ICF International (NASDAQ:ICFI) Hits New 52-Week Low – Should You Sell?

ICF International, Inc. (NASDAQ:ICFI) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $64.25 and last traded at $64.36, with a volume of 455899 shares. The stock had previously closed at $67.27.

Analyst Upgrades and Downgrades

ICFI has been the topic of a number of research analyst reports. Truist Financial boosted their price target on shares of ICF International from $82.00 to $90.00 and gave the stock a “hold” rating in a report on Wednesday, January 14th. Weiss Ratings downgraded shares of ICF International from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, April 29th. Finally, Barrington Research reissued an “outperform” rating and issued a $102.00 price target on shares of ICF International in a report on Wednesday, March 4th. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $102.33.

ICF International Stock Performance

The firm has a market capitalization of $1.16 billion, a PE ratio of 13.93 and a beta of 0.56. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.27 and a quick ratio of 1.27. The company’s fifty day simple moving average is $69.92 and its 200 day simple moving average is $79.79.

ICF International (NASDAQ:ICFI) last released its quarterly earnings data 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 business had revenue of $437.50 million for the quarter, compared to analysts’ expectations of $448.63 million. ICF International had a net margin of 4.68% and a return on equity of 11.42%. ICF International’s revenue for the quarter was down 10.3% compared to the same quarter last year. During the same period last year, the company earned $1.94 earnings per share. ICF International has set its FY 2026 guidance at 6.950-7.250 EPS. As a group, equities research analysts expect that ICF International, Inc. will post 6.96 EPS for the current fiscal year.

ICF International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Stockholders of record on Friday, June 5th will be issued a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, June 5th. ICF International’s dividend payout ratio is presently 12.12%.

Insider Activity

In other news, Director Randall Mehl purchased 1,100 shares of the stock in a transaction dated Friday, March 6th. The shares were purchased at an average cost of $74.30 per share, with a total value of $81,730.00. Following the completion of the acquisition, the director owned 21,574 shares in the company, valued at $1,602,948.20. This represents a 5.37% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 1.39% of the company’s stock.

Institutional Investors Weigh In On ICF International

Institutional investors and hedge funds have recently modified their holdings of the company. SG Americas Securities LLC lifted its holdings in shares of ICF International by 214.7% in the fourth quarter. SG Americas Securities LLC now owns 34,847 shares of the business services provider’s stock worth $2,972,000 after buying an additional 23,773 shares in the last quarter. Neumeier Poma Investment Counsel LLC lifted its holdings in shares of ICF International by 92.0% in the third quarter. Neumeier Poma Investment Counsel LLC now owns 328,181 shares of the business services provider’s stock worth $30,455,000 after buying an additional 157,295 shares in the last quarter. Wedge Capital Management L L P NC purchased a new stake in shares of ICF International in the fourth quarter worth about $2,345,000. Gabelli Funds LLC purchased a new stake in shares of ICF International in the third quarter worth about $974,000. Finally, Trust Point Inc. lifted its holdings in shares of ICF International by 8.6% in the fourth quarter. Trust Point Inc. now owns 5,198 shares of the business services provider’s stock worth $443,000 after buying an additional 411 shares in the last quarter. 94.12% of the stock is owned by hedge funds and other institutional investors.

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.