Brokerages expect ICF International, Inc. (NASDAQ:ICFI) to post earnings of $0.98 per share for the current fiscal quarter, according to Zacks Investment Research. Three analysts have issued estimates for ICF International’s earnings. The lowest EPS estimate is $0.95 and the highest is $1.04. ICF International reported earnings per share of $0.89 during the same quarter last year, which suggests a positive year-over-year growth rate of 10.1%. The firm is expected to report its next earnings report on Tuesday, August 3rd.
On average, analysts expect that ICF International will report full-year earnings of $4.57 per share for the current year, with EPS estimates ranging from $4.57 to $4.58. For the next year, analysts expect that the business will report earnings of $5.04 per share, with EPS estimates ranging from $4.97 to $5.13. Zacks’ EPS averages are a mean average based on a survey of sell-side analysts that follow ICF International.
ICF International (NASDAQ:ICFI) last announced its quarterly earnings data on Tuesday, May 4th. The business services provider reported $1.13 EPS for the quarter, beating analysts’ consensus estimates of $0.85 by $0.28. The company had revenue of $378.40 million during the quarter, compared to the consensus estimate of $362.07 million. ICF International had a net margin of 4.11% and a return on equity of 11.66%. The company’s quarterly revenue was up 5.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.83 EPS.
In other ICF International news, insider James C. M. Morgan sold 2,500 shares of the stock in a transaction that occurred on Friday, April 9th. The shares were sold at an average price of $90.50, for a total transaction of $226,250.00. Following the transaction, the insider now directly owns 49,254 shares in the company, valued at $4,457,487. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider James C. M. Morgan sold 5,000 shares of the stock in a transaction that occurred on Wednesday, May 5th. The shares were sold at an average price of $95.50, for a total transaction of $477,500.00. Following the transaction, the insider now owns 46,754 shares in the company, valued at $4,465,007. The disclosure for this sale can be found here. Company insiders own 4.05% of the company’s stock.
Institutional investors have recently modified their holdings of the company. Schroder Investment Management Group bought a new stake in ICF International in the first quarter valued at $8,807,000. Zebra Capital Management LLC purchased a new position in shares of ICF International in the 1st quarter worth about $650,000. SG Americas Securities LLC raised its position in shares of ICF International by 17.3% in the 1st quarter. SG Americas Securities LLC now owns 3,981 shares of the business services provider’s stock worth $348,000 after purchasing an additional 586 shares during the last quarter. Investment Counselors of Maryland LLC raised its position in shares of ICF International by 3.4% in the 1st quarter. Investment Counselors of Maryland LLC now owns 440,629 shares of the business services provider’s stock worth $38,511,000 after purchasing an additional 14,688 shares during the last quarter. Finally, Geode Capital Management LLC raised its position in shares of ICF International by 9.7% in the 1st quarter. Geode Capital Management LLC now owns 301,616 shares of the business services provider’s stock worth $26,361,000 after purchasing an additional 26,677 shares during the last quarter. Hedge funds and other institutional investors own 90.92% of the company’s stock.
ICF International stock traded up $0.69 during midday trading on Friday, hitting $93.73. The company’s stock had a trading volume of 1,209 shares, compared to its average volume of 74,429. ICF International has a 1-year low of $58.95 and a 1-year high of $102.23. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.18 and a current ratio of 1.18. The company has a 50-day simple moving average of $91.21. The company has a market capitalization of $1.77 billion, a P/E ratio of 28.28 and a beta of 0.60.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 14th. Stockholders of record on Friday, June 11th will be issued a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.60%. The ex-dividend date is Thursday, June 10th. ICF International’s payout ratio is 13.43%.
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.
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