Brokerages Set ICF International, Inc. (NASDAQ:ICFI) PT at $128.20

Shares of ICF International, Inc. (NASDAQ:ICFI) have been given an average recommendation of “Moderate Buy” by the six brokerages that are presently covering the firm, MarketBeat reports. Three analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $128.20.

Several research firms recently issued reports on ICFI. Barrington Research reiterated an “outperform” rating and issued a $107.00 price target on shares of ICF International in a report on Tuesday, September 23rd. Weiss Ratings restated a “hold (c-)” rating on shares of ICF International in a research report on Wednesday, October 8th.

ICF International Stock Performance

Shares of ICF International stock opened at $88.17 on Friday. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.29 and a quick ratio of 1.29. The firm has a 50 day simple moving average of $95.22 and a 200 day simple moving average of $88.80. ICF International has a fifty-two week low of $75.91 and a fifty-two week high of $179.67. The firm has a market cap of $1.62 billion, a P/E ratio of 15.33 and a beta of 0.47.

ICF International (NASDAQ:ICFI) last posted 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 firm had revenue of $476.16 million for the quarter, compared to the consensus estimate of $482.84 million. ICF International had a return on equity of 14.50% and a net margin of 5.45%.The business’s revenue for the quarter was down 7.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.69 EPS. ICF International has set its FY 2025 guidance at 7.450-7.450 EPS. Sell-side analysts predict that ICF International will post 7.44 earnings per share for the current fiscal year.

ICF International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 10th. Shareholders of record on Friday, September 5th were paid a $0.14 dividend. The ex-dividend date of this dividend was Friday, September 5th. This represents a $0.56 dividend on an annualized basis and a yield of 0.6%. ICF International’s dividend payout ratio (DPR) is presently 9.74%.

Insider Activity at ICF International

In other news, COO James C. M. Morgan sold 2,400 shares of the stock in a transaction 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 owned 39,704 shares of the company’s stock, valued at $3,779,423.76. This represents a 5.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 1.48% of the company’s stock.

Hedge Funds Weigh In On ICF International

Hedge funds have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC grew its position in shares of 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 buying an additional 403 shares during the period. Captrust Financial Advisors acquired a new position in ICF International during the second quarter valued at approximately $246,000. Anchor Investment Management LLC bought a new stake in ICF International in the second quarter valued at approximately $249,000. Cornerstone Investment Partners LLC bought a new stake in ICF International in the second quarter valued at approximately $270,000. Finally, Police & Firemen s Retirement System of New Jersey raised its holdings in 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 purchasing an additional 307 shares during the period. Institutional investors and hedge funds own 94.12% of the company’s stock.

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.