ICF International, Inc. (ICFI) Releases FY17 Earnings Guidance

ICF International, Inc. (NASDAQ:ICFI) updated its FY17 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $2.95-3.05 for the period, compared to the Thomson Reuters consensus estimate of $2.99. The company issued revenue guidance of $1.21-1.23 billion, compared to the consensus revenue estimate of $1.22 billion.

A number of analysts recently issued reports on the company. Zacks Investment Research downgraded ICF International from a buy rating to a hold rating in a research report on Tuesday, August 8th. BidaskClub downgraded ICF International from a buy rating to a hold rating in a research report on Saturday, July 8th. SunTrust Banks, Inc. restated a buy rating and issued a $56.00 price target on shares of ICF International in a research report on Tuesday, August 29th. ValuEngine downgraded ICF International from a buy rating to a hold rating in a research report on Saturday. Finally, Noble Financial restated a hold rating on shares of ICF International in a research report on Thursday, August 3rd. One analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company. ICF International has a consensus rating of Hold and a consensus target price of $60.40.

ICF International, Inc. (NASDAQ:ICFI) traded down $2.45 during mid-day trading on Friday, reaching $50.90. The company’s stock had a trading volume of 110,927 shares, compared to its average volume of 75,008. The firm has a market cap of $1.00 billion, a PE ratio of 17.81, a price-to-earnings-growth ratio of 1.80 and a beta of 0.83. The company has a quick ratio of 1.83, a current ratio of 1.83 and a debt-to-equity ratio of 0.49.

ICF International (NASDAQ:ICFI) last issued its earnings results on Thursday, November 2nd. The business services provider reported $0.83 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.80 by $0.03. ICF International had a return on equity of 10.21% and a net margin of 4.05%. The firm had revenue of $305.30 million for the quarter, compared to analysts’ expectations of $311.49 million. During the same quarter last year, the firm earned $0.81 earnings per share. The firm’s revenue for the quarter was down .4% compared to the same quarter last year. equities analysts forecast that ICF International, Inc. will post 2.97 earnings per share for the current year.

In related news, insider Ellen Glover sold 5,631 shares of ICF International stock in a transaction on Friday, September 1st. The stock was sold at an average price of $50.00, for a total value of $281,550.00. Following the transaction, the insider now owns 33,354 shares in the company, valued at $1,667,700. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider James C. M. Morgan sold 10,000 shares of ICF International stock in a transaction on Tuesday, September 5th. The shares were sold at an average price of $51.50, for a total value of $515,000.00. Following the completion of the transaction, the insider now owns 26,325 shares in the company, valued at approximately $1,355,737.50. The disclosure for this sale can be found here. Insiders sold 52,029 shares of company stock worth $2,683,653 in the last quarter. 5.48% of the stock is owned by insiders.

TRADEMARK VIOLATION WARNING: This piece was first posted by Community Financial News and is the property of of Community Financial News. If you are accessing this piece on another website, it was copied illegally and reposted in violation of international trademark and copyright laws. The correct version of this piece can be viewed at https://www.com-unik.info/2017/11/04/icf-international-inc-icfi-releases-fy17-earnings-guidance.html.

About ICF International

ICF International, Inc provides professional services and technology-based solutions to government and commercial clients, including management, technology, and policy consulting and implementation services. The Company’s services address four markets: energy, environment and infrastructure; health, education and social programs; safety and security, and consumer and financial.

Earnings History and Estimates for ICF International (NASDAQ:ICFI)

What are top analysts saying about ICF International Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for ICF International Inc. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit