Analysts forecast that ICF International Inc (NASDAQ:ICFI) will announce earnings per share of $0.93 for the current quarter, Zacks Investment Research reports. Three analysts have issued estimates for ICF International’s earnings. The highest EPS estimate is $0.99 and the lowest is $0.89. ICF International posted earnings of $0.80 per share during the same quarter last year, which would suggest a positive year-over-year growth rate of 16.3%. The firm is expected to report its next quarterly earnings report after the market closes on Thursday, August 1st.
On average, analysts expect that ICF International will report full year earnings of $4.17 per share for the current fiscal year, with EPS estimates ranging from $4.15 to $4.20. For the next fiscal year, analysts anticipate that the company will post earnings of $4.58 per share, with EPS estimates ranging from $4.50 to $4.65. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side analysts that cover ICF International.
ICF International (NASDAQ:ICFI) last posted its earnings results on Thursday, May 2nd. The business services provider reported $0.87 earnings per share for the quarter, topping the consensus estimate of $0.78 by $0.09. The firm had revenue of $341.25 million during the quarter, compared to analysts’ expectations of $328.54 million. ICF International had a return on equity of 11.37% and a net margin of 4.67%. The firm’s revenue was up 12.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.77 earnings per share.
ICFI stock traded down $0.16 during trading on Wednesday, hitting $81.86. 62,312 shares of the company’s stock were exchanged, compared to its average volume of 98,015. The firm’s 50-day moving average price is $75.30. The firm has a market capitalization of $1.54 billion, a PE ratio of 21.95, a price-to-earnings-growth ratio of 1.96 and a beta of 0.63. ICF International has a 52-week low of $60.22 and a 52-week high of $83.12. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.42 and a quick ratio of 1.42.
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 16th. Shareholders of record on Friday, June 14th were paid a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 0.68%. The ex-dividend date of this dividend was Thursday, June 13th. ICF International’s dividend payout ratio is currently 15.01%.
In other ICF International news, Director Peter M. Schulte sold 1,372 shares of the business’s stock in a transaction that occurred on Wednesday, May 29th. The stock was sold at an average price of $72.51, for a total value of $99,483.72. Following the completion of the sale, the director now owns 230,966 shares in the company, valued at $16,747,344.66. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director Peter M. Schulte sold 1,244 shares of the business’s stock in a transaction that occurred on Friday, May 24th. The shares were sold at an average price of $73.62, for a total value of $91,583.28. Following the completion of the sale, the director now owns 232,338 shares of the company’s stock, valued at approximately $17,104,723.56. The disclosure for this sale can be found here. In the last quarter, insiders sold 17,084 shares of company stock valued at $1,359,503. 4.42% of the stock is owned by company insiders.
A number of hedge funds and other institutional investors have recently modified their holdings of the business. California Public Employees Retirement System grew its stake in shares of ICF International by 3.8% in the fourth quarter. California Public Employees Retirement System now owns 38,542 shares of the business services provider’s stock worth $2,497,000 after acquiring an additional 1,416 shares during the period. United Services Automobile Association boosted its holdings in shares of ICF International by 1.6% in the fourth quarter. United Services Automobile Association now owns 106,239 shares of the business services provider’s stock worth $6,882,000 after buying an additional 1,698 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of 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 worth $14,060,000 after buying an additional 7,452 shares during the last quarter. Lord Abbett & CO. LLC boosted its holdings in shares of 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 worth $15,258,000 after buying an additional 7,800 shares during the last quarter. Finally, Metropolitan Life Insurance Co. NY boosted its holdings in shares of ICF International by 365.7% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 5,914 shares of the business services provider’s stock worth $383,000 after buying an additional 4,644 shares during the last quarter. Institutional investors own 93.35% of the company’s stock.
ICF International Company Profile
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, 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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