Analysts Set ICF International, Inc. (NASDAQ:ICFI) Target Price at $140.20

Shares of ICF International, Inc. (NASDAQ:ICFI) have earned a consensus recommendation of “Moderate Buy” from the six ratings firms that are presently covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12 month price target among analysts that have covered the stock in the last year is $140.20.

ICFI has been the subject of a number of research analyst reports. Barrington Research dropped their price target on ICF International from $174.00 to $102.00 and set an “outperform” rating for the company in a research report on Monday, March 3rd. Canaccord Genuity Group reiterated a “hold” rating and set a $100.00 target price (down from $200.00) on shares of ICF International in a research report on Friday, February 28th. D. Boral Capital reissued an “outperform” rating and issued a $174.00 price target on shares of ICF International in a report on Monday, December 16th. Finally, StockNews.com downgraded shares of ICF International from a “buy” rating to a “hold” rating in a report on Monday, March 3rd.

ICF International Trading Up 0.2 %

ICF International stock opened at $86.17 on Wednesday. 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 $75.91 and a fifty-two week high of $179.67. The stock has a market cap of $1.59 billion, a P/E ratio of 15.14 and a beta of 0.56. The firm’s fifty day moving average price is $101.75 and its 200-day moving average price is $131.94.

ICF International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 14th. Stockholders of record on Friday, March 28th will be paid a $0.14 dividend. The ex-dividend date of this dividend is Friday, March 28th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.65%. ICF International’s dividend payout ratio (DPR) is 9.61%.

Hedge Funds Weigh In On ICF International

A number of large investors have recently added to or reduced their stakes in ICFI. Geode Capital Management LLC grew its stake 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 buying an additional 18,109 shares during the last quarter. BNP Paribas Financial Markets grew its position in ICF International by 94.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 17,631 shares of the business services provider’s stock worth $2,941,000 after acquiring an additional 8,548 shares during the last quarter. Quantbot Technologies LP bought a new position in ICF International during the 3rd quarter worth approximately $852,000. Pier Capital LLC purchased a new position in ICF International in the 3rd quarter worth approximately $6,579,000. Finally, Wilmington Savings Fund Society FSB bought a new stake in ICF International in the third quarter valued at approximately $734,000. Hedge funds and other institutional investors own 94.12% of the company’s stock.

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.