ICF International (NASDAQ:ICFI) COO Sells $228,456.00 in Stock

Key Points

• ICF International's COO, James Morgan, sold 2,400 shares of the company's stock for a total of $228,456, resulting in a 5.70% decrease in his ownership position.
• ICF International reported earnings per share (EPS) of $1.66 for the quarter, slightly above analysts' expectations, but revenue declined by 7.2% year-over-year.
• The company has set its FY 2025 EPS guidance at $7.450, with a consensus rating of "Moderate Buy" and an average price target of $128.20 from analysts.

ICF International, Inc. (NASDAQ:ICFI - Get Free Report) COO James Morgan sold 2,400 shares of the stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of $95.19, for a total value of $228,456.00. Following the transaction, the chief operating officer owned 39,704 shares in the company, valued at $3,779,423.76. This trade represents a 5.70% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

ICF International Price Performance

Shares of NASDAQ:ICFI traded up $0.45 during midday trading on Monday, reaching $94.59. 108,076 shares of the company's stock traded hands, compared to its average volume of 230,711. ICF International, Inc. has a 1 year low of $75.91 and a 1 year high of $179.67. The company has a market cap of $1.74 billion, a P/E ratio of 16.45 and a beta of 0.47. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.29 and a current ratio of 1.29. The company has a fifty day simple moving average of $95.07 and a two-hundred day simple moving average of $88.55.

ICF International (NASDAQ:ICFI - Get Free Report) last announced its earnings results on Thursday, July 31st. The business services provider reported $1.66 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.63 by $0.03. ICF International had a return on equity of 14.50% and a net margin of 5.45%.The firm had revenue of $476.16 million for the quarter, compared to analyst estimates of $482.84 million. During the same quarter last year, the firm posted $1.69 EPS. The business's revenue was down 7.2% on a year-over-year basis. ICF International has set its FY 2025 guidance at 7.450-7.450 EPS. Equities analysts predict that ICF International, Inc. will post 7.44 EPS for the current fiscal year.

ICF International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 10th. Shareholders of record on Friday, September 5th will be issued a $0.14 dividend. The ex-dividend date is Friday, September 5th. This represents a $0.56 dividend on an annualized basis and a yield of 0.6%. ICF International's dividend payout ratio (DPR) is presently 9.74%.

Wall Street Analysts Forecast Growth

ICFI has been the topic of a number of research reports. Barrington Research restated an "outperform" rating and issued a $107.00 price objective on shares of ICF International in a report on Tuesday, September 23rd. Weiss Ratings restated a "hold (c-)" rating on shares of ICF International in a report on Saturday, September 27th. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $128.20.

Hedge Funds Weigh In On ICF International

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Police & Firemen s Retirement System of New Jersey boosted its stake in shares of ICF International by 7.7% in 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. EverSource Wealth Advisors LLC boosted its stake in shares of ICF International by 2,121.1% in 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. Zions Bancorporation National Association UT boosted its stake in shares of ICF International by 7.1% in the 2nd quarter. Zions Bancorporation National Association UT now owns 21,063 shares of the business services provider's stock valued at $1,784,000 after buying an additional 1,393 shares during the period. Geode Capital Management LLC boosted its stake in shares of ICF International by 0.6% in the 2nd quarter. Geode Capital Management LLC now owns 454,451 shares of the business services provider's stock valued at $38,502,000 after buying an additional 2,786 shares during the period. Finally, Third Avenue Management LLC boosted its stake in shares of ICF International by 6.4% in the 1st quarter. Third Avenue Management LLC now owns 47,024 shares of the business services provider's stock valued at $3,996,000 after buying an additional 2,836 shares during the period. Hedge funds and other institutional investors own 94.12% of the company's stock.

About ICF International

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.

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