Navigant Consulting, Inc. (NYSE:NCI) Receives Average Rating of “Hold” from Analysts

Navigant Consulting, Inc. (NYSE:NCI) has earned a consensus rating of “Hold” from the six brokerages that are presently covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $28.00.

NCI has been the topic of a number of analyst reports. TheStreet upgraded Navigant Consulting from a “c+” rating to a “b-” rating in a research note on Tuesday, June 18th. Sidoti cut Navigant Consulting from a “buy” rating to a “neutral” rating in a research report on Friday. Finally, Barrington Research restated a “buy” rating and set a $28.00 target price on shares of Navigant Consulting in a research report on Thursday, April 18th.

A number of institutional investors have recently bought and sold shares of NCI. Investors Research Corp bought a new position in Navigant Consulting in the first quarter worth approximately $33,000. Advisor Group Inc. raised its position in shares of Navigant Consulting by 23.3% during the fourth quarter. Advisor Group Inc. now owns 6,129 shares of the business services provider’s stock worth $147,000 after acquiring an additional 1,160 shares during the last quarter. Nisa Investment Advisors LLC bought a new position in shares of Navigant Consulting during the first quarter worth about $234,000. Royce & Associates LP bought a new position in shares of Navigant Consulting during the first quarter worth about $275,000. Finally, BNP Paribas Arbitrage SA raised its position in shares of Navigant Consulting by 61.8% during the first quarter. BNP Paribas Arbitrage SA now owns 14,852 shares of the business services provider’s stock worth $289,000 after acquiring an additional 5,673 shares during the last quarter. Institutional investors and hedge funds own 94.12% of the company’s stock.

NCI stock traded up $4.04 during midday trading on Friday, hitting $28.08. The company’s stock had a trading volume of 327,217 shares, compared to its average volume of 172,387. The company’s 50-day moving average is $23.57. The company has a current ratio of 2.56, a quick ratio of 2.56 and a debt-to-equity ratio of 0.13. Navigant Consulting has a 1 year low of $18.85 and a 1 year high of $27.40. The stock has a market cap of $1.10 billion, a PE ratio of 59.70, a price-to-earnings-growth ratio of 1.96 and a beta of 0.74.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 13th. Investors of record on Friday, August 30th will be given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 0.71%. The ex-dividend date of this dividend is Thursday, August 29th. Navigant Consulting’s payout ratio is 42.55%.

Navigant Consulting Company Profile

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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