Canaccord Genuity Maintains a 'Buy' on ICF International (ICFI); Q1 Earnings Preview

Canaccord Genuity maintains a 'Buy' on ICF International (NASDAQ: ICFI), PT $30.

Canaccord analyst says, "We continue to view ICFI as considerably undervalued, particularly after a competitor was taken private at a huge premium to ICFI’s current multiples. We remain comfortable with our estimates and continue to recommend purchase of this high-quality name."

"ICFI has not set its Q1 earnings release date, but if history is a guide it will be in early May. We estimate revenue/EPS of $195M/$0.36 and remain
comfortable with our estimates (which are in line with consensus). As a
reminder, management previously guided for Q1 revenue of $192-197M and
EPS of $0.34-0.38."

For more ratings news on ICF International click here and for the rating history of ICF International click here.

Shares of ICF International closed at $23.64 yesterday.

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