Navigant Consulting, Inc. (NYSE:NCI) – Investment analysts at Barrington Research cut their Q4 2018 earnings per share (EPS) estimates for Navigant Consulting in a research note issued on Friday, November 16th. Barrington Research analyst K. Steinke now expects that the business services provider will post earnings of $0.12 per share for the quarter, down from their previous forecast of $0.14. Barrington Research has a “Buy” rating and a $30.00 price target on the stock.

A number of other equities research analysts have also issued reports on NCI. Zacks Investment Research raised shares of Navigant Consulting from a “hold” rating to a “buy” rating and set a $26.00 price target on the stock in a report on Wednesday, November 14th. ValuEngine raised shares of Navigant Consulting from a “hold” rating to a “buy” rating in a report on Friday, August 3rd. Finally, William Blair reissued a “hold” rating on shares of Navigant Consulting in a report on Sunday, August 12th. One equities research analyst has rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $28.00.

Shares of Navigant Consulting stock opened at $22.84 on Monday. The firm has a market capitalization of $1.02 billion, a price-to-earnings ratio of 20.95, a PEG ratio of 4.02 and a beta of 0.79. Navigant Consulting has a 12-month low of $18.14 and a 12-month high of $25.85.

Navigant Consulting (NYSE:NCI) last released its earnings results on Thursday, November 8th. The business services provider reported $0.15 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.11 by $0.04. The company had revenue of $171.39 million for the quarter, compared to analyst estimates of $168.69 million. Navigant Consulting had a net margin of 16.05% and a return on equity of 8.04%. The firm’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.30 EPS.

Large investors have recently bought and sold shares of the company. Itau Unibanco Holding S.A. purchased a new stake in shares of Navigant Consulting in the 2nd quarter worth about $109,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in shares of Navigant Consulting in the 2nd quarter worth about $212,000. Pacer Advisors Inc. purchased a new stake in shares of Navigant Consulting in the 3rd quarter worth about $222,000. Mackenzie Financial Corp purchased a new stake in shares of Navigant Consulting in the 3rd quarter worth about $233,000. Finally, Piedmont Investment Advisors LLC purchased a new stake in shares of Navigant Consulting in the 2nd quarter worth about $233,000. 98.91% of the stock is owned by hedge funds and other institutional investors.

In other news, EVP Lee A. Spirer sold 19,800 shares of the firm’s stock in a transaction dated Wednesday, September 5th. The shares were sold at an average price of $24.08, for a total value of $476,784.00. Following the completion of the sale, the executive vice president now directly owns 87,446 shares of the company’s stock, valued at approximately $2,105,699.68. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Stephen R. Lieberman sold 3,000 shares of the firm’s stock in a transaction dated Thursday, September 6th. The stock was sold at an average price of $24.24, for a total transaction of $72,720.00. Following the completion of the sale, the chief financial officer now directly owns 53,513 shares of the company’s stock, valued at $1,297,155.12. The disclosure for this sale can be found here. Company insiders own 2.75% of the company’s stock.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 14th. Stockholders of record on Friday, November 30th will be given a $0.05 dividend. The ex-dividend date of this dividend is Thursday, November 29th. This represents a $0.20 annualized dividend and a dividend yield of 0.88%. Navigant Consulting’s dividend payout ratio is 18.35%.

Navigant Consulting Company Profile

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.

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Earnings History and Estimates for Navigant Consulting (NYSE:NCI)

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