ICFI FY2025 EPS Forecast Raised by Barrington Research

ICF International, Inc. (NASDAQ:ICFI - Free Report) - Investment analysts at Barrington Research lifted their FY2025 earnings estimates for shares of ICF International in a research report issued on Wednesday, June 11th. Barrington Research analyst K. Steinke now forecasts that the business services provider will post earnings per share of $6.99 for the year, up from their previous forecast of $6.84. Barrington Research has a "Outperform" rating and a $102.00 price target on the stock. The consensus estimate for ICF International's current full-year earnings is $7.44 per share.

ICF International (NASDAQ:ICFI - Get Free Report) last announced its earnings results on Thursday, May 1st. The business services provider reported $1.94 EPS for the quarter, topping the consensus estimate of $1.74 by $0.20. The firm had revenue of $487.62 million for the quarter, compared to the consensus estimate of $487.28 million. ICF International had a net margin of 5.38% and a return on equity of 14.68%. The business's quarterly revenue was down 1.4% on a year-over-year basis. During the same quarter last year, the firm posted $1.77 EPS.

Several other analysts have also issued reports on the stock. Canaccord Genuity Group decreased their price target on shares of ICF International from $100.00 to $90.00 and set a "hold" rating on the stock in a research report on Thursday, May 8th. Wall Street Zen lowered shares of ICF International from a "buy" rating to a "hold" rating in a research report on Friday, May 2nd. Finally, Truist Financial decreased their target price on shares of ICF International from $97.00 to $85.00 and set a "hold" rating on the stock in a research report on Monday, April 14th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat.com, ICF International presently has a consensus rating of "Moderate Buy" and a consensus price target of $127.20.

ICF International Stock Performance

NASDAQ ICFI traded down $1.00 during midday trading on Friday, hitting $86.08. The company had a trading volume of 119,612 shares, compared to its average volume of 199,648. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.43. The stock has a market cap of $1.58 billion, a price-to-earnings ratio of 15.13 and a beta of 0.51. The firm has a fifty day simple moving average of $84.95 and a two-hundred day simple moving average of $100.32. ICF International has a fifty-two week low of $75.91 and a fifty-two week high of $179.67.

Hedge Funds Weigh In On ICF International

A number of institutional investors have recently modified their holdings of the stock. Third Avenue Management LLC raised its stake in shares of ICF International by 6.4% in the first quarter. Third Avenue Management LLC now owns 47,024 shares of the business services provider's stock worth $3,996,000 after acquiring an additional 2,836 shares during the last quarter. Quantbot Technologies LP raised its stake in shares of ICF International by 25.7% in the first quarter. Quantbot Technologies LP now owns 35,592 shares of the business services provider's stock worth $3,024,000 after acquiring an additional 7,282 shares during the last quarter. Entropy Technologies LP bought a new position in shares of ICF International in the first quarter worth about $661,000. Zions Bancorporation National Association UT bought a new position in shares of ICF International in the first quarter worth about $1,671,000. Finally, Tributary Capital Management LLC raised its stake in shares of ICF International by 5.1% in the first quarter. Tributary Capital Management LLC now owns 222,711 shares of the business services provider's stock worth $18,924,000 after acquiring an additional 10,848 shares during the last quarter. 94.12% of the stock is owned by institutional investors.

Insider Activity at ICF International

In other news, Director Randall Mehl purchased 2,000 shares of the business's stock in a transaction that occurred on Monday, June 9th. The stock was purchased at an average cost of $84.40 per share, with a total value of $168,800.00. Following the acquisition, the director now directly owns 17,754 shares of the company's stock, valued at approximately $1,498,437.60. This trade represents a 12.70% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Scott B. Salmirs purchased 1,250 shares of the business's stock in a transaction that occurred on Friday, June 6th. The shares were purchased at an average cost of $83.98 per share, with a total value of $104,975.00. Following the completion of the acquisition, the director now directly owns 7,653 shares in the company, valued at $642,698.94. The trade was a 19.52% increase in their ownership of the stock. The disclosure for this purchase can be found here. 1.48% of the stock is currently owned by insiders.

ICF International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, July 11th. Investors of record on Friday, June 6th will be issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 0.65%. The ex-dividend date is Friday, June 6th. ICF International's dividend payout ratio is currently 9.61%.

ICF International Company Profile

ICF International, Inc provides management, 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, business, market, business, communication, and technology challenges.