Wall Street brokerages predict that ICF International Inc (NASDAQ:ICFI) will announce earnings per share (EPS) of $1.02 for the current fiscal quarter, Zacks reports. Three analysts have issued estimates for ICF International’s earnings, with estimates ranging from $1.00 to $1.03. ICF International reported earnings per share of $0.83 during the same quarter last year, which would suggest a positive year over year growth rate of 22.9%. The firm is scheduled to report its next quarterly earnings results after the market closes on Thursday, November 1st.

According to Zacks, analysts expect that ICF International will report full year earnings of $3.81 per share for the current financial year, with EPS estimates ranging from $3.77 to $3.85. For the next financial year, analysts forecast that the business will report earnings of $4.26 per share, with EPS estimates ranging from $4.18 to $4.35. Zacks’ EPS calculations are an average based on a survey of sell-side research analysts that follow ICF International.

ICF International (NASDAQ:ICFI) last issued its quarterly earnings data on Thursday, August 2nd. The business services provider reported $0.80 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.10). ICF International had a return on equity of 9.90% and a net margin of 5.33%. The business had revenue of $324.30 million during the quarter, compared to the consensus estimate of $315.92 million. During the same period last year, the company earned $0.73 earnings per share. The business’s quarterly revenue was up 5.8% compared to the same quarter last year.

A number of equities analysts recently issued reports on the company. Barrington Research set a $86.00 price objective on ICF International and gave the stock a “buy” rating in a report on Monday, August 13th. BidaskClub lowered ICF International from a “buy” rating to a “hold” rating in a report on Thursday, September 20th. Cowen raised ICF International from a “market perform” rating to an “outperform” rating and set a $85.00 price objective for the company in a report on Friday, August 3rd. Loop Capital increased their price objective on ICF International to $89.00 and gave the stock a “buy” rating in a report on Friday, August 3rd. Finally, Zacks Investment Research raised ICF International from a “hold” rating to a “buy” rating and set a $80.00 price objective for the company in a report on Monday, June 18th. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $79.67.

ICFI stock traded down $0.19 on Friday, reaching $71.51. The company’s stock had a trading volume of 80,916 shares, compared to its average volume of 107,929. ICF International has a 52 week low of $50.10 and a 52 week high of $82.25. The firm has a market capitalization of $1.42 billion, a price-to-earnings ratio of 23.68, a price-to-earnings-growth ratio of 1.98 and a beta of 0.70. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.80 and a quick ratio of 1.80.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 16th. Investors of record on Friday, September 7th will be issued a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 0.78%. The ex-dividend date of this dividend is Thursday, September 6th. ICF International’s dividend payout ratio (DPR) is 18.54%.

In other ICF International news, COO John Wasson sold 2,532 shares of the stock in a transaction on Tuesday, September 18th. The stock was sold at an average price of $79.58, for a total transaction of $201,496.56. Following the completion of the transaction, the chief operating officer now directly owns 51,113 shares of the company’s stock, valued at approximately $4,067,572.54. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Sudhakar Kesavan sold 28,744 shares of the stock in a transaction on Friday, August 3rd. The shares were sold at an average price of $78.61, for a total value of $2,259,565.84. Following the transaction, the chief executive officer now directly owns 187,370 shares of the company’s stock, valued at $14,729,155.70. The disclosure for this sale can be found here. Insiders sold a total of 36,248 shares of company stock valued at $2,843,210 over the last three months. Corporate insiders own 4.67% of the company’s stock.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Copper Rock Capital Partners LLC boosted its stake in ICF International by 7.5% during the 3rd quarter. Copper Rock Capital Partners LLC now owns 421,934 shares of the business services provider’s stock valued at $30,864,000 after purchasing an additional 29,474 shares in the last quarter. Northern Trust Corp boosted its stake in ICF International by 0.7% during the 1st quarter. Northern Trust Corp now owns 376,365 shares of the business services provider’s stock valued at $21,998,000 after purchasing an additional 2,534 shares in the last quarter. Russell Investments Group Ltd. boosted its stake in ICF International by 20.2% during the 2nd quarter. Russell Investments Group Ltd. now owns 345,100 shares of the business services provider’s stock valued at $24,519,000 after purchasing an additional 58,091 shares in the last quarter. Systematic Financial Management LP boosted its stake in ICF International by 25.9% during the 2nd quarter. Systematic Financial Management LP now owns 315,416 shares of the business services provider’s stock valued at $22,410,000 after purchasing an additional 64,943 shares in the last quarter. Finally, Millennium Management LLC boosted its stake in ICF International by 5.3% during the 1st quarter. Millennium Management LLC now owns 300,764 shares of the business services provider’s stock valued at $17,580,000 after purchasing an additional 15,038 shares in the last quarter. 90.83% of the stock is owned by hedge funds and other institutional investors.

ICF International Company Profile

ICF International Inc provides management, marketing, technology, and policy consulting and implementation services to government and commercial clients in the United States and internationally. The company researches critical policy, industry, and stakeholder issues, trends, and behaviors; measures and evaluates results and their impact; and provides strategic planning and advisory services to its clients on how to navigate societal, market, business, communication, and technology challenges.

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Earnings History and Estimates for ICF International (NASDAQ:ICFI)

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