ICF International (NASDAQ:ICFI) Stock Price Breaks Above 200-Day Moving Average – Should You Sell?

ICF International, Inc. (NASDAQ:ICFI) shares crossed above its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of $77.66 and traded as high as $90.94. ICF International shares last traded at $89.78, with a volume of 151,255 shares changing hands.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on ICFI shares. Wall Street Zen upgraded ICF International from a “hold” rating to a “strong-buy” rating in a research note on Saturday, August 8th. Weiss Ratings raised ICF International from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, October 2nd. Finally, Barrington Research set a $110.00 price target on ICF International in a research note on Friday, August 14th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, ICF International presently has a consensus rating of “Moderate Buy” and an average price target of $105.00.

ICF International Stock Performance

The company has a market cap of $1.67 billion, a PE ratio of 19.32 and a beta of 0.52. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.39. The firm’s 50-day simple moving average is $87.00 and its two-hundred day simple moving average is $78.00.

ICF International (NASDAQ:ICFI) last issued its quarterly earnings results on Thursday, August 6th. The business services provider reported $1.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.65 by $0.21. The business had revenue of $474.50 million for the quarter, compared to analyst estimates of $478.30 million. ICF International had a net margin of 4.86% and a return on equity of 11.53%. ICF International’s revenue for the quarter was down .3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.66 EPS. ICF International has set its FY 2026 guidance at 6.950-7.250 EPS. As a group, research analysts anticipate that ICF International, Inc. will post 7.07 earnings per share for the current fiscal year.

ICF International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, October 9th. Investors of record on Friday, September 4th were given a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Friday, September 4th. ICF International’s dividend payout ratio is presently 11.59%.

ICF International declared that its board has initiated a stock repurchase plan on Thursday, June 25th that permits the company to buy back $100.00 million in shares. This repurchase authorization permits the business services provider to reacquire up to 8.1% of its stock through open market purchases. Share repurchase plans are usually a sign that the company’s leadership believes its stock is undervalued.

Insiders Place Their Bets

In other ICF International news, CEO John Wasson sold 6,400 shares of the business’s stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $88.32, for a total transaction of $565,248.00. Following the sale, the chief executive officer owned 6,339 shares in the company, valued at approximately $559,860.48. The trade was a 50.24% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sergio J. Ostria sold 2,000 shares of the business’s stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $88.59, for a total value of $177,180.00. Following the sale, the executive vice president owned 24,467 shares in the company, valued at approximately $2,167,531.53. The trade was a 7.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.71% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Root Financial Partners LLC acquired a new stake in shares of ICF International during the third quarter worth about $25,000. Nisa Investment Advisors LLC boosted its position in ICF International by 11.0% in the third quarter. Nisa Investment Advisors LLC now owns 1,630 shares of the business services provider’s stock valued at $136,000 after buying an additional 162 shares during the last quarter. GAMMA Investing LLC increased its holdings in ICF International by 41.3% in the 3rd quarter. GAMMA Investing LLC now owns 472 shares of the business services provider’s stock worth $39,000 after buying an additional 138 shares during the period. Farther Finance Advisors LLC increased its holdings in ICF International by 73.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 336 shares of the business services provider’s stock worth $28,000 after buying an additional 142 shares during the period. Finally, Empowered Funds LLC acquired a new position in ICF International in the 2nd quarter worth approximately $3,881,000. 94.12% of the stock is currently owned by hedge funds and other institutional investors.

ICF International Company Profile

ICF International, Inc is a global consulting and technology services company that helps government agencies, businesses and nonprofit organizations address complex policy, management and operational challenges. The company combines research, advisory services, data analytics, technology implementation and strategic communications to support clients from program design through execution and evaluation.

ICF’s work spans energy and climate, environment, transportation, public health, health care, community development, disaster recovery, workforce programs and public-sector modernization.