ICF International, Inc. (NASDAQ:ICFI - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $88.40 and traded as high as $94.02. ICF International shares last traded at $92.80, with a volume of 162,188 shares.
Wall Street Analyst Weigh In
Separately, Barrington Research reissued an "outperform" rating and issued a $107.00 price target on shares of ICF International in a research note on Tuesday, September 23rd. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, ICF International presently has an average rating of "Moderate Buy" and a consensus target price of $128.20.
Check Out Our Latest Report on ICF International
ICF International Trading Down 0.3%
The firm has a 50-day moving average of $94.60 and a 200-day moving average of $88.40. 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 firm has a market capitalization of $1.71 billion, a P/E ratio of 16.14 and a beta of 0.51.
ICF International (NASDAQ:ICFI - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The business services provider reported $1.66 earnings per share for the quarter, topping 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 period last year, the company earned $1.69 EPS. The business's quarterly revenue was down 7.2% compared to the same quarter last year. ICF International has set its FY 2025 guidance at 7.450-7.450 EPS. On average, equities research analysts anticipate that ICF International, Inc. will post 7.44 EPS for the current fiscal year.
ICF International Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, October 10th. Investors of record on Friday, September 5th will be paid a dividend of $0.14 per share. The ex-dividend date of this dividend 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 is presently 9.74%.
Institutional Trading of ICF International
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Zions Bancorporation National Association UT acquired a new stake in ICF International in the first quarter valued at about $1,671,000. GAMMA Investing LLC grew its stake in ICF International by 23,974.1% in the 1st quarter. GAMMA Investing LLC now owns 13,000 shares of the business services provider's stock worth $11,050,000 after acquiring an additional 12,946 shares during the period. SG Americas Securities LLC grew its stake in ICF International by 1,156.9% in the 1st quarter. SG Americas Securities LLC now owns 13,864 shares of the business services provider's stock worth $1,178,000 after acquiring an additional 12,761 shares during the period. Tributary Capital Management LLC grew its stake in ICF International by 5.1% in the 1st 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 period. Finally, Argent Capital Management LLC grew its stake in shares of ICF International by 26.4% during the 2nd quarter. Argent Capital Management LLC now owns 47,946 shares of the business services provider's stock valued at $4,062,000 after buying an additional 10,028 shares during the period. Hedge funds and other institutional investors own 94.12% of the company's stock.
About ICF International
(
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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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