NCI Rating Increased to Outperform at Zacks (NCIT)
NCI (NASDAQ:NCIT) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a research note issued on Friday. The firm currently has a $10.20 target price on the stock. Zacks‘s price target indicates a potential upside of 18.32% from the stock’s previous close.
Separately, analysts at SunTrust reiterated a “neutral” rating on shares of NCI in a research note on Thursday, July 31st. They now have a $10.00 price target on the stock, down previously from $11.00. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $10.05.
Shares of NCI (NASDAQ:NCIT) traded up 2.36% during mid-day trading on Friday, hitting $8.67. 10,423 shares of the company’s stock traded hands. NCI has a 52-week low of $4.83 and a 52-week high of $13.12. The stock’s 50-day moving average is $8.90 and its 200-day moving average is $9.57. The company has a market cap of $112.3 million and a P/E ratio of 14.89.
NCI (NASDAQ:NCIT) last released its earnings data on Wednesday, July 30th. The company reported $0.18 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.14 by $0.04. The company had revenue of $77.80 million for the quarter, compared to the consensus estimate of $78.04 million. During the same quarter last year, the company posted $0.14 earnings per share. NCI’s revenue was down 6.3% compared to the same quarter last year. Analysts expect that NCI will post $0.61 EPS for the current fiscal year.
NCI, Inc (NASDAQ:NCIT) a provider of enterprise services and solutions to Defense, Intelligence, Healthcare, and Civilian Government agencies.
To view Zacks’ full report, visit Zacks’ official website.
Receive News & Ratings for NCI Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NCI Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.