Analysts Expect Navigant Consulting, Inc. (NCI) to Post $0.32 Earnings Per Share

Brokerages forecast that Navigant Consulting, Inc. (NYSE:NCI) will report $0.32 earnings per share (EPS) for the current quarter, according to Zacks. Three analysts have made estimates for Navigant Consulting’s earnings, with the lowest EPS estimate coming in at $0.31 and the highest estimate coming in at $0.32. Navigant Consulting posted earnings per share of $0.24 during the same quarter last year, which would suggest a positive year-over-year growth rate of 33.3%. The company is scheduled to report its next quarterly earnings report on Monday, July 30th.

According to Zacks, analysts expect that Navigant Consulting will report full year earnings of $1.30 per share for the current fiscal year, with EPS estimates ranging from $1.28 to $1.31. For the next year, analysts expect that the business will report earnings of $1.41 per share, with EPS estimates ranging from $1.33 to $1.49. Zacks Investment Research’s earnings per share averages are an average based on a survey of research firms that follow Navigant Consulting.

Navigant Consulting (NYSE:NCI) last announced its quarterly earnings results on Wednesday, May 2nd. The business services provider reported $0.30 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.30. The company had revenue of $243.90 million during the quarter, compared to the consensus estimate of $233.79 million. Navigant Consulting had a net margin of 7.29% and a return on equity of 7.95%. The company’s revenue for the quarter was up 3.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.27 earnings per share.

Several brokerages have recently issued reports on NCI. Zacks Investment Research downgraded shares of Navigant Consulting from a “hold” rating to a “sell” rating in a report on Monday, May 7th. Barrington Research upgraded shares of Navigant Consulting from a “market perform” rating to an “outperform” rating and set a $26.00 price target for the company in a report on Monday, May 7th. Finally, ValuEngine upgraded shares of Navigant Consulting from a “hold” rating to a “buy” rating in a report on Saturday, May 12th. Two analysts have rated the stock with a sell rating and three have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $25.00.

Shares of Navigant Consulting traded up $0.01, hitting $24.33, during trading on Tuesday, Marketbeat reports. 168,548 shares of the company were exchanged, compared to its average volume of 221,666. The company has a market capitalization of $1.10 billion, a PE ratio of 22.32, a price-to-earnings-growth ratio of 1.39 and a beta of 0.92. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.60 and a current ratio of 2.60. Navigant Consulting has a 1-year low of $14.62 and a 1-year high of $24.52.

A number of hedge funds and other institutional investors have recently bought and sold shares of NCI. Schwab Charles Investment Management Inc. boosted its position in shares of Navigant Consulting by 5.5% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 354,918 shares of the business services provider’s stock worth $6,889,000 after purchasing an additional 18,503 shares in the last quarter. Foundry Partners LLC increased its stake in Navigant Consulting by 3.3% in the 4th quarter. Foundry Partners LLC now owns 223,129 shares of the business services provider’s stock valued at $4,331,000 after buying an additional 7,118 shares during the last quarter. Boston Partners increased its stake in Navigant Consulting by 8.6% in the 4th quarter. Boston Partners now owns 1,408,791 shares of the business services provider’s stock valued at $27,344,000 after buying an additional 111,074 shares during the last quarter. American Century Companies Inc. increased its stake in Navigant Consulting by 5.6% in the 4th quarter. American Century Companies Inc. now owns 50,595 shares of the business services provider’s stock valued at $982,000 after buying an additional 2,694 shares during the last quarter. Finally, First Mercantile Trust Co. increased its stake in Navigant Consulting by 154.5% in the 4th quarter. First Mercantile Trust Co. now owns 9,850 shares of the business services provider’s stock valued at $191,000 after buying an additional 5,980 shares during the last quarter. Institutional investors and hedge funds own 92.39% of the company’s stock.

About Navigant Consulting

Navigant Consulting, Inc provides professional services to corporate executives and senior management, corporate counsel, law firms, corporate boards, special committees, and governmental agencies worldwide. It operates through four segments: Healthcare; Energy; Financial Services Advisory and Compliance; and Disputes, Forensics and Legal Technology.

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Earnings History and Estimates for Navigant Consulting (NYSE:NCI)

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