ICF International, Inc. (NASDAQ:ICFI) Receives Consensus Rating of “Moderate Buy” from Brokerages

ICF International, Inc. (NASDAQ:ICFI) has been given an average rating of “Moderate Buy” by the six analysts that are currently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $140.20.

Several equities analysts have commented on ICFI shares. Canaccord Genuity Group reiterated a “hold” rating and set a $100.00 price objective (down previously from $200.00) on shares of ICF International in a research report on Friday, February 28th. D. Boral Capital restated an “outperform” rating and set a $174.00 price objective on shares of ICF International in a research report on Monday, December 16th. Sidoti upgraded ICF International from a “neutral” rating to a “buy” rating and set a $185.00 target price for the company in a report on Tuesday, November 19th. StockNews.com downgraded ICF International from a “buy” rating to a “hold” rating in a research report on Monday. Finally, Truist Financial lowered their price target on ICF International from $180.00 to $140.00 and set a “hold” rating for the company in a research report on Friday, November 22nd.

ICF International Stock Performance

NASDAQ:ICFI opened at $81.89 on Friday. The company has a market cap of $1.51 billion, a price-to-earnings ratio of 14.39 and a beta of 0.56. ICF International has a 1 year low of $75.91 and a 1 year high of $179.67. The stock’s 50 day simple moving average is $114.47 and its two-hundred day simple moving average is $141.21. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.21 and a quick ratio of 1.21.

ICF International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 14th. Stockholders of record on Friday, March 28th will be issued a $0.14 dividend. The ex-dividend date of this dividend is Friday, March 28th. This represents a $0.56 annualized dividend and a dividend yield of 0.68%. ICF International’s payout ratio is 9.61%.

Hedge Funds Weigh In On ICF International

A number of large investors have recently bought and sold shares of the business. Farther Finance Advisors LLC increased its stake in ICF International by 13.1% in the third quarter. Farther Finance Advisors LLC now owns 502 shares of the business services provider’s stock worth $84,000 after purchasing an additional 58 shares during the period. Chartwell Investment Partners LLC boosted its stake in shares of ICF International by 0.8% during the third quarter. Chartwell Investment Partners LLC now owns 8,255 shares of the business services provider’s stock valued at $1,377,000 after purchasing an additional 67 shares during the period. Torray Investment Partners LLC grew its holdings in shares of ICF International by 1.2% in the fourth quarter. Torray Investment Partners LLC now owns 13,100 shares of the business services provider’s stock worth $1,562,000 after purchasing an additional 152 shares during the last quarter. Russell Investments Group Ltd. increased its stake in ICF International by 1.0% in the 4th quarter. Russell Investments Group Ltd. now owns 21,065 shares of the business services provider’s stock worth $2,511,000 after buying an additional 218 shares during the period. Finally, SG Americas Securities LLC lifted its holdings in ICF International by 44.4% during the 4th quarter. SG Americas Securities LLC now owns 1,103 shares of the business services provider’s stock valued at $131,000 after buying an additional 339 shares in the last quarter. Hedge funds and other institutional investors own 94.12% of the company’s stock.

About ICF International

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.