ICF International Inc. (NASDAQ:ICFI) reached a new 52-week high during trading on Friday . The stock traded as high as $43.15 and last traded at $42.97, with a volume of 45,964 shares traded. The stock had previously closed at $42.56.

Several equities research analysts have recently commented on ICFI shares. Barrington Research raised shares of ICF International from a “market perform” rating to an “outperform” rating and set a $50.00 target price for the company in a research report on Monday, May 9th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $49.00 target price (up from $47.00) on shares of ICF International in a research report on Friday, May 6th. Finally, Zacks Investment Research raised shares of ICF International from a “hold” rating to a “buy” rating and set a $46.00 target price for the company in a research report on Thursday, August 4th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $49.00.

The stock has a 50-day moving average of $41.17 and a 200 day moving average of $38.50. The firm has a market capitalization of $819.97 million and a P/E ratio of 19.63.

ICF International (NASDAQ:ICFI) last announced its quarterly earnings results on Tuesday, August 2nd. The company reported $0.69 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.01. During the same quarter in the prior year, the firm posted $0.63 EPS. The business earned $305.40 million during the quarter, compared to the consensus estimate of $294.06 million. The company’s revenue for the quarter was up 5.7% on a year-over-year basis. Equities research analysts anticipate that ICF International Inc. will post $2.88 earnings per share for the current year.

In related news, CEO Sudhakar Kesavan sold 9,634 shares of the business’s stock in a transaction on Wednesday, July 6th. The shares were sold at an average price of $41.00, for a total value of $394,994.00. Following the sale, the chief executive officer now owns 152,364 shares in the company, valued at $6,246,924. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

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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