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NCI, Inc.

January 05, 2009 | Comments: 0
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NCI, Inc.'s (NCIT - Snapshot Report) share price has recently surged higher, above a key level of resistance at $30.

This Zacks #1 rank stock has been a steady player in a tough market. The company has been able to produce consistent results, having beat estimates in each of the last four quarters.

Third-Quarter Results

NCI's fourth-quarter results, reported in November were equal cause for celebration. Income was up 33% from last year to $4.4 million, producing earnings of 32 cents, 2 cents ahead of estimates.

Analyst Estimates

Analyst estimates have been holding in higher ground, with the current-year estimate holding steady at $1.23 per share. The next-year estimate is pegged at $1.44, a 17% earnings growth projection.

The Chart

Shares of NCIT have been rallying since bottoming out just above $18 in late October. More recently, this stock just jumped past a key level of short-term resistance. Take a look below.

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