The stock of ICF International Inc (NASDAQ:ICFI) reached all time high today, Nov, 7 and still has $77.90 target or 57.00% above today’s $49.62 share price. This indicates more upside for the $980.05 million company. This technical setup was reported by Barchart.com. If the $77.90 PT is reached, the company will be worth $558.63M 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 90,135 shares traded hands or 23.41% up from the average. ICF International Inc (NASDAQ:ICFI) has risen 40.66% since April 5, 2016 and is uptrending. It has outperformed by 38.70% the S&P500.
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. Stifel Nicolaus maintained ICF International Inc (NASDAQ:ICFI) on Friday, July 31 with “Buy” rating. The stock has “Market Perform” rating given by Barrington on Friday, January 29.
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.
Globeflex Capital Ltd Partnership reported 23 shares or 0% of all its holdings. Moreover, Metropolitan Life Insur Ny has 0% invested in ICF International Inc (NASDAQ:ICFI) for 14,195 shares. Schwab Charles Investment Management accumulated 106,400 shares or 0.01% of the stock. Tocqueville Asset Mngmt Limited Partnership last reported 0.06% of its portfolio in the stock. Nationwide Fund Advisors has 0% invested in the company for 27,079 shares. Boston Partners last reported 819,033 shares in the company. Voya Inv Mngmt has invested 0% of its portfolio in ICF International Inc (NASDAQ:ICFI). Ngam Advsr Ltd Partnership holds 131,612 shares or 0.07% of its portfolio. Amer Gru last reported 10,393 shares in the company. Teachers Advsr Incorporated owns 28,998 shares or 0% of their US portfolio. Amer Capital Mngmt Incorporated accumulated 70,600 shares or 0.24% of the stock. The New York-based Tower Ltd Llc (Trc) has invested 0% in ICF International Inc (NASDAQ:ICFI). Diam Communication Limited accumulated 31,300 shares or 0.02% of the stock. Wellington Gp Limited Liability Partnership, a Massachusetts-based fund reported 439,374 shares. Moreover, D E Shaw & has 0.01% invested in ICF International Inc (NASDAQ:ICFI) for 125,200 shares.
Insider Transactions: Since May 9, 2016, the stock had 0 buys, and 9 sales for $2.68 million net activity. 9,412 shares with value of $423,540 were sold by Wasson John on Thursday, September 22. $202,617 worth of ICF International Inc (NASDAQ:ICFI) shares were sold by Glover Ellen. 9,633 shares with value of $414,219 were sold by Kesavan Sudhakar on Friday, September 2. ECK PHILLIP also sold $48,950 worth of ICF International Inc (NASDAQ:ICFI) on Friday, November 4.
Another recent and important ICF International Inc (NASDAQ:ICFI) news was published by Streetinsider.com which published an article titled: “Form 4 ICF International, Inc. For: Nov 04 Filed by: ECK PHILLIP” on November 04, 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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