Brokerages Expect Navigant Consulting, Inc. (NYSE:NCI) Will Post Earnings of $0.22 Per Share
Analysts forecast that Navigant Consulting, Inc. (NYSE:NCI) will announce $0.22 earnings per share for the current fiscal quarter, Zacks Investment Research reports. Three analysts have issued estimates for Navigant Consulting’s earnings, with the lowest EPS estimate coming in at $0.20 and the highest estimate coming in at $0.23. Navigant Consulting posted earnings per share of $0.49 in the same quarter last year, which would indicate a negative year-over-year growth rate of 55.1%. The firm is expected to announce its next earnings results on Thursday, August 1st.
According to Zacks, analysts expect that Navigant Consulting will report full year earnings of $0.92 per share for the current fiscal year, with EPS estimates ranging from $0.90 to $0.94. For the next fiscal year, analysts anticipate that the business will report earnings of $1.07 per share, with EPS estimates ranging from $1.03 to $1.11. Zacks’ earnings per share calculations are an average based on a survey of sell-side research firms that follow Navigant Consulting.
Navigant Consulting (NYSE:NCI) last announced its quarterly earnings results on Thursday, April 25th. The business services provider reported $0.18 earnings per share for the quarter, beating analysts’ consensus estimates of $0.08 by $0.10. The business had revenue of $186.13 million during the quarter, compared to analysts’ expectations of $178.87 million. Navigant Consulting had a return on equity of 5.74% and a net margin of 13.16%.
Large investors have recently modified their holdings of the business. Investors Research Corp acquired a new stake in Navigant Consulting in the 1st quarter worth about $33,000. Acadian Asset Management LLC acquired a new stake in Navigant Consulting in the 4th quarter worth about $70,000. Advisor Group Inc. boosted its stake in Navigant Consulting by 23.3% in the 4th quarter. Advisor Group Inc. now owns 6,129 shares of the business services provider’s stock worth $147,000 after buying an additional 1,160 shares during the last quarter. Neuburgh Advisers LLC boosted its stake in Navigant Consulting by 11.4% in the 4th quarter. Neuburgh Advisers LLC now owns 7,766 shares of the business services provider’s stock worth $187,000 after buying an additional 792 shares during the last quarter. Finally, Nisa Investment Advisors LLC acquired a new stake in Navigant Consulting in the 1st quarter worth about $234,000. 94.07% of the stock is currently owned by hedge funds and other institutional investors.
Shares of NCI traded down $0.13 during trading hours on Wednesday, reaching $23.38. 1,147 shares of the company traded hands, compared to its average volume of 252,062. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.56 and a quick ratio of 2.56. The company has a market cap of $925.04 million, a PE ratio of 49.74, a PEG ratio of 1.89 and a beta of 0.74. Navigant Consulting has a fifty-two week low of $18.85 and a fifty-two week high of $27.40. The company’s fifty day moving average price is $22.94.
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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