Research Analysts’ Weekly Ratings Updates for ICF International (ICFI)

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Several brokerages have updated their recommendations and price targets on shares of ICF International (NASDAQ: ICFI) in the last few weeks:

  • 2/14/2019 – ICF International was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “ICF International is seeing escalation in costs because it is making significant investments in capture and proposal activities, infrastructure and intellectual property development, loyalty program and acquisitions. Also, it remains embroiled with various legal matters and proceedings including the one associated with, the Road Home contract. Considerable variations in revenues and profit are expected from time to time in accordance with ups and downs in the global economy. Despite such headwinds, the company’s international government business remains strong, courtesy of improvement in business development pipeline and win rate. ICF is also banking on opportunities emerging from the bipartisan budget agreement. Shares of ICF International has outperformed the industry in the past year.”
  • 2/14/2019 – ICF International was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 2/13/2019 – ICF International is now covered by analysts at Berenberg Bank. They set a “hold” rating and a $77.00 price target on the stock.
  • 2/6/2019 – ICF International was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “ICF International has a strong global presence with more than 69 regional offices across the United States and more than 23 offices outside the country. The company’s international government business remains strong, courtesy of improvement in business development pipeline and win rate. Acquisition has been an important growth catalyst. The company is also banking on opportunities emerging from the bipartisan budget agreement. Despite such positives, the company could see escalation in costs because of its plans to make significant investments in capture and proposal activities, infrastructure and intellectual property development, loyalty program and acquisitions. Also, it remains embroiled with various legal matters and proceedings including the one associated with, the Road Home contract. Shares of ICF International has underperformed the industry in the past six months.”
  • 2/6/2019 – ICF International had its “buy” rating reaffirmed by analysts at Cowen Inc. They now have a $80.00 price target on the stock.
  • 2/5/2019 – ICF International was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 1/31/2019 – ICF International was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “ICF International could see escalation in costs because of its plans to make significant investments in capture and proposal activities, infrastructure and intellectual property development, loyalty program and acquisitions. Also, it remains embroiled with various legal matters and proceedings including the one associated with, the Road Home contract. Shares of the company have underperformed its industry in the past six months. Despite such negatives, the company’s international government business remains strong, courtesy of improvement in business development pipeline and win rates. Acquisition has been an important growth catalyst. ICF International is also banking on opportunities emerging from the bipartisan budget agreement.”
  • 1/25/2019 – ICF International was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 1/25/2019 – ICF International was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “ICF International has a strong global presence with more than 69 regional offices across the United States and more than 23 offices outside the country. The company’s international government business remains strong, courtesy of improvement in business development pipeline and win rate. Acquisition has been an important growth catalyst. The company is also banking on opportunities emerging from the bipartisan budget agreement. Shares of ICF International outperformed its industry in the past year. On the flip side, ICF International could see escalation in costs because of its plans to make significant investments in capture and proposal activities, infrastructure and intellectual property development, loyalty program and acquisitions. Also, it remains embroiled with various legal matters and proceedings including the one associated with, the Road Home contract.”
  • 1/16/2019 – ICF International was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “ICF International could see escalation in costs because of its plans to make significant investments in capture and proposal activities, infrastructure and intellectual property development, loyalty program and acquisitions. Also, it remains embroiled with various legal matters and proceedings including the one associated with, the Road Home contract. On the flip side, the company’s international government business remains strong, courtesy of improvement in business development pipeline and win rate. Acquisition has been an important growth catalyst. The company is also banking on opportunities emerging from the bipartisan budget agreement. Shares of ICF International has outperformed the industry in the past year.”
  • 1/3/2019 – ICF International was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “ICF International could see escalation in costs because of its plans to make significant investments in capture and proposal activities, infrastructure and intellectual property development, loyalty program and acquisitions. Also, it remains embroiled with various legal matters and proceedings including the one associated with, the Road Home contract. Considerable variations in revenues and profit are expected from time to time in accordance with ups and downs in the global economy. Despite such headwinds, the company’s international government business remains strong, courtesy of improvement in business development pipeline and win rate. Acquisitions has been an important growth catalyst. The company is also banking on opportunities emerging from the bipartisan budget agreement. Shares of ICF International has outperformed the industry in the past year.”

ICF International stock traded up $1.09 during midday trading on Monday, hitting $74.05. The stock had a trading volume of 107,715 shares, compared to its average volume of 91,006. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 0.36. The firm has a market cap of $1.40 billion, a P/E ratio of 24.52, a P/E/G ratio of 1.71 and a beta of 0.68. ICF International Inc has a 12 month low of $55.35 and a 12 month high of $82.25.

A number of institutional investors have recently made changes to their positions in the stock. Investment Counselors of Maryland LLC increased its holdings in ICF International by 2.1% in the fourth quarter. Investment Counselors of Maryland LLC now owns 390,939 shares of the business services provider’s stock valued at $25,325,000 after buying an additional 8,000 shares during the last quarter. Systematic Financial Management LP increased its holdings in ICF International by 2.4% in the third quarter. Systematic Financial Management LP now owns 322,938 shares of the business services provider’s stock valued at $24,366,000 after buying an additional 7,522 shares during the last quarter. Lord Abbett & CO. LLC increased its holdings in ICF International by 3.4% in the fourth quarter. Lord Abbett & CO. LLC now owns 235,530 shares of the business services provider’s stock valued at $15,258,000 after buying an additional 7,800 shares during the last quarter. Peregrine Capital Management LLC increased its holdings in ICF International by 45.2% in the fourth quarter. Peregrine Capital Management LLC now owns 229,018 shares of the business services provider’s stock valued at $14,836,000 after buying an additional 71,301 shares during the last quarter. Finally, Geode Capital Management LLC increased its holdings in ICF International by 3.6% in the fourth quarter. Geode Capital Management LLC now owns 217,053 shares of the business services provider’s stock valued at $14,060,000 after buying an additional 7,452 shares during the last quarter. 90.98% of the stock is owned by hedge funds and other institutional investors.

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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