Shares of NCI Inc. (NASDAQ:NCIT) have received an average recommendation of “Buy” from the six analysts that are presently covering the firm. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $15.50.
Separately, Zacks Investment Research lowered NCI from a “buy” rating to a “hold” rating in a research note on Thursday, June 30th.
Shares of NCI (NASDAQ:NCIT) traded down 0.842% during mid-day trading on Wednesday, reaching $11.185. The company had a trading volume of 11,037 shares. NCI has a 12-month low of $10.98 and a 12-month high of $17.18. The stock has a market capitalization of $151.04 million, a P/E ratio of 11.663 and a beta of 1.11. The firm’s 50 day moving average is $11.82 and its 200-day moving average is $13.21.
NCI (NASDAQ:NCIT) last released its quarterly earnings data on Wednesday, July 27th. The company reported $0.23 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.23. The firm had revenue of $81.90 million for the quarter, compared to analyst estimates of $85.10 million. NCI had a return on equity of 12.39% and a net margin of 4.00%. The business’s revenue for the quarter was down 4.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.22 earnings per share. On average, analysts expect that NCI will post $0.94 earnings per share for the current fiscal year.
Several institutional investors have recently made changes to their positions in the company. Schwab Charles Investment Management Inc. purchased a new position in shares of NCI during the second quarter worth $141,000. Hillsdale Investment Management Inc. raised its position in shares of NCI by 17.2% in the second quarter. Hillsdale Investment Management Inc. now owns 34,140 shares of the company’s stock worth $480,000 after buying an additional 5,000 shares during the period. Panagora Asset Management Inc. purchased a new position in shares of NCI during the second quarter worth $320,000. A.R.T. Advisors LLC raised its position in shares of NCI by 7.8% in the second quarter. A.R.T. Advisors LLC now owns 11,025 shares of the company’s stock worth $154,000 after buying an additional 800 shares during the period. Finally, Eagle Global Advisors LLC raised its position in shares of NCI by 2.7% in the second quarter. Eagle Global Advisors LLC now owns 42,029 shares of the company’s stock worth $591,000 after buying an additional 1,110 shares during the period. Institutional investors own 37.10% of the company’s stock.
NCI Company Profile
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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