Equities research analysts expect Navigant Consulting, Inc. (NYSE:NCI) to report earnings of $0.40 per share for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for Navigant Consulting’s earnings, with the highest EPS estimate coming in at $0.44 and the lowest estimate coming in at $0.37. Navigant Consulting posted earnings of $0.30 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 33.3%. The firm is expected to issue its next quarterly earnings results 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 company will post earnings of $1.30 per share, with EPS estimates ranging from $1.29 to $1.31. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side analysts that that provide coverage for Navigant Consulting.
Navigant Consulting (NYSE:NCI) last issued its quarterly earnings data on Thursday, October 26th. The business services provider reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.01). The company had revenue of $262.30 million during the quarter, compared to analysts’ expectations of $241.77 million. Navigant Consulting had a net margin of 4.35% and a return on equity of 8.25%. The firm’s quarterly revenue was up 10.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.37 earnings per share.
In other Navigant Consulting news, Director Randy H. Zwirn sold 5,000 shares of Navigant Consulting stock in a transaction dated Friday, November 10th. The stock was sold at an average price of $17.46, for a total value of $87,300.00. Following the completion of the transaction, 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 filing with the SEC, which is accessible through this hyperlink. Insiders own 2.32% of the company’s stock.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in NCI. PNC Financial Services Group Inc. grew its position in shares of Navigant Consulting by 0.4% during the second quarter. PNC Financial Services Group Inc. now owns 32,857 shares of the business services provider’s stock worth $650,000 after buying an additional 130 shares in the last quarter. Arizona State Retirement System grew its position in shares of Navigant Consulting by 0.8% during the second quarter. Arizona State Retirement System now owns 24,622 shares of the business services provider’s stock worth $487,000 after buying an additional 200 shares in the last quarter. Municipal Employees Retirement System of Michigan grew its position in shares of Navigant Consulting by 2.2% during the second quarter. Municipal Employees Retirement System of Michigan now owns 14,700 shares of the business services provider’s stock worth $291,000 after buying an additional 310 shares in the last quarter. Aperio Group LLC grew its position in shares of Navigant Consulting by 1.7% during the second quarter. Aperio Group LLC now owns 20,829 shares of the business services provider’s stock worth $412,000 after buying an additional 350 shares in the last quarter. Finally, Rhumbline Advisers grew its position in shares of Navigant Consulting by 0.4% during the second quarter. Rhumbline Advisers now owns 103,657 shares of the business services provider’s stock worth $2,048,000 after buying an additional 373 shares in the last quarter. 90.93% of the stock is owned by institutional investors.
Navigant Consulting (NYSE NCI) traded up $0.01 during midday trading on Wednesday, reaching $19.38. The company’s stock had a trading volume of 235,828 shares, compared to its average volume of 390,588. The firm has a market cap of $889.47, a P/E ratio of 20.62, a P/E/G ratio of 1.20 and a beta of 0.89. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.26 and a current ratio of 2.26. Navigant Consulting has a 52 week low of $14.62 and a 52 week high of $26.45.
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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