Navigant Partners with TROVE to Enhance Product Portfolio

NCI

Navigant Consulting, Inc.(NCI - Free Report) recently entered into a strategic partnership with TROVE to enable utilities harness the combined power of predictive data science and an analytics platform.

Headquartered in Buffalo, NY, TROVE offers customers data-science technology to help make data useful for the utility, smart-home, and other data-intensive industries.

Per this strategic alliance, Navigant’s deep industry and process expertise will be combined with TROVE’s best in class data science capabilities which will integrate their newly launched TROVE Platform. TROVE’s Platform provides open architecture, scale, and data-science insights required to convert a utility’s latent data into an enhanced strategic asset.

This partnership will help balance supply and demand more precisely while delivering better service levels and enhancing customer satisfaction, in turn, reducing costs. This would help the company boost its revenues in the near future.

Navigant outperformed the Consulting Services industry with an average loss of 0.4% compared with 4.2% decline for the latter, over the last 30 days. The company is focusing on corporate development to build a robust pipeline of investment opportunities which is in line with its growth strategy. All these measures augur well for its long-term growth.

Headquartered in Chicago, IL, Navigant is a provider of specialized consulting services. Its staff of seasoned consultants and industry leaders provides litigation support and investigative services, claims management and analysis, corporate finance services, discovery services, government contracting services as well as operations advisory and management process outsourcing services.

Navigant currently carries a Zacks Rank 2 (Buy). Some other top stocks in the same space include CRA International, Inc. (CRAI), CBIZ, Inc. (CBZ) and TransUnion (TRU), each carrying a Zacks Rank #2 .You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

CRA International has a long-term earnings growth expectation of 8% and is currently trading at a forward P/E of 24.6x.

TransUnion has long-term earnings growth expectation of 12.8%. It topped estimates in each of the trailing four quarters with an average positive earnings surprise of 13.6%.

CBIZ, Inc.  is currently trading at a forward P/E of 17.35x.

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