Recent exceptional positive changes in investment behavior have benefitted ICF International Inc (NASDAQ: ICFI): positive upside/downside volume developed, and the stock’s recent price rise disrupted its longer term downtrend.
ICF International Inc (NASDAQ: ICFI) has benefited from significant positive changes in fundamentals: significant quarterly earnings acceleration occurred, and the consensus estimate for December, 2024 increased significantly.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
ICFI’s future returns on capital are forecasted to exceed 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 (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. ICF International has a poor Appreciation Score of 25 but a slightly positive Power Rating of 61, triggering the Low Neutral Value Trend Rating.
Recent Price Action
ICF International Inc (NASDAQ: ICFI) stock declined slightly by -0.10% on 9/11/24. The stock closed at $162.52. However, unusually low trading volume at 59% of normal accompanied the decline. Relative to the market the stock has been strong over the last nine months but has declined -0.6% during the last week.
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