Shares of NCI Inc. (NASDAQ:NCIT) gapped up before the market opened on Wednesday . The stock had previously closed at $12.66, but opened at $12.69. NCI shares last traded at $12.88, with a volume of 35,506 shares traded.

A number of analysts recently commented on NCIT shares. TheStreet upgraded NCI from a “hold” rating to a “buy” rating in a research report on Wednesday, May 25th. Zacks Investment Research cut NCI from a “buy” rating to a “hold” rating in a research report on Thursday, June 30th. Finally, FBR & Co reiterated a “hold” rating on shares of NCI in a research report on Thursday, April 28th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $14.70.

The firm has a market capitalization of $173.24 million and a P/E ratio of 13.38. The company’s 50 day moving average is $13.49 and its 200-day moving average is $13.64.

NCI (NASDAQ:NCIT) last announced its quarterly earnings results on Wednesday, July 27th. The company reported $0.23 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.23. The business had revenue of $81.90 million for the quarter, compared to analyst estimates of $85.10 million. The company’s revenue was down 4.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.22 EPS. On average, equities analysts forecast that NCI Inc. will post $0.94 earnings per share for the current fiscal year.

A number of hedge funds and institutional investors have made changes to their positions in NCIT. Bailard Inc. acquired a new position in shares of NCI during the fourth quarter worth about $1,040,000. Morgan Stanley raised its stake in shares of NCI by 209.8% in the fourth quarter. Morgan Stanley now owns 90,526 shares of the company’s stock valued at $1,236,000 after buying an additional 61,301 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in shares of NCI by 14.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 257,374 shares of the company’s stock valued at $3,513,000 after buying an additional 33,381 shares during the period.

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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