NV5 Global Inc (NASDAQ:NVEE) Chairman Dickerson Wright sold 10,000 shares of the stock in a transaction dated Monday, March 12th. The stock was sold at an average price of $54.51, for a total value of $545,100.00. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.
NV5 Global Inc (NASDAQ:NVEE) traded up $1.80 during trading on Thursday, hitting $57.50. The stock had a trading volume of 120,322 shares, compared to its average volume of 75,995. The stock has a market cap of $593.55, a P/E ratio of 25.54, a price-to-earnings-growth ratio of 0.89 and a beta of 1.27. The company has a current ratio of 2.54, a quick ratio of 2.54 and a debt-to-equity ratio of 0.41. NV5 Global Inc has a 52 week low of $35.20 and a 52 week high of $58.95.
NV5 Global (NASDAQ:NVEE) last released its quarterly earnings data on Thursday, March 8th. The business services provider reported $0.71 EPS for the quarter, topping analysts’ consensus estimates of $0.63 by $0.08. The company had revenue of $93.98 million for the quarter, compared to the consensus estimate of $96.35 million. NV5 Global had a return on equity of 16.44% and a net margin of 7.21%. analysts expect that NV5 Global Inc will post 3.07 EPS for the current fiscal year.
Several institutional investors have recently added to or reduced their stakes in NVEE. Wells Fargo & Company MN raised its holdings in shares of NV5 Global by 2.5% in the 2nd quarter. Wells Fargo & Company MN now owns 5,083 shares of the business services provider’s stock worth $216,000 after purchasing an additional 126 shares during the period. Northern Trust Corp raised its holdings in shares of NV5 Global by 6.2% in the 2nd quarter. Northern Trust Corp now owns 120,024 shares of the business services provider’s stock worth $5,102,000 after purchasing an additional 6,997 shares during the period. Vanguard Group Inc. raised its holdings in shares of NV5 Global by 7.5% in the 2nd quarter. Vanguard Group Inc. now owns 337,429 shares of the business services provider’s stock worth $14,341,000 after purchasing an additional 23,486 shares during the period. Parametric Portfolio Associates LLC grew its stake in shares of NV5 Global by 67.7% in the second quarter. Parametric Portfolio Associates LLC now owns 24,479 shares of the business services provider’s stock valued at $1,040,000 after buying an additional 9,883 shares in the last quarter. Finally, State Street Corp grew its stake in shares of NV5 Global by 13.9% in the second quarter. State Street Corp now owns 127,923 shares of the business services provider’s stock valued at $5,438,000 after buying an additional 15,601 shares in the last quarter. Institutional investors own 56.52% of the company’s stock.
Several equities analysts recently weighed in on NVEE shares. BidaskClub upgraded NV5 Global from a “hold” rating to a “buy” rating in a research report on Friday, December 22nd. Zacks Investment Research downgraded NV5 Global from a “buy” rating to a “hold” rating in a report on Friday, January 5th. Three research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Buy” and an average price target of $58.80.
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NV5 Global Company Profile
NV5 Global, Inc, formerly NV5 Holdings, Inc, is a holding company. The Company provides professional and technical engineering and consulting solutions to public and private sector clients in the infrastructure, energy, construction, real estate and environmental markets. It focuses on five business verticals: construction quality assurance, infrastructure, energy, program management, and environmental solutions.
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