Other equities analysts have also recently issued reports about the company. Cowen and Company restated a buy rating and set a $16.50 price target on shares of NCI in a report on Monday, April 10th. SunTrust Banks, Inc. reissued a buy rating on shares of NCI in a research report on Monday, June 26th. ValuEngine raised NCI from a hold rating to a buy rating in a research report on Friday, June 2nd. FBR & Co restated a hold rating and issued a $11.00 price objective on shares of NCI in a research note on Tuesday, April 4th. Finally, Zacks Investment Research upgraded NCI from a sell rating to a hold rating in a research note on Saturday, May 13th. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock has a consensus rating of Hold and an average price target of $18.33.
NCI (NASDAQ:NCIT) traded down 0.25% during midday trading on Thursday, hitting $19.95. 54,027 shares of the stock traded hands. The firm’s 50 day moving average is $19.55 and its 200-day moving average is $15.41. NCI has a 12-month low of $10.98 and a 12-month high of $21.40. The stock has a market capitalization of $270.34 million, a PE ratio of 44.63 and a beta of 1.05.
NCI (NASDAQ:NCIT) last issued its earnings results on Tuesday, May 9th. The information technology services provider reported $0.25 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.21 by $0.04. The firm had revenue of $78.75 million during the quarter, compared to the consensus estimate of $76.55 million. NCI had a return on equity of 11.73% and a net margin of 2.13%. On average, analysts anticipate that NCI will post $1.00 EPS for the current fiscal year.
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Hedge funds and other institutional investors have recently modified their holdings of the company. LSV Asset Management increased its position in shares of NCI by 5.7% in the first quarter. LSV Asset Management now owns 72,201 shares of the information technology services provider’s stock valued at $1,086,000 after buying an additional 3,903 shares in the last quarter. Teachers Advisors LLC boosted its stake in NCI by 44.1% in the fourth quarter. Teachers Advisors LLC now owns 13,212 shares of the information technology services provider’s stock valued at $184,000 after buying an additional 4,044 shares during the last quarter. Hancock Holding Co. acquired a new stake in NCI during the first quarter valued at $189,000. Renaissance Technologies LLC boosted its stake in NCI by 2.5% in the fourth quarter. Renaissance Technologies LLC now owns 384,725 shares of the information technology services provider’s stock valued at $5,367,000 after buying an additional 9,225 shares during the last quarter. Finally, Globeflex Capital L P boosted its stake in NCI by 40.3% in the first quarter. Globeflex Capital L P now owns 40,372 shares of the information technology services provider’s stock valued at $608,000 after buying an additional 11,600 shares during the last quarter. Institutional investors and hedge funds own 39.04% of the company’s stock.
NCI Company Profile
NCI, Inc is a provider of enterprise services and solutions to defense, intelligence, healthcare and civilian government agencies. The Company provides information technology (IT), and professional services and solutions by leveraging its core service offerings, which include cloud computing and IT infrastructure optimization; cybersecurity and information assurance; engineering and logistics support; enterprise information management and advanced analytics; health IT and medical support; IT service management; modeling, simulation, and training, and agile development and integration.
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