Analysts Set ICF International, Inc. (NASDAQ:ICFI) Target Price at $168.60

ICF International, Inc. (NASDAQ:ICFI - Get Free Report) has been given a consensus rating of "Moderate Buy" by the six brokerages that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $168.60.

A number of research analysts recently weighed in on ICFI shares. D. Boral Capital reaffirmed an "outperform" rating and set a $174.00 price target on shares of ICF International in a research note on Monday, December 16th. Truist Financial lowered their target price on ICF International from $180.00 to $140.00 and set a "hold" rating on the stock in a research report on Friday, November 22nd. StockNews.com cut ICF International from a "strong-buy" rating to a "buy" rating in a report on Wednesday, November 27th. Finally, Sidoti upgraded shares of ICF International from a "neutral" rating to a "buy" rating and set a $185.00 price target for the company in a research note on Tuesday, November 19th.

ICF International Trading Up 0.6 %

Shares of ICFI stock traded up $0.66 during trading hours on Tuesday, hitting $116.27. 297,633 shares of the company were exchanged, compared to its average volume of 218,629. The company has a 50 day simple moving average of $123.56 and a two-hundred day simple moving average of $147.35. The firm has a market cap of $2.18 billion, a P/E ratio of 20.43 and a beta of 0.56. 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 has a fifty-two week low of $112.99 and a fifty-two week high of $179.67.

Insider Activity at ICF International

In other news, Director Scott B. Salmirs acquired 400 shares of ICF International stock in a transaction on Monday, November 18th. The stock was acquired at an average cost of $138.38 per share, with a total value of $55,352.00. Following the transaction, the director now owns 5,803 shares of the company's stock, valued at approximately $803,019.14. This trade represents a 7.40 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.39% of the stock is currently owned by insiders.

Hedge Funds Weigh In On ICF International

Hedge funds have recently modified their holdings of the company. Geode Capital Management LLC increased its position in shares of ICF International by 4.3% during the third quarter. Geode Capital Management LLC now owns 440,985 shares of the business services provider's stock valued at $73,566,000 after acquiring an additional 18,109 shares during the last quarter. Congress Asset Management Co. grew its stake in ICF International by 10.7% in the 3rd quarter. Congress Asset Management Co. now owns 353,824 shares of the business services provider's stock valued at $59,014,000 after purchasing an additional 34,299 shares during the period. Systematic Financial Management LP increased its position in shares of ICF International by 0.9% during the 3rd quarter. Systematic Financial Management LP now owns 279,048 shares of the business services provider's stock valued at $46,542,000 after purchasing an additional 2,484 shares during the last quarter. Tributary Capital Management LLC raised its stake in shares of ICF International by 10.9% during the 4th quarter. Tributary Capital Management LLC now owns 211,863 shares of the business services provider's stock worth $25,256,000 after purchasing an additional 20,861 shares during the period. Finally, Pier Capital LLC purchased a new position in shares of ICF International in the 3rd quarter worth about $6,579,000. Institutional investors own 94.12% of the company's stock.

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.