Equities analysts expect Navigant Consulting, Inc. (NYSE:NCI) to announce $178.87 million in sales for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for Navigant Consulting’s earnings, with the highest sales estimate coming in at $180.80 million and the lowest estimate coming in at $177.40 million. Navigant Consulting posted sales of $243.88 million during the same quarter last year, which suggests a negative year over year growth rate of 26.7%. The business is expected to announce its next quarterly earnings report before the market opens on Wednesday, May 1st.

On average, analysts expect that Navigant Consulting will report full year sales of $747.97 million for the current financial year, with estimates ranging from $745.80 million to $750.01 million. For the next fiscal year, analysts expect that the business will post sales of $788.55 million, with estimates ranging from $780.14 million to $799.90 million. Zacks Investment Research’s sales averages are a mean average based on a survey of analysts that that provide coverage for Navigant Consulting.

Navigant Consulting (NYSE:NCI) last posted its quarterly earnings data on Tuesday, February 26th. The business services provider reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.03). Navigant Consulting had a return on equity of 6.59% and a net margin of 13.10%. The company had revenue of $193.20 million for the quarter, compared to analyst estimates of $173.33 million. During the same period in the previous year, the business posted $0.29 earnings per share. The firm’s revenue was down 24.4% compared to the same quarter last year.

A number of research firms have weighed in on NCI. Zacks Investment Research cut Navigant Consulting from a “buy” rating to a “hold” rating in a research report on Wednesday, January 16th. TheStreet cut Navigant Consulting from a “b-” rating to a “c” rating in a research report on Friday, March 15th. Two research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $28.00.

Navigant Consulting stock traded up $0.24 during mid-day trading on Friday, reaching $20.64. 269,628 shares of the company were exchanged, compared to its average volume of 407,609. Navigant Consulting has a twelve month low of $18.85 and a twelve month high of $27.40. The stock has a market capitalization of $797.21 million, a price-to-earnings ratio of 43.91, a PEG ratio of 1.71 and a beta of 0.68.

Institutional investors and hedge funds have recently bought and sold shares of the company. Private Capital Group LLC lifted its holdings in shares of Navigant Consulting by 163.9% in the 4th quarter. Private Capital Group LLC now owns 1,037 shares of the business services provider’s stock valued at $25,000 after buying an additional 644 shares during the period. Acadian Asset Management LLC acquired a new stake in shares of Navigant Consulting in the 4th quarter valued at approximately $70,000. Advisor Group Inc. lifted its holdings in shares of Navigant Consulting by 23.3% in the 4th quarter. Advisor Group Inc. now owns 6,129 shares of the business services provider’s stock valued at $147,000 after buying an additional 1,160 shares during the period. Neuburgh Advisers LLC lifted its holdings in shares of Navigant Consulting by 11.4% in the 4th quarter. Neuburgh Advisers LLC now owns 7,766 shares of the business services provider’s stock valued at $187,000 after buying an additional 792 shares during the period. Finally, Meeder Asset Management Inc. lifted its holdings in shares of Navigant Consulting by 276.2% in the 4th quarter. Meeder Asset Management Inc. now owns 7,999 shares of the business services provider’s stock valued at $193,000 after buying an additional 5,873 shares during the period. 97.80% of the stock is owned by institutional investors and hedge funds.

About Navigant Consulting

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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