NV5 Global (NASDAQ:NVEE - Get Free Report) is set to post its quarterly earnings results after the market closes on Thursday, November 7th. Analysts expect NV5 Global to post earnings of $0.45 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 that are interested in participating in the company's earnings conference call can do so using this link.
NV5 Global (NASDAQ:NVEE - Get Free Report) last posted its earnings results on Wednesday, August 7th. The business services provider reported $0.31 earnings per share for the quarter, topping analysts' consensus estimates of $0.30 by $0.01. NV5 Global had a net margin of 3.49% and a return on equity of 9.08%. The business had revenue of $236.33 million for the quarter, compared to analyst estimates of $235.58 million. During the same quarter in the prior year, the firm posted $0.32 EPS. NV5 Global's revenue was up 6.1% on a year-over-year basis. 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 $0.65 during trading hours on Thursday, hitting $22.85. 379,630 shares of the company's stock were exchanged, compared to its average volume of 326,266. The company has a market capitalization of $1.49 billion, a PE ratio of 45.03, a PEG ratio of 1.21 and a beta of 1.17. NV5 Global has a 12-month low of $21.54 and a 12-month high of $28.75. The business's 50 day simple moving average is $23.08 and its 200-day simple moving average is $23.44. The company has a current ratio of 2.29, a quick ratio of 2.29 and a debt-to-equity ratio of 0.31.
Insider Activity
In other news, Director Tardan Francois sold 6,644 shares of the company's stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $24.08, for a total value of $159,987.52. Following the transaction, the director now directly owns 20,600 shares in the company, valued at approximately $496,048. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 12.40% of the company's stock.
Wall Street Analyst Weigh In
A number of brokerages have issued reports on NVEE. StockNews.com cut NV5 Global from a "buy" rating to a "hold" rating in a research note on Saturday, October 19th. Roth Mkm reaffirmed a "buy" rating and issued a $32.50 price objective (up previously from $32.00) on shares of NV5 Global in a research note on Thursday, August 8th.
Check Out Our Latest Report on NVEE
NV5 Global Company Profile
(
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.
Featured Stories
Before you consider NV5 Global, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NV5 Global wasn't on the list.
While NV5 Global currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
