Shares of Navigant Consulting, Inc. (NYSE:NCI) have received a consensus rating of “Hold” from the six analysts that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $24.00.
A number of brokerages have recently weighed in on NCI. Zacks Investment Research lowered shares of Navigant Consulting from a “hold” rating to a “sell” rating in a report on Friday, October 27th. Barrington Research lowered shares of Navigant Consulting from an “outperform” rating to a “market perform” rating in a report on Wednesday. Finally, TheStreet upgraded shares of Navigant Consulting from a “c+” rating to a “b-” rating in a report on Monday, November 27th.
Shares of Navigant Consulting (NCI) traded down $0.09 during trading on Wednesday, reaching $20.75. 377,210 shares of the company’s stock traded hands, compared to its average volume of 266,017. Navigant Consulting has a twelve month low of $14.62 and a twelve month high of $24.47. The company has a market capitalization of $952.84, a price-to-earnings ratio of 22.07, a PEG ratio of 1.19 and a beta of 0.91. The company has a current ratio of 1.86, a quick ratio of 2.26 and a debt-to-equity ratio of 0.19.
Navigant Consulting (NYSE:NCI) last announced its earnings results on Tuesday, February 20th. The business services provider reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.11). Navigant Consulting had a net margin of 7.26% and a return on equity of 7.96%. The company had revenue of $255.40 million for the quarter, compared to the consensus estimate of $244.79 million. During the same quarter in the previous year, the firm earned $0.30 earnings per share. The company’s revenue for the quarter was down 4.0% compared to the same quarter last year. analysts anticipate that Navigant Consulting will post 1.3 EPS for the current year.
Several institutional investors and hedge funds have recently made changes to their positions in NCI. New York State Common Retirement Fund lifted its holdings in shares of Navigant Consulting by 7.2% in the 2nd quarter. New York State Common Retirement Fund now owns 50,900 shares of the business services provider’s stock worth $1,006,000 after acquiring an additional 3,399 shares during the last quarter. Northern Trust Corp lifted its holdings in shares of Navigant Consulting by 8.0% in the 2nd quarter. Northern Trust Corp now owns 1,011,119 shares of the business services provider’s stock worth $19,979,000 after acquiring an additional 74,943 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Navigant Consulting by 3.3% in the 2nd quarter. Vanguard Group Inc. now owns 4,377,585 shares of the business services provider’s stock worth $86,500,000 after acquiring an additional 139,759 shares during the last quarter. California Public Employees Retirement System lifted its holdings in shares of Navigant Consulting by 2.1% in the 2nd quarter. California Public Employees Retirement System now owns 112,100 shares of the business services provider’s stock worth $2,215,000 after acquiring an additional 2,300 shares during the last quarter. Finally, Parametric Portfolio Associates LLC lifted its holdings in shares of Navigant Consulting by 11.1% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 144,327 shares of the business services provider’s stock worth $2,852,000 after acquiring an additional 14,369 shares during the last quarter. Hedge funds and other institutional investors own 88.79% of the company’s stock.
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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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