ICF International (NASDAQ:ICFI) Share Price Crosses Above 200 Day Moving Average – What’s Next?

Shares of ICF International, Inc. (NASDAQ:ICFI) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $75.99 and traded as high as $77.89. ICF International shares last traded at $76.98, with a volume of 310,222 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings downgraded shares of ICF International from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, April 29th. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $102.33.

ICF International Price Performance

The stock has a market cap of $1.38 billion, a price-to-earnings ratio of 16.52 and a beta of 0.53. The company has a 50-day simple moving average of $69.73 and a two-hundred day simple moving average of $75.93. 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:ICFI) last announced its quarterly earnings data on Thursday, May 7th. The business services provider reported $1.50 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.55 by ($0.05). ICF International had a return on equity of 11.38% and a net margin of 4.68%.The company had revenue of $437.50 million for the quarter, compared to the consensus estimate of $448.63 million. During the same quarter in the prior year, the company earned $1.94 EPS. The company’s revenue for the quarter 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, equities research analysts forecast that ICF International, Inc. will post 7.01 EPS for the current year.

ICF International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Shareholders of record on Friday, June 5th will be given a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Friday, June 5th. ICF International’s dividend payout ratio is 12.12%.

ICF International announced that its board has initiated a stock buyback program on Thursday, June 25th that permits the company to buyback $100.00 million in outstanding shares. This buyback authorization permits the business services provider to repurchase up to 8.1% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s management believes its stock is undervalued.

Insider Buying and Selling

In other news, Director Handel Michael J. Van acquired 8,000 shares of the firm’s stock in a transaction dated Friday, May 15th. The stock was bought at an average price of $61.39 per share, with a total value of $491,120.00. Following the transaction, the director directly owned 24,254 shares in the company, valued at approximately $1,488,953.06. The trade was a 49.22% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 1.48% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On ICF International

A number of institutional investors and hedge funds have recently modified their holdings of the company. Neumeier Poma Investment Counsel LLC grew its holdings in ICF International by 46.6% during the fourth quarter. Neumeier Poma Investment Counsel LLC now owns 481,086 shares of the business services provider’s stock worth $41,037,000 after purchasing an additional 152,905 shares during the period. Geode Capital Management LLC raised its stake in ICF International by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 458,175 shares of the business services provider’s stock valued at $39,089,000 after buying an additional 2,535 shares during the period. Systematic Financial Management LP raised its stake in ICF International by 84.9% in the first quarter. Systematic Financial Management LP now owns 216,538 shares of the business services provider’s stock valued at $14,138,000 after buying an additional 99,442 shares during the period. Kennedy Capital Management LLC lifted its position in shares of ICF International by 80.7% in the fourth quarter. Kennedy Capital Management LLC now owns 162,690 shares of the business services provider’s stock valued at $13,877,000 after buying an additional 72,664 shares during the last quarter. Finally, Third Avenue Management LLC lifted its position in shares of ICF International by 12.4% in the fourth quarter. Third Avenue Management LLC now owns 52,864 shares of the business services provider’s stock valued at $4,509,000 after buying an additional 5,840 shares during the last quarter. 94.12% of the stock is owned by institutional investors.

About ICF International

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.