Noble Financial reaffirmed their hold rating on shares of NCI, Inc. (NASDAQ:NCIT) in a report issued on Thursday, July 6th.

A number of other analysts have also weighed in on the stock. SunTrust Banks, Inc. reiterated a buy rating on shares of NCI in a report on Monday, June 26th. ValuEngine upgraded shares of NCI from a hold rating to a buy rating in a report on Friday, June 2nd. Cowen and Company reiterated a buy rating and set a $24.00 target price on shares of NCI in a report on Monday, July 3rd. Zacks Investment Research lowered shares of NCI from a hold rating to a sell rating in a report on Saturday, April 8th. Finally, FBR & Co restated a hold rating and issued a $11.00 price objective on shares of NCI in a report on Tuesday, April 4th. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus target price of $18.33.

NCI (NASDAQ:NCIT) traded up 0.25% during mid-day trading on Thursday, hitting $19.95. 57,815 shares of the stock were exchanged. The company has a 50-day moving average price of $19.55 and a 200-day moving average price of $15.41. NCI has a one year low of $10.98 and a one year high of $21.40. The company has a market cap of $270.34 million, a P/E ratio of 44.63 and a beta of 1.05.

NCI (NASDAQ:NCIT) last posted its earnings results on Tuesday, May 9th. The information technology services provider reported $0.25 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.21 by $0.04. The company had revenue of $78.75 million during the quarter, compared to analyst estimates of $76.55 million. NCI had a net margin of 2.13% and a return on equity of 11.73%. On average, analysts predict that NCI will post $1.00 earnings per share for the current fiscal year.

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A number of hedge funds have recently modified their holdings of the company. LSV Asset Management raised its stake 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 during the period. Teachers Advisors LLC raised its stake in shares of 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 period. Russell Investments Group Ltd. raised its stake in shares of NCI by 30.1% in the first quarter. Russell Investments Group Ltd. now owns 20,040 shares of the information technology services provider’s stock valued at $302,000 after buying an additional 4,632 shares during the period. Hancock Holding Co. bought a new stake in shares of NCI during the first quarter valued at approximately $189,000. Finally, Renaissance Technologies LLC raised its stake in shares of 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 period. Institutional investors and hedge funds own 39.04% of the company’s stock.

About NCI

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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