ICF International (ICFI) Scheduled to Post Quarterly Earnings on Thursday

ICF International (NASDAQ:ICFI - Get Free Report) is scheduled to be announcing its earnings results after the market closes on Thursday, October 31st. Analysts expect the company to announce earnings of $1.81 per share for the quarter. ICF International has set its FY 2024 guidance at 6.950-7.250 EPS.Investors that wish to listen to the company's conference call can do so using this link.

ICF International (NASDAQ:ICFI - Get Free Report) last released its quarterly earnings results on Thursday, August 1st. The business services provider reported $1.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.49 by $0.20. The company had revenue of $512.03 million for the quarter, compared to analysts' expectations of $505.70 million. ICF International had a net margin of 4.98% and a return on equity of 14.37%. The firm's revenue for the quarter was up 2.4% compared to the same quarter last year. During the same period last year, the company earned $1.57 EPS. On average, analysts expect ICF International to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

ICF International Trading Down 1.5 %

Shares of ICFI traded down $2.56 on Thursday, hitting $167.16. 64,304 shares of the stock traded hands, compared to its average volume of 97,034. ICF International has a 1 year low of $115.67 and a 1 year high of $178.18. The stock's 50 day moving average is $165.66 and its two-hundred day moving average is $151.46. The firm has a market capitalization of $3.13 billion, a P/E ratio of 34.50 and a beta of 0.61. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.46.

ICF International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, October 11th. Shareholders of record on Friday, September 6th were issued a $0.14 dividend. The ex-dividend date was Friday, September 6th. This represents a $0.56 annualized dividend and a yield of 0.34%. ICF International's dividend payout ratio (DPR) is presently 11.38%.

Analyst Ratings Changes

Several research firms recently commented on ICFI. Barrington Research reiterated an "outperform" rating and issued a $174.00 target price on shares of ICF International in a research note on Friday, September 20th. Truist Financial downgraded shares of ICF International from a "buy" rating to a "hold" rating and dropped their price objective for the company from $168.00 to $155.00 in a research note on Monday, July 1st. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $159.75.

Insider Activity at ICF International

In other news, COO James C. M. Morgan sold 2,500 shares of ICF International stock in a transaction dated Friday, August 2nd. The stock was sold at an average price of $152.50, for a total value of $381,250.00. Following the transaction, the chief operating officer now directly owns 40,163 shares of the company's stock, valued at $6,124,857.50. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. In related news, EVP Anne F. Choate sold 1,368 shares of the stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $165.00, for a total value of $225,720.00. Following the completion of the sale, the executive vice president now directly owns 3,417 shares in the company, valued at approximately $563,805. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO James C. M. Morgan sold 2,500 shares of the firm's stock in a transaction dated Friday, August 2nd. The shares were sold at an average price of $152.50, for a total value of $381,250.00. Following the completion of the transaction, the chief operating officer now directly owns 40,163 shares in the company, valued at $6,124,857.50. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 7,785 shares of company stock worth $1,278,648. 1.39% of the stock is owned by insiders.

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.