Key Points
- CEO John Wasson sold 6,400 ICF International shares at an average price of $88.32, generating $565,248 and reducing his holdings by 50.24% to 6,339 shares. The sale was conducted under a pre-arranged Rule 10b5-1 trading plan.
- ICF International reported quarterly EPS of $1.86, beating estimates of $1.65, while revenue of $474.5 million slightly missed forecasts and declined 0.3% year over year. The company reaffirmed fiscal 2026 EPS guidance of $6.95 to $7.25.
- The company authorized a $100 million stock-repurchase program, covering up to 8.1% of outstanding shares. Analysts maintain a “Moderate Buy” consensus with an average price target of $105, compared with the stock’s reported price of $88.32.
ICF International, Inc. (NASDAQ:ICFI - Get Free Report) CEO John Wasson sold 6,400 shares of the business's stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $88.32, for a total value of $565,248.00. Following the completion of the sale, the chief executive officer owned 6,339 shares of the company's stock, valued at approximately $559,860.48. This represents a 50.24% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
John Wasson also recently made the following trade(s):
- On Monday, July 13th, John Wasson sold 12,411 shares of ICF International stock. The stock was sold at an average price of $80.08, for a total transaction of $993,872.88.
ICF International Stock Performance
Shares of ICF International stock opened at $88.32 on Thursday. The firm's fifty day simple moving average is $82.32 and its 200-day simple moving average is $74.41. The stock has a market capitalization of $1.58 billion, a price-to-earnings ratio of 18.29 and a beta of 0.52. ICF International, Inc. has a 12 month low of $58.83 and a 12 month high of $101.50. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.39 and a quick ratio of 1.39.
ICF International (NASDAQ:ICFI - Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The business services provider reported $1.86 earnings per share for the quarter, topping analysts' consensus estimates of $1.65 by $0.21. ICF International had a net margin of 4.86% and a return on equity of 11.53%. The firm had revenue of $474.50 million during the quarter, compared to analysts' expectations of $478.30 million. During the same quarter in the prior year, the business earned $1.66 EPS. ICF International's quarterly revenue was down .3% compared to the same quarter last year. ICF International has set its FY 2026 guidance at 6.950-7.250 EPS. As a group, equities analysts forecast that ICF International, Inc. will post 7.07 earnings per share for the current year.
ICF International announced that its Board of Directors has authorized a stock repurchase program on Thursday, June 25th that allows the company to buyback $100.00 million in shares. This buyback authorization allows the business services provider to buy up to 8.1% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board believes its shares are undervalued.
ICF International Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, October 9th. Stockholders of record on Friday, September 4th will be paid a dividend of $0.14 per share. The ex-dividend date is Friday, September 4th. This represents a $0.56 annualized dividend and a dividend yield of 0.6%. ICF International's dividend payout ratio is 11.59%.
Institutional Trading of ICF International
Several hedge funds have recently modified their holdings of the business. EverSource Wealth Advisors LLC boosted its stake in shares of ICF International by 2,121.1% in the second quarter. EverSource Wealth Advisors LLC now owns 422 shares of the business services provider's stock valued at $36,000 after buying an additional 403 shares in the last quarter. Allworth Financial LP purchased a new position in ICF International in the second quarter worth $86,000. Captrust Financial Advisors purchased a new position in ICF International in the second quarter worth $246,000. Vise Technologies Inc. acquired a new stake in ICF International in the second quarter valued at $248,000. Finally, State of Wyoming acquired a new stake in ICF International in the second quarter valued at $287,000. 94.12% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several analysts have commented on the company. Barrington Research set a $110.00 price objective on ICF International in a research note on Friday, August 14th. Weiss Ratings upgraded ICF International from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Wednesday, August 12th. Finally, Wall Street Zen raised ICF International from a "hold" rating to a "strong-buy" rating in a report on Saturday, August 8th. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, ICF International has an average rating of "Moderate Buy" and a consensus target price of $105.00.
Check Out Our Latest Analysis on ICFI
About ICF International
(
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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