Equities analysts expect NCI, Inc. (NASDAQ:NCIT) to report $0.25 earnings per share for the current quarter, according to Zacks. Four analysts have provided estimates for NCI’s earnings. NCI posted earnings of $0.23 per share during the same quarter last year, which suggests a positive year over year growth rate of 8.7%. The company is scheduled to report its next earnings report on Wednesday, July 26th.
On average, analysts expect that NCI will report full year earnings of $1.01 per share for the current year, with EPS estimates ranging from $1.00 to $1.02. For the next fiscal year, analysts anticipate that the company will post earnings of $1.09 per share, with EPS estimates ranging from $1.05 to $1.15. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research firms that cover NCI.
NCI (NASDAQ:NCIT) last released its earnings results on Tuesday, May 9th. The information technology services provider reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.04. The company had revenue of $78.75 million for the quarter, compared to analyst estimates of $76.55 million. NCI had a return on equity of 11.73% and a net margin of 2.13%.
A number of analysts recently issued reports on the company. Noble Financial reiterated a “buy” rating on shares of NCI in a research note on Wednesday. Zacks Investment Research lowered NCI from a “hold” rating to a “sell” rating in a research note on Saturday, April 8th. FBR & Co reiterated a “hold” rating and set a $11.00 price objective on shares of NCI in a research note on Tuesday, April 4th. Cowen and Company set a $24.00 price objective on NCI and gave the company a “buy” rating in a research note on Thursday, June 8th. Finally, ValuEngine upgraded NCI from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $17.50.
NCI (NASDAQ:NCIT) traded up 0.368% during mid-day trading on Wednesday, hitting $20.475. The stock had a trading volume of 35,216 shares. NCI has a 52 week low of $10.98 and a 52 week high of $20.89. The stock has a market capitalization of $277.46 million, a P/E ratio of 45.805 and a beta of 0.98. The company’s 50 day moving average is $17.57 and its 200-day moving average is $14.80.
A number of institutional investors have recently bought and sold shares of NCIT. ClariVest Asset Management LLC boosted its position in NCI by 5.3% in the first quarter. ClariVest Asset Management LLC now owns 14,464 shares of the information technology services provider’s stock valued at $217,000 after buying an additional 727 shares during the last quarter. Algert Global LLC boosted its position in NCI by 10.8% in the first quarter. Algert Global LLC now owns 12,155 shares of the information technology services provider’s stock valued at $183,000 after buying an additional 1,180 shares during the last quarter. Bank of New York Mellon Corp boosted its position in NCI by 4.4% in the first quarter. Bank of New York Mellon Corp now owns 27,972 shares of the information technology services provider’s stock valued at $421,000 after buying an additional 1,184 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in NCI by 1.0% in the first quarter. Dimensional Fund Advisors LP now owns 303,739 shares of the information technology services provider’s stock valued at $4,571,000 after buying an additional 3,044 shares during the last quarter. Finally, LSV Asset Management boosted its position in NCI by 5.7% in the first quarter. LSV Asset Management now owns 72,201 shares of the information technology services provider’s stock valued at $1,086,000 after buying an additional 3,903 shares during the last quarter. Institutional investors and hedge funds own 39.04% of the company’s stock.
NCI Company Profile
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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