Zacks Investment Research cut shares of ICF International (NASDAQ:ICFI) from a buy rating to a hold rating in a research note published on Saturday.

According to Zacks, “ICF International partners with government and commercial clients to deliver consulting services and technology solutions in the energy, environment, transportation, social programs, defense, and homeland security markets. The firm combines passion for its work with industry expertise and innovative analytics to produce compelling results throughout the entire program life cycle, from analysis and design through implementation and improvement. ICF has been serving government at all levels, major corporations, and multilateral institutions. “

A number of other equities research analysts have also issued reports on the stock. BidaskClub lowered shares of ICF International from a buy rating to a hold rating in a report on Thursday, December 7th. Noble Financial reaffirmed a hold rating on shares of ICF International in a research note on Tuesday, November 7th. ValuEngine lowered shares of ICF International from a buy rating to a hold rating in a research note on Saturday, November 4th. Finally, Wells Fargo & Co increased their target price on shares of ICF International from $54.00 to $58.00 and gave the stock a market perform rating in a research note on Wednesday, October 25th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the stock. ICF International has an average rating of Hold and a consensus price target of $58.50.

Shares of ICF International (NASDAQ ICFI) opened at $54.05 on Friday. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.57 and a quick ratio of 1.57. ICF International has a 1-year low of $40.20 and a 1-year high of $56.55. The stock has a market cap of $995.51, a PE ratio of 21.19, a P/E/G ratio of 1.62 and a beta of 0.87.

Hedge funds have recently made changes to their positions in the business. Nationwide Fund Advisors boosted its stake in ICF International by 41.8% during the third quarter. Nationwide Fund Advisors now owns 36,703 shares of the business services provider’s stock worth $1,980,000 after buying an additional 10,825 shares during the period. First Quadrant L P CA boosted its stake in ICF International by 23.2% during the third quarter. First Quadrant L P CA now owns 13,201 shares of the business services provider’s stock worth $712,000 after buying an additional 2,483 shares during the period. Systematic Financial Management LP boosted its stake in ICF International by 392.2% during the third quarter. Systematic Financial Management LP now owns 159,432 shares of the business services provider’s stock worth $8,601,000 after buying an additional 127,037 shares during the period. State Street Corp boosted its stake in ICF International by 5.3% during the second quarter. State Street Corp now owns 359,155 shares of the business services provider’s stock worth $16,916,000 after buying an additional 18,151 shares during the period. Finally, Teachers Advisors LLC boosted its stake in ICF International by 6.3% during the second quarter. Teachers Advisors LLC now owns 32,729 shares of the business services provider’s stock worth $1,542,000 after buying an additional 1,946 shares during the period. 90.83% of the stock is owned by institutional investors.

ILLEGAL ACTIVITY NOTICE: “ICF International (ICFI) Lowered to Hold at Zacks Investment Research” was published by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are viewing this report on another site, it was stolen and reposted in violation of US and international trademark and copyright legislation. The legal version of this report can be viewed at https://theolympiareport.com/2018/02/13/icf-international-icfi-lowered-to-hold-at-zacks-investment-research.html.

About ICF International

ICF International, Inc provides professional services and technology-based solutions to government and commercial clients, including management, technology, and policy consulting and implementation services. The Company’s services address four markets: energy, environment and infrastructure; health, education and social programs; safety and security, and consumer and financial.

Get a free copy of the Zacks research report on ICF International (ICFI)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for ICF International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ICF International and related companies with MarketBeat.com's FREE daily email newsletter.