Is ICF International, Inc. (ICFI)’s Fuel Running Low? The Stock Reaches 52-Week High Today

April 23, 2018 - By Clifton Ray

ICF International, Inc. (NASDAQ:ICFI) Logo

Investors sentiment increased to 1.24 in 2017 Q4. Its up 0.11, from 1.13 in 2017Q3. It increased, as 6 investors sold ICF International, Inc. shares while 53 reduced holdings. 26 funds opened positions while 47 raised stakes. 16.36 million shares or 1.19% less from 16.56 million shares in 2017Q3 were reported.
Massachusetts-based Rhumbline Advisers has invested 0% in ICF International, Inc. (NASDAQ:ICFI). Parallax Volatility Advisers Limited Partnership reported 2,772 shares stake. Victory Cap Management owns 3,561 shares for 0% of their portfolio. Trexquant Invest L P holds 7,012 shares. Serv Automobile Association has invested 0.02% in ICF International, Inc. (NASDAQ:ICFI). Lsv Asset Mngmt reported 0% stake. Teton holds 23,300 shares. Axa has 0.01% invested in ICF International, Inc. (NASDAQ:ICFI). Ubs Asset Mngmt Americas holds 4,002 shares or 0% of its portfolio. Timessquare Capital reported 697,419 shares. Ameriprise reported 0% in ICF International, Inc. (NASDAQ:ICFI). Brandywine Inv Mngmt Ltd Limited Liability Company accumulated 0.01% or 42,704 shares. Metropolitan Life Insur Company Ny has 0% invested in ICF International, Inc. (NASDAQ:ICFI). Seizert Capital Prns Ltd stated it has 51,071 shares or 0.1% of all its holdings. 1.19 million were accumulated by Blackrock Inc.

Since February 28, 2018, it had 0 insider purchases, and 7 insider sales for $6.13 million activity. Wasson John had sold 12,982 shares worth $811,375 on Thursday, April 5.

The stock of ICF International, Inc. (NASDAQ:ICFI) hit a new 52-week high and has $70.30 target or 4.00 % above today’s $67.60 share price. The 8 months bullish chart indicates low risk for the $1.26 billion company. The 1-year high was reported on Apr, 23 by Barchart.com. If the $70.30 price target is reached, the company will be worth $50.36 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 0.15% or $0.1 during the last trading session, reaching $67.6. About 16,072 shares traded. ICF International, Inc. (NASDAQ:ICFI) has risen 44.20% since April 23, 2017 and is uptrending. It has outperformed by 32.65% the S&P500.

Analysts await ICF International, Inc. (NASDAQ:ICFI) to report earnings on May, 2 after the close. They expect $0.75 earnings per share, up 8.70 % or $0.06 from last year’s $0.69 per share. ICFI’s profit will be $13.97M for 22.53 P/E if the $0.75 EPS becomes a reality. After $0.78 actual earnings per share reported by ICF International, Inc. for the previous quarter, Wall Street now forecasts -3.85 % negative EPS growth.

ICF International, Inc. (NASDAQ:ICFI) Ratings Coverage

Among 5 analysts covering ICF International (NASDAQ:ICFI), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. ICF International has $7700 highest and $58 lowest target. $67.50’s average target is -0.15% below currents $67.6 stock price. ICF International had 7 analyst reports since October 25, 2017 according to SRatingsIntel. The firm earned “Market Perform” rating on Wednesday, February 28 by Wells Fargo. SunTrust maintained ICF International, Inc. (NASDAQ:ICFI) rating on Tuesday, April 17. SunTrust has “Buy” rating and $7700 target. The firm has “Hold” rating given on Wednesday, March 28 by Cowen & Co. The firm has “Market Perform” rating given on Wednesday, October 25 by Wells Fargo. The firm earned “Buy” rating on Friday, November 3 by SunTrust. On Monday, November 6 the stock rating was maintained by Noble Financial with “Hold”. As per Thursday, March 1, the company rating was maintained by Barrington.

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 has market cap of $1.26 billion. The firm researches, collects, and analyses critical policy, industry, and stakeholder issues, trends, and behaviors; provides assessment and advisory services on how to navigate societal, market, business, communication, and technology challenges; and designs, develops, and manages plans, frameworks, programs, and tools that are principal to its clients' business performance. It has a 20.67 P/E ratio. It also identifies, defines, and implements technology systems and business tools through a range of standard and customized methodologies designed to match its clients' business context; and informs and engages its clients' constituents, customers, and employees through public relations, branding and marketing, multichannel and strategic communications, and enterprise training and communications programs.

ICF International, Inc. (NASDAQ:ICFI) Institutional Positions Chart

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