Zacks: Brokerages Anticipate Navigant Consulting, Inc. (NYSE:NCI) Will Post Earnings of $0.26 Per Share

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Equities research analysts expect Navigant Consulting, Inc. (NYSE:NCI) to report $0.26 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for Navigant Consulting’s earnings. The lowest EPS estimate is $0.25 and the highest is $0.27. Navigant Consulting posted earnings of $0.15 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 73.3%. The firm is scheduled to report its next earnings report on Thursday, November 14th.

On average, analysts expect that Navigant Consulting will report full-year earnings of $0.94 per share for the current financial year, with EPS estimates ranging from $0.93 to $0.94. For the next year, analysts expect that the business will report earnings of $1.07 per share, with EPS estimates ranging from $1.03 to $1.11. Zacks Investment Research’s EPS averages are an average based on a survey of research firms that that provide coverage for Navigant Consulting.

Navigant Consulting (NYSE:NCI) last announced its quarterly earnings data on Friday, August 2nd. The business services provider reported $0.29 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.22 by $0.07. The business had revenue of $196.57 million for the quarter, compared to analysts’ expectations of $186.77 million. Navigant Consulting had a net margin of 11.57% and a return on equity of 4.21%.

A number of equities research analysts have weighed in on NCI shares. Sidoti cut shares of Navigant Consulting from a “buy” rating to a “neutral” rating in a report on Friday, August 2nd. Barrington Research cut shares of Navigant Consulting from an “outperform” rating to a “market perform” rating in a report on Tuesday, August 20th. Finally, TheStreet upgraded shares of Navigant Consulting from a “c+” rating to a “b-” rating in a report on Tuesday, June 18th.

NCI traded up $0.02 during midday trading on Tuesday, reaching $27.94. The company’s stock had a trading volume of 692,501 shares, compared to its average volume of 328,375. The firm has a market capitalization of $1.07 billion, a price-to-earnings ratio of 59.45, a PEG ratio of 2.13 and a beta of 0.68. The company has a current ratio of 2.45, a quick ratio of 2.45 and a debt-to-equity ratio of 0.12. Navigant Consulting has a 1 year low of $18.85 and a 1 year high of $28.21. The stock’s 50-day moving average is $27.82 and its 200-day moving average is $23.44.

The company also recently declared a quarterly dividend, which was paid on Friday, September 13th. Stockholders of record on Friday, August 30th were issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.72%. The ex-dividend date of this dividend was Thursday, August 29th. Navigant Consulting’s payout ratio is 42.55%.

Several large investors have recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its position in Navigant Consulting by 30.6% during the first quarter. JPMorgan Chase & Co. now owns 1,918,849 shares of the business services provider’s stock valued at $37,359,000 after purchasing an additional 449,090 shares during the period. FMR LLC lifted its position in Navigant Consulting by 102.5% during the first quarter. FMR LLC now owns 697,079 shares of the business services provider’s stock valued at $13,573,000 after purchasing an additional 352,860 shares during the period. Nuveen Asset Management LLC bought a new position in Navigant Consulting during the second quarter valued at approximately $5,324,000. Boston Partners lifted its position in Navigant Consulting by 17.6% during the second quarter. Boston Partners now owns 1,355,496 shares of the business services provider’s stock valued at $31,481,000 after purchasing an additional 203,223 shares during the period. Finally, Morgan Stanley lifted its position in Navigant Consulting by 126.7% during the second quarter. Morgan Stanley now owns 233,115 shares of the business services provider’s stock valued at $5,406,000 after purchasing an additional 130,274 shares during the period. Hedge funds and other institutional investors own 94.03% of the company’s stock.

Navigant Consulting Company Profile

Navigant Consulting, Inc provides professional services worldwide. It operates through three segments: Healthcare, Energy, and Financial Services Advisory and Compliance. The Healthcare segment offers consulting and business process management services to healthcare providers, payers, and life sciences companies.

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Earnings History and Estimates for Navigant Consulting (NYSE:NCI)

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