Earnings Working Against ICF International, Inc.’s (NASDAQ:ICFI) Share Price
When close to half the companies in the United States have price-to-earnings ratios (or “P/E’s”) above 18x, you may consider ICF International, Inc. (NASDAQ:ICFI) as an attractive investment with its 14.6x P/E ratio. Nonetheless, we’d need to dig a little deeper to determine if there is a rational basis for the reduced P/E.
ICF International certainly has been doing a good job lately as it’s been growing earnings more than most other companies. It might be that many expect the strong earnings performance to degrade substantially, which has repressed the P/E. If not, then existing shareholders have reason to be quite…
