ICF International (NASDAQ:ICFI – Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 6.950-7.250 for the period, compared to the consensus estimate of 7.020. The company issued revenue guidance of $1.9 billion-$2.0 billion, compared to the consensus revenue estimate of $1.9 billion.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings restated a “sell (d+)” rating on shares of ICF International in a research note on Friday, July 24th. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, ICF International has a consensus rating of “Hold” and a consensus target price of $102.33.
Read Our Latest Stock Analysis on ICFI
ICF International Price Performance
ICF International (NASDAQ:ICFI – Get Free Report) last posted its earnings results on Thursday, August 6th. The business services provider reported $1.86 earnings per share for the quarter, beating analysts’ consensus estimates of $1.65 by $0.21. ICF International had a net margin of 4.68% and a return on equity of 11.38%. The firm had revenue of $474.50 million during the quarter, compared to analyst estimates of $478.30 million. ICF International has set its FY 2026 guidance at 6.950-7.250 EPS. On average, equities analysts predict that ICF International will post 7.01 earnings per share for the current year.
ICF International declared that its board has approved a stock buyback plan on Thursday, June 25th that allows the company to buyback $100.00 million in shares. This buyback authorization allows the business services provider to reacquire up to 8.1% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s leadership believes its shares are undervalued.
Insiders Place Their Bets
In other ICF International news, Director Handel Michael J. Van bought 8,000 shares of the firm’s stock in a transaction dated Friday, May 15th. The shares were purchased at an average cost of $61.39 per share, for a total transaction of $491,120.00. Following the transaction, the director owned 24,254 shares of the company’s stock, valued at $1,488,953.06. This represents a 49.22% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO John Wasson sold 12,411 shares of the stock in a transaction dated Monday, July 13th. The shares were sold at an average price of $80.08, for a total transaction of $993,872.88. Following the completion of the transaction, the chief executive officer directly owned 27,511 shares of the company’s stock, valued at approximately $2,203,080.88. The trade was a 31.09% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.71% of the company’s stock.
Institutional Investors Weigh In On ICF International
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC increased its holdings in shares of 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. Geode Capital Management LLC boosted its position in ICF International by 0.6% during the fourth quarter. Geode Capital Management LLC now owns 458,175 shares of the business services provider’s stock valued at $39,089,000 after purchasing an additional 2,535 shares in the last quarter. Captrust Financial Advisors bought a new stake in ICF International during the second quarter valued at about $246,000. Jump Financial LLC grew its stake in ICF International by 195.3% in the fourth quarter. Jump Financial LLC now owns 6,756 shares of the business services provider’s stock valued at $576,000 after purchasing an additional 4,468 shares during the last quarter. Finally, Third Avenue Management LLC grew its stake in ICF International by 12.4% in the fourth quarter. Third Avenue Management LLC now owns 52,864 shares of the business services provider’s stock valued at $4,509,000 after purchasing an additional 5,840 shares during the last quarter. 94.12% of the stock is currently owned by hedge funds and other institutional investors.
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.
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