ICF International (ICFI) Rating Lowered to Sell at BidaskClub

BidaskClub lowered shares of ICF International (NASDAQ:ICFI) from a hold rating to a sell rating in a research note published on Tuesday morning.

Several other equities analysts also recently commented on the company. ValuEngine raised ICF International from a hold rating to a buy rating in a research report on Tuesday, November 14th. Zacks Investment Research raised ICF International from a hold rating to a buy rating and set a $62.00 target price on the stock in a research report on Wednesday, October 4th. SunTrust Banks reaffirmed a buy rating and issued a $62.00 target price on shares of ICF International in a research report on Friday, September 22nd. Noble Financial reaffirmed a hold rating on shares of ICF International in a research report on Tuesday, November 7th. Finally, Wells Fargo & Co 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 investment analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of Hold and a consensus target price of $58.75.

ICF International (NASDAQ ICFI) traded down $0.90 during trading hours on Tuesday, reaching $54.30. The company’s stock had a trading volume of 50,001 shares, compared to its average volume of 81,367. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 0.39. The company has a market capitalization of $1,010.00, a price-to-earnings ratio of 21.63, a price-to-earnings-growth ratio of 1.68 and a beta of 0.85. ICF International has a 12-month low of $40.20 and a 12-month high of $56.55.

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

Institutional investors have recently bought and sold shares of the company. Eqis Capital Management Inc. acquired a new position in shares of ICF International in the third quarter valued at approximately $214,000. SG Americas Securities LLC grew its position in shares of ICF International by 89.1% in the second quarter. SG Americas Securities LLC now owns 8,579 shares of the business services provider’s stock valued at $404,000 after purchasing an additional 4,042 shares during the last quarter. First Quadrant L P CA grew its position in shares of ICF International by 23.2% in the third quarter. First Quadrant L P CA now owns 13,201 shares of the business services provider’s stock valued at $712,000 after purchasing an additional 2,483 shares during the last quarter. California Public Employees Retirement System grew its position in shares of ICF International by 28.3% in the second quarter. California Public Employees Retirement System now owns 27,200 shares of the business services provider’s stock valued at $1,281,000 after purchasing an additional 6,000 shares during the last quarter. Finally, Systematic Financial Management LP grew its position in ICF International by 3.5% during the second quarter. Systematic Financial Management LP now owns 32,395 shares of the business services provider’s stock worth $1,526,000 after buying an additional 1,085 shares in the last quarter. 91.39% of the stock is currently owned by institutional investors.

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About ICF International

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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