According to Zacks, “Navigant expects its future growth to primarily come from expanded capabilities in the healthcare and energy sectors. The company is presently developing data analytic tools across multiple groups to meet the growing demand for technology-enabled solutions. Navigant has a solid earnings history, with an average trailing four quarter earnings surprise of 28.66%. The earnings estimates of the company have remained stable over the last month as it focuses on cost-streamlining and restructuring activities to better align its capacity with market demand. However, Navigant relies heavily on a group of senior-level consultants and business development professionals. Competition for skilled consultants is intense and retention-related issues are a continuous challenge for the company. In addition, stiff competition, low barriers to entry, currency fluctuations and regulatory stringencies are likely to peg back its profitability to some extent.”
Navigant Consulting (NYSE:NCI) opened at 20.22 on Tuesday. The company’s 50 day moving average is $19.69 and its 200-day moving average is $17.22. Navigant Consulting has a 52-week low of $14.07 and a 52-week high of $20.58. The firm has a market cap of $958.43 million, a P/E ratio of 18.05 and a beta of 1.35.
Navigant Consulting (NYSE:NCI) last announced its earnings results on Tuesday, July 26th. The company reported $0.33 earnings per share for the quarter, beating analysts’ consensus estimates of $0.26 by $0.07. The business had revenue of $238.49 million for the quarter, compared to the consensus estimate of $231.24 million. Navigant Consulting had a net margin of 5.97% and a return on equity of 9.64%. Navigant Consulting’s quarterly revenue was up 13.0% on a year-over-year basis. During the same period last year, the firm posted $0.26 earnings per share. On average, equities analysts predict that Navigant Consulting will post $1.15 EPS for the current fiscal year.
A number of large investors have recently made changes to their positions in NCI. Norges Bank acquired a new position in Navigant Consulting during the fourth quarter valued at approximately $14,920,000. Glenmede Trust Co. NA increased its position in Navigant Consulting by 4.2% in the first quarter. Glenmede Trust Co. NA now owns 150,257 shares of the company’s stock valued at $2,374,000 after buying an additional 6,118 shares during the period. Aperio Group LLC increased its position in Navigant Consulting by 42.7% in the first quarter. Aperio Group LLC now owns 18,548 shares of the company’s stock valued at $293,000 after buying an additional 5,546 shares during the period. Los Angeles Capital Management & Equity Research Inc. increased its position in Navigant Consulting by 1.5% in the first quarter. Los Angeles Capital Management & Equity Research Inc. now owns 75,274 shares of the company’s stock valued at $1,190,000 after buying an additional 1,125 shares during the period. Finally, TIAA CREF Investment Management LLC increased its position in Navigant Consulting by 5.2% in the first quarter. TIAA CREF Investment Management LLC now owns 272,968 shares of the company’s stock valued at $4,316,000 after buying an additional 13,433 shares during the period. 91.63% of the stock is currently owned by institutional investors and hedge funds.
Navigant Consulting Company Profile
Navigant Consulting, Inc (Navigant) is a global professional services firm. The Company serves clients in the healthcare, energy and financial services industries. The Company operates in four segments: Disputes, Investigations & Economics; Financial, Risk & Compliance; Healthcare, and Energy. The Disputes, Investigations & Economics segment’s professional services include valuation and economic analysis, as well as accounting, regulatory, construction and computer forensic expertise.
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