FY2025 EPS Estimates for ICFI Raised by Barrington Research

ICF International, Inc. (NASDAQ:ICFI) – Equities research analysts at Barrington Research increased their FY2025 earnings per share estimates for shares of ICF International in a research report issued to clients and investors on Monday, August 11th. Barrington Research analyst K. Steinke now forecasts that the business services provider will earn $7.06 per share for the year, up from their prior estimate of $6.99. Barrington Research has a “Outperform” rating and a $107.00 price objective on the stock. The consensus estimate for ICF International’s current full-year earnings is $7.44 per share.

ICF International (NASDAQ:ICFI) last posted its quarterly earnings data on Thursday, July 31st. The business services provider reported $1.66 EPS for the quarter, topping analysts’ consensus estimates of $1.63 by $0.03. ICF International had a net margin of 5.45% and a return on equity of 14.50%. The company had revenue of $476.16 million during the quarter, compared to the consensus estimate of $482.84 million. During the same period in the prior year, the business posted $1.69 EPS. The company’s quarterly revenue was down 7.2% on a year-over-year basis.

A number of other equities analysts also recently commented on the stock. Canaccord Genuity Group reduced their price objective on shares of ICF International from $100.00 to $90.00 and set a “hold” rating for the company in a research note on Thursday, May 8th. Wall Street Zen downgraded shares of ICF International from a “buy” rating to a “hold” rating in a research note on Friday, May 2nd. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, ICF International presently has an average rating of “Moderate Buy” and a consensus target price of $128.20.

ICF International Trading Up 4.2%

ICF International stock opened at $99.66 on Tuesday. The firm has a 50-day moving average of $86.88 and a 200-day moving average of $89.74. ICF International has a one year low of $75.91 and a one year high of $179.67. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.29 and a quick ratio of 1.29. The company has a market cap of $1.84 billion, a price-to-earnings ratio of 17.33 and a beta of 0.49.

Institutional Investors Weigh In On ICF International

Several hedge funds have recently bought and sold shares of the company. EverSource Wealth Advisors LLC raised 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 acquiring an additional 403 shares during the period. Rhumbline Advisers raised its holdings in ICF International by 13.1% in the 2nd quarter. Rhumbline Advisers now owns 31,877 shares of the business services provider’s stock valued at $2,700,000 after acquiring an additional 3,697 shares during the period. Police & Firemen s Retirement System of New Jersey raised its holdings in ICF International by 7.7% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 4,278 shares of the business services provider’s stock valued at $362,000 after acquiring an additional 307 shares during the period. Geode Capital Management LLC raised its holdings in ICF International by 0.6% in the 2nd quarter. Geode Capital Management LLC now owns 454,451 shares of the business services provider’s stock valued at $38,502,000 after acquiring an additional 2,786 shares during the period. Finally, Zions Bancorporation National Association UT raised its holdings in ICF International by 7.1% in the 2nd quarter. Zions Bancorporation National Association UT now owns 21,063 shares of the business services provider’s stock valued at $1,784,000 after acquiring an additional 1,393 shares during the period. 94.12% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Randall Mehl bought 2,000 shares of the business’s stock in a transaction that occurred on Monday, June 9th. The stock was acquired at an average cost of $84.40 per share, for a total transaction of $168,800.00. Following the purchase, the director owned 17,754 shares of the company’s stock, valued at approximately $1,498,437.60. This trade represents a 12.70% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Scott B. Salmirs bought 1,250 shares of the business’s stock in a transaction that occurred on Friday, June 6th. The stock was purchased at an average price of $83.98 per share, with a total value of $104,975.00. Following the completion of the purchase, the director directly owned 7,653 shares in the company, valued at $642,698.94. The trade was a 19.52% increase in their position. The disclosure for this purchase can be found here. Company insiders own 1.48% of the company’s stock.

ICF International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, October 10th. Investors of record on Friday, September 5th will be paid a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 0.6%. The ex-dividend date is Friday, September 5th. ICF International’s dividend payout ratio (DPR) is 9.74%.

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.