ICF International Inc (ICFI) was Upgraded by Barrington Research to ” Outperform” and the brokerage firm has set the Price Target at $50. Earlier the firm had a rating of “Mkt Perform ” on the company shares. Barrington Research advised their investors in a research report released on May 9, 2016.
Many Wall Street Analysts have commented on ICF International Inc. Company shares were Reiterated by Stifel on May 6, 2016 to “Buy”, Firm has raised the Price Target to $ 49 from a previous price target of $47 .
On the company’s financial health, ICF International Inc reported $0.60 EPS for the quarter, based on the information available during the earnings call on May 5, 2016. Analyst had a consensus estimate of $0.60. The company had revenue of $283.60 million for the quarter, compared to analysts expectations of $280.03 million. The company’s revenue was up 3.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.54 EPS.
ICF International Inc opened for trading at $38.01 and hit $40 on the upside on Friday, eventually ending the session at $39.57, with a gain of 3.10% or 1.19 points. The heightened volatility saw the trading volume jump to 2,97,868 shares. Company has a market cap of $750 M.
In a different news, on May 9, 2016, Ellen Glover (EVP) sold 2,941 shares at $40.00 per share price. According to the SEC, on Apr 18, 2016, John Wasson (President and COO) sold 8,333 shares at $37.50 per share price. On Jun 9, 2015, Srikant Datar (director) purchased 1,800 shares at $36.22 per share price, according to the Form-4 filing with the securities and exchange commission.
ICF International Inc. provides management technology and policy consulting and implementation services to Government and commercial clients. The Company’s services primarily address three key markets: energy environment and infrastructure; health social programs and consumer/financial and public safety and defense. Its primary services include research and analytic services assessment and advisory services design and management services solution identification and implementation services and engagement services. The Company researches critical policy industry and stakeholder issues trends and behavior. The Company collects and analyzes varieties of data to understand critical issues and options for its clients. The Company measures/assesses results and their impact and based on those assessments the Company provides advice to its clients on how to navigate societal market business communication and technology challenges.