ICF International (NASDAQ:ICFI) Trading Up 7.2% – Should You Buy?

Shares of ICF International, Inc. (NASDAQ:ICFI) shot up 7.2% on Friday . The company traded as high as $70.08 and last traded at $69.8180. 37,814 shares changed hands during mid-day trading, a decline of 87% from the average daily volume of 286,931 shares. The stock had previously closed at $65.11.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Weiss Ratings lowered shares of ICF International from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, April 29th. Barrington Research reissued an “outperform” rating and issued a $102.00 price target on shares of ICF International in a research note on Wednesday, March 4th. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $102.33.

ICF International Stock Up 8.0%

The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of $1.27 billion, a PE ratio of 15.23 and a beta of 0.54. The business has a 50-day moving average price of $68.76 and a 200-day moving average price of $76.66.

ICF International (NASDAQ:ICFI) last announced its quarterly earnings data on Thursday, May 7th. The business services provider reported $1.50 EPS for the quarter, missing analysts’ consensus estimates of $1.55 by ($0.05). The company had revenue of $437.50 million for the quarter, compared to analysts’ expectations of $448.63 million. ICF International had a return on equity of 11.38% and a net margin of 4.68%.The business’s quarterly revenue was down 10.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.94 EPS. ICF International has set its FY 2026 guidance at 6.950-7.250 EPS. Equities research analysts forecast that ICF International, Inc. will post 7.01 earnings per share for the current fiscal year.

ICF International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, July 10th. Shareholders of record on Friday, June 5th will be paid a $0.14 dividend. The ex-dividend date of this dividend is Friday, June 5th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.8%. ICF International’s dividend payout ratio (DPR) is 12.12%.

ICF International declared that its board has approved a stock repurchase program on Thursday, June 25th that authorizes the company to buyback $100.00 million in outstanding shares. This buyback authorization authorizes the business services provider to buy up to 8.1% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

Insider Buying and Selling at ICF International

In other news, Director Handel Michael J. Van purchased 8,000 shares of the stock in a transaction dated Friday, May 15th. The shares were purchased at an average price of $61.39 per share, with a total value of $491,120.00. Following the transaction, the director owned 24,254 shares in the company, valued at $1,488,953.06. The trade was a 49.22% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.48% of the company’s stock.

Hedge Funds Weigh In On ICF International

A number of institutional investors have recently bought and sold shares of the company. EverSource Wealth Advisors LLC boosted its holdings in 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 purchasing an additional 403 shares during the last quarter. Captrust Financial Advisors acquired a new stake in shares of ICF International during the 2nd quarter worth approximately $246,000. TradeLink Capital LLC acquired a new stake in shares of ICF International during the 4th quarter worth approximately $296,000. Trust Point Inc. raised its position in shares of ICF International by 8.6% during the 4th quarter. Trust Point Inc. now owns 5,198 shares of the business services provider’s stock valued at $443,000 after buying an additional 411 shares during the period. Finally, Teton Advisors LLC purchased a new stake in shares of ICF International during the 3rd quarter valued at approximately $464,000. 94.12% of the stock is owned by hedge funds and other institutional investors.

ICF International Company Profile

ICF International (NASDAQ: ICFI), commonly known as ICF, is a global consulting and digital services provider specializing in the intersection of strategy, technology, and policy. The firm delivers integrated services and solutions to government and commercial clients in areas such as energy and environment, health and social programs, transportation, infrastructure, technology, and marketing and communications. ICF’s offerings span strategic planning, data analytics, program evaluation, digital transformation, and implementation support.

Founded in 1969 and headquartered in Reston, Virginia, ICF has grown through both organic expansion and targeted acquisitions to broaden its capabilities and geographic reach.