional investors and hedge funds.

ICF International Price Performance

ICF International stock opened at $100.58 on Wednesday. The stock has a market cap of $1.85 billion, a P/E ratio of 17.49 and a beta of 0.51. The company has a fifty day simple moving average of $92.86 and a 200-day simple moving average of $87.69. ICF International has a 12-month low of $75.91 and a 12-month high of $179.67. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 0.47.

ICF International (NASDAQ:ICFI) last released its quarterly earnings data on Thursday, July 31st. The business services provider reported $1.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.63 by $0.03. The business had revenue of $476.16 million during the quarter, compared to analysts’ expectations of $482.84 million. ICF International had a net margin of 5.45% and a return on equity of 14.50%. The company’s revenue for the quarter was down 7.2% on a year-over-year basis. During the same period in the previous year, the company earned $1.69 EPS. ICF International has set its FY 2025 guidance at 7.450-7.450 EPS. Equities analysts expect that ICF International will post 7.44 EPS for the current fiscal year.

ICF International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 10th. Stockholders of record on Friday, September 5th will be given a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Friday, September 5th. ICF International’s payout ratio is 9.74%.

ICF International Company Profile

ICF International, Inc provides management, 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, business, market, business, communication, and technology challenges.