Analysts expect that Navigant Consulting, Inc. (NYSE:NCI) will report sales of $236.01 million for the current quarter, according to Zacks Investment Research. Three analysts have provided estimates for Navigant Consulting’s earnings. The highest sales estimate is $239.00 million and the lowest is $233.70 million. Navigant Consulting posted sales of $235.24 million during the same quarter last year, which indicates a positive year over year growth rate of 0.3%. The company is scheduled to announce its next earnings results on Monday, July 30th.
On average, analysts expect that Navigant Consulting will report full year sales of $958.15 million for the current year, with estimates ranging from $952.17 million to $966.20 million. For the next year, analysts expect that the firm will post sales of $991.49 million per share, with estimates ranging from $976.84 million to $1.01 billion. Zacks’ sales calculations are an average based on a survey of research analysts that that provide coverage for Navigant Consulting.
Get Navigant Consulting alerts:Navigant Consulting (NYSE:NCI) last issued its quarterly earnings data on Wednesday, May 2nd. The business services provider reported $0.30 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.30. The firm had revenue of $243.90 million during the quarter, compared to analysts’ expectations of $233.79 million. Navigant Consulting had a net margin of 7.29% and a return on equity of 7.95%. The business’s revenue for the quarter was up 3.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.27 earnings per share.
A number of brokerages recently issued reports on NCI. Zacks Investment Research cut shares of Navigant Consulting from a “hold” rating to a “sell” rating in a report on Monday, May 7th. ValuEngine cut shares of Navigant Consulting from a “buy” rating to a “hold” rating in a report on Friday. Finally, Barrington Research restated a “buy” rating on shares of Navigant Consulting in a report on Tuesday, June 26th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and one has assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $26.00.
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. BlackRock Inc. grew its holdings in Navigant Consulting by 1.9% during the fourth quarter. BlackRock Inc. now owns 5,963,727 shares of the business services provider’s stock valued at $115,755,000 after purchasing an additional 111,461 shares during the period. Engine Capital Management LLC lifted its stake in Navigant Consulting by 17.4% in the first 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 in the last quarter. Sunriver Management LLC lifted its stake in Navigant Consulting by 5.9% in the fourth quarter. Sunriver Management LLC now owns 1,271,034 shares of the business services provider’s stock valued at $24,671,000 after buying an additional 71,042 shares in the last quarter. Macquarie Group Ltd. lifted its stake in Navigant Consulting by 11.7% in the fourth quarter. Macquarie Group Ltd. now owns 1,262,309 shares of the business services provider’s stock valued at $24,501,000 after buying an additional 132,026 shares in the last quarter. Finally, Northern Trust Corp lifted its stake in Navigant Consulting by 2.0% in the first quarter. Northern Trust Corp now owns 1,004,466 shares of the business services provider’s stock valued at $19,327,000 after buying an additional 20,158 shares in the last quarter. Hedge funds and other institutional investors own 92.64% of the company’s stock.
NYSE NCI traded up $0.39 during trading on Wednesday, reaching $22.53. 263,400 shares of the stock traded hands, compared to its average volume of 270,991. The stock has a market cap of $1.00 billion, a P/E ratio of 20.39, a P/E/G ratio of 1.26 and a beta of 0.91. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.60 and a current ratio of 2.60. Navigant Consulting has a fifty-two week low of $14.62 and a fifty-two week high of $25.25.
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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