ICF International (NASDAQ:ICFI) Raised to Strong-Buy at Wall Street Zen

ICF International (NASDAQ:ICFI) was upgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “strong-buy” rating in a report issued on Saturday.

Separately, Weiss Ratings restated a “sell (d+)” rating on shares of ICF International in a research report on Friday, July 24th. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $102.33.

ICF International Price Performance

ICFI stock opened at $95.00 on Friday. ICF International has a twelve month low of $58.83 and a twelve month high of $101.71. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.43. The company has a market cap of $1.70 billion, a PE ratio of 19.67 and a beta of 0.51. The business’s 50-day simple moving average is $75.37 and its 200 day simple moving average is $74.56.

ICF International (NASDAQ:ICFI) last posted its quarterly earnings results on Thursday, August 6th. The business services provider reported $1.86 EPS for the quarter, beating the consensus estimate of $1.65 by $0.21. ICF International had a return on equity of 11.59% and a net margin of 4.86%.The firm had revenue of $474.50 million during the quarter, compared to analysts’ expectations of $478.30 million. During the same quarter in the prior year, the firm posted $1.66 EPS. The company’s revenue for the quarter was down .3% on a year-over-year basis. ICF International has set its FY 2026 guidance at 6.950-7.250 EPS. On average, research analysts anticipate that ICF International will post 7.01 earnings per share for the current year.

ICF International declared that its board has initiated a stock repurchase program on Thursday, June 25th that authorizes the company to buyback $100.00 million in shares. This buyback authorization authorizes the business services provider to repurchase up to 8.1% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board of directors believes its stock is undervalued.

Insiders Place Their Bets

In other news, Director Handel Michael J. Van bought 8,000 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The stock was acquired at an average price of $61.39 per share, for a total transaction of $491,120.00. Following the transaction, the director directly owned 24,254 shares of the company’s stock, valued at $1,488,953.06. This trade represents a 49.22% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO John Wasson sold 12,411 shares of ICF International stock in a transaction dated Monday, July 13th. The shares were sold at an average price of $80.08, for a total transaction of $993,872.88. Following the transaction, the chief executive officer directly owned 27,511 shares of the company’s stock, valued at $2,203,080.88. This represents a 31.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.71% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On ICF International

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. bought a new position in shares of ICF International in the second quarter valued at approximately $132,278,000. Neumeier Poma Investment Counsel LLC grew its position 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 last quarter. Bank of New York Mellon Corp bought a new stake in ICF International during the 2nd quarter worth approximately $7,330,000. Systematic Financial Management LP increased its holdings in ICF International by 84.9% during 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 in the last quarter. Finally, Kennedy Capital Management LLC acquired a new stake in ICF International during the 3rd quarter valued at $8,354,000. 94.12% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting ICF International

Here are the key news stories impacting ICF International this week:

• Positive Sentiment: Adjusted EPS exceeded expectations. ICF reported second-quarter non-GAAP EPS of $1.86, up from $1.66 a year earlier and above analyst estimates of approximately $1.65-$1.69. Net income was $27 million, while adjusted EBITDA reached $53.4 million, or 11.2% of revenue. ICF Reports Second Quarter 2026 Results
• Positive Sentiment: Management reaffirmed its full-year outlook. ICF maintained 2026 adjusted EPS guidance of $6.95-$7.25 and revenue guidance of $1.9-$2.0 billion, broadly consistent with analyst expectations. Reaffirmation reduces the risk of a near-term forecast cut. ICF International Declares Dividend, Reaffirms 2026 Outlook
• Positive Sentiment: Future demand indicators were constructive. The business development pipeline reached $9.3 billion at quarter-end, and the company highlighted potential reacceleration in commercial energy and an inflection in federal growth. William Blair maintained a Buy rating, citing these opportunities. ICF International Transitional Quarter Sets Stage for Growth
• Positive Sentiment: ICF declared a quarterly dividend of $0.14 per share, payable October 9 to shareholders of record September 4. The dividend supports shareholder returns, though its annualized yield is modest at roughly 0.6%.
• Neutral Sentiment: Revenue was mixed. Second-quarter revenue of $474.5 million was essentially flat year over year and below the $478.3 million consensus estimate. The quarterly book-to-bill ratio was 0.85, although the trailing-12-month ratio remained healthier at 1.09. ICF Q2 Earnings Metrics Versus Estimates
• Negative Sentiment: Growth remains subdued. The sales shortfall and flat year-over-year revenue underscore slower near-term expansion, while the company described the quarter as transitional and pointed to gradual rather than immediate growth.

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.