$0.26 Earnings Per Share Expected for Navigant Consulting, Inc. (NYSE:NCI) This Quarter

Equities research analysts expect Navigant Consulting, Inc. (NYSE:NCI) to announce earnings per share (EPS) of $0.26 for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for Navigant Consulting’s earnings. The lowest EPS estimate is $0.25 and the highest is $0.27. Navigant Consulting reported earnings of $0.15 per share during the same quarter last year, which indicates a positive year over year growth rate of 73.3%. The business is scheduled to issue its next earnings report on Thursday, November 14th.

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 $0.88 to $0.94. For the next year, analysts expect that the company will post earnings of $1.06 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 analysts that that provide coverage for Navigant Consulting.

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

Several analysts recently issued reports on the stock. TheStreet raised shares of Navigant Consulting from a “c+” rating to a “b-” rating in a report on Tuesday, June 18th. Sidoti downgraded shares of Navigant Consulting from a “buy” rating to a “neutral” rating in a report on Friday, August 2nd. Finally, Barrington Research reaffirmed a “buy” rating and set a $28.00 price objective on shares of Navigant Consulting in a report on Thursday, April 18th. Three equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $27.00.

Several institutional investors have recently made changes to their positions in the stock. Bank of Montreal Can raised its holdings in shares of Navigant Consulting by 81.7% in the second quarter. Bank of Montreal Can now owns 6,021 shares of the business services provider’s stock valued at $140,000 after purchasing an additional 2,707 shares during the last quarter. BBT Capital Management LLC acquired a new stake in shares of Navigant Consulting in the second quarter valued at approximately $253,000. Acadian Asset Management LLC acquired a new stake in shares of Navigant Consulting in the second quarter valued at approximately $2,274,000. Wells Fargo & Company MN raised its holdings in shares of Navigant Consulting by 4.3% in the second quarter. Wells Fargo & Company MN now owns 185,556 shares of the business services provider’s stock valued at $4,302,000 after purchasing an additional 7,578 shares during the last quarter. Finally, GSA Capital Partners LLP acquired a new stake in shares of Navigant Consulting in the second quarter valued at approximately $253,000. Institutional investors and hedge funds own 93.86% of the company’s stock.

Navigant Consulting stock remained flat at $$27.99 during trading hours on Friday. 370,735 shares of the company’s stock traded hands, compared to its average volume of 388,036. The company has a market cap of $1.08 billion, a price-to-earnings ratio of 59.55, a price-to-earnings-growth ratio of 2.26 and a beta of 0.72. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.45 and a quick ratio of 2.56. The company’s fifty day moving average price is $24.34. Navigant Consulting has a 1 year low of $18.85 and a 1 year high of $28.21.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 13th. Investors of record on Friday, August 30th will be given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.71%. The ex-dividend date is Thursday, August 29th. Navigant Consulting’s dividend payout ratio (DPR) is currently 42.55%.

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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