ICF International (NASDAQ:ICFI) Hits New 1-Year High – Should You Buy?

ICF International, Inc. (NASDAQ:ICFI)’s share price hit a new 52-week high during mid-day trading on Monday. The company traded as high as $98.73 and last traded at $98.3690, with a volume of 22,897 shares traded. The stock had previously closed at $95.48.

Analysts Set New Price Targets

A number of equities analysts have commented on ICFI shares. Barrington Research set a $110.00 price target on shares of ICF International in a research report on Friday, August 14th. Wall Street Zen raised shares of ICF International from a “hold” rating to a “strong-buy” rating in a report on Saturday, August 8th. Finally, Weiss Ratings upgraded shares of ICF International from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, October 2nd. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $105.00.

ICF International Stock Up 3.2%

The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.39 and a current ratio of 1.39. The stock has a market cap of $1.77 billion, a price-to-earnings ratio of 20.39 and a beta of 0.45. The firm’s 50-day simple moving average is $87.83 and its two-hundred day simple moving average is $79.04.

ICF International (NASDAQ:ICFI) last announced its earnings results on Thursday, August 6th. The business services provider reported $1.86 earnings per share for the quarter, topping analysts’ consensus estimates of $1.65 by $0.21. ICF International had a net margin of 4.86% and a return on equity of 11.53%. The company had revenue of $474.50 million during the quarter, compared to the consensus estimate of $478.30 million. During the same period in the previous year, the firm posted $1.66 earnings per share. The company’s revenue was down .3% on a year-over-year basis. ICF International has set its FY 2026 guidance at 6.950-7.250 EPS. On average, sell-side analysts expect that ICF International, Inc. will post 7.07 EPS for the current fiscal year.

ICF International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, October 9th. Stockholders of record on Friday, September 4th were paid a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Friday, September 4th. ICF International’s dividend payout ratio (DPR) is 11.59%.

Insiders Place Their Bets

In related news, EVP Sergio J. Ostria sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $88.59, for a total value of $177,180.00. Following the transaction, the executive vice president owned 24,467 shares in the company, valued at $2,167,531.53. This trade represents a 7.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO John Wasson sold 6,400 shares of ICF International stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $88.32, for a total value of $565,248.00. Following the completion of the sale, the chief executive officer owned 6,339 shares of the company’s stock, valued at approximately $559,860.48. The trade was a 50.24% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.71% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. BlackRock Inc. bought a new stake in shares of ICF International during the second quarter worth approximately $132,278,000. Neumeier Poma Investment Counsel LLC bought a new position in ICF International in the second quarter valued at approximately $19,529,759. Systematic Financial Management LP grew its holdings in 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 worth $14,138,000 after acquiring an additional 99,442 shares during the period. Redwood Grove Capital LLC acquired a new stake in ICF International during the 2nd quarter worth $14,051,000. Finally, Bank of New York Mellon Corp bought a new stake in shares of ICF International during the 2nd quarter valued at $7,330,000. Institutional investors own 94.12% of the company’s stock.

About ICF International

ICF International, Inc is a global consulting and technology services company that helps government agencies, businesses and nonprofit organizations address complex policy, management and operational challenges. The company combines research, advisory services, data analytics, technology implementation and strategic communications to support clients from program design through execution and evaluation.

ICF’s work spans energy and climate, environment, transportation, public health, health care, community development, disaster recovery, workforce programs and public-sector modernization.