The stock of Navigant Consulting, Inc. (NYSE:NCI) hit a new 52-week high and has $32.89 target or 32.00% above today’s $24.92 share price. The 8 months bullish chart indicates low risk for the $1.21 billion company. The 1-year high was reported on Nov, 21 by Barchart.com. If the $32.89 price target is reached, the company will be worth $387.20M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 97,354 shares traded hands. Navigant Consulting, Inc. (NYSE:NCI) has risen 55.70% since April 19, 2016 and is uptrending. It has outperformed by 51.84% the S&P500.
Navigant Consulting, Inc. (NYSE:NCI) Ratings Coverage
Out of 3 analysts covering Navigant Consulting (NYSE:NCI), 2 rate it a “Buy”, 1 “Sell”, while 0 “Hold”. This means 67% are positive. Navigant Consulting has been the topic of 4 analyst reports since July 31, 2015 according to StockzIntelligence Inc. The firm earned “Outperform” rating on Friday, July 31 by Avondale. The company was downgraded on Monday, September 21 by Zacks. The firm earned “Outperform” rating on Monday, November 2 by Barrington Research. The company was downgraded on Monday, September 7 by Zacks.
According to Zacks Investment Research, “Navigant Consulting, Inc., formerly known as The Metzler Group, Inc., is a global management consulting company serving energy-based and other regulated industries. The company helps clients succeed in a business environment of changing regulation, increasing competition and evolving technology by providing management consulting services in areas such as business strategy development, marketing and sales, operations management, information technology, and customer care. (PRESS RELEASE)”
Insitutional Activity: The institutional sentiment decreased to 1.11 in Q2 2016. Its down 0.02, from 1.13 in 2016Q1. The ratio fall, as 16 funds sold all Navigant Consulting, Inc. shares owned while 51 reduced positions. 19 funds bought stakes while 57 increased positions. They now own 42.94 million shares or 0.01% less from 42.94 million shares in 2016Q1.
Deutsche Bank & Trust Ag reported 155,548 shares or 0% of all its holdings. Glenmede Trust Na, a Pennsylvania-based fund reported 149,960 shares. Teacher Retirement Systems Of Texas, a Texas-based fund reported 6,643 shares. The France-based Axa has invested 0.01% in Navigant Consulting, Inc. (NYSE:NCI). Ftb has 1,892 shares for 0% of their US portfolio. Pnc Financial Service Group reported 26,531 shares or 0% of all its holdings. Parkside Bankshares Tru owns 2,300 shares or 0.02% of their US portfolio. Blackrock Advisors Ltd Llc, a Delaware-based fund reported 23,256 shares. Grantham Mayo Van Otterloo Ltd Liability Com reported 13,100 shares or 0% of all its holdings. Louisiana State Employees Retirement Systems holds 0.02% or 21,100 shares in its portfolio. Kbc Group Nv has invested 0% of its portfolio in Navigant Consulting, Inc. (NYSE:NCI). Asset Management, a Colorado-based fund reported 16,588 shares. Citigroup has 0% invested in the company for 37,336 shares. Moreover, Amer Int Grp Inc has 0% invested in Navigant Consulting, Inc. (NYSE:NCI) for 35,404 shares. Jacobs Levy Equity Inc has 0.02% invested in the company for 58,160 shares.
Insider Transactions: Since November 15, 2016, the stock had 0 buys, and 1 insider sale for $392,561 net activity. On Tuesday, November 15 the insider HOWARD JULIE sold $392,561.
NCI Company Profile
Navigant Consulting, Inc. (Navigant), incorporated on June 6, 1996, is a global professional services firm. The Firm serves clients in the healthcare, energy and financial services industries. The Firm operates in four divisions: Disputes, Investigations & Economics; Financial, Risk & Compliance; Healthcare, and Energy. Within these divisions, it delivers business advisory services and also provides technology solutions, data hosting or processing, and business process management services (Technology, and Data and Process services). It markets its services directly to corporate executives and senior management, corporate counsel, law firms, corporate boards, special committees and governmental agencies. It conducts business across its divisions through activities in various countries outside the United States.
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