Wall Street brokerages expect Navigant Consulting, Inc. (NYSE:NCI) to report earnings of $0.40 per share for the current fiscal quarter, Zacks reports. Three analysts have issued estimates for Navigant Consulting’s earnings, with the lowest EPS estimate coming in at $0.37 and the highest estimate coming in at $0.44. Navigant Consulting posted earnings of $0.30 per share in the same quarter last year, which would suggest a positive year-over-year growth rate of 33.3%. The firm is scheduled to announce its next quarterly earnings results on Thursday, February 15th.
On average, analysts expect that Navigant Consulting will report full-year earnings of $1.20 per share for the current financial year, with EPS estimates ranging from $1.17 to $1.23. For the next financial year, analysts forecast that the company will report 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 announced its quarterly earnings results on Thursday, October 26th. The business services provider reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.01). Navigant Consulting had a return on equity of 8.25% and a net margin of 4.35%. The business had revenue of $262.30 million during the quarter, compared to analysts’ expectations of $241.77 million. During the same period in the previous year, the business earned $0.37 EPS. The business’s revenue was up 10.4% compared to the same quarter last year.
In other Navigant Consulting news, Director Randy H. Zwirn sold 5,000 shares of the firm’s stock in a transaction on Friday, November 10th. The stock was sold at an average price of $17.46, for a total transaction of $87,300.00. Following the completion of the transaction, the director now owns 21,226 shares of the company’s stock, valued at $370,605.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 2.32% of the company’s stock.
A number of institutional investors have recently made changes to their positions in NCI. Bank of America Corp DE lifted its position in Navigant Consulting by 43.8% during the first quarter. Bank of America Corp DE now owns 106,538 shares of the business services provider’s stock valued at $2,436,000 after buying an additional 32,459 shares during the period. State Street Corp increased its holdings in shares of Navigant Consulting by 8.5% during the first quarter. State Street Corp now owns 1,165,014 shares of the business services provider’s stock valued at $26,626,000 after acquiring an additional 91,546 shares in the last quarter. State of Alaska Department of Revenue increased its holdings in shares of Navigant Consulting by 79.4% during the second quarter. State of Alaska Department of Revenue now owns 9,328 shares of the business services provider’s stock valued at $184,000 after acquiring an additional 4,128 shares in the last quarter. Louisiana State Employees Retirement System increased its holdings in shares of Navigant Consulting by 0.5% during the second quarter. Louisiana State Employees Retirement System now owns 19,200 shares of the business services provider’s stock valued at $379,000 after acquiring an additional 100 shares in the last quarter. Finally, Aperio Group LLC increased its holdings 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 valued at $412,000 after acquiring an additional 350 shares in the last quarter. 91.18% of the stock is owned by institutional investors and hedge funds.
Shares of Navigant Consulting (NYSE NCI) traded down $0.05 during mid-day trading on Friday, reaching $19.14. The company had a trading volume of 329,821 shares, compared to its average volume of 263,684. Navigant Consulting has a 12 month low of $14.62 and a 12 month high of $27.86. The stock has a market capitalization of $881.20, a price-to-earnings ratio of 17.29, a price-to-earnings-growth ratio of 1.19 and a beta of 0.89. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.26 and a quick ratio of 2.26.
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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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