Navigant Consulting Inc. (NYSE:NCI) – Equities research analysts at Avondale Partners issued their Q3 2016 EPS estimates for shares of Navigant Consulting in a research report issued on Wednesday. Avondale Partners analyst R. Reece anticipates that the brokerage will post earnings of $0.31 per share for the quarter.
Separately, Zacks Investment Research downgraded Navigant Consulting from a “buy” rating to a “hold” rating in a research report on Tuesday, September 27th.
Shares of Navigant Consulting (NYSE:NCI) opened at 19.79 on Friday. Navigant Consulting has a 52 week low of $14.07 and a 52 week high of $20.58. The stock has a market capitalization of $938.05 million, a P/E ratio of 17.67 and a beta of 1.35. The company has a 50-day moving average price of $19.79 and a 200 day moving average price of $17.39.
Navigant Consulting (NYSE:NCI) last released its quarterly earnings results on Tuesday, July 26th. The company reported $0.33 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.26 by $0.07. Navigant Consulting had a return on equity of 9.64% and a net margin of 5.97%. The business earned $238.49 million during the quarter, compared to analyst estimates of $231.24 million. During the same quarter last year, the company posted $0.26 EPS. Navigant Consulting’s revenue for the quarter was up 13.0% on a year-over-year basis.
Large investors have recently added to or reduced their stakes in the company. Victory Capital Management Inc. increased its stake in Navigant Consulting by 77.2% in the second quarter. Victory Capital Management Inc. now owns 6,227 shares of the company’s stock worth $101,000 after buying an additional 2,713 shares during the last quarter. Teacher Retirement System of Texas increased its stake in Navigant Consulting by 13.7% in the second quarter. Teacher Retirement System of Texas now owns 6,643 shares of the company’s stock worth $107,000 after buying an additional 799 shares during the last quarter. Mason Street Advisors LLC purchased a new stake in Navigant Consulting during the second quarter worth $150,000. GAM Holding AG purchased a new stake in Navigant Consulting during the second quarter worth $165,000. Finally, Profund Advisors LLC increased its stake in Navigant Consulting by 1.3% in the second quarter. Profund Advisors LLC now owns 10,835 shares of the company’s stock worth $175,000 after buying an additional 143 shares during the last quarter. Institutional investors own 91.63% of the company’s stock.
About Navigant Consulting
Navigant Consulting, Inc (Navigant) is a global professional services firm. The Company serves clients in the healthcare, energy and financial services industries. The Company operates in four segments: Disputes, Investigations & Economics; Financial, Risk & Compliance; Healthcare, and Energy. The Disputes, Investigations & Economics segment’s professional services include valuation and economic analysis, as well as accounting, regulatory, construction and computer forensic expertise.
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