Key Points
- Director Randall Mehl bought 500 shares on Nov. 17 at $77 (and 500 shares on Nov. 14 at $78.14), totaling 1,000 shares and increasing his stake to 20,474 shares (a 2.5% bump) valued at about $1.58M.
- ICF missed quarterly estimates, reporting EPS of $1.67 versus $1.75 expected and revenue of $465.41M (down 10% year-over-year and below the $485.1M consensus).
- The company announced a quarterly dividend of $0.14 per share (annualized $0.56), implying a yield of 0.7%, with an ex-dividend date of Dec. 5 and payment on Jan. 9.
ICF International, Inc. (NASDAQ:ICFI - Get Free Report) Director Randall Mehl bought 500 shares of the company's stock in a transaction that occurred on Monday, November 17th. The stock was purchased at an average cost of $77.00 per share, for a total transaction of $38,500.00. Following the transaction, the director owned 20,474 shares in the company, valued at $1,576,498. The trade was a 2.50% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Randall Mehl also recently made the following trade(s):
- On Friday, November 14th, Randall Mehl purchased 500 shares of ICF International stock. The shares were purchased at an average cost of $78.14 per share, with a total value of $39,070.00.
ICF International Price Performance
Shares of ICFI opened at $76.65 on Tuesday. The stock has a market capitalization of $1.41 billion, a P/E ratio of 13.33 and a beta of 0.48. ICF International, Inc. has a twelve month low of $72.03 and a twelve month high of $141.51. The company has a 50 day moving average of $89.40 and a 200-day moving average of $88.96. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.47.
ICF International (NASDAQ:ICFI - Get Free Report) last announced its quarterly earnings data on Thursday, October 30th. The business services provider reported $1.67 EPS for the quarter, missing analysts' consensus estimates of $1.75 by ($0.08). ICF International had a return on equity of 14.50% and a net margin of 5.45%.The business had revenue of $465.41 million during the quarter, compared to the consensus estimate of $485.10 million. During the same period in the prior year, the firm earned $2.13 EPS. The business's revenue for the quarter was down 10.0% compared to the same quarter last year. As a group, equities research analysts forecast that ICF International, Inc. will post 7.44 EPS for the current fiscal year.
ICF International Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 9th. Stockholders of record on Friday, December 5th will be paid a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Friday, December 5th. ICF International's dividend payout ratio is currently 10.57%.
Analyst Ratings Changes
A number of research firms recently issued reports on ICFI. Weiss Ratings reaffirmed a "hold (c)" rating on shares of ICF International in a research report on Friday, October 31st. Barrington Research restated an "outperform" rating and issued a $107.00 price target on shares of ICF International in a research note on Tuesday, September 23rd. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $128.20.
View Our Latest Report on ICFI
Institutional Investors Weigh In On ICF International
Several hedge funds have recently bought and sold shares of the company. EverSource Wealth Advisors LLC grew its holdings in ICF International by 2,121.1% during the second quarter. EverSource Wealth Advisors LLC now owns 422 shares of the business services provider's stock worth $36,000 after purchasing an additional 403 shares during the period. Captrust Financial Advisors acquired a new stake in shares of ICF International in the second quarter valued at approximately $246,000. Anchor Investment Management LLC acquired a new stake in shares of ICF International in the second quarter valued at approximately $249,000. Cornerstone Investment Partners LLC bought a new position in shares of ICF International during the 2nd quarter worth approximately $270,000. Finally, Police & Firemen s Retirement System of New Jersey increased its holdings in shares of ICF International by 7.7% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 4,278 shares of the business services provider's stock worth $362,000 after acquiring an additional 307 shares during the last quarter. 94.12% of the stock is currently owned by institutional investors and hedge funds.
ICF International Company Profile
(
Get Free Report)
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.
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