ICF International (NASDAQ:ICFI) was upgraded by research analysts at ValuEngine from a “hold” rating to a “buy” rating in a report released on Tuesday, November 14th.
ICFI has been the subject of several other reports. Zacks Investment Research cut ICF International from a “buy” rating to a “hold” rating in a research note on Tuesday, August 8th. BidaskClub cut ICF International from a “hold” rating to a “sell” rating in a research report on Friday, July 28th. SunTrust Banks reaffirmed a “buy” rating and set a $56.00 price objective on shares of ICF International in a research report on Tuesday, August 29th. Noble Financial reissued a “hold” rating on shares of ICF International in a research report on Tuesday, November 7th. Finally, Wells Fargo & Company upped their target price on ICF International from $54.00 to $58.00 and gave the company a “market perform” rating in a research report on Wednesday, October 25th. One analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $60.40.
ICF International (ICFI) traded down $0.35 during mid-day trading on Tuesday, hitting $53.70. The company had a trading volume of 75,567 shares, compared to its average volume of 89,733. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.57 and a quick ratio of 1.57. The stock has a market cap of $1,001.08, a P/E ratio of 17.84, a PEG ratio of 1.79 and a beta of 0.84. ICF International has a 52-week low of $40.20 and a 52-week high of $59.55.
In related news, insider James C. M. Morgan sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 5th. The stock was sold at an average price of $51.50, for a total value of $515,000.00. Following the sale, the insider now owns 26,325 shares in the company, valued at approximately $1,355,737.50. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, COO John Wasson sold 12,887 shares of the company’s stock in a transaction that occurred on Friday, September 22nd. The stock was sold at an average price of $52.50, for a total value of $676,567.50. Following the completion of the sale, the chief operating officer now owns 66,421 shares in the company, valued at approximately $3,487,102.50. The disclosure for this sale can be found here. Over the last three months, insiders have sold 33,312 shares of company stock valued at $1,747,803. Company insiders own 5.48% of the company’s stock.
A number of large investors have recently made changes to their positions in ICFI. Geode Capital Management LLC grew its holdings in ICF International by 10.4% during the 1st quarter. Geode Capital Management LLC now owns 187,182 shares of the business services provider’s stock valued at $7,730,000 after buying an additional 17,586 shares during the last quarter. State Street Corp boosted its holdings in shares of ICF International by 5.9% during the first quarter. State Street Corp now owns 341,004 shares of the business services provider’s stock worth $14,083,000 after purchasing an additional 19,110 shares during the last quarter. First Quadrant L P CA acquired a new stake in shares of ICF International during the second quarter worth $505,000. Strs Ohio boosted its holdings in shares of ICF International by 7.3% during the second quarter. Strs Ohio now owns 17,600 shares of the business services provider’s stock worth $828,000 after purchasing an additional 1,200 shares during the last quarter. Finally, Cigna Investments Inc. New acquired a new stake in shares of ICF International during the second quarter worth $423,000. Hedge funds and other institutional investors own 91.14% of the company’s stock.
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ICF International Company Profile
ICF International, Inc provides professional services and technology-based solutions to government and commercial clients, including management, technology, and policy consulting and implementation services. The Company’s services address four markets: energy, environment and infrastructure; health, education and social programs; safety and security, and consumer and financial.
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