BidaskClub cut shares of ICF International (NASDAQ:ICFI) from a hold rating to a sell rating in a report published on Saturday.

Several other brokerages also recently weighed in on ICFI. Zacks Investment Research downgraded shares of ICF International from a buy rating to a hold rating in a research note on Tuesday, October 10th. Wells Fargo & Company upped their target price on shares of ICF International from $54.00 to $58.00 and gave the stock a market perform rating in a research note on Wednesday, October 25th. ValuEngine raised shares of ICF International from a hold rating to a buy rating in a research report on Tuesday, November 14th. SunTrust Banks reissued a buy rating and issued a $62.00 price objective on shares of ICF International in a research report on Friday, September 22nd. Finally, Noble Financial reissued a hold rating on shares of ICF International in a research report on Tuesday, November 7th. One research analyst has rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company. The stock presently has a consensus rating of Hold and an average price target of $60.40.

ICF International (NASDAQ:ICFI) opened at $52.55 on Friday. 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 firm has a market cap of $971.25, a PE ratio of 17.31, a price-to-earnings-growth ratio of 1.74 and a beta of 0.84. ICF International has a fifty-two week low of $40.20 and a fifty-two week high of $57.95.

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

In other ICF International news, insider James C. M. Morgan sold 4,696 shares of the stock in a transaction that occurred on Thursday, September 28th. The shares were sold at an average price of $55.00, for a total value of $258,280.00. Following the sale, the insider now directly owns 22,479 shares of the company’s stock, valued at approximately $1,236,345. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, COO John Wasson sold 12,887 shares of the company’s stock in a transaction on Friday, September 22nd. The shares were sold at an average price of $52.50, for a total transaction of $676,567.50. Following the completion of the transaction, the chief operating officer now owns 66,421 shares of the company’s stock, valued at approximately $3,487,102.50. The disclosure for this sale can be found here. Over the last three months, insiders sold 23,312 shares of company stock worth $1,232,803. Insiders own 5.48% of the company’s stock.

Institutional investors have recently modified their holdings of the company. Eqis Capital Management Inc. acquired a new position in shares of ICF International in the 3rd quarter valued at $214,000. First Mercantile Trust Co. boosted its holdings in shares of ICF International by 781.7% in the 2nd quarter. First Mercantile Trust Co. now owns 5,290 shares of the business services provider’s stock valued at $249,000 after buying an additional 4,690 shares in the last quarter. SG Americas Securities LLC boosted its holdings in shares of ICF International by 89.1% in the 2nd quarter. SG Americas Securities LLC now owns 8,579 shares of the business services provider’s stock valued at $404,000 after buying an additional 4,042 shares in the last quarter. Torray LLC boosted its holdings in shares of ICF International by 37.5% in the 2nd quarter. Torray LLC now owns 10,691 shares of the business services provider’s stock valued at $504,000 after buying an additional 2,913 shares in the last quarter. Finally, First Quadrant L P CA boosted its holdings in shares of ICF International by 23.2% in the 3rd quarter. First Quadrant L P CA now owns 13,201 shares of the business services provider’s stock valued at $712,000 after buying an additional 2,483 shares in the last quarter. Institutional investors and hedge funds own 91.39% of the company’s stock.

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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.

Analyst Recommendations for ICF International (NASDAQ:ICFI)

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