ICF International (NASDAQ:ICFI) Given Hold (C-) Rating at Weiss Ratings

ICF International (NASDAQ:ICFI)‘s stock had its “hold (c-)” rating reaffirmed by stock analysts at Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

Separately, Barrington Research reaffirmed an “outperform” rating and set a $107.00 price target on shares of ICF International in a research report on Tuesday, September 23rd. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, ICF International presently has a consensus rating of “Moderate Buy” and an average target price of $128.20.

ICF International Trading Up 0.2%

ICFI opened at $92.60 on Wednesday. The firm has a market cap of $1.71 billion, a price-to-earnings ratio of 16.10 and a beta of 0.47. ICF International has a 52 week low of $75.91 and a 52 week high of $179.67. The business’s 50 day moving average is $95.64 and its two-hundred day moving average is $88.68. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.47.

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

Insider Buying and Selling at ICF International

In other ICF International news, COO James C. M. Morgan sold 2,400 shares of ICF International stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $95.19, for a total value of $228,456.00. Following the transaction, the chief operating officer directly owned 39,704 shares in the company, valued at approximately $3,779,423.76. This trade represents a 5.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 1.48% of the company’s stock.

Institutional Trading of ICF International

A number of institutional investors have recently modified their holdings of the business. Anchor Investment Management LLC purchased a new stake in shares of ICF International in the second quarter valued at approximately $249,000. Captrust Financial Advisors acquired a new position in shares of ICF International in the second quarter worth $246,000. EverSource Wealth Advisors LLC raised its holdings in shares of ICF International by 2,121.1% in the second 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 during the last quarter. Rhumbline Advisers raised its holdings in shares of ICF International by 13.1% in the second quarter. Rhumbline Advisers now owns 31,877 shares of the business services provider’s stock worth $2,700,000 after acquiring an additional 3,697 shares during the last quarter. Finally, Police & Firemen s Retirement System of New Jersey raised its holdings in shares of ICF International by 7.7% in the second 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 during the last quarter. 94.12% of the stock is currently owned by hedge funds and other institutional investors.

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.