Navigant Consulting, Inc. (NYSE:NCI) CFO Stephen R. Lieberman sold 3,000 shares of the stock in a transaction on Thursday, September 6th. The shares were sold at an average price of $24.24, for a total transaction of $72,720.00. Following the transaction, the chief financial officer now directly owns 53,513 shares in the company, valued at approximately $1,297,155.12. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
NCI traded down $0.08 during trading on Monday, hitting $24.35. 528,600 shares of the stock traded hands, compared to its average volume of 292,990. The stock has a market capitalization of $1.10 billion, a P/E ratio of 22.61, a PEG ratio of 4.21 and a beta of 0.88. The company has a quick ratio of 3.59, a current ratio of 3.59 and a debt-to-equity ratio of 0.21. Navigant Consulting, Inc. has a 12-month low of $15.23 and a 12-month high of $25.85.
Navigant Consulting (NYSE:NCI) last announced its quarterly earnings results on Thursday, August 2nd. The business services provider reported $0.49 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.32 by $0.17. The business had revenue of $252.40 million during the quarter, compared to analysts’ expectations of $241.73 million. Navigant Consulting had a net margin of 9.05% and a return on equity of 9.45%. The firm’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.24 EPS. sell-side analysts expect that Navigant Consulting, Inc. will post 0.43 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Friday, September 14th. Shareholders of record on Friday, September 7th will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Thursday, September 6th. This represents a $0.20 annualized dividend and a yield of 0.82%. Navigant Consulting’s payout ratio is currently 18.35%.
Several research firms recently commented on NCI. William Blair lowered shares of Navigant Consulting from an “outperform” rating to a “market perform” rating in a report on Thursday, August 2nd. Zacks Investment Research raised shares of Navigant Consulting from a “sell” rating to a “hold” rating in a report on Friday, August 10th. ValuEngine raised shares of Navigant Consulting from a “hold” rating to a “buy” rating in a report on Friday, August 3rd. Finally, Barrington Research reaffirmed a “buy” rating on shares of Navigant Consulting in a report on Tuesday, June 26th. Two analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $27.50.
Institutional investors and hedge funds have recently made changes to their positions in the business. Koch Industries Inc. purchased a new stake in Navigant Consulting during the 1st quarter valued at $199,000. Dynamic Technology Lab Private Ltd purchased a new stake in Navigant Consulting during the 1st quarter valued at $1,616,000. Engine Capital Management LLC boosted its position in Navigant Consulting by 17.4% during the 1st quarter. Engine Capital Management LLC now owns 2,036,348 shares of the business services provider’s stock valued at $39,179,000 after buying an additional 301,406 shares during the period. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Navigant Consulting during the 2nd quarter valued at $339,000. Finally, A.R.T. Advisors LLC purchased a new stake in Navigant Consulting during the 1st quarter valued at $1,170,000. 92.94% of the stock is owned by institutional investors and hedge funds.
Navigant Consulting Company Profile
Navigant Consulting, Inc provides professional services to corporate executives and senior management, corporate counsel, law firms, corporate boards, special committees, and governmental agencies worldwide. It operates through four segments: Healthcare; Energy; Financial Services Advisory and Compliance; and Disputes, Forensics and Legal Technology.
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