ICF International Inc (NASDAQ: ICFI) has reported earnings for its fourth fiscal quarter (ending December 31) of $1.18 versus $0.47 for the same period a year ago — an increase of 151%. However, this result fell short of the consensus estimate of $1.63 by $-0.45. For the latest four quarters through December 31, E.P.S. were $4.39 versus $3.41 for the same period a year ago — an increase of 29%.
Recent Price Action
ICF International Inc (NASDAQ: ICFI) stock closed at $155.43 on 2/27/24 after an increase of 1.1%. Trading volume in this advance was normal. The stock has risen 2.4% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
ICFI’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
ICF International has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. ICF International has a poor Appreciation Score of 30 but a good Power Rating of 81, triggering the Neutral Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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