ICF International Inc. (NASDAQ:ICFI) saw strong trading volume on Friday . 92,262 shares changed hands during mid-day trading, an increase of 11% from the previous session’s volume of 83,404 shares.The stock last traded at $40.09 and had previously closed at $40.70.

Several research analysts have recently weighed in on the company. Stifel Nicolaus boosted their price target on ICF International from $49.00 to $51.00 and gave the stock a “buy” rating in a research note on Wednesday, August 3rd. Zacks Investment Research upgraded ICF International from a “sell” rating to a “hold” rating and set a $45.00 price target for the company in a research note on Tuesday, May 10th. Finally, Barrington Research upgraded ICF International from a “market perform” rating to an “outperform” rating and set a $50.00 price target for the company in a research note on Monday, May 9th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. ICF International presently has an average rating of “Buy” and a consensus price target of $49.00.

The company’s 50 day moving average price is $40.99 and its 200-day moving average price is $37.61. The stock has a market capitalization of $766.66 million and a P/E ratio of 18.35.

ICF International (NASDAQ:ICFI) last announced its quarterly earnings data on Tuesday, August 2nd. The company reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.01. The firm earned $305.40 million during the quarter, compared to the consensus estimate of $294.06 million. During the same period last year, the company earned $0.63 EPS. The firm’s revenue for the quarter was up 5.7% compared to the same quarter last year. On average, equities analysts forecast that ICF International Inc. will post $2.88 EPS for the current year.

In other ICF International news, CEO Sudhakar Kesavan sold 9,634 shares of the stock in a transaction on Wednesday, July 6th. The stock was sold at an average price of $41.00, for a total transaction of $394,994.00. Following the sale, the chief executive officer now owns 152,364 shares of the company’s stock, valued at approximately $6,246,924. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Phillip Eck sold 800 shares of the stock in a transaction on Tuesday, May 24th. The shares were sold at an average price of $40.10, for a total value of $32,080.00. Following the sale, the vice president now directly owns 1,582 shares in the company, valued at approximately $63,438.20. The disclosure for this sale can be found here.

A hedge fund recently raised its stake in ICF International stock. California State Teachers Retirement System increased its stake in shares of ICF International Inc. (NASDAQ:ICFI) by 1.8% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 36,188 shares of the company’s stock after buying an additional 628 shares during the period. California State Teachers Retirement System owned 0.19% of ICF International worth $1,287,000 at the end of the most recent quarter.

ICF International, Inc, formerly ICF Consulting Group Holdings, LLC, provides professional services and technology-based solutions to government and commercial clients, including management, technology and policy consulting and implementation services. It operates through professional services for government and commercial clients segment.

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