ICF International Inc. (NASDAQ:ICFI) CFO James C. M. Morgan sold 5,104 shares of the firm’s stock in a transaction that occurred on Monday, November 28th. The shares were sold at an average price of $55.00, for a total transaction of $280,720.00. Following the sale, the chief financial officer now directly owns 10,980 shares of the company’s stock, valued at approximately $603,900. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
ICF International Inc. (NASDAQ:ICFI) traded up 0.18% during midday trading on Monday, reaching $54.65. 147,818 shares of the company’s stock were exchanged. The stock has a market capitalization of $1.04 billion, a price-to-earnings ratio of 23.75 and a beta of 0.90. The stock’s 50-day moving average is $48.07 and its 200-day moving average is $43.20. ICF International Inc. has a 12-month low of $31.26 and a 12-month high of $55.40.
ICF International (NASDAQ:ICFI) last issued its earnings results on Tuesday, November 1st. The company reported $0.81 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.81. The business had revenue of $306.52 million for the quarter, compared to the consensus estimate of $302.02 million. ICF International had a net margin of 3.78% and a return on equity of 10.23%. The company’s revenue for the quarter was up 6.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.75 EPS. On average, equities analysts forecast that ICF International Inc. will post $2.92 earnings per share for the current year.
Large investors have recently made changes to their positions in the company. Nicholas Co. Inc. WI acquired a new stake in shares of ICF International during the second quarter valued at $3,537,000. Lord Abbett & CO. LLC boosted its stake in shares of ICF International by 279.3% in the second quarter. Lord Abbett & CO. LLC now owns 353,752 shares of the company’s stock valued at $14,468,000 after buying an additional 260,484 shares during the last quarter. Teachers Advisors Inc. boosted its stake in shares of ICF International by 3.2% in the second quarter. Teachers Advisors Inc. now owns 28,998 shares of the company’s stock valued at $1,186,000 after buying an additional 887 shares during the last quarter. Martingale Asset Management L P boosted its stake in shares of ICF International by 11.3% in the second quarter. Martingale Asset Management L P now owns 13,700 shares of the company’s stock valued at $561,000 after buying an additional 1,390 shares during the last quarter. Finally, AXA boosted its stake in shares of ICF International by 5.0% in the second quarter. AXA now owns 54,300 shares of the company’s stock valued at $2,221,000 after buying an additional 2,600 shares during the last quarter. 92.77% of the stock is owned by hedge funds and other institutional investors.
Several brokerages recently weighed in on ICFI. Zacks Investment Research raised shares of ICF International from a “hold” rating to a “buy” rating and set a $55.00 price target for the company in a research report on Thursday, November 3rd. Stifel Nicolaus raised their price target on shares of ICF International from $49.00 to $51.00 and gave the company a “buy” rating in a research report on Wednesday, August 3rd. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. ICF International has an average rating of “Buy” and a consensus target price of $52.00.
ICF International Company Profile