ICF International (NASDAQ:ICFI) received a $86.00 target price from analysts at Barrington Research in a research report issued to clients and investors on Friday. The firm presently has a “buy” rating on the business services provider’s stock. Barrington Research’s target price suggests a potential upside of 19.54% from the stock’s current price.
Several other analysts also recently weighed in on the stock. Cowen set a $85.00 target price on shares of ICF International and gave the company a “buy” rating in a report on Monday, November 5th. BidaskClub raised shares of ICF International from a “hold” rating to a “buy” rating in a report on Friday, October 26th. Finally, Loop Capital lifted their target price on shares of ICF International to $89.00 and gave the company a “buy” rating in a report on Friday, August 3rd. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $79.67.
Shares of NASDAQ:ICFI opened at $71.94 on Friday. The stock has a market capitalization of $1.37 billion, a PE ratio of 21.59, a PEG ratio of 1.91 and a beta of 0.72. The company has a current ratio of 1.65, a quick ratio of 1.80 and a debt-to-equity ratio of 0.36. ICF International has a fifty-two week low of $50.10 and a fifty-two week high of $82.25.
In related news, COO John Wasson sold 2,532 shares of the business’s stock in a transaction dated Tuesday, September 18th. The shares were sold at an average price of $79.58, for a total transaction of $201,496.56. Following the sale, the chief operating officer now owns 51,113 shares of the company’s stock, valued at $4,067,572.54. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 4.67% of the stock is currently owned by insiders.
Hedge funds have recently added to or reduced their stakes in the stock. Harvest Fund Management Co. Ltd purchased a new stake in ICF International during the third quarter worth about $118,000. First Quadrant L P CA raised its position in ICF International by 145.1% during the third quarter. First Quadrant L P CA now owns 3,846 shares of the business services provider’s stock worth $290,000 after acquiring an additional 2,277 shares during the last quarter. Ramsey Quantitative Systems raised its position in ICF International by 165.7% during the third quarter. Ramsey Quantitative Systems now owns 6,619 shares of the business services provider’s stock worth $499,000 after acquiring an additional 4,128 shares during the last quarter. Wedge Capital Management L L P NC acquired a new position in ICF International during the second quarter worth about $597,000. Finally, Zebra Capital Management LLC raised its position in ICF International by 189.4% during the second quarter. Zebra Capital Management LLC now owns 12,867 shares of the business services provider’s stock worth $914,000 after acquiring an additional 8,421 shares during the last quarter. 91.91% of the stock is currently owned by hedge funds and other institutional investors.
About ICF International
ICF International Inc provides management, marketing, technology, and policy consulting and implementation services to government and commercial clients in the United States and internationally. The company researches critical policy, industry, and 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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