Navigant Consulting (NYSE:NCI) Issues Earnings Results, Beats Expectations By $0.07 EPS

Navigant Consulting (NYSE:NCI) issued its earnings results on Friday. The business services provider reported $0.29 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.22 by $0.07, Bloomberg Earnings reports. Navigant Consulting had a net margin of 13.16% and a return on equity of 5.74%. The firm had revenue of $196.57 million during the quarter, compared to analysts’ expectations of $186.77 million.

Navigant Consulting stock traded up $4.02 during midday trading on Friday, reaching $28.06. The stock had a trading volume of 5,346,414 shares, compared to its average volume of 182,309. The firm has a fifty day moving average of $23.67. Navigant Consulting has a twelve month low of $18.85 and a twelve month high of $28.21. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.56 and a current ratio of 2.56. The firm has a market cap of $958.48 million, a price-to-earnings ratio of 59.70, a price-to-earnings-growth ratio of 1.95 and a beta of 0.72.

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

NCI has been the subject of a number of recent analyst reports. Sidoti lowered shares of Navigant Consulting from a “buy” rating to a “neutral” rating in a research note on Friday. Barrington Research reaffirmed a “buy” rating and issued a $28.00 price objective on shares of Navigant Consulting in a research note on Thursday, April 18th. Finally, TheStreet raised shares of Navigant Consulting from a “c+” rating to a “b-” rating in a research note on Tuesday, June 18th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Navigant Consulting currently has an average rating of “Hold” and a consensus target price of $27.00.

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 for Navigant Consulting (NYSE:NCI)

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