ICF International (NASDAQ:ICFI – Get Free Report) updated its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 6.950-7.250 for the period, compared to the consensus EPS estimate of 7.020. The company issued revenue guidance of $1.9 billion-$2.0 billion, compared to the consensus revenue estimate of $1.9 billion.
ICF International Stock Up 0.6%
NASDAQ:ICFI traded up $0.50 during midday trading on Thursday, reaching $85.31. 390,617 shares of the stock traded hands, compared to its average volume of 283,767. ICF International has a 12-month low of $58.83 and a 12-month high of $101.71. The business has a 50-day moving average of $74.52 and a two-hundred day moving average of $74.65. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.48 and a current ratio of 1.48. The stock has a market capitalization of $1.54 billion, a PE ratio of 18.47 and a beta of 0.51.
ICF International (NASDAQ:ICFI – Get Free Report) last announced its earnings results on Thursday, August 6th. The business services provider reported $1.86 earnings per share for the quarter, beating the consensus estimate of $1.65 by $0.21. ICF International had a net margin of 4.68% and a return on equity of 11.38%. The company had revenue of $474.50 million during the quarter, compared to the consensus estimate of $478.30 million. ICF International has set its FY 2026 guidance at 6.950-7.250 EPS. On average, equities analysts forecast that ICF International will post 7.01 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings restated a “sell (d+)” rating on shares of ICF International in a research note on Friday, July 24th. Two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $102.33.
Read Our Latest Stock Report on ICF International
Insider Buying and Selling
In related news, Director Handel Michael J. Van bought 8,000 shares of the company’s stock in a transaction on Friday, May 15th. The shares were bought at an average price of $61.39 per share, with a total value of $491,120.00. Following the transaction, the director owned 24,254 shares in the company, valued at approximately $1,488,953.06. This trade represents a 49.22% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO John Wasson sold 12,411 shares of the company’s stock in a transaction that occurred on Monday, July 13th. The shares were sold at an average price of $80.08, for a total transaction of $993,872.88. Following the transaction, the chief executive officer owned 27,511 shares in the company, valued at $2,203,080.88. The trade was a 31.09% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.71% of the stock is owned by company insiders.
Hedge Funds Weigh In On ICF International
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Geode Capital Management LLC grew its stake in ICF International by 0.6% during the 4th quarter. Geode Capital Management LLC now owns 458,175 shares of the business services provider’s stock valued at $39,089,000 after purchasing an additional 2,535 shares during the last quarter. Kennedy Capital Management LLC purchased a new position in shares of ICF International in the third quarter worth about $8,354,000. Third Avenue Management LLC raised its stake in shares of ICF International by 12.4% in the fourth quarter. Third Avenue Management LLC now owns 52,864 shares of the business services provider’s stock worth $4,509,000 after purchasing an additional 5,840 shares during the last quarter. Russell Investments Group Ltd. lifted its holdings in shares of ICF International by 62.2% during the fourth quarter. Russell Investments Group Ltd. now owns 21,132 shares of the business services provider’s stock worth $1,803,000 after purchasing an additional 8,104 shares during the period. Finally, Ameriprise Financial Inc. boosted its position in ICF International by 376.4% in the third quarter. Ameriprise Financial Inc. now owns 19,381 shares of the business services provider’s stock valued at $1,799,000 after buying an additional 15,313 shares during the last quarter. Hedge funds and other institutional investors own 94.12% of the company’s stock.
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.
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