NV5 Global, Inc. (NASDAQ:NVEE - Free Report) - Equities researchers at William Blair lifted their Q4 2024 EPS estimates for NV5 Global in a research note issued to investors on Wednesday, October 16th. William Blair analyst T. Mulrooney now forecasts that the business services provider will post earnings per share of $0.39 for the quarter, up from their previous estimate of $0.39. The consensus estimate for NV5 Global's current full-year earnings is $5.12 per share. William Blair also issued estimates for NV5 Global's Q1 2025 earnings at $0.21 EPS, Q2 2025 earnings at $0.33 EPS, Q3 2025 earnings at $0.42 EPS and Q4 2025 earnings at $0.42 EPS.
NV5 Global (NASDAQ:NVEE - Get Free Report) last released its earnings results on Wednesday, August 7th. The business services provider reported $1.24 earnings per share for the quarter, beating analysts' consensus estimates of $1.21 by $0.03. NV5 Global had a return on equity of 9.08% and a net margin of 3.49%. The firm had revenue of $236.33 million during the quarter, compared to the consensus estimate of $235.58 million. During the same period in the prior year, the company posted $1.29 EPS. The company's revenue was up 6.1% compared to the same quarter last year.
A number of other analysts also recently weighed in on the stock. Roth Mkm reaffirmed a "buy" rating and set a $130.00 price target (up previously from $128.00) on shares of NV5 Global in a report on Thursday, August 8th. StockNews.com upgraded shares of NV5 Global from a "hold" rating to a "buy" rating in a research report on Friday, October 11th.
Read Our Latest Analysis on NV5 Global
NV5 Global Price Performance
NVEE traded down $0.05 on Friday, hitting $23.52. 261,631 shares of the stock were exchanged, compared to its average volume of 323,643. The firm has a market capitalization of $379.75 million, a price-to-earnings ratio of 9.30, a PEG ratio of 1.28 and a beta of 1.17. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.29 and a quick ratio of 2.29. NV5 Global has a 12 month low of $21.76 and a 12 month high of $28.75. The business has a 50-day moving average of $84.54 and a two-hundred day moving average of $91.10.
Insider Buying and Selling at NV5 Global
In related news, Director Tardan Francois sold 1,661 shares of the company's stock in a transaction that occurred on Monday, August 26th. The shares were sold at an average price of $96.32, for a total transaction of $159,987.52. Following the completion of the transaction, the director now directly owns 5,150 shares in the company, valued at $496,048. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 12.40% of the company's stock.
Institutional Investors Weigh In On NV5 Global
Several hedge funds have recently modified their holdings of NVEE. Vanguard Group Inc. boosted its stake in shares of NV5 Global by 3.9% during the fourth quarter. Vanguard Group Inc. now owns 950,477 shares of the business services provider's stock valued at $105,617,000 after purchasing an additional 35,291 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in NV5 Global by 603.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 3,059 shares of the business services provider's stock worth $340,000 after buying an additional 2,624 shares during the period. Tributary Capital Management LLC grew its holdings in NV5 Global by 38.4% during the 1st quarter. Tributary Capital Management LLC now owns 172,941 shares of the business services provider's stock worth $16,950,000 after acquiring an additional 47,945 shares during the last quarter. Azzad Asset Management Inc. ADV grew its holdings in NV5 Global by 69.6% during the 1st quarter. Azzad Asset Management Inc. ADV now owns 7,284 shares of the business services provider's stock worth $714,000 after acquiring an additional 2,989 shares during the last quarter. Finally, Taylor Frigon Capital Management LLC raised its stake in shares of NV5 Global by 5.1% during the first quarter. Taylor Frigon Capital Management LLC now owns 32,471 shares of the business services provider's stock valued at $3,182,000 after acquiring an additional 1,583 shares during the last quarter. Institutional investors and hedge funds own 75.54% of the company's stock.
NV5 Global Company Profile
(
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NV5 Global, Inc provides technology, conformity assessment, consulting solutions, and software applications to public and private sector clients in the infrastructure, utility services, construction, real estate, environmental, and geospatial markets in the United States and internationally. It operates through three segments: Infrastructure; Building, Technology & Sciences; and Geospatial Solutions.
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