Analysts Expect Navigant Consulting, Inc. (NCI) to Announce $0.32 EPS

Brokerages forecast that Navigant Consulting, Inc. (NYSE:NCI) will announce earnings per share (EPS) of $0.32 for the current quarter, Zacks Investment Research reports. Three analysts have issued estimates for Navigant Consulting’s earnings, with the lowest EPS estimate coming in at $0.31 and the highest estimate coming in at $0.32. Navigant Consulting posted earnings of $0.24 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 33.3%. The business is scheduled to announce its next quarterly earnings report on Monday, July 30th.

According to Zacks, analysts expect that Navigant Consulting will report full year earnings of $1.30 per share for the current year, with EPS estimates ranging from $1.28 to $1.31. For the next fiscal year, analysts anticipate that the firm will report earnings of $1.41 per share, with EPS estimates ranging from $1.33 to $1.49. Zacks’ earnings per share averages are an average based on a survey of research firms that follow Navigant Consulting.

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Navigant Consulting (NYSE:NCI) last posted its earnings results on Wednesday, May 2nd. The business services provider reported $0.30 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.30. Navigant Consulting had a net margin of 7.29% and a return on equity of 7.95%. The firm had revenue of $243.90 million during the quarter, compared to analysts’ expectations of $233.79 million. During the same period last year, the company posted $0.27 EPS. The company’s quarterly revenue was up 3.3% compared to the same quarter last year.

A number of brokerages recently issued reports on NCI. ValuEngine cut shares of Navigant Consulting from a “buy” rating to a “hold” rating in a research report on Monday, April 2nd. Barrington Research raised shares of Navigant Consulting from a “market perform” rating to an “outperform” rating and set a $26.00 price target for the company in a research report on Monday, May 7th. Finally, Zacks Investment Research cut shares of Navigant Consulting from a “hold” rating to a “sell” rating in a research report on Monday, May 7th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $25.50.

Shares of NYSE:NCI traded up $0.09 on Thursday, hitting $21.44. The company had a trading volume of 13,514 shares, compared to its average volume of 365,522. Navigant Consulting has a 1 year low of $14.62 and a 1 year high of $25.25. The company has a current ratio of 2.60, a quick ratio of 2.60 and a debt-to-equity ratio of 0.27. The stock has a market cap of $953.46 million, a price-to-earnings ratio of 19.59, a P/E/G ratio of 1.21 and a beta of 0.90.

A number of hedge funds and other institutional investors have recently modified their holdings of NCI. Teacher Retirement System of Texas purchased a new position in Navigant Consulting in the fourth quarter worth about $311,000. Wells Fargo & Company MN raised its holdings in Navigant Consulting by 24.7% in the fourth quarter. Wells Fargo & Company MN now owns 173,633 shares of the business services provider’s stock worth $3,370,000 after buying an additional 34,387 shares during the last quarter. Arizona State Retirement System raised its holdings in Navigant Consulting by 218.6% in the fourth quarter. Arizona State Retirement System now owns 77,175 shares of the business services provider’s stock worth $1,498,000 after buying an additional 52,953 shares during the last quarter. Rhumbline Advisers raised its holdings in Navigant Consulting by 6.5% in the fourth quarter. Rhumbline Advisers now owns 111,885 shares of the business services provider’s stock worth $2,172,000 after buying an additional 6,808 shares during the last quarter. Finally, BlackRock Inc. raised its holdings in Navigant Consulting by 1.9% in the fourth quarter. BlackRock Inc. now owns 5,963,727 shares of the business services provider’s stock worth $115,755,000 after buying an additional 111,461 shares during the last quarter. 92.64% of the stock is owned by institutional investors.

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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Hot Gold Stocks To Watch For 2019

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Prudential Financial Inc. boosted its stake in shares of G-III Apparel Group, Ltd. (NASDAQ:GIII) by 2.4% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 70,728 shares of the textile maker’s stock after purchasing an additional 1,630 shares during the period. Prudential Financial Inc. owned approximately 0.14% of G-III Apparel Group worth $2,665,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of GIII. Millennium Management LLC raised its stake in G-III Apparel Group by 2,669.2% during the fourth quarter. Millennium Management LLC now owns 502,825 shares of the textile maker’s stock worth $18,549,000 after purchasing an additional 484,667 shares during the period. Goldman Sachs Group Inc. raised its stake in G-III Apparel Group by 310.2% during the fourth quarter. Goldman Sachs Group Inc. now owns 474,184 shares of the textile maker’s stock worth $17,493,000 after purchasing an additional 358,585 shares during the period. Renaissance Technologies LLC purchased a new position in G-III Apparel Group during the fourth quarter worth approximately $8,400,000. Kennedy Capital Management Inc. raised its stake in G-III Apparel Group by 49.7% during the fourth quarter. Kennedy Capital Management Inc. now owns 517,453 shares of the textile maker’s stock worth $19,089,000 after purchasing an additional 171,907 shares during the period. Finally, American Century Companies Inc. purchased a new position in G-III Apparel Group during the first quarter worth approximately $3,936,000. 98.95% of the stock is currently owned by institutional investors.

Hot Gold Stocks To Watch For 2019: Orezone Gold Corp (ORE)

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• [By Jim Robertson]

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Hot Gold Stocks To Watch For 2019: Northgate Minerals Corporation(NXG)

Advisors' Opinion:

• [By Shane Hupp]

  Shares of NEX Group PLC (LON:NXG) have been given an average rating of “Hold” by the nine ratings firms that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is GBX 696 ($9.21).

Hot Gold Stocks To Watch For 2019: CME Group Inc.(CME)

Advisors' Opinion:

• [By ]

  Sure, I will invest more in certain high-confidence picks than others, but without going overboard. This might limit the impact from a triple-digit winner in my High-Yield Investing portfolio, such as CME Group (Nasdaq: CME), where we are showing a 156% gain at last count, but it will also soften the blow from a laggard.

• [By Joseph Griffin]

  TRADEMARK VIOLATION WARNING: “Q1 2018 EPS Estimates for CME Group Lifted by Analyst (CME)” was first reported by Ticker Report and is the property of of Ticker Report. If you are viewing this report on another publication, it was illegally copied and republished in violation of US and international copyright & trademark law. The correct version of this report can be accessed at https://www.tickerreport.com/banking-finance/3350609/q1-2018-eps-estimates-for-cme-group-lifted-by-analyst-cme.html.

• [By Logan Wallace]

  Trexquant Investment LP purchased a new position in CME Group (NASDAQ:CME) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 24,661 shares of the financial services provider’s stock, valued at approximately $3,989,000.

Hot Gold Stocks To Watch For 2019: NEW GOLD INC.(NGD)

Advisors' Opinion:

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  Check out these big penny stock gainers and losers

  Losers Check-Cap Ltd. (NASDAQ: CHEK) fell 23.3 percent to $9.87 in pre-market trading after declining 13.45 percent on Wednesday. SunCoke Energy Partners, L.P. (NYSE: SXCP) fell 12.8 percent to $16.00 in pre-market trading after reporting Q1 results. Briggs & Stratton Corporation (NYSE: BGG) fell 11 percent to $17.55 in pre-market trading after the company posted mixed Q3 results and lowered its FY18 guidance. New Gold Inc. (NYSE: NGD) fell 8.4 percent to $2.30 in pre-market trading following downbeat Q1 results. Quality Care Properties, Inc. (NYSE: QCP) fell 8.2 percent to $20.85 in pre-market trading. Welltower announced plans to acquire QCP for $20.75 per share in cash. China Customer Relations Centers Inc. (NASDAQ: CCRC) shares fell 7.5 percent to $17.25 in pre-market trading after climbing 18.73 percent on Wednesday. Nokia Corporation (NYSE: NOK) shares fell 5.7 percent to $5.58 in pre-market trading after reporting Q1 results. eBay Inc. (NASDAQ: EBAY) fell 5.6 percent to $38.66 in pre-market trading following Q1 results. Southw
• [By Paul Ausick]

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Investors Sell Shares of Equifax (EFX) on Strength (EFX)

Traders sold shares of Equifax Inc. (NYSE:EFX) on strength during trading on Monday. $14.23 million flowed into the stock on the tick-up and $53.87 million flowed out of the stock on the tick-down, for a money net flow of $39.64 million out of the stock. Of all stocks tracked, Equifax had the 30th highest net out-flow for the day. Equifax traded up $1.29 for the day and closed at $128.53

A number of equities research analysts have recently weighed in on the company. Zacks Investment Research downgraded Equifax from a “hold” rating to a “sell” rating in a research report on Wednesday, June 27th. Bank of America assumed coverage on Equifax in a research report on Tuesday, April 10th. They set an “underperform” rating and a $115.00 target price for the company. Morgan Stanley boosted their target price on Equifax from $119.00 to $120.00 and gave the stock an “equal weight” rating in a research report on Friday, April 27th. Finally, ValuEngine upgraded Equifax from a “sell” rating to a “hold” rating in a research report on Friday, June 8th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have given a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $124.64.

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The firm has a market cap of $15.30 billion, a P/E ratio of 21.50, a PEG ratio of 2.68 and a beta of 0.92. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.52.

Equifax (NYSE:EFX) last released its quarterly earnings data on Wednesday, April 25th. The credit services provider reported $1.43 EPS for the quarter, beating analysts’ consensus estimates of $1.37 by $0.06. Equifax had a return on equity of 22.55% and a net margin of 15.46%. The business had revenue of $865.70 million during the quarter, compared to the consensus estimate of $854.89 million. During the same quarter in the prior year, the company posted $1.44 earnings per share. The firm’s revenue was up 4.0% on a year-over-year basis. equities analysts expect that Equifax Inc. will post 5.94 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, June 15th. Shareholders of record on Friday, May 25th were paid a $0.39 dividend. The ex-dividend date was Thursday, May 24th. This represents a $1.56 dividend on an annualized basis and a yield of 1.21%. Equifax’s payout ratio is 26.13%.

In other Equifax news, CEO Mark W. Begor bought 8,700 shares of the firm’s stock in a transaction on Friday, May 25th. The stock was purchased at an average cost of $115.01 per share, with a total value of $1,000,587.00. Following the completion of the purchase, the chief executive officer now owns 46,491 shares in the company, valued at $5,346,929.91. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 1.45% of the stock is currently owned by insiders.

Large investors have recently bought and sold shares of the business. Massey Quick Simon & CO. LLC grew its stake in Equifax by 9,375.0% in the first quarter. Massey Quick Simon & CO. LLC now owns 1,516 shares of the credit services provider’s stock valued at $179,000 after acquiring an additional 1,500 shares during the period. Point72 Asia Hong Kong Ltd grew its stake in Equifax by 1,186.4% in the first quarter. Point72 Asia Hong Kong Ltd now owns 1,518 shares of the credit services provider’s stock valued at $179,000 after acquiring an additional 1,400 shares during the period. HPM Partners LLC acquired a new position in Equifax in the fourth quarter valued at about $219,000. IBM Retirement Fund grew its stake in Equifax by 48.2% in the first quarter. IBM Retirement Fund now owns 2,618 shares of the credit services provider’s stock valued at $308,000 after acquiring an additional 852 shares during the period. Finally, Commerzbank Aktiengesellschaft FI acquired a new position in Equifax in the first quarter valued at about $320,000. 90.18% of the stock is owned by hedge funds and other institutional investors.

About Equifax

Equifax Inc provides information solutions and human resources business process outsourcing services for businesses, governments, and consumers. The company operates through four segments: U.S. Information Solutions (USIS), International, Workforce Solutions, and Global Consumer Solutions. The USIS segment offers consumer and commercial information services, such as credit information and credit scoring, credit modeling and portfolio analytics, locate, fraud detection and prevention, identity verification, and other consulting; mortgage loan origination information; financial marketing; and identity management services.

Accumulate Dixon Technologies; target of Rs 3430: Dolat Capital

Dolat Capital's research report on Dixon Technologies

Dixon Technologies came up with the IPO in FY18 and got a great response from investors with a 117x subscription. From its IPO proceed of ` 600mn, company spent `.220mn for loan repayment and `75mn for setting up the plant at Tirupati for LED TVs. There is security premium of ` 596mn raised from the IPO issue reflected in the reserves.

Outlook

We expect TV and washing machine volumes to drive growth for Dixon in FY19. We have an Accumulate rating for the stock with a TP of ` 3,430 valuing stock at 33x for FY20 EPS.

For all recommendations report,�click here

Disclaimer:�The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Read More First Published on Jul 10, 2018 03:33 pm

Why markets may cheer any weakness in jobs report

June hiring is expected to be strong, but markets may find some relief if the Friday employment report contains a softer jobs number and squishy wage growth.

The reason is the so-called yield curve has been quietly worrying the market, raising concerns that the Fed is moving too fast and the economy will not be strong enough for many more rate hikes.

In this case, the yield curve is the spread between the 2-year Treasury yield and 10-year Treasury yield, at just 28 basis points Friday morning, an 11-year low. While mostly the purview of the bond market, the yield curve is being widely watched across markets and is getting more and more attention in the stock market.

The flattening of the curve is viewed by some as a warning about coming economic weakness, but traders also view it as a warning sign the Fed may be moving too quickly and could bring on a recession.

The flattening also is takes the curve ever closer to an inversion �� which occurs when the short term yield, or the 2-year, rises above the longer term security's yield, or the 10-year. That has been a reliable indicator of a recession.

The 2-year yield, at 2.55 percent Friday, has been rising on expectations for Fed interest rate hikes, with the next quarter point raise expected in September. Meanwhile, the 10-year yield is not making much traction and does not reflect the real strength of the economy. Instead it is anchored by lower interest rates globally, but it also reflects worries about things like trade wars or other potential shocks that could harm the economy.

Economists expect 195,000 jobs were created in June, and that unemployment held steady at 3.8 percent, according to Thomson Reuters. Average hourly wages were expected to have gained 0.3 percent in the month, or 2.8 percent annually. Weaker wage growth would signal a lack of pressure on inflation, and that could give the Fed some breathing room.

The job growth may be tough to figure out if it's soft. There could be just too few workers to fill available jobs, or something more concerning - that companies are starting to hold off on hiring plans because trade actions, like the escalating tariff feud between the U.S. and China, are creating uncertainty.

Stock futures were slightly weaker ahead of the jobs report, and bond yields were slightly lower.

What to Do When Your Boss Keeps Denying Your Vacation Requests

If there's one thing Americans on a whole are bad at, it's taking time away from the office. Last year, 21% of U.S. workers left vacation days on the table, and the reasons ran the gamut from having too much to do at the office to not wanting to deal with the aftermath of going away.

But what happens when you try to take vacation, only to have your requests continuously denied? The last thing you want is to not use your paid time off, but how do you take advantage of your vacation days when your manager never lets you take them? If you're stuck in this tricky situation, here are a few tactics that might help.

IMAGE SOURCE: GETTY IMAGES.

1. Ask for time off during slower periods at work

Requesting time off during the busiest periods of the year means putting your manager in a tough spot. Your boss might want to give you that time off, but if doing so puts the business at risk, he or she can't afford to do it. So don't set yourself up for disappointment and put your boss in a position where he or she needs to make you unhappy. Instead, plan your time away from the office during calmer periods. For example, if work tends to slow down during the summer, ask for some vacation time then. Similarly, avoid asking for time off during the winter holidays, when there's a good chance the majority of your colleagues are clamoring for it as well.

2. Request time off after completing major projects

Your boss might hesitate to grant you time off if he or she knows that you're needed for a big project that's still in the works. A better bet, therefore, is to request time off after major initiatives are completed successfully. For example, if you're an IT manager who's tasked with rolling out a new software for the entire company to use, wait until that system is up and running bug-free to ask for a few days out of the office. Not only will your manager be less nervous about saying yes, but he or she will have a harder time denying your request on the heels of a major effort and win.

3. Enlist some backup help before talking to your boss about vacation time

If you're responsible for a number of important tasks, then your boss might hesitate to let you take time off for fear that things will just collapse in your absence. That's why it pays to come to your manager with a backup system of sorts already in place before requesting time off. For example, imagine that a big part of your job is to provide your company with marketing data -- data it needs on a consistent basis. If you train a colleague to pull that data and package it up in a neat report, and then let your boss know that you've taken that step, your manager might loosen the reins and grant that much-needed escape.

Not only do you deserve time off, but you probably need it to maintain your sanity. If your boss keeps saying no every time you ask for vacation, and the above tactics don't help, then you may have no choice but to take the matter to your human resources department. This especially holds true if your company has a use-it-or-lose-it vacation day policy, and you can't carry time off from one calendar year to the next. The last thing you want is to miss out on a key benefit you're entitled to just like everybody else.