Why ICF International (ICFI) is a Top Stock for the Long-Term
Kickstarting your investment journey can be both exciting and scary at the same time, and if you're new to investing, you may not know where to even begin. However, one thing is for certain -- stocks set to beat the market over the next 12 months serve as the perfect foundation for any kind of investor.
Now, let's break down why adding this one exceptional stock, highlighted below, to your portfolio could be a recipe for success.
Why You Should Pay Attention to ICF International (ICFI)
Headquartered in Fairfax, VA, ICF International, Inc. is a provider of professional services and technology-based solutions to government and commercial clients. The company’s primary services include advisory, analytics, digital, engagement and program implementation services. These services are offered in four markets namely, energy, environment and infrastructure; health, education, and social programs; safety and security, and consumer and financial.
ICFI was added to the Zacks Focus List on April 23, 2018 at $66.60 per share. Since then, shares have increased 89.64% to $126.30.
One analyst revised their earnings estimate higher in the last 60 days for fiscal 2023, while the Zacks Consensus Estimate has increased $0.04 to $6.31. ICFI also boasts an average earnings surprise of 7%.
Additionally, ICF International's earnings are expected to grow 9.4% for the current fiscal year.
It can be very profitable to buy stocks with rising earnings estimates, as stock prices respond to revisions. By adding a Focus List stock like ICFI, there's a great chance you'll be getting into a company whose future earnings estimates will be raised, which can lead to price momentum.
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ICF International, Inc. (ICFI) : Free Stock Analysis Report
