ICF International Inc (NASDAQ:ICFI) has received an average recommendation of “Buy” from the seven ratings firms that are covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month target price among analysts that have covered the stock in the last year is $89.20.

A number of analysts recently issued reports on the company. Zacks Investment Research cut ICF International from a “buy” rating to a “hold” rating and set a $88.00 price objective for the company. in a research report on Tuesday, August 20th. Barrington Research reissued a “buy” rating and set a $89.00 price objective on shares of ICF International in a research report on Wednesday, August 7th. ValuEngine cut ICF International from a “buy” rating to a “hold” rating in a research report on Tuesday. BidaskClub cut ICF International from a “strong-buy” rating to a “buy” rating in a research report on Friday, September 6th. Finally, SunTrust Banks lifted their price objective on ICF International to $110.00 and gave the company a “buy” rating in a research report on Friday, August 2nd.

In other ICF International news, CEO Sudhakar Kesavan sold 15,000 shares of the business’s stock in a transaction dated Tuesday, July 16th. The stock was sold at an average price of $82.00, for a total value of $1,230,000.00. Following the completion of the sale, the chief executive officer now owns 213,498 shares of the company’s stock, valued at $17,506,836. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, COO John Wasson sold 14,468 shares of the business’s stock in a transaction dated Friday, July 12th. The stock was sold at an average price of $80.76, for a total value of $1,168,435.68. Following the completion of the sale, the chief operating officer now directly owns 82,248 shares of the company’s stock, valued at approximately $6,642,348.48. The disclosure for this sale can be found here. Insiders sold 44,468 shares of company stock valued at $3,673,436 in the last ninety days. Insiders own 4.42% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of ICFI. Marshall Wace North America L.P. lifted its position in shares of ICF International by 308.9% during the 1st quarter. Marshall Wace North America L.P. now owns 2,114 shares of the business services provider’s stock worth $161,000 after purchasing an additional 1,597 shares during the last quarter. Paloma Partners Management Co acquired a new position in shares of ICF International during the 2nd quarter worth about $246,000. BNP Paribas Arbitrage SA lifted its position in shares of ICF International by 166.3% during the 1st quarter. BNP Paribas Arbitrage SA now owns 4,066 shares of the business services provider’s stock worth $309,000 after purchasing an additional 2,539 shares during the last quarter. SG Americas Securities LLC lifted its position in shares of ICF International by 104.3% during the 1st quarter. SG Americas Securities LLC now owns 7,971 shares of the business services provider’s stock worth $606,000 after purchasing an additional 4,070 shares during the last quarter. Finally, Dupont Capital Management Corp acquired a new position in shares of ICF International during the 2nd quarter worth about $639,000. 93.33% of the stock is owned by institutional investors and hedge funds.

Shares of ICFI stock traded down $0.99 on Friday, reaching $76.70. 158,600 shares of the company’s stock traded hands, compared to its average volume of 104,702. ICF International has a 12-month low of $60.22 and a 12-month high of $86.38. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.66 and a current ratio of 1.66. The company has a market capitalization of $1.45 billion, a P/E ratio of 20.56, a price-to-earnings-growth ratio of 1.84 and a beta of 0.67. The business’s 50 day moving average price is $82.39 and its two-hundred day moving average price is $77.41.

ICF International (NASDAQ:ICFI) last issued its quarterly earnings results on Thursday, August 1st. The business services provider reported $0.97 earnings per share for the quarter, beating analysts’ consensus estimates of $0.93 by $0.04. The business had revenue of $366.70 million for the quarter, compared to the consensus estimate of $356.58 million. ICF International had a return on equity of 11.73% and a net margin of 4.60%. ICF International’s revenue for the quarter was up 13.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.80 earnings per share. Research analysts predict that ICF International will post 4.21 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Friday, September 13th will be given a $0.14 dividend. The ex-dividend date of this dividend is Thursday, September 12th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.73%. ICF International’s dividend payout ratio is currently 15.01%.

ICF International Company Profile

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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