Key Points
- ICF International director Michael Van Handel bought 8,000 shares for about $491,120 at $61.39 each, increasing his stake by 49.22% to 24,254 shares.
- The stock was up 5.6% and opened at $64.53, while the company’s market cap was about $1.17 billion and its valuation metrics included a P/E ratio of 13.97.
- ICF International recently missed earnings expectations, reporting $1.50 EPS versus $1.55 expected and revenue of $437.5 million versus $448.63 million expected; it also announced a quarterly dividend of $0.14 per share.
ICF International, Inc. (NASDAQ:ICFI - Get Free Report) Director Handel Michael Van bought 8,000 shares of the firm's stock in a transaction that occurred on Friday, May 15th. The shares were purchased at an average cost of $61.39 per share, with a total value of $491,120.00. Following the transaction, the director directly owned 24,254 shares of the company's stock, valued at $1,488,953.06. The trade was a 49.22% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website.
ICF International Trading Up 5.6%
NASDAQ:ICFI opened at $64.53 on Tuesday. ICF International, Inc. has a 52 week low of $58.83 and a 52 week high of $101.71. The firm has a 50 day moving average of $68.35 and a 200 day moving average of $78.84. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $1.17 billion, a price-to-earnings ratio of 13.97 and a beta of 0.56.
ICF International (NASDAQ:ICFI - Get Free Report) last posted its earnings results on Thursday, May 7th. The business services provider reported $1.50 EPS for the quarter, missing analysts' consensus estimates of $1.55 by ($0.05). ICF International had a net margin of 4.68% and a return on equity of 11.38%. The firm had revenue of $437.50 million for the quarter, compared to analysts' expectations of $448.63 million. During the same period in the previous year, the company earned $1.94 EPS. The company's revenue was down 10.3% on a year-over-year basis. ICF International has set its FY 2026 guidance at 6.950-7.250 EPS. As a group, sell-side analysts anticipate that ICF International, Inc. will post 6.96 earnings per share for the current fiscal year.
ICF International Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Friday, June 5th will be given a dividend of $0.14 per share. The ex-dividend date of this dividend is Friday, June 5th. This represents a $0.56 dividend on an annualized basis and a yield of 0.9%. ICF International's dividend payout ratio is presently 12.12%.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in the business. EverSource Wealth Advisors LLC raised its holdings in shares of ICF International by 38.9% during the third quarter. EverSource Wealth Advisors LLC now owns 586 shares of the business services provider's stock worth $54,000 after purchasing an additional 164 shares during the last quarter. Handelsbanken Fonder AB raised its holdings in shares of ICF International by 4.3% during the fourth quarter. Handelsbanken Fonder AB now owns 7,202 shares of the business services provider's stock worth $614,000 after purchasing an additional 300 shares during the last quarter. Trust Point Inc. raised its holdings in shares of ICF International by 8.6% during the fourth quarter. Trust Point Inc. now owns 5,198 shares of the business services provider's stock worth $443,000 after purchasing an additional 411 shares during the last quarter. Seizert Capital Partners LLC raised its holdings in shares of ICF International by 3.4% during the fourth quarter. Seizert Capital Partners LLC now owns 41,136 shares of the business services provider's stock worth $3,509,000 after purchasing an additional 1,352 shares during the last quarter. Finally, Geode Capital Management LLC raised its holdings in shares of ICF International by 0.6% during the fourth quarter. Geode Capital Management LLC now owns 458,175 shares of the business services provider's stock worth $39,089,000 after purchasing an additional 2,535 shares during the last quarter. Hedge funds and other institutional investors own 94.12% of the company's stock.
Analyst Ratings Changes
A number of research firms recently commented on ICFI. Weiss Ratings cut shares of ICF International from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Wednesday, April 29th. Barrington Research reissued an "outperform" rating and set a $102.00 target price on shares of ICF International in a research report on Wednesday, March 4th. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $102.33.
Get Our Latest Stock Report on ICFI
ICF International Company Profile
(
Get Free Report)
ICF International (NASDAQ: ICFI), commonly known as ICF, is a global consulting and digital services provider specializing in the intersection of strategy, technology, and policy. The firm delivers integrated services and solutions to government and commercial clients in areas such as energy and environment, health and social programs, transportation, infrastructure, technology, and marketing and communications. ICF's offerings span strategic planning, data analytics, program evaluation, digital transformation, and implementation support.
Founded in 1969 and headquartered in Reston, Virginia, ICF has grown through both organic expansion and targeted acquisitions to broaden its capabilities and geographic reach.
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