Intrinsic value of ICF International - ICFI

Previous Close

$73.25

  Intrinsic Value

$68.42

stock screener

  Rating & Target

hold

-7%

Previous close

$73.25

 
Intrinsic value

$68.42

 
Up/down potential

-7%

 
Rating

hold

We calculate the intrinsic value of ICFI stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Revenue (in 2017), $M
Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Variable cost ratio, %
Fixed operating expenses, $M
Interest rate on debt, %
Effective corporate tax rate, %
Production assets / Revenue, %
Life of production assets, yrs
Working capital / Revenue, %
Revenue / Adjusted assets
Adjusted equity ratio
Cash flow adjustment, % of Revenue
Book value of equity, $M
Shares outstanding, mln
Market capitalization, $bln 1.4

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
   2018
   2019
   2020
   2021
   2022
   2023
   2024
   2025
   2026
   2027
   2028
   2029
   2030
   2031
   2032
   2033
   2034
   2035
   2036
   2037
   2038
   2039
   2040
   2041
   2042
   2043
   2044
   2045
   2046
   2047

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  3.70
  3.83
  3.95
  4.05
  4.15
  4.23
  4.31
  4.38
  4.44
  4.50
  4.55
  4.59
  4.63
  4.67
  4.70
  4.73
  4.76
  4.78
  4.80
  4.82
  4.84
  4.86
  4.87
  4.88
  4.90
  4.91
  4.92
  4.92
  4.93
  4.94
Revenue, $m
  1,274
  1,323
  1,376
  1,431
  1,491
  1,554
  1,621
  1,692
  1,767
  1,846
  1,930
  2,019
  2,112
  2,211
  2,315
  2,424
  2,540
  2,661
  2,789
  2,924
  3,065
  3,214
  3,371
  3,535
  3,709
  3,890
  4,082
  4,283
  4,494
  4,716
Variable operating expenses, $m
  1,183
  1,225
  1,271
  1,319
  1,371
  1,426
  1,484
  1,546
  1,612
  1,681
  1,682
  1,759
  1,840
  1,926
  2,017
  2,112
  2,213
  2,319
  2,430
  2,548
  2,671
  2,801
  2,937
  3,081
  3,231
  3,390
  3,557
  3,732
  3,916
  4,109
Fixed operating expenses, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total operating expenses, $m
  1,183
  1,225
  1,271
  1,319
  1,371
  1,426
  1,484
  1,546
  1,612
  1,681
  1,682
  1,759
  1,840
  1,926
  2,017
  2,112
  2,213
  2,319
  2,430
  2,548
  2,671
  2,801
  2,937
  3,081
  3,231
  3,390
  3,557
  3,732
  3,916
  4,109
Operating income, $m
  92
  98
  105
  112
  120
  128
  136
  146
  155
  165
  248
  260
  272
  284
  298
  312
  327
  342
  359
  376
  394
  414
  434
  455
  477
  501
  525
  551
  578
  607
EBITDA, $m
  243
  253
  263
  273
  285
  297
  309
  323
  337
  352
  368
  385
  403
  422
  442
  463
  485
  508
  532
  558
  585
  613
  643
  675
  708
  743
  779
  817
  858
  900
Interest expense (income), $m
  9
  11
  12
  13
  14
  16
  17
  18
  20
  21
  23
  25
  26
  28
  30
  32
  35
  37
  40
  42
  45
  48
  51
  54
  58
  61
  65
  69
  73
  77
  82
Earnings before tax, $m
  81
  86
  92
  98
  104
  111
  118
  126
  134
  143
  224
  233
  244
  254
  265
  277
  290
  303
  317
  331
  346
  363
  379
  397
  416
  436
  456
  478
  501
  525
Tax expense, $m
  22
  23
  25
  26
  28
  30
  32
  34
  36
  39
  60
  63
  66
  69
  72
  75
  78
  82
  85
  89
  94
  98
  102
  107
  112
  118
  123
  129
  135
  142
Net income, $m
  59
  63
  67
  71
  76
  81
  86
  92
  98
  104
  163
  170
  178
  186
  194
  202
  211
  221
  231
  242
  253
  265
  277
  290
  304
  318
  333
  349
  366
  383

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  1,151
  1,195
  1,243
  1,293
  1,347
  1,404
  1,464
  1,528
  1,596
  1,668
  1,744
  1,824
  1,908
  1,997
  2,091
  2,190
  2,294
  2,404
  2,520
  2,641
  2,769
  2,903
  3,045
  3,194
  3,350
  3,514
  3,687
  3,869
  4,060
  4,260
Adjusted assets (=assets-cash), $m
  1,151
  1,195
  1,243
  1,293
  1,347
  1,404
  1,464
  1,528
  1,596
  1,668
  1,744
  1,824
  1,908
  1,997
  2,091
  2,190
  2,294
  2,404
  2,520
  2,641
  2,769
  2,903
  3,045
  3,194
  3,350
  3,514
  3,687
  3,869
  4,060
  4,260
Revenue / Adjusted assets
  1.107
  1.107
  1.107
  1.107
  1.107
  1.107
  1.107
  1.107
  1.107
  1.107
  1.107
  1.107
  1.107
  1.107
  1.107
  1.107
  1.107
  1.107
  1.107
  1.107
  1.107
  1.107
  1.107
  1.107
  1.107
  1.107
  1.107
  1.107
  1.107
  1.107
Average production assets, $m
  793
  823
  856
  890
  927
  966
  1,008
  1,052
  1,099
  1,148
  1,201
  1,256
  1,314
  1,375
  1,440
  1,508
  1,580
  1,655
  1,735
  1,819
  1,907
  1,999
  2,097
  2,199
  2,307
  2,420
  2,539
  2,664
  2,795
  2,933
Working capital, $m
  -78
  -81
  -84
  -87
  -91
  -95
  -99
  -103
  -108
  -113
  -118
  -123
  -129
  -135
  -141
  -148
  -155
  -162
  -170
  -178
  -187
  -196
  -206
  -216
  -226
  -237
  -249
  -261
  -274
  -288
Total debt, $m
  224
  244
  265
  287
  311
  337
  363
  392
  422
  454
  488
  523
  561
  601
  643
  687
  733
  782
  833
  887
  944
  1,004
  1,067
  1,133
  1,203
  1,276
  1,353
  1,434
  1,519
  1,608
Total liabilities, $m
  512
  532
  553
  575
  599
  625
  651
  680
  710
  742
  776
  812
  849
  889
  931
  975
  1,021
  1,070
  1,121
  1,175
  1,232
  1,292
  1,355
  1,421
  1,491
  1,564
  1,641
  1,722
  1,807
  1,896
Total equity, $m
  639
  663
  690
  718
  747
  779
  813
  848
  886
  926
  968
  1,012
  1,059
  1,108
  1,161
  1,215
  1,273
  1,334
  1,398
  1,466
  1,537
  1,611
  1,690
  1,772
  1,859
  1,951
  2,046
  2,147
  2,253
  2,364
Total liabilities and equity, $m
  1,151
  1,195
  1,243
  1,293
  1,346
  1,404
  1,464
  1,528
  1,596
  1,668
  1,744
  1,824
  1,908
  1,997
  2,092
  2,190
  2,294
  2,404
  2,519
  2,641
  2,769
  2,903
  3,045
  3,193
  3,350
  3,515
  3,687
  3,869
  4,060
  4,260
Debt-to-equity ratio
  0.350
  0.370
  0.380
  0.400
  0.420
  0.430
  0.450
  0.460
  0.480
  0.490
  0.500
  0.520
  0.530
  0.540
  0.550
  0.560
  0.580
  0.590
  0.600
  0.610
  0.610
  0.620
  0.630
  0.640
  0.650
  0.650
  0.660
  0.670
  0.670
  0.680
Adjusted equity ratio
  0.555
  0.555
  0.555
  0.555
  0.555
  0.555
  0.555
  0.555
  0.555
  0.555
  0.555
  0.555
  0.555
  0.555
  0.555
  0.555
  0.555
  0.555
  0.555
  0.555
  0.555
  0.555
  0.555
  0.555
  0.555
  0.555
  0.555
  0.555
  0.555
  0.555

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  59
  63
  67
  71
  76
  81
  86
  92
  98
  104
  163
  170
  178
  186
  194
  202
  211
  221
  231
  242
  253
  265
  277
  290
  304
  318
  333
  349
  366
  383
Depreciation, amort., depletion, $m
  151
  154
  158
  161
  165
  169
  173
  177
  182
  187
  120
  126
  131
  138
  144
  151
  158
  166
  173
  182
  191
  200
  210
  220
  231
  242
  254
  266
  280
  293
Funds from operations, $m
  210
  217
  225
  232
  241
  250
  259
  269
  280
  291
  283
  296
  309
  323
  338
  353
  369
  387
  405
  424
  444
  465
  487
  510
  534
  560
  587
  615
  645
  676
Change in working capital, $m
  -3
  -3
  -3
  -3
  -4
  -4
  -4
  -4
  -5
  -5
  -5
  -5
  -6
  -6
  -6
  -7
  -7
  -7
  -8
  -8
  -9
  -9
  -10
  -10
  -11
  -11
  -12
  -12
  -13
  -14
Cash from operations, $m
  213
  220
  228
  236
  244
  254
  263
  274
  284
  296
  289
  301
  315
  329
  344
  360
  376
  394
  412
  432
  452
  474
  496
  520
  545
  571
  599
  628
  658
  690
Maintenance CAPEX, $m
  -76
  -79
  -82
  -86
  -89
  -93
  -97
  -101
  -105
  -110
  -115
  -120
  -126
  -131
  -138
  -144
  -151
  -158
  -166
  -173
  -182
  -191
  -200
  -210
  -220
  -231
  -242
  -254
  -266
  -280
New CAPEX, $m
  -28
  -30
  -32
  -35
  -37
  -39
  -42
  -44
  -47
  -49
  -52
  -55
  -58
  -61
  -65
  -68
  -72
  -76
  -80
  -84
  -88
  -93
  -97
  -102
  -108
  -113
  -119
  -125
  -131
  -138
Cash from investing activities, $m
  -104
  -109
  -114
  -121
  -126
  -132
  -139
  -145
  -152
  -159
  -167
  -175
  -184
  -192
  -203
  -212
  -223
  -234
  -246
  -257
  -270
  -284
  -297
  -312
  -328
  -344
  -361
  -379
  -397
  -418
Free cash flow, $m
  109
  111
  113
  116
  119
  122
  125
  129
  132
  137
  122
  126
  131
  136
  142
  148
  154
  160
  167
  175
  182
  190
  199
  208
  217
  227
  238
  249
  260
  272
Issuance/(repayment) of debt, $m
  18
  20
  21
  22
  24
  25
  27
  29
  30
  32
  34
  36
  38
  40
  42
  44
  46
  49
  51
  54
  57
  60
  63
  66
  70
  73
  77
  81
  85
  89
Issuance/(repurchase) of shares, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  18
  20
  21
  22
  24
  25
  27
  29
  30
  32
  34
  36
  38
  40
  42
  44
  46
  49
  51
  54
  57
  60
  63
  66
  70
  73
  77
  81
  85
  89
Total cash flow (excl. dividends), $m
  127
  130
  134
  138
  142
  147
  152
  157
  163
  169
  155
  162
  169
  176
  184
  192
  200
  209
  219
  229
  239
  250
  262
  274
  287
  300
  315
  329
  345
  362
Retained Cash Flow (-), $m
  -23
  -24
  -26
  -28
  -30
  -32
  -34
  -36
  -38
  -40
  -42
  -44
  -47
  -49
  -52
  -55
  -58
  -61
  -64
  -67
  -71
  -75
  -79
  -83
  -87
  -91
  -96
  -101
  -106
  -111
Prev. year cash balance distribution, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
  10
  10
  11
  11
  11
  12
  12
  13
  14
  14
  15
  15
  16
  17
  18
  19
  19
  20
  21
  22
  23
  25
  26
  27
  28
  30
  31
  33
  34
  36
Cash available for distribution, $m
  104
  106
  108
  110
  113
  115
  118
  122
  125
  129
  113
  117
  122
  127
  132
  137
  142
  148
  155
  161
  168
  176
  183
  192
  200
  209
  219
  229
  239
  250
Discount rate, %
  4.30
  4.52
  4.74
  4.98
  5.23
  5.49
  5.76
  6.05
  6.35
  6.67
  7.00
  7.35
  7.72
  8.11
  8.51
  8.94
  9.39
  9.86
  10.35
  10.87
  11.41
  11.98
  12.58
  13.21
  13.87
  14.56
  15.29
  16.05
  16.86
  17.70
PV of cash for distribution, $m
  100
  97
  94
  91
  87
  84
  80
  76
  72
  67
  54
  50
  46
  42
  39
  35
  31
  27
  24
  20
  17
  15
  12
  10
  8
  6
  5
  4
  3
  2
Current shareholders' claim on cash, %
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0

ICF International, Inc. provides professional services and technology-based solutions to government and commercial clients, including management, technology, and policy consulting and implementation services. The Company's services address four markets: energy, environment and infrastructure; health, education and social programs; safety and security, and consumer and financial. Its services include research and analytic services, assessment and advisory services, design and management services, solution identification and implementation services, and engagement services. The Company researches policy, industry and stakeholder issues, trends and behavior. The Company collects and analyzes various data to understand issues and options for its clients. The Company measures and evaluates results and their impact and, based on those assessments, the Company provides advice to its clients on how to navigate societal, market, business, communication and technology challenges.

FINANCIAL RATIOS  of  ICF International (ICFI)

Valuation Ratios
P/E Ratio 29.6
Price to Sales 1.2
Price to Book 2.5
Price to Tangible Book
Price to Cash Flow 17.4
Price to Free Cash Flow 21.1
Growth Rates
Sales Growth Rate 4.7%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate 7.7%
Cap. Spend. - 3 Yr. Gr. Rate 0%
Financial Strength
Quick Ratio NaN
Current Ratio 0
LT Debt to Equity 45.8%
Total Debt to Equity 45.8%
Interest Coverage 9
Management Effectiveness
Return On Assets 4.9%
Ret/ On Assets - 3 Yr. Avg. 4.5%
Return On Total Capital 5.7%
Ret/ On T. Cap. - 3 Yr. Avg. 5.4%
Return On Equity 8.6%
Return On Equity - 3 Yr. Avg. 8.2%
Asset Turnover 1.1
Profitability Ratios
Gross Margin 37.1%
Gross Margin - 3 Yr. Avg. 37.8%
EBITDA Margin 9.5%
EBITDA Margin - 3 Yr. Avg. 9.2%
Operating Margin 7%
Oper. Margin - 3 Yr. Avg. 6.7%
Pre-Tax Margin 6.3%
Pre-Tax Margin - 3 Yr. Avg. 6%
Net Profit Margin 4%
Net Profit Margin - 3 Yr. Avg. 3.7%
Effective Tax Rate 37.3%
Eff/ Tax Rate - 3 Yr. Avg. 38%
Payout Ratio 0%

ICFI stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the ICFI stock intrinsic value calculation we used $1229 million for the last fiscal year's total revenue generated by ICF International. The default revenue input number comes from 2017 income statement of ICF International. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our ICFI stock valuation model: a) initial revenue growth rate of 3.7% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 4.3%, whose default value for ICFI is calculated based on our internal credit rating of ICF International, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of ICF International.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of ICFI stock the variable cost ratio is equal to 93%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $0 million in the base year in the intrinsic value calculation for ICFI stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 5.4% for ICF International.

Corporate tax rate of 27% is the nominal tax rate for ICF International. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the ICFI stock is equal to 0.8%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for ICFI are equal to 62.2%.

Life of production assets of 10 years is the average useful life of capital assets used in ICF International operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for ICFI is equal to -6.1%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $616 million for ICF International - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 19 million for ICF International is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of ICF International at the current share price and the inputted number of shares is $1.4 billion.

RELATED COMPANIES Price Int.Val. Rating
BAH Booz Allen Ham 46.27 37.55  hold
TTEK Tetra Tech 59.15 74.05  str.buy
CRAI CRA Internatio 53.95 31.01  sell
NCI Navigant Consu 21.39 27.13  buy
HCKT Hackett Group 16.56 13.37  hold
MANT ManTech Intern 59.59 29.89  sell
OMC Omnicom Group 78.10 165.26  str.buy

COMPANY NEWS

▶ ICF Olson Names Bryan Specht to Lead Brand Business   [Jun-28-18 04:05PM  PR Newswire]
▶ ICF: 1Q Earnings Snapshot   [May-02-18 06:45PM  Associated Press]
▶ ICF Reports First Quarter 2018 Results   [04:05PM  PR Newswire]
▶ Top Stock Picks for the Week of April 30th   [Apr-30-18 01:42PM  Zacks]
▶ ICF Olson Names Chip Knicker Head of Digital Business   [Apr-24-18 04:05PM  PR Newswire]
▶ New Strong Buy Stocks for April 20th   [Apr-20-18 10:31AM  Zacks]
▶ Top Ranked Growth Stocks to Buy for April 16th   [Apr-16-18 08:57AM  Zacks]
▶ Top Ranked Growth Stocks to Buy for April 10th   [Apr-10-18 08:01AM  Zacks]
▶ Top Ranked Growth Stocks to Buy for April 6th   [Apr-06-18 11:16AM  Zacks]
▶ GSA Selects ICF for IT Modernization Contracts   [Apr-05-18 04:05PM  PR Newswire]
▶ Top Ranked Growth Stocks to Buy for April 2nd   [Apr-02-18 06:20AM  Zacks]
▶ Top Ranked Growth Stocks to Buy for March 16th   [Mar-16-18 08:06AM  Zacks]
▶ White House push to modernize fed tech picks up speed with GSA contract awards   [Mar-15-18 02:33PM  American City Business Journals]
▶ Top NYSE Cheap Stocks To Buy   [Mar-14-18 10:02AM  Simply Wall St.]
▶ ICF Advances Groundbreaking Airport Redevelopment Deal   [Mar-06-18 04:05PM  PR Newswire]
▶ Top Ranked Growth Stocks to Buy for March 5th   [Mar-05-18 09:06AM  Zacks]
▶ New Strong Buy Stocks for March 2nd   [Mar-02-18 09:46AM  Zacks]
▶ ICF Olson Wins Best in Show at Innovation SABRE Awards   [Feb-28-18 04:05PM  PR Newswire]
▶ ICF meets 4Q profit forecasts   [05:04AM  Associated Press]
▶ ICF Reports Fourth Quarter and Full Year 2017 Results   [Feb-27-18 04:05PM  PR Newswire]
▶ ICF Completes Acquisition of The Future Customer   [Jan-02-18 04:30PM  PR Newswire]
▶ ICF to Acquire The Future Customer   [Dec-14-17 09:00AM  PR Newswire]
▶ CDC Awards ICF $9 Million Cancer Surveillance Task Order   [Dec-04-17 04:05PM  PR Newswire]
▶ ICF beats 3Q profit forecasts   [Nov-02-17 06:05PM  Associated Press]
▶ ICF Reports Third Quarter 2017 Results   [04:05PM  Business Wire]
▶ Best Cheap Stocks To Buy   [09:02AM  Simply Wall St.]
▶ HHS Awards ICF $25 Million Public Health Preparedness IDIQ   [Oct-05-17 04:05PM  Business Wire]
▶ ICF Helps CDC Launch Workplace Health Resource Center   [Sep-27-17 04:05PM  Business Wire]
▶ FEMA Awards ICF $21 Million Emergency Preparedness Contract   [Aug-16-17 04:05PM  Business Wire]
▶ ICF meets 2Q profit forecasts   [Aug-02-17 10:53PM  Associated Press]
▶ ICF Reports Second Quarter 2017 Results   [04:05PM  Business Wire]
▶ ICF Selected to Support Global Climate Activities   [Jun-27-17 04:05PM  Business Wire]
Follow us on:   twitter   twitter   twitter   twitter

ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2018. All rigths reserved.