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

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

A number of brokerages recently commented on ICFI. Barrington Research reduced their price objective on shares of ICF International from $174.00 to $102.00 and set an "outperform" rating for the company in a research report on Monday, March 3rd. StockNews.com downgraded ICF International from a "buy" rating to a "hold" rating in a research report on Monday, March 3rd. D. Boral Capital reissued an "outperform" rating and issued a $174.00 target price on shares of ICF International in a research note on Monday, December 16th. Finally, Canaccord Genuity Group reiterated a "hold" rating and set a $100.00 price target (down from $200.00) on shares of ICF International in a report on Friday, February 28th.

Hedge Funds Weigh In On ICF International

Hedge funds have recently made changes to their positions in the stock. BNP Paribas Financial Markets raised its holdings in shares of ICF International by 411.7% in the 4th quarter. BNP Paribas Financial Markets now owns 90,226 shares of the business services provider's stock worth $10,756,000 after purchasing an additional 72,595 shares during the period. Tudor Investment Corp ET AL raised its holdings in ICF International by 5,171.3% in the fourth quarter. Tudor Investment Corp ET AL now owns 73,904 shares of the business services provider's stock valued at $8,810,000 after buying an additional 72,502 shares during the period. Marshall Wace LLP lifted its position in ICF International by 2,331.0% during the fourth quarter. Marshall Wace LLP now owns 65,176 shares of the business services provider's stock valued at $7,770,000 after buying an additional 62,495 shares in the last quarter. Pier Capital LLC purchased a new stake in ICF International during the third quarter worth approximately $6,579,000. Finally, Hillsdale Investment Management Inc. grew its stake in ICF International by 76,550.0% during the fourth quarter. Hillsdale Investment Management Inc. now owns 30,660 shares of the business services provider's stock worth $3,655,000 after buying an additional 30,620 shares during the period. Institutional investors and hedge funds own 94.12% of the company's stock.

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ICF International Stock Up 0.4 %

Shares of NASDAQ:ICFI traded up $0.38 during trading on Wednesday, hitting $86.23. The company's stock had a trading volume of 59,043 shares, compared to its average volume of 169,517. ICF International has a fifty-two week low of $75.91 and a fifty-two week high of $179.67. The business has a 50 day moving average price of $102.62 and a two-hundred day moving average price of $132.46. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.21 and a current ratio of 1.21. The company has a market capitalization of $1.59 billion, a PE ratio of 15.15 and a beta of 0.56.

ICF International Dividend Announcement

The business also recently announced 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 yield of 0.65%. ICF International's payout ratio is 9.61%.

ICF International Company Profile

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.