NASDAQ:NVEE

NV5 Global (NVEE) Stock Forecast, Price & News

$96.23

-0.20 (-0.21%)

(As of 09/29/2023 ET)

Compare

Today's Range: $95.27
▼
$97.04
50-Day Range: $94.85
▼
$110.67
52-Week Range: $89.30
▼
$154.97

Volume: 101,042 shs
Average Volume: 65,176 shs
Market Capitalization: $1.53 billion

P/E Ratio: 32.51
Dividend Yield: N/A
Price Target: $124.67

NV5 Global MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 29.6% Upside
$124.67 Price Target
Short Interest: Healthy
2.14% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
$333,900 Sold Last Quarter
Proj. Earnings Growth: 11.88%
From $5.22 to $5.84 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.61 out of 5 stars

Business Services Sector

51st out of 321 stocks

Miscellaneous Business Services Industry

1st out of 6 stocks

3.4

Analyst's Opinion

Consensus Rating
NV5 Global has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $124.67, NV5 Global has a forecasted upside of 29.6% from its current price of $96.23.
Amount of Analyst Coverage
NV5 Global has only been the subject of 2 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.14% of the float of NV5 Global has been sold short.
Short Interest Ratio / Days to Cover
NV5 Global has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in NV5 Global has recently increased by 3.87%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
NV5 Global does not currently pay a dividend.
Dividend Growth
NV5 Global does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for NVEE.

3.3

News and Social Media Coverage

News Sentiment
NV5 Global has a news sentiment score of 1.87. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.69 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 1 news article for NV5 Global this week, compared to 3 articles on an average week.
MarketBeat Follows
1 people have added NV5 Global to their MarketBeat watchlist in the last 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, NV5 Global insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $333,900.00 in company stock.
Percentage Held by Insiders
12.40% of the stock of NV5 Global is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
71.93% of the stock of NV5 Global is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for NV5 Global are expected to grow by 11.88% in the coming year, from $5.22 to $5.84 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of NV5 Global is 32.51, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 106.66.
Price to Earnings Ratio vs. Sector
The P/E ratio of NV5 Global is 32.51, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 28.99.
Price to Earnings Growth Ratio
NV5 Global has a PEG Ratio of 1.25. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
NV5 Global has a P/B Ratio of 2.16. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About NV5 Global (NASDAQ:NVEE) Stock

NV5 Global, Inc. offers professional and technical engineering and consulting solutions to public and private sector clients in the infrastructure, utility services, construction, real estate, and environmental markets in the United States and internationally. It operates through three segments: Infrastructure; Building, Technology & Sciences; and Geospatial Solutions. The company offers site selection and planning, design, water resources, structural engineering, land development, surveying, power delivery, building code compliance, and other services. Further, it is engaged in construction of highways, bridges and tunnels; development of rail and light rail systems; provision of services related to street and roadway construction; and construction materials testing and engineering, geotechnical engineering and consulting, and forensic consulting services. The company also provides governmental outsourcing and consulting, and technical outsourcing services; and geospatial data analytic and mapping services. In addition, it offers mechanical, electrical, and plumbing design; commissioning; energy performance, management, and optimization; climate change and reducing CO2 emissions; building program management; acoustical design consulting; and audiovisualsecurity and surveillanceinformation technologydata center services. Further, the company provides various services, such as investigating and analyzing environmental conditions, and recommending corrective measures and procedures; occupational health and safety services; radiation exposure and protection, and nuclear safety and industrial hygiene analyses services; hydrogeological modeling and environmental programs. The company was formerly known as NV5 Holdings, Inc. and changed its name to NV5 Global, Inc. in December 2015. NV5 Global, Inc. was founded in 1949 and is headquartered in Hollywood, Florida.

NVEE Price History

30 days | 90 days | 365 days | Advanced Chart

NVEE Stock News Headlines

August 23, 2023 | finance.yahoo.com

NV5 Awarded $25 Million in Resident Inspection Services by the New York City Department of Design and Construction

August 15, 2023 | nasdaq.com

Roth MKM Reiterates NV5 Global (NVEE) Buy Recommendation

October 1, 2023 | Legacy Research (Ad)

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August 11, 2023 | finance.yahoo.com

NV5 Global, Inc. (NASDAQ:NVEE) Q2 2023 Earnings Call Transcript

August 10, 2023 | finance.yahoo.com

Q2 2023 NV5 Global Inc Earnings Call

August 9, 2023 | finance.yahoo.com

NV5 Global (NVEE) Q2 Earnings Miss Estimates

August 9, 2023 | sfgate.com

NV5: Q2 Earnings Snapshot

August 9, 2023 | finance.yahoo.com

NV5 Announces Second Quarter Results; Exceeds Analyst Consensus

October 1, 2023 | Behind the Markets (Ad)

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August 9, 2023 | seekingalpha.com

NV5 Global, Inc. 2023 Q2 - Results - Earnings Call Presentation

August 8, 2023 | bizjournals.com

NV5 Global buys Asia-based tech company

August 8, 2023 | finance.yahoo.com

NV5 Acquires Red Technologies, Strengthens Data Center and Mission Critical Services in Asia Pacific

July 27, 2023 | finance.yahoo.com

NV5 Awarded $16 Million Contract for Combined Sewer Overflow Reduction by the New York City Department of Environmental Protection

July 25, 2023 | finance.yahoo.com

NV5 Awarded $11 million in Utility Undergrounding, Battery Storage, and Distribution Reliability Contracts

June 22, 2023 | reuters.com

Exclusive: Engineering consultant NV5 Global explores sale -sources

June 21, 2023 | finance.yahoo.com

NV5 (NVEE) Soars 7.6%: Is Further Upside Left in the Stock?

June 20, 2023 | reuters.com

Exclusive: Engineering consultant NV5 Global explores sale

June 20, 2023 | finance.yahoo.com

Exclusive-Engineering consultant NV5 Global explores sale -sources

June 14, 2023 | finance.yahoo.com

National Geospatial Intelligence Agency Selects Recent NV5 Acquisition Axim Geospatial for Geospatial Contract Valued Up to $900 Million

June 5, 2023 | finance.yahoo.com

Are NV5 Global, Inc.'s (NASDAQ:NVEE) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?

May 30, 2023 | benzinga.com

NV5 Global Stock (NASDAQ:NVEE), Insider Trading Activity

May 29, 2023 | finance.yahoo.com

Here’s Why NV5 Global (NVEE) Declined in Q1

May 25, 2023 | msn.com

NV5 Global bags $13M clean energy, energy efficiency contracts

May 25, 2023 | finance.yahoo.com

NV5 Awarded $13 Million Clean Energy and Energy Efficiency Contracts

May 18, 2023 | finance.yahoo.com

NV5 to Host 2023 Investor Day on Thursday, July 27th

May 6, 2023 | msn.com

Maxim Group Upgrades NV5 Global (NVEE)

May 5, 2023 | msn.com

Baird Maintains NV5 Global (NVEE) Outperform Recommendation

See More Headlines

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NVEE Company Calendar

Last Earnings: 8/09/2023
Today: 10/01/2023
Next Earnings (Estimated): 11/02/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Miscellaneous business services
Sub-Industry: N/A
Sector: Business Services
Current Symbol: NASDAQ:NVEE
CUSIP: N/A
CIK: 1532961
Web: www.nv5.com
Phone: (954) 495-2112
Fax: 954-495-2101
Employees: 3,644
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $124.67
High Stock Price Forecast: $136.00
Low Stock Price Forecast: $113.00
Forecasted Upside/Downside: +29.6%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.75
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.96
Trailing P/E Ratio: 32.51
Forward P/E Ratio: 18.43
P/E Growth: 1.25
Net Income: $49.97 million
Net Margins: 5.67%
Pretax Margin: 6.64%
Return on Equity: 10.56%
Return on Assets: 7.21%

Debt

Debt-to-Equity Ratio: 0.28
Current Ratio: 1.84
Quick Ratio: 1.84

Sales & Book Value

Annual Sales: $786.78 million
Price / Sales: 1.94
Cash Flow: $7.97 per share
Price / Cash Flow: 12.07
Book Value: $44.62 per share
Price / Book: 2.16

Miscellaneous

Outstanding Shares: 15,890,000
Free Float: 13,920,000
Market Cap: $1.53 billion
Optionable: Optionable
Beta: 1.22

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Key Executives

Mr. Dickerson Wright P.E. (Age 76)
Chairman & CEO
Comp: $743.02k

Mr. Alexander A. Hockman P.E. (Age 65)
PE, Pres, COO & Director
Comp: $486.33k

Mr. Edward H. Codispoti (Age 51)
Chief Financial Officer
Comp: $376.88k

Mr. Richard Tong Esq. (Age 54)
Exec. VP & Gen. Counsel
Comp: $357.47k

Mr. Donald C. Alford MBA (Age 79)
Exec. VP
Comp: $354.58k

Ms. Mary Jo E. O'Brien (Age 60)
Exec. VP, Chief Admin. Officer, Sec. & Director

Jack Cochran
VP of Marketing & Investor Relations

Mr. Kevin Wedman CBO
CBO, Sr. VP & Director of ENERGY 2021

Mr. Todd George
Chief Operating Officer of Infrastructure - West

Mr. Scott Kvandal PE
Chief Synergy Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

NVEE Stock - Frequently Asked Questions

Should I buy or sell NV5 Global stock right now?: 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NV5 Global in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" NVEE shares.
View NVEE analyst ratings or view top-rated stocks.
What is NV5 Global's stock price forecast for 2023?: 4 Wall Street research analysts have issued 1 year price targets for NV5 Global's stock. Their NVEE share price forecasts range from $113.00 to $136.00. On average, they predict the company's share price to reach $124.67 in the next year. This suggests a possible upside of 29.6% from the stock's current price.
View analysts price targets for NVEE or view top-rated stocks among Wall Street analysts.
How have NVEE shares performed in 2023?: NV5 Global's stock was trading at $132.32 at the start of the year. Since then, NVEE stock has decreased by 27.3% and is now trading at $96.23.
View the best growth stocks for 2023 here.
When is NV5 Global's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our NVEE earnings forecast.
How were NV5 Global's earnings last quarter?: NV5 Global, Inc. (NASDAQ:NVEE) issued its earnings results on Wednesday, August, 9th. The business services provider reported $1.29 EPS for the quarter, missing the consensus estimate of $1.31 by $0.02. The business services provider earned $222.64 million during the quarter, compared to analyst estimates of $220 million. NV5 Global had a trailing twelve-month return on equity of 10.56% and a net margin of 5.67%.
What ETFs hold NV5 Global's stock?: ETFs with the largest weight of NV5 Global (NASDAQ:NVEE) stock in their portfolio include SPDR S&P Kensho Intelligent Structures ETF (SIMS) and Procure Disaster Recovery Strategy ETF (FIXT).Procure Disaster Recovery Strategy ETF (FEMA).
What guidance has NV5 Global issued on next quarter's earnings?: NV5 Global updated its FY 2023 earnings guidance on Thursday, August, 10th. The company provided EPS guidance of $5.28-$5.69 for the period, compared to the consensus EPS estimate of $5.28. The company issued revenue guidance of $878.00 million-$915.00 million, compared to the consensus revenue estimate of $876.67 million.

What is Dickerson Wright's approval rating as NV5 Global's CEO?: 39 employees have rated NV5 Global Chief Executive Officer Dickerson Wright on Glassdoor.com. Dickerson Wright has an approval rating of 45% among the company's employees. This puts Dickerson Wright in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of NV5 Global own?: Based on aggregate information from My MarketBeat watchlists, some companies that other NV5 Global investors own include Alibaba Group (BABA), Splunk (SPLK), NVIDIA (NVDA), Trade Desk (TTD), Okta (OKTA), Block (SQ), AbbVie (ABBV), Arista Networks (ANET), Alteryx (AYX) and Cisco Systems (CSCO).
What is NV5 Global's stock symbol?: NV5 Global trades on the NASDAQ under the ticker symbol "NVEE."
How do I buy shares of NV5 Global?: Shares of NVEE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is NV5 Global's stock price today?: One share of NVEE stock can currently be purchased for approximately $96.23.
How much money does NV5 Global make?: NV5 Global (NASDAQ:NVEE) has a market capitalization of $1.53 billion and generates $786.78 million in revenue each year. The business services provider earns $49.97 million in net income (profit) each year or $2.96 on an earnings per share basis.
How many employees does NV5 Global have?: The company employs 3,644 workers across the globe.
How can I contact NV5 Global?: NV5 Global's mailing address is 200 SOUTH PARK ROAD SUITE 350, HOLLYWOOD FL, 33021. The official website for the company is www.nv5.com. The business services provider can be reached via phone at (954) 495-2112, via email at ir@nv5.com, or via fax at 954-495-2101.

This page (NASDAQ:NVEE) was last updated on 10/1/2023 by MarketBeat.com Staff

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