Analysts Expect Navigant Consulting, Inc. (NCI) to Post $0.40 EPS

Wall Street brokerages expect Navigant Consulting, Inc. (NYSE:NCI) to post earnings per share of $0.40 for the current quarter, according to Zacks Investment Research. Three analysts have issued estimates for Navigant Consulting’s earnings, with estimates ranging from $0.37 to $0.44. Navigant Consulting reported earnings of $0.30 per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 33.3%. The company is scheduled to announce its next quarterly earnings report on Thursday, February 15th.

According to Zacks, analysts expect that Navigant Consulting will report full-year earnings of $1.20 per share for the current fiscal year, with EPS estimates ranging from $1.17 to $1.23. For the next year, analysts forecast that the business will report earnings of $1.30 per share, with EPS estimates ranging from $1.29 to $1.31. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Navigant Consulting.

Navigant Consulting (NYSE:NCI) last posted its earnings results on Thursday, October 26th. The business services provider reported $0.30 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.31 by ($0.01). Navigant Consulting had a return on equity of 8.25% and a net margin of 4.35%. The business had revenue of $262.30 million for the quarter, compared to the consensus estimate of $241.77 million. During the same period in the previous year, the firm earned $0.37 earnings per share. The company’s revenue was up 10.4% compared to the same quarter last year.

A number of research firms have weighed in on NCI. Zacks Investment Research raised shares of Navigant Consulting from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 10th. TheStreet raised shares of Navigant Consulting from a “c+” rating to a “b-” rating in a report on Monday, November 27th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $24.00.

In other news, Director Randy H. Zwirn sold 5,000 shares of the company’s stock in a transaction on Friday, November 10th. The shares were sold at an average price of $17.46, for a total value of $87,300.00. Following the sale, the director now directly owns 21,226 shares of the company’s stock, valued at approximately $370,605.96. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Corporate insiders own 2.32% of the company’s stock.

Large investors have recently bought and sold shares of the company. Flinton Capital Management LLC boosted its stake in shares of Navigant Consulting by 59.5% in the 2nd quarter. Flinton Capital Management LLC now owns 6,290 shares of the business services provider’s stock valued at $124,000 after purchasing an additional 2,346 shares during the last quarter. Victory Capital Management Inc. boosted its stake in shares of Navigant Consulting by 17.6% in the 2nd quarter. Victory Capital Management Inc. now owns 6,908 shares of the business services provider’s stock valued at $137,000 after purchasing an additional 1,036 shares during the last quarter. Piedmont Investment Advisors LLC bought a new stake in shares of Navigant Consulting in the 2nd quarter valued at $204,000. Russell Investments Group Ltd. boosted its stake in shares of Navigant Consulting by 32.1% in the 2nd quarter. Russell Investments Group Ltd. now owns 10,771 shares of the business services provider’s stock valued at $213,000 after purchasing an additional 2,616 shares during the last quarter. Finally, SG Americas Securities LLC boosted its stake in shares of Navigant Consulting by 110.2% in the 3rd quarter. SG Americas Securities LLC now owns 11,269 shares of the business services provider’s stock valued at $191,000 after purchasing an additional 5,908 shares during the last quarter. 88.50% of the stock is currently owned by institutional investors.

Navigant Consulting (NYSE:NCI) traded up $0.02 on Monday, reaching $19.98. 223,082 shares of the company’s stock were exchanged, compared to its average volume of 211,471. Navigant Consulting has a 52-week low of $14.62 and a 52-week high of $25.55. The company has a quick ratio of 2.26, a current ratio of 2.26 and a debt-to-equity ratio of 0.27. The company has a market cap of $916.56, a price-to-earnings ratio of 21.26, a price-to-earnings-growth ratio of 1.14 and a beta of 0.90.

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Navigant Consulting Company Profile

Navigant Consulting, Inc is a global professional services company. The Company serves clients in the healthcare, energy and financial services industries. It operates through four segments. The Healthcare segment provides consulting services and business process management services. The Energy segment provides advisory solutions in business strategy and planning, distributed energy resources and renewables, energy efficiency and demand response and grid modernization The Financial Services Advisory and Compliance segment provides strategic, operational, valuation, risk management, investigative and compliance advisory services to clients primarily in the financial services industry.

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