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

ICF International, Inc. (NASDAQ:ICFI) has received a consensus recommendation of “Moderate Buy” from the six ratings firms that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $168.60.

A number of equities analysts recently issued reports on the stock. D. Boral Capital reissued an “outperform” rating and issued 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 for the company in a research note on Friday, November 22nd. StockNews.com cut ICF International from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, November 27th. Finally, Sidoti upgraded ICF International from a “neutral” rating to a “buy” rating and set a $185.00 price objective for the company in a report on Tuesday, November 19th.

ICF International Stock Down 1.1 %

Shares of NASDAQ ICFI opened at $115.00 on Tuesday. The firm has a fifty day simple moving average of $123.16 and a two-hundred day simple moving average of $147.24. ICF International has a 12 month low of $112.99 and a 12 month high of $179.67. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of $2.16 billion, a PE ratio of 20.21 and a beta of 0.56.

Insider Buying and Selling

In other news, Director Scott B. Salmirs purchased 400 shares of the company’s stock in a transaction that occurred on Monday, November 18th. The shares were bought at an average price of $138.38 per share, for a total transaction of $55,352.00. Following the purchase, the director now directly owns 5,803 shares in the company, valued at approximately $803,019.14. This trade represents a 7.40 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 1.39% of the stock is currently owned by company insiders.

Institutional Trading of ICF International

A number of institutional investors and hedge funds have recently bought and sold shares of ICFI. Cibc World Markets Corp purchased a new stake in shares of ICF International during the fourth quarter valued at approximately $208,000. Torray Investment Partners LLC lifted its position in ICF International by 1.2% in the 4th quarter. Torray Investment Partners LLC now owns 13,100 shares of the business services provider’s stock valued at $1,562,000 after acquiring an additional 152 shares in the last quarter. Handelsbanken Fonder AB boosted its stake in ICF International by 8.3% during the 4th quarter. Handelsbanken Fonder AB now owns 5,222 shares of the business services provider’s stock valued at $623,000 after purchasing an additional 400 shares during the last quarter. Rhumbline Advisers increased its holdings in shares of ICF International by 17.0% in the 4th quarter. Rhumbline Advisers now owns 30,630 shares of the business services provider’s stock worth $3,651,000 after purchasing an additional 4,457 shares in the last quarter. Finally, Tributary Capital Management LLC raised its stake in shares of ICF International by 10.9% in the fourth 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 last quarter. 94.12% of the stock is currently owned by institutional investors.

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.