ICF International (ICFI) Receiving Somewhat Favorable News Coverage, Report Shows
Headlines about ICF International (NASDAQ:ICFI) have trended somewhat positive recently, Accern reports. Accern ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. ICF International earned a coverage optimism score of 0.18 on Accern’s scale. Accern also assigned news stories about the business services provider an impact score of 46.996546248009 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
ICFI has been the topic of several recent research reports. ValuEngine cut shares of ICF International from a “buy” rating to a “hold” rating in a report on Saturday, November 4th. SunTrust Banks, Inc. reiterated a “buy” rating and set a $56.00 price target on shares of ICF International in a research report on Tuesday, August 29th. Zacks Investment Research upgraded shares of ICF International from a “hold” rating to a “buy” rating and set a $62.00 price target on the stock in a research report on Wednesday, October 4th. Wells Fargo & Company increased their price target on shares of ICF International from $54.00 to $58.00 and gave the stock a “market perform” rating in a research report on Wednesday, October 25th. Finally, Noble Financial reiterated 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 assigned a hold rating and four have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $60.40.
Shares of ICF International (ICFI) opened at $54.90 on Thursday. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 0.39. The stock has a market cap of $1,030.00, a P/E ratio of 18.21, a P/E/G ratio of 1.83 and a beta of 0.83. ICF International has a 52-week low of $40.20 and a 52-week high of $59.55.
ICF International (NASDAQ:ICFI) last posted its quarterly earnings results on Thursday, November 2nd. The business services provider reported $0.83 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.80 by $0.03. The business had revenue of $305.30 million for the quarter, compared to analyst estimates of $311.49 million. ICF International had a net margin of 4.05% and a return on equity of 10.14%. The firm’s revenue for the quarter was down .4% on a year-over-year basis. During the same quarter last year, the business posted $0.81 EPS. analysts forecast that ICF International will post 3 earnings per share for the current fiscal year.
In other ICF International news, COO John Wasson sold 13,086 shares of the firm’s stock in a transaction that occurred on Friday, September 1st. The shares were sold at an average price of $50.00, for a total value of $654,300.00. Following the sale, the chief operating officer now owns 66,620 shares in the company, valued at $3,331,000. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Ellen Glover sold 5,631 shares of the firm’s stock in a transaction that occurred on Friday, September 1st. The shares were sold at an average price of $50.00, for a total transaction of $281,550.00. Following the completion of the sale, the insider now owns 33,354 shares in the company, valued at approximately $1,667,700. The disclosure for this sale can be found here. Insiders have sold a total of 52,029 shares of company stock worth $2,683,653 in the last quarter. 5.48% of the stock is currently owned by company insiders.
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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