Equities research analysts expect ICF International, Inc. (NASDAQ: ICFI – Get Rating) to report $ 431.41 million in sales for the current quarter, according to Zacks. Two analysts have issued estimates for ICF International’s earnings. The lowest sales estimate is $ 427.10 million and the highest is $ 435.71 million. ICF International posted sales of $ 392.53 million during the same quarter last year, which would indicate a positive year over year growth rate of 9.9%. The business is expected to announce its next earnings results on Monday, January 1st.
According to Zacks, analysts expect that ICF International will report full year sales of $ 1.72 billion for the current year, with estimates ranging from $ 1.70 billion to $ 1.73 billion. For the next fiscal year, analysts expect that the firm will post sales of $ 1.84 billion, with estimates ranging from $ 1.81 billion to $ 1.87 billion. Zacks’ sales calculations are a mean average based on a survey of sell-side research firms that provide coverage for ICF International.
ICF International (NASDAQ: ICFI – Get Rating) last released its earnings results on Wednesday, May 4th. The business services provider reported $ 1.31 earnings per share for the quarter, beating analysts’ consensus estimates of $ 1.11 by $ 0.20. The business had revenue of $ 413.00 million during the quarter, compared to the consensus estimate of $ 401.66 million. ICF International had a net margin of 4.45% and a return on equity of 12.10%. The company’s revenue for the quarter was up 9.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $ 1.13 EPS.
ICFI has been the topic of several analyst reports. StockNews.com upgraded ICF International from a “hold” rating to a “buy” rating in a research report on Thursday, May 5th. Zacks Investment Research upgraded shares of ICF International from a “hold” rating to a “buy” rating and set a $ 106.00 price target on the stock in a research report on Monday. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, ICF International has a consensus rating of “Buy” and a consensus price target of $ 120.50.
Shares of NASDAQ: ICFI opened at $ 95.29 on Friday. The company’s 50-day moving average is $ 95.23 and its 200 day moving average is $ 97.71. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.19 and a current ratio of 1.19. The company has a market capitalization of $ 1.79 billion, a P / E ratio of 26.09 and a beta of 0.67. ICF International has a fifty-two week low of $ 84.68 and a fifty-two week high of $ 108.23.
The company also recently announced a quarterly dividend, which will be paid on Thursday, July 14th. Stockholders of record on Friday, June 10th will be issued a dividend of $ 0.14 per share. This represents a $ 0.56 annualized dividend and a dividend yield of 0.59%. The ex-dividend date of this dividend is Thursday, June 9th. ICF International’s dividend payout ratio (DPR) is 15.09%.
Several hedge funds have recently made changes to their positions in ICFI. Nisa Investment Advisors LLC purchased a new stake in shares of ICF International during the first quarter worth approximately $ 36,000. FourThought Financial LLC purchased a new position at ICF International in the third quarter worth $ 37,000. UMB Bank NA MO purchased a new stake in shares of ICF International during the 4th quarter worth $ 65,000. Pinebridge Investments LP purchased a new position in ICF International in the 4th quarter valued at about $ 92,000. Finally, First Horizon Advisors Inc. increased its stake in shares of ICF International by 582.5% during the 3rd quarter. First Horizon Advisors Inc. now owns 5,371 shares of the business services provider’s stock valued at $ 196,000 after acquiring an additional 4,584 shares during the last quarter. 91.31% of the stock is currently owned by hedge funds and other institutional investors.
About ICF International (Get Rating)
ICF International, Inc provides management, marketing, technology, and policy consulting and implementation services to government and commercial clients in the United States and internationally. It 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, market, business, communication, and technology challenges.
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