NV5 Global (NVEE) to Release Earnings on Wednesday

NV5 Global (NASDAQ:NVEE) will be posting its quarterly earnings results after the market closes on Wednesday, May 8th. Analysts expect NV5 Global to post earnings of $0.85 per share for the quarter. NV5 Global has set its FY 2024 guidance at 5.000-5.060 EPS.Individual that are interested in registering for the company’s earnings conference call can do so using this link.

NV5 Global (NASDAQ:NVEE) last announced its quarterly earnings data on Thursday, February 22nd. The business services provider reported $1.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.22 by ($0.08). The firm had revenue of $215.50 million during the quarter, compared to analysts’ expectations of $216.00 million. NV5 Global had a return on equity of 9.94% and a net margin of 5.18%. During the same period last year, the company earned $1.21 earnings per share. On average, analysts expect NV5 Global to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

NV5 Global Stock Performance

Shares of NASDAQ NVEE opened at $93.24 on Wednesday. The firm has a fifty day moving average price of $97.30 and a 200-day moving average price of $101.39. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.06 and a quick ratio of 2.06. The stock has a market cap of $1.48 billion, a PE ratio of 32.26, a price-to-earnings-growth ratio of 1.19 and a beta of 1.09. NV5 Global has a 1 year low of $88.56 and a 1 year high of $119.56.

Insider Buying and Selling

In other NV5 Global news, VP Donald C. Alford sold 2,459 shares of the stock in a transaction on Friday, March 8th. The shares were sold at an average price of $99.53, for a total transaction of $244,744.27. Following the completion of the transaction, the vice president now owns 3,542 shares in the company, valued at $352,535.26. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other NV5 Global news, VP Donald C. Alford sold 1,000 shares of the stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $100.12, for a total transaction of $100,120.00. Following the completion of the transaction, the vice president now owns 2,541 shares in the company, valued at $254,404.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Donald C. Alford sold 2,459 shares of the stock in a transaction on Friday, March 8th. The shares were sold at an average price of $99.53, for a total transaction of $244,744.27. Following the transaction, the vice president now owns 3,542 shares of the company’s stock, valued at approximately $352,535.26. The disclosure for this sale can be found here. 12.40% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on NVEE shares. TheStreet lowered shares of NV5 Global from a “b-” rating to a “c+” rating in a research report on Wednesday, February 28th. StockNews.com lowered shares of NV5 Global from a “buy” rating to a “hold” rating in a research report on Tuesday, February 27th. One research analyst has rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $119.67.

NV5 Global Company Profile

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.