ICF International (NASDAQ:ICFI) Rating Increased to Buy at StockNews.com

StockNews.com upgraded shares of ICF International (NASDAQ:ICFI) from a hold rating to a buy rating in a research note published on Saturday.

A number of other research analysts have also issued reports on ICFI. Barrington Research decreased their target price on ICF International from $174.00 to $102.00 and set an “outperform” rating on the stock in a research report on Monday, March 3rd. Canaccord Genuity Group reiterated a “hold” rating and issued a $100.00 target price (down previously from $200.00) on shares of ICF International in a research report on Friday, February 28th. Finally, D. Boral Capital restated an “outperform” rating and set a $174.00 price target on shares of ICF International in a research report on Monday, December 16th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $140.20.

ICF International Price Performance

Shares of ICF International stock opened at $84.97 on Friday. The firm has a market cap of $1.57 billion, a PE ratio of 14.93 and a beta of 0.56. ICF International has a twelve month low of $75.91 and a twelve month high of $179.67. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.43. The business has a 50-day moving average price of $100.86 and a 200 day moving average price of $130.94.

ICF International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 14th. Investors of record on Friday, March 28th will be paid a dividend of $0.14 per share. The ex-dividend date of this dividend is Friday, March 28th. This represents a $0.56 annualized dividend and a yield of 0.66%. ICF International’s dividend payout ratio is presently 9.61%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. SG Americas Securities LLC grew its position in shares of ICF International by 44.4% in the fourth quarter. SG Americas Securities LLC now owns 1,103 shares of the business services provider’s stock valued at $131,000 after purchasing an additional 339 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S purchased a new stake in ICF International in the 4th quarter valued at $149,000. Cibc World Markets Corp acquired a new stake in shares of ICF International in the 4th quarter worth $208,000. Ethic Inc. purchased a new position in shares of ICF International during the 4th quarter worth $292,000. Finally, Millstone Evans Group LLC acquired a new position in shares of ICF International during the 4th quarter valued at about $447,000. 94.12% of the stock is owned by hedge funds and other institutional investors.

ICF International Company Profile

ICF International, Inc provides management, technology, and policy consulting and implementation services to government and commercial clients in the United States and internationally. The company researches critical policy, industry, stakeholder issues, trends, and behaviors; measures and evaluates results and their impact; and provides strategic planning and advisory services to its clients on how to navigate societal, business, market, business, communication, and technology challenges.