Navigant Consulting, Inc. (NCI) Expected to Announce Earnings of $0.40 Per Share

Equities research analysts expect Navigant Consulting, Inc. (NYSE:NCI) to post $0.40 earnings per share for the current quarter, according to Zacks. Three analysts have made 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 in the same quarter last year, which indicates a positive year-over-year growth rate of 33.3%. The business is scheduled to report its next earnings report on Thursday, February 15th.

On average, 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 expect that the company will post earnings of $1.30 per share, with EPS estimates ranging from $1.29 to $1.31. Zacks’ earnings per share averages are an average based on a survey of sell-side research firms that cover Navigant Consulting.

A number of equities analysts have weighed in on NCI shares. Zacks Investment Research cut Navigant Consulting from a “hold” rating to a “sell” rating in a report on Tuesday, January 23rd. TheStreet upgraded Navigant Consulting from a “c+” rating to a “b-” rating in a report on Monday, November 27th. Two analysts have rated the stock with a sell rating, one has given a hold rating and one has issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $24.00.

Navigant Consulting (NYSE:NCI) traded down $0.53 during midday trading on Thursday, reaching $19.00. The company’s stock had a trading volume of 208,325 shares, compared to its average volume of 211,105. The stock has a market cap of $896.82, a PE ratio of 20.21, a PEG ratio of 1.12 and a beta of 0.91. Navigant Consulting has a 52-week low of $14.62 and a 52-week high of $24.74. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.26 and a current ratio of 2.26.

In other Navigant Consulting news, Director Randy H. Zwirn sold 5,000 shares of the company’s stock in a transaction that occurred on 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 owns 21,226 shares in the company, valued at approximately $370,605.96. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 2.32% of the stock is owned by corporate insiders.

Several institutional investors have recently added to or reduced their stakes in NCI. Wells Fargo & Company MN boosted its stake in shares of Navigant Consulting by 6.2% during the 2nd quarter. Wells Fargo & Company MN now owns 135,029 shares of the business services provider’s stock valued at $2,667,000 after buying an additional 7,941 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Navigant Consulting by 47.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 443,779 shares of the business services provider’s stock valued at $8,769,000 after buying an additional 143,756 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of Navigant Consulting by 0.4% during the 2nd quarter. PNC Financial Services Group Inc. now owns 32,857 shares of the business services provider’s stock valued at $650,000 after buying an additional 130 shares during the last quarter. New York State Common Retirement Fund boosted its stake in shares of Navigant Consulting by 7.2% during the 2nd quarter. New York State Common Retirement Fund now owns 50,900 shares of the business services provider’s stock valued at $1,006,000 after buying an additional 3,399 shares during the last quarter. Finally, Northern Trust Corp boosted its stake in shares of Navigant Consulting by 8.0% during the 2nd quarter. Northern Trust Corp now owns 1,011,119 shares of the business services provider’s stock valued at $19,979,000 after buying an additional 74,943 shares during the last quarter. Institutional investors own 88.22% of the company’s stock.

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About Navigant Consulting

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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