ICF International (NASDAQ:ICFI) Shares Down 6.2% – Time to Sell?

ICF International, Inc. (NASDAQ:ICFIGet Free Report) shares traded down 6.2% during mid-day trading on Thursday . The stock traded as low as $67.95 and last traded at $67.7550. 76,152 shares traded hands during mid-day trading, a decline of 73% from the average session volume of 286,258 shares. The stock had previously closed at $72.20.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Weiss Ratings downgraded ICF International from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, April 29th. Barrington Research restated an “outperform” rating and issued a $102.00 price objective on shares of ICF International in a report on Wednesday, March 4th. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, ICF International currently has a consensus rating of “Hold” and an average price target of $102.33.

Check Out Our Latest Stock Analysis on ICFI

ICF International Price Performance

The company has a market cap of $1.21 billion, a P/E ratio of 14.41 and a beta of 0.54. The company has a fifty day moving average price of $69.07 and a two-hundred day moving average price of $77.32. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.48 and a current ratio of 1.48.

ICF International (NASDAQ:ICFIGet Free Report) last announced its quarterly earnings data on Thursday, May 7th. The business services provider reported $1.50 earnings per share for the quarter, missing the consensus estimate of $1.55 by ($0.05). The company had revenue of $437.50 million during the quarter, compared to the consensus estimate of $448.63 million. ICF International had a net margin of 4.68% and a return on equity of 11.38%. ICF International’s revenue was down 10.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.94 EPS. ICF International has set its FY 2026 guidance at 6.950-7.250 EPS. On average, sell-side analysts anticipate that ICF International, Inc. will post 7.01 earnings per share for the current fiscal year.

ICF International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 10th. Stockholders of record on Friday, June 5th will be issued a $0.14 dividend. The ex-dividend date is Friday, June 5th. This represents a $0.56 annualized dividend and a dividend yield of 0.8%. ICF International’s dividend payout ratio (DPR) is presently 12.12%.

Insider Buying and Selling

In other ICF International news, Director Handel Michael J. Van purchased 8,000 shares of ICF International stock in a transaction that occurred on Friday, May 15th. The stock was acquired at an average price of $61.39 per share, for a total transaction of $491,120.00. Following the completion of the acquisition, the director owned 24,254 shares of the company’s stock, valued at approximately $1,488,953.06. This trade represents a 49.22% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 1.48% of the company’s stock.

Hedge Funds Weigh In On ICF International

Hedge funds and other institutional investors have recently bought and sold shares of the business. 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 bought a new position in ICF International during the second quarter worth about $246,000. TradeLink Capital LLC bought a new position in ICF International during the fourth quarter worth about $296,000. Teton Advisors LLC bought a new position in ICF International during the third quarter worth about $464,000. Finally, Trust Point Inc. grew its holdings in 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 period. Institutional investors own 94.12% of the company’s stock.

ICF International Company Profile

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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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