Navigant Consulting (NCI) to Release Quarterly Earnings on Thursday

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Navigant Consulting (NYSE:NCI) is scheduled to announce its earnings results before the market opens on Thursday, November 8th. Analysts expect the company to announce earnings of $0.11 per share for the quarter.

Navigant Consulting (NYSE:NCI) last released its quarterly earnings results on Thursday, August 2nd. The business services provider reported $0.49 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.32 by $0.17. Navigant Consulting had a return on equity of 9.45% and a net margin of 9.05%. The business had revenue of $252.40 million during the quarter, compared to analysts’ expectations of $241.73 million. During the same period in the previous year, the business posted $0.24 earnings per share. The firm’s revenue for the quarter was up 7.4% compared to the same quarter last year. On average, analysts expect Navigant Consulting to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Shares of Navigant Consulting stock traded down $0.02 during trading on Thursday, reaching $21.58. The company’s stock had a trading volume of 1,171 shares, compared to its average volume of 295,961. The company has a quick ratio of 3.59, a current ratio of 3.59 and a debt-to-equity ratio of 0.21. Navigant Consulting has a one year low of $16.67 and a one year high of $25.85. The stock has a market capitalization of $963.55 million, a price-to-earnings ratio of 19.86, a P/E/G ratio of 3.69 and a beta of 0.84.

NCI has been the subject of a number of research reports. ValuEngine upgraded Navigant Consulting from a “hold” rating to a “buy” rating in a research report on Friday, August 3rd. Barrington Research reiterated a “buy” rating and issued a $30.00 price objective on shares of Navigant Consulting in a research report on Tuesday, October 2nd. Zacks Investment Research lowered Navigant Consulting from a “buy” rating to a “hold” rating in a research report on Monday, July 9th. Finally, William Blair reiterated a “hold” rating on shares of Navigant Consulting in a research report on Sunday, August 12th. Two investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $27.50.

In related news, CFO Stephen R. Lieberman sold 3,000 shares of Navigant Consulting stock in a transaction dated Thursday, September 6th. The stock was sold at an average price of $24.24, for a total value of $72,720.00. Following the completion of the sale, the chief financial officer now directly owns 53,513 shares in the company, valued at $1,297,155.12. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Monica M. Weed sold 23,775 shares of Navigant Consulting stock in a transaction dated Monday, August 6th. The stock was sold at an average price of $24.67, for a total value of $586,529.25. The disclosure for this sale can be found here. Over the last quarter, insiders sold 51,575 shares of company stock valued at $1,258,383. Corporate insiders own 2.75% of the company’s stock.

About Navigant Consulting

Navigant Consulting, Inc provides professional services to corporate executives and senior management, corporate counsel, law firms, corporate boards, special committees, and governmental agencies worldwide. It operates through four segments: Healthcare; Energy; Financial Services Advisory and Compliance; and Disputes, Forensics and Legal Technology.

Further Reading: Correction

Earnings History for Navigant Consulting (NYSE:NCI)

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