The stock of ICF International Inc (NASDAQ:ICFI) reached all time high today, Oct, 31 and still has $66.92 target or 43.00% above today’s $46.80 share price. This indicates more upside for the $889.82M company. This technical setup was reported by Barchart.com. If the $66.92 PT is reached, the company will be worth $382.62 million more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events. About 25,293 shares traded hands. ICF International Inc (NASDAQ:ICFI) has risen 33.70% since March 29, 2016 and is uptrending. It has outperformed by 30.22% the S&P500.
Analysts await ICF International Inc (NASDAQ:ICFI) to report earnings on November, 3. They expect $0.80 earnings per share, up 6.67% or $0.05 from last year’s $0.75 per share. ICFI’s profit will be $15.21M for 14.63 P/E if the $0.80 EPS becomes a reality. After $0.69 actual earnings per share reported by ICF International Inc for the previous quarter, Wall Street now forecasts 15.94% EPS growth.
ICF International Inc (NASDAQ:ICFI) Ratings Coverage
Out of 2 analysts covering ICF International (NASDAQ:ICFI), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. ICF International has been the topic of 2 analyst reports since July 31, 2015 according to StockzIntelligence Inc. The company was maintained on Friday, July 31 by Stifel Nicolaus. The firm has “Market Perform” rating given on Friday, January 29 by Barrington.
According to Zacks Investment Research, “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.”
Insitutional Activity: The institutional sentiment increased to 1.32 in 2016 Q2. Its up 0.13, from 1.19 in 2016Q1. The ratio is positive, as 5 funds sold all ICF International Inc shares owned while 45 reduced positions. 27 funds bought stakes while 39 increased positions. They now own 17.10 million shares or 0.62% more from 17.00 million shares in 2016Q1.
Columbia Wanger Asset Mgmt Lc has 518,615 shares for 0.25% of their US portfolio. Renaissance Ltd Liability Com last reported 0.01% of its portfolio in the stock. Fmr Limited Liability has 2.61M shares for 0.01% of their US portfolio. Landscape Cap Management Llc reported 7,194 shares or 0.04% of all its holdings. Blackrock Lc last reported 0% of its portfolio in the stock. Voya Investment Ltd Liability Corporation holds 9,299 shares or 0% of its portfolio. Acadian Asset Mgmt Limited Liability Company holds 0% or 15,746 shares in its portfolio. Delphi Management Incorporated Ma has 1.3% invested in the company for 49,756 shares. Strs Ohio accumulated 0% or 19,400 shares. Qs Investors Lc last reported 8 shares in the company. Swiss Bancorp has 0% invested in the company for 27,600 shares. Millennium Management Limited owns 28,614 shares or 0% of their US portfolio. Da Davidson & last reported 295 shares in the company. Timessquare Management Limited Liability, a New York-based fund reported 632,914 shares. Blackrock has 4,789 shares for 0% of their US portfolio.
Insider Transactions: Since May 6, 2016, the stock had 0 insider purchases, and 9 selling transactions for $2.87 million net activity. 8,952 shares were sold by Glover Ellen, worth $384,936 on Friday, September 16. Kesavan Sudhakar had sold 9,634 shares worth $394,994 on Wednesday, July 6. Wasson John sold $333,320 worth of stock. 800 shares were sold by ECK PHILLIP, worth $32,080 on Tuesday, May 24.
Another recent and important ICF International Inc (NASDAQ:ICFI) news was published by Businesswire.com which published an article titled: “ICF International to Host Investor Day on September 20, 2016” on September 16, 2016.
ICFI Company Profile
ICF International, Inc., formerly ICF Consulting Group Holdings, LLC, incorporated on April 18, 2006, provides professional services and technology solutions to government and commercial clients, including management, technology and policy consulting and implementation services. The Firm operates through professional services for government and commercial clients segment. The Company’s services address approximately four markets: energy, environment and infrastructure; health, education and social programs; safety and security, and consumer and financial. The Company’s services include research and analytic services, assessment and advisory services, design and management services, solution identification and implementation services, and engagement services.
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