ICF International (ICFI) Rating Increased to Buy at ValuEngine

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.

ICF International (NASDAQ:ICFI) last posted its quarterly earnings data on Thursday, November 2nd. The business services provider reported $0.83 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.80 by $0.03. ICF International had a return on equity of 10.14% and a net margin of 4.05%. The firm had revenue of $305.30 million for the quarter, compared to the consensus estimate of $311.49 million. During the same quarter in the previous year, the business earned $0.81 EPS. The company’s quarterly revenue was down .4% compared to the same quarter last year. sell-side analysts expect that ICF International will post 3 EPS for the current fiscal year.

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.

COPYRIGHT VIOLATION WARNING: “ICF International (ICFI) Rating Increased to Buy at ValuEngine” was originally reported by BBNS and is owned by of BBNS. If you are accessing this story on another domain, it was copied illegally and republished in violation of international trademark and copyright legislation. The legal version of this story can be viewed at https://baseballnewssource.com/markets/icf-international-inc-icfi-upgraded-to-buy-by-valuengine/1782427.html.

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for ICF International (NASDAQ:ICFI)

Receive News & Ratings for ICF International Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ICF International Inc and related companies with our FREE daily email newsletter.

 


Latest News

Tigers Trade Ian Kinsler to Angels for Pair of Minor Leaguers
Tigers Trade Ian Kinsler to Angels for Pair of Minor Leaguers
Manny Machado Could Change Positions or Uniforms
Manny Machado Could Change Positions or Uniforms
Jack Morris, Alan Trammel Voted by Modern Era Committee into Hall of Fame
Jack Morris, Alan Trammel Voted by Modern Era Committee into Hall of Fame
Yankees and Marlins Continue Stanton Trade Talks
Yankees and Marlins Continue Stanton Trade Talks
Marlins Making Moves, Trade Dee Gordon to Seattle
Marlins Making Moves, Trade Dee Gordon to Seattle
Report: Astros Dallas Keuchel Pitched With Injured Foot
Report: Astros Dallas Keuchel Pitched With Injured Foot


Leave a Reply

 
© 2006-2017 BBNS.