NV5 Global (NASDAQ:NVEE) Earns "Hold" Rating from Maxim Group

NV5 Global (NASDAQ:NVEE - Get Free Report)'s stock had its "hold" rating reissued by research analysts at Maxim Group in a research report issued to clients and investors on Thursday, MarketBeat.com reports.

Other analysts also recently issued research reports about the company. Lake Street Capital downgraded NV5 Global from a "buy" rating to a "hold" rating in a research report on Thursday, May 15th. Wall Street Zen cut NV5 Global from a "buy" rating to a "hold" rating in a report on Wednesday, May 14th. Sidoti upgraded NV5 Global to a "hold" rating in a report on Friday, May 16th. William Blair reiterated a "market perform" rating on shares of NV5 Global in a report on Thursday, May 15th. Finally, CJS Securities cut NV5 Global from a "strong-buy" rating to a "hold" rating in a report on Tuesday, June 10th. Seven research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $25.67.

NV5 Global Stock Down 0.3%

Shares of NASDAQ:NVEE traded down $0.06 during midday trading on Thursday, reaching $23.16. The company had a trading volume of 599,205 shares, compared to its average volume of 515,956. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.27. The business's 50 day moving average price is $21.55 and its 200 day moving average price is $19.23. The stock has a market cap of $1.55 billion, a PE ratio of 46.79, a P/E/G ratio of 1.47 and a beta of 1.13. NV5 Global has a 1-year low of $14.75 and a 1-year high of $26.14.

NV5 Global (NASDAQ:NVEE - Get Free Report) last released its earnings results on Thursday, May 1st. The business services provider reported $0.17 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.20 by ($0.03). The company had revenue of $123.20 million during the quarter, compared to analyst estimates of $229.89 million. NV5 Global had a net margin of 3.19% and a return on equity of 9.12%. Research analysts forecast that NV5 Global will post 1.26 EPS for the current fiscal year.

Institutional Investors Weigh In On NV5 Global

Institutional investors have recently made changes to their positions in the company. BNP Paribas boosted its holdings in shares of NV5 Global by 300.0% during the fourth quarter. BNP Paribas now owns 1,400 shares of the business services provider's stock worth $26,000 after acquiring an additional 1,050 shares during the period. Sterling Capital Management LLC boosted its holdings in shares of NV5 Global by 3,320.5% during the fourth quarter. Sterling Capital Management LLC now owns 1,505 shares of the business services provider's stock worth $28,000 after acquiring an additional 1,461 shares during the period. Vermillion & White Wealth Management Group LLC boosted its holdings in shares of NV5 Global by 200.0% during the first quarter. Vermillion & White Wealth Management Group LLC now owns 3,000 shares of the business services provider's stock worth $58,000 after acquiring an additional 2,000 shares during the period. GAMMA Investing LLC boosted its holdings in shares of NV5 Global by 9,916.7% during the first quarter. GAMMA Investing LLC now owns 3,005 shares of the business services provider's stock worth $58,000 after acquiring an additional 2,975 shares during the period. Finally, Signaturefd LLC bought a new stake in shares of NV5 Global during the first quarter worth approximately $66,000. Institutional investors own 75.54% of the company's stock.

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.