ICF International, Inc. (NASDAQ:ICFI) Receives $128.20 Consensus PT from Brokerages

Key Points

• ICF International, Inc. has received a consensus rating of "Moderate Buy" from five brokerages, with an average target price of $128.20.
• The company reported quarterly earnings of $1.66 EPS, which exceeded expectations but reflected a 7.2% decline in revenue year-over-year.
• ICF International will distribute a quarterly dividend of $0.14 per share on October 10th, resulting in an annual yield of 0.6%.

ICF International, Inc. (NASDAQ:ICFI - Get Free Report) has earned a consensus rating of "Moderate Buy" from the five research firms that are currently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $128.20.

Separately, Barrington Research upped their price objective on ICF International from $102.00 to $107.00 and gave the stock an "outperform" rating in a report on Monday, August 11th.

Institutional Trading of ICF International

Several hedge funds have recently modified their holdings of ICFI. EverSource Wealth Advisors LLC raised its holdings in ICF International by 2,121.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 422 shares of the business services provider's stock valued at $36,000 after buying an additional 403 shares during the period. Captrust Financial Advisors purchased a new stake in ICF International during the 2nd quarter valued at $246,000. Anchor Investment Management LLC purchased a new stake in ICF International during the 2nd quarter valued at $249,000. Cornerstone Investment Partners LLC purchased a new stake in ICF International during the 2nd quarter valued at $270,000. Finally, Police & Firemen s Retirement System of New Jersey raised its holdings in ICF International by 7.7% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 4,278 shares of the business services provider's stock valued at $362,000 after buying an additional 307 shares during the period. 94.12% of the stock is owned by hedge funds and other institutional investors.

ICF International Price Performance

ICFI stock traded down $2.58 during midday trading on Wednesday, hitting $95.19. The company's stock had a trading volume of 224,123 shares, compared to its average volume of 149,617. ICF International has a 12 month low of $75.91 and a 12 month high of $179.67. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.47. The firm has a market capitalization of $1.75 billion, a price-to-earnings ratio of 16.55 and a beta of 0.51. The company has a 50 day moving average of $93.33 and a two-hundred day moving average of $87.99.

ICF International (NASDAQ:ICFI - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The business services provider reported $1.66 earnings per share for the quarter, topping the consensus estimate of $1.63 by $0.03. The business had revenue of $476.16 million during the quarter, compared to the consensus estimate of $482.84 million. ICF International had a return on equity of 14.50% and a net margin of 5.45%.The firm's revenue for the quarter was down 7.2% compared to the same quarter last year. During the same period in the prior year, the company posted $1.69 EPS. ICF International has set its FY 2025 guidance at 7.450-7.450 EPS. On average, analysts expect that ICF International will post 7.44 EPS for the current year.

ICF International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 10th. Stockholders of record on Friday, September 5th will be 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 of this dividend is Friday, September 5th. ICF International's dividend payout ratio is 9.74%.

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.