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NV5 Global (NVEE) Set to Announce Quarterly Earnings on Wednesday

NV5 Global logo with Business Services background

NV5 Global (NASDAQ:NVEE - Get Free Report) is set to post its quarterly earnings results after the market closes on Wednesday, October 30th. Analysts expect NV5 Global to post earnings of $1.78 per share for the quarter. NV5 Global has set its FY24 guidance at $5.13-$5.20 EPS and its FY 2024 guidance at 5.130-5.200 EPS.Individual interested in listening to the company's earnings conference call can do so using this link.

NV5 Global (NASDAQ:NVEE - Get Free Report) last posted its quarterly earnings data on Wednesday, August 7th. The business services provider reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.01. The company had revenue of $236.33 million for the quarter, compared to analysts' expectations of $235.58 million. NV5 Global had a net margin of 3.49% and a return on equity of 9.08%. NV5 Global's revenue for the quarter was up 6.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.32 earnings per share. On average, analysts expect NV5 Global to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

NV5 Global Price Performance

Shares of NVEE stock traded down $0.93 during trading on Wednesday, hitting $22.29. The company had a trading volume of 452,479 shares, compared to its average volume of 323,100. The company has a quick ratio of 2.29, a current ratio of 2.29 and a debt-to-equity ratio of 0.31. The stock's 50-day moving average is $23.21 and its two-hundred day moving average is $23.49. The stock has a market capitalization of $1.45 billion, a price-to-earnings ratio of 43.92, a price-to-earnings-growth ratio of 1.29 and a beta of 1.17. NV5 Global has a 52 week low of $21.76 and a 52 week high of $28.75.

Insider Buying and Selling at NV5 Global

In other NV5 Global news, Director Tardan Francois sold 6,644 shares of the firm's stock in a transaction on Monday, August 26th. The stock was sold at an average price of $24.08, for a total transaction of $159,987.52. Following the completion of the transaction, the director now owns 20,600 shares of the company's stock, valued at approximately $496,048. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 12.40% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. StockNews.com cut shares of NV5 Global from a "buy" rating to a "hold" rating in a research report on Saturday. Roth Mkm reaffirmed a "buy" rating and issued a $32.50 price target (up previously from $32.00) on shares of NV5 Global in a research note on Thursday, August 8th.

Check Out Our Latest Report on NV5 Global

About NV5 Global

(Get Free Report)

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.

Further Reading

Earnings History for NV5 Global (NASDAQ:NVEE)

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