Equities research analysts predict that Navigant Consulting, Inc. (NYSE:NCI) will announce earnings per share (EPS) of $0.22 for the current fiscal quarter, Zacks reports. Three analysts have issued estimates for Navigant Consulting’s earnings, with estimates ranging from $0.20 to $0.23. Navigant Consulting posted earnings of $0.49 per share during the same quarter last year, which indicates a negative year-over-year growth rate of 55.1%. The firm is expected to report its next earnings report on Thursday, August 1st.
On average, analysts expect that Navigant Consulting will report full year earnings of $0.92 per share for the current year, with EPS estimates ranging from $0.90 to $0.94. For the next year, analysts anticipate that the company will report earnings of $1.07 per share, with EPS estimates ranging from $1.03 to $1.11. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research analysts that follow Navigant Consulting.
Navigant Consulting (NYSE:NCI) last issued its earnings results on Thursday, April 25th. The business services provider reported $0.18 earnings per share for the quarter, beating analysts’ consensus estimates of $0.08 by $0.10. The company had revenue of $186.13 million for the quarter, compared to the consensus estimate of $178.87 million. Navigant Consulting had a return on equity of 5.74% and a net margin of 13.16%.
A number of equities analysts have recently weighed in on NCI shares. TheStreet upgraded Sensient Technologies from a “c+” rating to a “b-” rating in a report on Tuesday, June 18th. Barrington Research reiterated a “buy” rating and issued a $6.50 target price on shares of CLEAR CHANNEL O/SH in a report on Thursday, April 18th. Two analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $27.00.
Several institutional investors and hedge funds have recently modified their holdings of NCI. Norges Bank acquired a new position in shares of Navigant Consulting in the 4th quarter valued at about $24,655,000. JPMorgan Chase & Co. increased its holdings in Navigant Consulting by 30.6% in the first quarter. JPMorgan Chase & Co. now owns 1,918,849 shares of the business services provider’s stock worth $37,359,000 after buying an additional 449,090 shares during the last quarter. FMR LLC increased its holdings in Navigant Consulting by 102.5% in the first quarter. FMR LLC now owns 697,079 shares of the business services provider’s stock worth $13,573,000 after buying an additional 352,860 shares during the last quarter. Macquarie Group Ltd. increased its holdings in Navigant Consulting by 17.7% in the fourth quarter. Macquarie Group Ltd. now owns 1,754,881 shares of the business services provider’s stock worth $42,205,000 after buying an additional 263,495 shares during the last quarter. Finally, Tributary Capital Management LLC increased its holdings in Navigant Consulting by 14.0% in the second quarter. Tributary Capital Management LLC now owns 975,001 shares of the business services provider’s stock worth $22,610,000 after buying an additional 119,743 shares during the last quarter. Institutional investors own 94.07% of the company’s stock.
Shares of NCI traded up $0.08 during trading hours on Wednesday, reaching $23.76. The company’s stock had a trading volume of 201,098 shares, compared to its average volume of 350,607. The company has a market cap of $930.15 million, a price-to-earnings ratio of 50.55, a price-to-earnings-growth ratio of 1.90 and a beta of 0.74. Navigant Consulting has a 1-year low of $18.85 and a 1-year high of $27.40. The company has a current ratio of 2.56, a quick ratio of 2.56 and a debt-to-equity ratio of 0.13. The firm has a 50 day moving average of $23.01.
Navigant Consulting Company Profile
Navigant Consulting, Inc provides professional services worldwide. It operates through three segments: Healthcare, Energy, and Financial Services Advisory and Compliance. The Healthcare segment offers consulting and business process management services to healthcare providers, payers, and life sciences companies.
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