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

ICF International, Inc. (NASDAQ:ICFIGet Free Report)’s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $64.54, but opened at $67.50. ICF International shares last traded at $68.9350, with a volume of 41,508 shares traded.

Analysts Set New Price Targets

ICFI has been the subject of several research reports. Weiss Ratings cut shares of ICF International from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, April 29th. Barrington Research reissued an “outperform” rating and issued a $102.00 target price on shares of ICF International in a research note on Wednesday, March 4th. Two 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 MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $102.33.

Read Our Latest Research Report on ICFI

ICF International Stock Up 1.6%

The firm has a market capitalization of $1.24 billion, a price-to-earnings ratio of 14.88 and a beta of 0.54. The business has a 50 day simple moving average of $68.90 and a 200-day simple moving average of $76.92. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.48 and a current ratio of 1.48.

ICF International (NASDAQ:ICFIGet Free Report) last posted its quarterly earnings results on Thursday, May 7th. The business services provider reported $1.50 EPS for the quarter, missing the consensus estimate of $1.55 by ($0.05). The company had revenue of $437.50 million for the quarter, compared to analysts’ expectations of $448.63 million. ICF International had a return on equity of 11.38% and a net margin of 4.68%.The firm’s revenue was down 10.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.94 EPS. ICF International has set its FY 2026 guidance at 6.950-7.250 EPS. On average, equities analysts expect that ICF International, Inc. will post 7.01 EPS for the current year.

ICF International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 10th. Shareholders of record on Friday, June 5th will be paid a dividend of $0.14 per share. The ex-dividend date of this dividend is Friday, June 5th. This represents a $0.56 dividend on an annualized basis and a yield of 0.8%. ICF International’s payout ratio is 12.12%.

Insiders Place Their Bets

In other news, Director Handel Michael J. Van purchased 8,000 shares of the company’s stock in a transaction dated Friday, May 15th. The stock was acquired at an average price of $61.39 per share, with a total value of $491,120.00. Following the purchase, the director directly owned 24,254 shares in the company, valued at approximately $1,488,953.06. This represents a 49.22% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. 1.39% of the stock is owned by insiders.

Institutional Trading of ICF International

Several institutional investors have recently made changes to their positions in ICFI. SG Americas Securities LLC raised its holdings in ICF International by 214.7% in the 4th quarter. SG Americas Securities LLC now owns 34,847 shares of the business services provider’s stock valued at $2,972,000 after buying an additional 23,773 shares during the period. Kennedy Capital Management LLC boosted its stake in ICF International by 80.7% during the fourth quarter. Kennedy Capital Management LLC now owns 162,690 shares of the business services provider’s stock worth $13,877,000 after buying an additional 72,664 shares during the period. Gabelli Funds LLC increased its position in shares of ICF International by 142.9% during the fourth quarter. Gabelli Funds LLC now owns 25,500 shares of the business services provider’s stock valued at $2,175,000 after acquiring an additional 15,000 shares during the last quarter. Neumeier Poma Investment Counsel LLC increased its position in shares of ICF International by 46.6% during the fourth quarter. Neumeier Poma Investment Counsel LLC now owns 481,086 shares of the business services provider’s stock valued at $41,037,000 after acquiring an additional 152,905 shares during the last quarter. Finally, Wedge Capital Management L L P NC purchased a new stake in shares of ICF International in the 4th quarter valued at approximately $2,345,000. Hedge funds and other institutional investors own 94.12% of the company’s stock.

ICF International Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for ICF International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ICF International and related companies with MarketBeat.com's FREE daily email newsletter.