ICF International, Inc. (NASDAQ:ICFI) Receives $140.20 Consensus Target Price from Brokerages

Shares of ICF International, Inc. (NASDAQ:ICFI) have been assigned an average rating of “Moderate Buy” from the six ratings firms that are currently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $140.20.

Several equities analysts recently issued reports on ICFI shares. Canaccord Genuity Group reiterated a “hold” rating and set a $100.00 price target (down previously from $200.00) on shares of ICF International in a research report on Friday, February 28th. StockNews.com upgraded ICF International from a “hold” rating to a “buy” rating in a report on Saturday. D. Boral Capital reissued an “outperform” rating and issued a $174.00 target price on shares of ICF International in a research report on Monday, December 16th. Finally, Barrington Research dropped their price target on ICF International from $174.00 to $102.00 and set an “outperform” rating on the stock in a research report on Monday, March 3rd.

ICF International Stock Up 0.2 %

Shares of ICF International stock opened at $86.17 on Wednesday. The company’s fifty day simple moving average is $101.75 and its two-hundred day simple moving average is $131.51. ICF International has a 12-month low of $75.91 and a 12-month high of $179.67. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.43. The company has a market cap of $1.59 billion, a P/E ratio of 15.14 and a beta of 0.56.

ICF International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 14th. Shareholders of record on Friday, March 28th will be paid a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.65%. The ex-dividend date is Friday, March 28th. ICF International’s dividend payout ratio is 9.61%.

Hedge Funds Weigh In On ICF International

Large investors have recently made changes to their positions in the business. Geode Capital Management LLC increased its position in ICF International by 4.3% during the 3rd quarter. Geode Capital Management LLC now owns 440,985 shares of the business services provider’s stock valued at $73,566,000 after buying an additional 18,109 shares in the last quarter. BNP Paribas Financial Markets grew its stake in shares of ICF International by 94.1% in the third quarter. BNP Paribas Financial Markets now owns 17,631 shares of the business services provider’s stock worth $2,941,000 after acquiring an additional 8,548 shares during the last quarter. Quantbot Technologies LP bought a new position in shares of ICF International during the third quarter valued at $852,000. Pier Capital LLC bought a new position in shares of ICF International during the third quarter valued at $6,579,000. Finally, Wilmington Savings Fund Society FSB purchased a new position in shares of ICF International in the 3rd quarter worth about $734,000. 94.12% of the stock is currently owned by hedge funds and other institutional investors.

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.