ICF International (NASDAQ:ICFI) Hits New 1-Year High – Should You Buy?

ICF International, Inc. (NASDAQ:ICFI)’s stock price reached a new 52-week high during mid-day trading on Monday. The stock traded as high as $98.73 and last traded at $98.3690, with a volume of 22,897 shares. The stock had previously closed at $95.48.

Analyst Upgrades and Downgrades

A number of research firms recently commented on ICFI. Weiss Ratings upgraded ICF International from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, October 2nd. Barrington Research set a $110.00 target price on ICF International in a report on Friday, August 14th. Finally, Wall Street Zen upgraded ICF International from a “hold” rating to a “strong-buy” rating in a research report on Saturday, August 8th. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $105.00.

ICF International Price Performance

The company has a 50 day moving average of $87.83 and a 200 day moving average of $79.04. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.39. The firm has a market cap of $1.77 billion, a price-to-earnings ratio of 20.39 and a beta of 0.45.

ICF International (NASDAQ:ICFI) last posted its earnings results on Thursday, August 6th. The business services provider reported $1.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.65 by $0.21. ICF International had a return on equity of 11.53% and a net margin of 4.86%. The firm had revenue of $474.50 million during the quarter, compared to analysts’ expectations of $478.30 million. During the same period in the previous year, the firm earned $1.66 earnings per share. The company’s revenue was down .3% on a year-over-year basis. ICF International has set its FY 2026 guidance at 6.950-7.250 EPS. Equities research analysts predict that ICF International, Inc. will post 7.07 EPS for the current fiscal year.

ICF International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 9th. Stockholders of record on Friday, September 4th were issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Friday, September 4th. ICF International’s payout ratio is 11.59%.

Insider Activity at ICF International

In other ICF International news, CEO John Wasson sold 6,400 shares of the firm’s stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $88.32, for a total transaction of $565,248.00. Following the sale, the chief executive officer directly owned 6,339 shares in the company, valued at approximately $559,860.48. This trade represents a 50.24% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sergio J. Ostria sold 2,000 shares of ICF International stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $88.59, for a total transaction of $177,180.00. Following the completion of the transaction, the executive vice president directly owned 24,467 shares in the company, valued at approximately $2,167,531.53. The trade was a 7.56% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.71% of the stock is currently owned by insiders.

Institutional Investors Weigh In On ICF International

A number of hedge funds and other institutional investors have recently made changes to their positions in ICFI. Root Financial Partners LLC bought a new position in ICF International during the 3rd quarter worth about $25,000. Nisa Investment Advisors LLC lifted its holdings in shares of ICF International by 11.0% in the third quarter. Nisa Investment Advisors LLC now owns 1,630 shares of the business services provider’s stock valued at $136,000 after purchasing an additional 162 shares in the last quarter. GAMMA Investing LLC lifted its holdings in shares of ICF International by 41.3% in the third quarter. GAMMA Investing LLC now owns 472 shares of the business services provider’s stock valued at $39,000 after purchasing an additional 138 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of ICF International by 73.2% in the third quarter. Farther Finance Advisors LLC now owns 336 shares of the business services provider’s stock valued at $28,000 after purchasing an additional 142 shares in the last quarter. Finally, Empowered Funds LLC acquired a new position in shares of ICF International during the second quarter worth about $3,881,000. 94.12% of the stock is currently owned by institutional investors and hedge funds.

About ICF International

ICF International, Inc is a global consulting and technology services company that helps government agencies, businesses and nonprofit organizations address complex policy, management and operational challenges. The company combines research, advisory services, data analytics, technology implementation and strategic communications to support clients from program design through execution and evaluation.

ICF’s work spans energy and climate, environment, transportation, public health, health care, community development, disaster recovery, workforce programs and public-sector modernization.