NCI, Inc. (NASDAQ:NCIT) has been assigned a consensus recommendation of “Hold” from the six ratings firms that are covering the firm, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $18.33.
A number of research analysts recently weighed in on the stock. Noble Financial restated a “hold” rating on shares of NCI in a research report on Thursday, July 6th. Cowen and Company restated a “buy” rating and set a $24.00 price objective on shares of NCI in a research report on Monday, July 3rd. SunTrust Banks, Inc. downgraded shares of NCI from a “buy” rating to a “hold” rating and lowered their price objective for the company from $24.00 to $20.00 in a research report on Monday, July 3rd. ValuEngine upgraded shares of NCI from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Finally, Zacks Investment Research upgraded shares of NCI from a “sell” rating to a “hold” rating in a research report on Saturday, May 13th.
Shares of NCI (NASDAQ:NCIT) opened at 19.95 on Friday. The stock’s 50 day moving average is $20.18 and its 200 day moving average is $16.03. NCI has a 52 week low of $10.98 and a 52 week high of $21.40. The stock has a market cap of $270.34 million, a price-to-earnings ratio of 44.63 and a beta of 1.05.
NCI (NASDAQ:NCIT) last issued its quarterly earnings data on Tuesday, May 9th. The information technology services provider reported $0.25 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.21 by $0.04. The company had revenue of $78.75 million for the quarter, compared to the consensus estimate of $76.55 million. NCI had a net margin of 2.13% and a return on equity of 11.73%. On average, equities analysts forecast that NCI will post $1.00 EPS for the current year.
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A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Goldman Sachs Group Inc. acquired a new stake in shares of NCI during the first quarter worth approximately $432,000. Renaissance Technologies LLC boosted its stake in shares of NCI by 5.2% in the first quarter. Renaissance Technologies LLC now owns 404,799 shares of the information technology services provider’s stock worth $6,092,000 after buying an additional 20,074 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of NCI by 1.0% in the first quarter. Dimensional Fund Advisors LP now owns 303,739 shares of the information technology services provider’s stock worth $4,571,000 after buying an additional 3,044 shares in the last quarter. Globeflex Capital L P boosted its stake in shares of NCI by 40.3% in the first quarter. Globeflex Capital L P now owns 40,372 shares of the information technology services provider’s stock worth $608,000 after buying an additional 11,600 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of NCI by 6.7% in the first quarter. Geode Capital Management LLC now owns 90,650 shares of the information technology services provider’s stock worth $1,364,000 after buying an additional 5,688 shares in the last quarter. Institutional investors own 39.04% of the company’s stock.
NCI, Inc is a provider of enterprise services and solutions to defense, intelligence, healthcare and civilian government agencies. The Company provides information technology (IT), and professional services and solutions by leveraging its core service offerings, which include cloud computing and IT infrastructure optimization; cybersecurity and information assurance; engineering and logistics support; enterprise information management and advanced analytics; health IT and medical support; IT service management; modeling, simulation, and training, and agile development and integration.
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