ICF International (NASDAQ:ICFI) spotted trading -26.55% off 52-week high price. On the other end, the stock has been noted 46.49% away from the low price over the last 52-weeks. The stock changed -1.07% to recent value of $69.95. The stock transacted 56408 shares during most recent day however it has an average volume of 137.69K shares. The company has 19.43M of outstanding shares and 18.05M shares were floated in the market.

First Quarter Highlights:

  • Total Revenue Was $358 Million, Up 5%
  • Diluted EPS Was $0.55 Inclusive of $0.16 in Special Charges
  • Non-GAAP EPS¹ Was $0.83
  • Adjusted EBITDA Margin on Service Revenue¹ Was 10.9%
  • Contract Awards of $357 Million, Up 23%; TTM Contract Awards Were $1.6 Billion For a Book-to-Bill Ratio of 1.06
  • Completed Acquisition of Incentive Technology Group, LLC (ITG), a Leading Provider of Cloud-based IT Modernization Services to the U.S. Federal Government
  • Guides to Revenue and EBITDA¹ Similar to 2019 and Higher Operating Cash Flow of Approximately $110 Million

On May 05, 2020, ICF International (NASDAQ:ICFI) a global consulting and digital services provider, disclosed results for the first quarter ended March 31, 2020.

First quarter results and awards were aligned with ICF’s strong positioning in key growth areas within our government and commercial markets, said John Wasson, president and chief executive officer. Mid-single digit revenue growth was led by increases of 6.5% and 5.7%, respectively, in revenues from government and commercial energy clients, which together represented 83% of total first quarter revenues. This positive performance more than offset the lower-than-expected revenue performance of our commercial marketing services group, which is more sensitive to changes in economic conditions.

At the onset of the COVID-19 pandemic, ICF activated business continuity plans and implemented work-from-home protocols for over 98% of our workforce. Our staff is accustomed to teleworking, and our clients were amenable to this shift, which enabled us to work seamlessly and effectively while lockdowns were in effect in most of the geographies in which we operate.

Its earnings per share (EPS) expected to touch remained 12.90% for this year while earning per share for the next 5-years is expected to reach at 10.00%. ICFI has a gross margin of 35.50% and an operating margin of 6.90% while its profit margin remained 4.70% for the last 12 months.

According to the most recent quarter its current ratio was 1.3 that represents company’s ability to meet its current financial obligations. The price moved ahead of 0.65% from the mean of 20 days, -0.25% from mean of 50 days SMA and performed -14.28% from mean of 200 days price. Company’s performance for the week was -2.98%, 8.32% for month and YTD performance remained -23.65%.