Currently, there are 65.65M common shares owned by the public and among those 57.36M shares have been available to trade.
The company’s stock has a 5-day price change of 0.41% and 22.12% over the past three months. NVEE shares are trading 17.52% year to date (YTD), with the 12-month market performance down to -6.77% lower. It has a 12-month low price of $14.75 and touched a high of $26.14 over the same period. NVEE has an average intraday trading volume of 698.59K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 11.15%, 19.50%, and 8.31% respectively.
Institutional ownership of NV5 Global Inc (NASDAQ: NVEE) shares accounts for 77.21% of the company’s 65.65M shares outstanding.
It has a market capitalization of $1.45B and a beta (3y monthly) value of 1.14. The stock’s trailing 12-month PE ratio is 45.21, while the earnings-per-share (ttm) stands at $0.49. The company has a PEG of 2.75 and a Quick Ratio of 1.86 with the debt-to-equity ratio at 0.29. Price movements for the stock have been influenced by the stock’s volatility, which stands at 0.72% over the week and 4.28% over the month.
Analysts forecast that NV5 Global Inc (NVEE) will achieve an EPS of 0.31 for the current quarter, 0.42 for the next quarter and 1.48 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.26 while analysts give the company a high EPS estimate of 0.26. Comparatively, EPS for the current quarter was 0.31 a year ago. Earnings per share for the fiscal year are expected to increase by 14.25%, and 13.30% over the next financial year. EPS should grow at an annualized rate of 16.45% over the next five years, compared to -1.28% over the past 5-year period.
Maxim Group coverage for the NV5 Global Inc (NVEE) stock in a research note released on May 05, 2023 offered a Buy rating with a price target of $125. Robert W. Baird was of a view on January 10, 2022 that the stock is Neutral, while Robert W. Baird gave the stock Outperform rating on March 15, 2021, issuing a price target of $115. Sidoti on their part issued Buy rating on August 24, 2020.
