Barrington Research set a $86.00 target price on ICF International (NASDAQ:ICFI) in a research note issued to investors on Friday morning. The brokerage currently has a buy rating on the business services provider’s stock.

ICFI has been the topic of a number of other reports. BidaskClub cut ICF International from a buy rating to a hold rating in a research note on Thursday, September 20th. Cowen raised ICF International from a market perform rating to an outperform rating and set a $85.00 target price on the stock in a research note on Friday, August 3rd. Finally, Loop Capital increased their target price on ICF International to $89.00 and gave the stock a buy rating in a research note on Friday, August 3rd. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. ICF International currently has an average rating of Buy and an average target price of $79.67.

Shares of NASDAQ ICFI traded down $0.62 during trading on Friday, reaching $71.94. The company had a trading volume of 74,888 shares, compared to its average volume of 99,684. ICF International has a 12-month low of $50.10 and a 12-month high of $82.25. The stock has a market cap of $1.37 billion, a P/E ratio of 23.82, a P/E/G ratio of 1.91 and a beta of 0.72. The company has a current ratio of 1.65, a quick ratio of 1.80 and a debt-to-equity ratio of 0.36.

ICF International (NASDAQ:ICFI) last released its earnings results on Thursday, November 1st. The business services provider reported $1.01 EPS for the quarter, hitting analysts’ consensus estimates of $1.01. ICF International had a return on equity of 10.24% and a net margin of 5.45%. The firm had revenue of $333.00 million for the quarter, compared to analysts’ expectations of $332.19 million. During the same period in the prior year, the firm posted $0.83 earnings per share. The company’s quarterly revenue was up 9.1% on a year-over-year basis. As a group, analysts forecast that ICF International will post 3.81 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 16th. Stockholders of record on Friday, December 7th will be paid a $0.14 dividend. The ex-dividend date is Thursday, December 6th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.78%. ICF International’s dividend payout ratio is currently 18.54%.

In related news, COO John Wasson sold 2,532 shares of the stock in a transaction on Tuesday, September 18th. The stock was sold at an average price of $79.58, for a total transaction of $201,496.56. Following the sale, the chief operating officer now directly owns 51,113 shares of the company’s stock, valued at $4,067,572.54. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 4.67% of the company’s stock.

Several institutional investors have recently added to or reduced their stakes in ICFI. Wells Fargo & Company MN boosted its position in shares of ICF International by 3.1% during the first quarter. Wells Fargo & Company MN now owns 28,553 shares of the business services provider’s stock valued at $1,669,000 after buying an additional 862 shares during the last quarter. Peregrine Capital Management LLC boosted its position in shares of ICF International by 11.3% during the second quarter. Peregrine Capital Management LLC now owns 153,541 shares of the business services provider’s stock valued at $10,909,000 after buying an additional 15,621 shares during the last quarter. James Investment Research Inc. purchased a new stake in shares of ICF International during the second quarter valued at $2,156,000. Wedge Capital Management L L P NC purchased a new stake in shares of ICF International during the second quarter valued at $597,000. Finally, EAM Investors LLC purchased a new stake in shares of ICF International during the second quarter valued at $4,083,000. 91.91% of the stock is currently owned by institutional investors.

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, and 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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Analyst Recommendations for ICF International (NASDAQ:ICFI)

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