ICF International, Inc. (NASDAQ:ICFI) Receives $140.20 Average Price Target from Brokerages

ICF International, Inc. (NASDAQ:ICFI - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the six brokerages that are currently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12 month target price among analysts that have covered the stock in the last year is $140.20.

ICFI has been the subject of several analyst reports. StockNews.com upgraded shares of ICF International from a "hold" rating to a "buy" rating in a report on Saturday. D. Boral Capital restated an "outperform" rating and set a $174.00 target price on shares of ICF International in a research report on Monday, December 16th. Canaccord Genuity Group reaffirmed a "hold" rating and set a $100.00 target price (down previously from $200.00) on shares of ICF International in a research note on Friday, February 28th. Finally, Barrington Research decreased their price target on ICF International from $174.00 to $102.00 and set an "outperform" rating for the company in a research note on Monday, March 3rd.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. SG Americas Securities LLC grew its position in shares of ICF International by 44.4% during the 4th quarter. SG Americas Securities LLC now owns 1,103 shares of the business services provider's stock worth $131,000 after buying an additional 339 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S purchased a new stake in ICF International in the fourth quarter worth about $149,000. Cibc World Markets Corp bought a new position in ICF International during the 4th quarter worth about $208,000. Ethic Inc. purchased a new position in ICF International during the 4th quarter valued at about $292,000. Finally, Millstone Evans Group LLC bought a new stake in shares of ICF International in the 4th quarter valued at about $447,000. 94.12% of the stock is currently owned by hedge funds and other institutional investors.

ICF International Trading Up 0.2 %

ICFI stock traded up $0.18 during midday trading on Wednesday, reaching $86.17. 175,698 shares of the company traded hands, compared to its average volume of 170,186. The firm has a market capitalization of $1.59 billion, a price-to-earnings ratio of 15.14 and a beta of 0.56. ICF International has a 52-week low of $75.91 and a 52-week high of $179.67. The business has a 50 day moving average of $101.75 and a 200-day moving average of $131.72. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.21 and a current ratio of 1.21.

ICF International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, April 14th. Investors of record on Friday, March 28th will be issued a $0.14 dividend. The ex-dividend date is Friday, March 28th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.65%. ICF International's payout ratio is 9.61%.

About ICF International

ICF International, Inc provides management, technology, and policy consulting and implementation services to government and commercial clients in the United States and internationally. The company researches critical policy, industry, stakeholder issues, trends, and behaviors; measures and evaluates results and their impact; and provides strategic planning and advisory services to its clients on how to navigate societal, business, market, business, communication, and technology challenges.