On November 30, 2024, WASATCH ADVISORS LP (Trades, Portfolio) made a significant move by acquiring an additional 356,894 shares of ICF International Inc (ICFI, Financial). This transaction increased the firm's total holdings in ICFI to 1,909,448 shares, representing a 0.24% impact on its portfolio. The shares were acquired at a price of $138.57 each, and this addition now constitutes 1.29% of the firm's portfolio. This strategic move reflects the firm's confidence in ICF International's potential for growth and value creation.
WASATCH ADVISORS LP (Trades, Portfolio): A Profile
WASATCH ADVISORS LP (Trades, Portfolio), headquartered at 505 Wakara Way, Salt Lake City, UT, is renowned for its value investing philosophy. The firm manages a substantial equity portfolio valued at $20.4 billion. Its top holdings include Ensign Group Inc (ENSG, Financial), HealthEquity Inc (HQY, Financial), Globant SA (GLOB, Financial), Shift4 Payments Inc (FOUR, Financial), and Clearwater Analytics Holdings Inc (CWAN, Financial). The firm predominantly invests in the Technology and Industrials sectors, showcasing a strategic focus on industries with robust growth potential.
ICF International Inc: Company Overview
ICF International Inc is a provider of professional services and technology-based solutions, primarily serving U.S. federal government clients. With a market capitalization of $2.5 billion, the company offers services in energy, environment, infrastructure, disaster recovery, health, social programs, and security. ICFI's stock is currently priced at $133.165, and it has been publicly traded since its IPO on September 28, 2006. The company operates in a single segment, focusing on delivering comprehensive professional services.
Financial Metrics and Valuation
ICF International Inc is currently trading with a price-to-earnings ratio of 23.40, and it is considered fairly valued with a GF Value of $131.96. The price to GF Value ratio stands at 1.01, indicating a close alignment with its intrinsic value. Despite a year-to-date price change of -1.12%, the company boasts a strong GF Score of 94/100, suggesting a high potential for outperformance. These metrics highlight ICFI's solid financial foundation and growth prospects.
Performance and Growth Indicators
ICF International Inc demonstrates robust performance with a balance sheet rank of 6/10, a profitability rank of 9/10, and a growth rank of 10/10. Over the past three years, the company has achieved revenue growth of 9.50%, EBITDA growth of 17.60%, and earnings growth of 15.90%. These indicators reflect ICFI's strong operational performance and its ability to sustain growth in a competitive market.
Market and Competitive Position
Operating within the Business Services industry, ICF International Inc maintains a competitive edge with an interest coverage of 5.09, a return on equity (ROE) of 11.60%, and a return on assets (ROA) of 5.33%. The company's gross margin growth is 0.20%, while its operating margin growth is -0.80%. These metrics underscore ICFI's ability to manage its financial resources effectively and maintain profitability.
Other Notable Investors
Third Avenue Management (Trades, Portfolio) is the largest holder of ICF International Inc shares, while other notable investors include Joel Greenblatt (Trades, Portfolio). These investors' involvement further validates the company's potential and attractiveness to value investors seeking long-term growth opportunities.
Conclusion
The strategic addition of ICF International Inc shares by WASATCH ADVISORS LP (Trades, Portfolio) highlights the firm's confidence in the company's growth trajectory and value proposition. For value investors, ICFI presents a compelling opportunity given its current valuation, strong financial metrics, and growth potential. As the company continues to expand its services and strengthen its market position, it remains an attractive investment for those seeking to capitalize on its future performance.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
