ICF International (NASDAQ:ICFI) Shares Gap Up – Should You Buy?

ICF International, Inc. (NASDAQ:ICFI) shares gapped up prior to trading on Friday . The stock had previously closed at $77.96, but opened at $80.73. ICF International shares last traded at $81.2260, with a volume of 8,722 shares.

Analyst Ratings Changes

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

ICF International Stock Performance

The company has a market capitalization of $1.43 billion, a P/E ratio of 17.07 and a beta of 0.53. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 0.43. The company’s fifty day moving average is $70.66 and its 200 day moving average is $75.61.

ICF International (NASDAQ:ICFI) last issued its earnings results on Thursday, May 7th. The business services provider reported $1.50 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.55 by ($0.05). The business had revenue of $437.50 million for the quarter, compared to the consensus estimate of $448.63 million. ICF International had a net margin of 4.68% and a return on equity of 11.38%. The company’s revenue was down 10.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.94 EPS. ICF International has set its FY 2026 guidance at 6.950-7.250 EPS. As a group, equities analysts anticipate that ICF International, Inc. will post 7.01 earnings per share for the current year.

ICF International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Friday, June 5th were paid a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Friday, June 5th. ICF International’s payout ratio is presently 12.12%.

ICF International announced that its board has initiated a share repurchase plan on Thursday, June 25th that authorizes the company to buyback $100.00 million in outstanding shares. This buyback authorization authorizes the business services provider to repurchase up to 8.1% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s board believes its stock is undervalued.

Insider Transactions at ICF International

In other ICF International news, CEO John Wasson sold 12,411 shares of ICF International stock in a transaction dated Monday, July 13th. The stock was sold at an average price of $80.08, for a total transaction of $993,872.88. Following the completion of the transaction, 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Handel Michael J. Van purchased 8,000 shares of the firm’s stock in a transaction dated Friday, May 15th. The shares were bought at an average price of $61.39 per share, for a total transaction of $491,120.00. Following the completion of the transaction, the director owned 24,254 shares of the company’s stock, valued at approximately $1,488,953.06. This trade represents a 49.22% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 1.71% of the company’s stock.

Hedge Funds Weigh In On ICF International

A number of large investors have recently modified their holdings of ICFI. Neumeier Poma Investment Counsel LLC increased its holdings in ICF International by 46.6% during the 4th quarter. Neumeier Poma Investment Counsel LLC now owns 481,086 shares of the business services provider’s stock worth $41,037,000 after acquiring an additional 152,905 shares during the period. Systematic Financial Management LP boosted its holdings in ICF International by 84.9% in the 1st quarter. Systematic Financial Management LP now owns 216,538 shares of the business services provider’s stock valued at $14,138,000 after purchasing an additional 99,442 shares during the period. Kennedy Capital Management LLC purchased a new position in shares of ICF International during the 3rd quarter valued at $8,354,000. Wedge Capital Management L L P NC purchased a new position in shares of ICF International during the 4th quarter valued at $2,345,000. Finally, SG Americas Securities LLC increased its holdings in shares of ICF International by 214.7% in the fourth quarter. SG Americas Securities LLC now owns 34,847 shares of the business services provider’s stock worth $2,972,000 after purchasing an additional 23,773 shares during the period. 94.12% of the stock is currently owned by institutional investors.

ICF International Company Profile

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.