ICF International (NASDAQ:ICFI) Shares Gap Up – Should You Buy?

ICF International, Inc. (NASDAQ:ICFI) gapped up prior to trading on Friday . The stock had previously closed at $77.96, but opened at $80.73. ICF International shares last traded at $81.2260, with a volume of 8,722 shares changing hands.

Analysts Set New Price Targets

Separately, Weiss Ratings cut ICF International from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, April 29th. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $102.33.

ICF International Price Performance

The business’s 50 day moving average price is $70.47 and its 200-day moving average price is $75.59. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.43. The company has a market cap of $1.46 billion, a PE ratio of 17.49 and a beta of 0.53.

ICF International (NASDAQ:ICFI) last announced its earnings results on Thursday, May 7th. The business services provider reported $1.50 earnings per share for the quarter, missing the consensus estimate of $1.55 by ($0.05). The firm had revenue of $437.50 million during the quarter, compared to analysts’ expectations of $448.63 million. ICF International had a net margin of 4.68% and a return on equity of 11.38%. ICF International’s revenue for the quarter was down 10.3% compared to the same quarter last year. During the same quarter last year, the company posted $1.94 earnings per share. ICF International has set its FY 2026 guidance at 6.950-7.250 EPS. As a group, analysts forecast that ICF International, Inc. will post 7.01 earnings per share for the current year.

ICF International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 10th. Shareholders of record on Friday, June 5th were issued a $0.14 dividend. The ex-dividend date was Friday, June 5th. This represents a $0.56 dividend on an annualized basis and a yield of 0.7%. ICF International’s payout ratio is currently 12.12%.

ICF International declared that its board has authorized a share repurchase plan on Thursday, June 25th that permits the company to repurchase $100.00 million in shares. This repurchase authorization permits the business services provider to purchase up to 8.1% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s board of directors believes its stock is undervalued.

Insider Activity

In other ICF International news, Director Handel Michael J. Van bought 8,000 shares of the stock in a transaction dated Friday, May 15th. The stock was bought at an average cost of $61.39 per share, for a total transaction of $491,120.00. Following the completion of the purchase, the director directly owned 24,254 shares of the company’s stock, valued at approximately $1,488,953.06. The trade was a 49.22% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO John Wasson sold 12,411 shares of ICF International stock in a transaction dated Monday, July 13th. The stock was sold at an average price of $80.08, for a total value of $993,872.88. Following the sale, the chief executive officer directly owned 27,511 shares in the company, valued at approximately $2,203,080.88. The trade was a 31.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.71% of the stock is owned by company insiders.

Institutional Investors Weigh In On ICF International

A number of hedge funds have recently bought and sold shares of ICFI. Neumeier Poma Investment Counsel LLC increased its holdings in ICF International by 46.6% during the 4th quarter. Neumeier Poma Investment Counsel LLC now owns 481,086 shares of the business services provider’s stock worth $41,037,000 after purchasing an additional 152,905 shares during the last quarter. Systematic Financial Management LP boosted its stake in shares of ICF International by 84.9% during the 1st quarter. Systematic Financial Management LP now owns 216,538 shares of the business services provider’s stock valued at $14,138,000 after buying an additional 99,442 shares during the last quarter. Kennedy Capital Management LLC purchased a new position in shares of ICF International during the 3rd quarter valued at approximately $8,354,000. Wedge Capital Management L L P NC acquired a new stake in shares of ICF International during the fourth quarter worth approximately $2,345,000. Finally, SG Americas Securities LLC grew its position in shares of ICF International by 214.7% during the fourth quarter. SG Americas Securities LLC now owns 34,847 shares of the business services provider’s stock worth $2,972,000 after buying an additional 23,773 shares in the last quarter. Institutional investors and hedge funds own 94.12% of the company’s stock.

ICF International Company Profile

ICF International (NASDAQ: ICFI), commonly known as ICF, is a global consulting and digital services provider specializing in the intersection of strategy, technology, and policy. The firm delivers integrated services and solutions to government and commercial clients in areas such as energy and environment, health and social programs, transportation, infrastructure, technology, and marketing and communications. ICF’s offerings span strategic planning, data analytics, program evaluation, digital transformation, and implementation support.

Founded in 1969 and headquartered in Reston, Virginia, ICF has grown through both organic expansion and targeted acquisitions to broaden its capabilities and geographic reach.