Wall Street analysts forecast that Navigant Consulting, Inc. (NYSE:NCI) will announce earnings of $0.22 per share for the current quarter, Zacks reports. Three analysts have made 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 of $0.49 per share during the same quarter last year, which would suggest a negative year-over-year growth rate of 55.1%. The company is scheduled to announce its next quarterly 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 year, with EPS estimates ranging from $0.90 to $0.94. For the next financial year, analysts forecast that the company will report earnings of $1.07 per share, with EPS estimates ranging from $1.03 to $1.11. Zacks’ EPS averages are an average based on a survey of research analysts that that provide coverage for Navigant Consulting.

Navigant Consulting (NYSE:NCI) last released its quarterly earnings results on Thursday, April 25th. The business services provider reported $0.18 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.08 by $0.10. Navigant Consulting had a net margin of 13.16% and a return on equity of 5.74%. The business had revenue of $186.13 million for the quarter, compared to analyst estimates of $178.87 million.

Several equities analysts have issued reports on NCI shares. Barrington Research reaffirmed a “buy” rating and issued a $28.00 price target on shares of Navigant Consulting in a report on Thursday, April 18th. TheStreet raised shares of Navigant Consulting from a “c+” rating to a “b-” rating in a report on Tuesday, June 18th. Two investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $27.00.

NYSE NCI traded down $0.02 on Monday, hitting $23.18. The stock had a trading volume of 297,300 shares, compared to its average volume of 367,490. The business has a fifty day moving average of $22.72. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.56 and a current ratio of 2.56. Navigant Consulting has a 52-week low of $18.85 and a 52-week high of $27.40. The company has a market capitalization of $912.84 million, a PE ratio of 49.32, a price-to-earnings-growth ratio of 1.86 and a beta of 0.74.

The company also recently declared a quarterly dividend, which was paid on Friday, June 14th. Shareholders of record on Friday, May 31st were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.86%. The ex-dividend date was Thursday, May 30th. Navigant Consulting’s dividend payout ratio is currently 42.55%.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Rhumbline Advisers raised its stake in shares of Navigant Consulting by 15.7% during the 4th quarter. Rhumbline Advisers now owns 127,986 shares of the business services provider’s stock worth $3,078,000 after purchasing an additional 17,321 shares in the last quarter. TD Asset Management Inc. acquired a new position in shares of Navigant Consulting during the 4th quarter worth approximately $510,000. Victory Capital Management Inc. increased its holdings in shares of Navigant Consulting by 4.1% during the 4th quarter. Victory Capital Management Inc. now owns 18,944 shares of the business services provider’s stock worth $456,000 after acquiring an additional 738 shares during the last quarter. Jennison Associates LLC increased its holdings in shares of Navigant Consulting by 121.9% during the 4th quarter. Jennison Associates LLC now owns 65,488 shares of the business services provider’s stock worth $1,575,000 after acquiring an additional 35,977 shares during the last quarter. Finally, Ramsey Quantitative Systems acquired a new position in shares of Navigant Consulting during the 4th quarter worth approximately $301,000. 94.07% of the stock is currently 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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