NV5 Global (NVEE) Scheduled to Post Earnings on Wednesday

NV5 Global (NASDAQ:NVEE) will be announcing its earnings results after the market closes on Wednesday, October 30th. Analysts expect the company to announce earnings of $1.78 per share for the quarter. NV5 Global has set its FY24 guidance at $5.13-$5.20 EPS and its FY 2024 guidance at 5.130-5.200 EPS.Parties that wish to listen to the company’s conference call can do so using this link.

NV5 Global (NASDAQ:NVEE) last posted its quarterly earnings data on Wednesday, August 7th. The business services provider reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.01. The business had revenue of $236.33 million during the quarter, compared to the consensus estimate of $235.58 million. NV5 Global had a net margin of 3.49% and a return on equity of 9.08%. NV5 Global’s quarterly revenue was up 6.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.32 EPS. On average, analysts expect NV5 Global to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

NV5 Global Stock Performance

Shares of NASDAQ NVEE opened at $21.88 on Monday. The business’s 50 day moving average is $23.12 and its two-hundred day moving average is $23.46. The company has a market cap of $1.42 billion, a P/E ratio of 43.11, a P/E/G ratio of 1.28 and a beta of 1.17. The company has a quick ratio of 2.29, a current ratio of 2.29 and a debt-to-equity ratio of 0.31. NV5 Global has a 12 month low of $21.54 and a 12 month high of $28.75.

Insider Buying and Selling at NV5 Global

In related news, Director Tardan Francois sold 6,644 shares of NV5 Global stock in a transaction dated Monday, August 26th. The stock was sold at an average price of $24.08, for a total value of $159,987.52. Following the completion of the transaction, the director now directly owns 20,600 shares of the company’s stock, valued at $496,048. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 12.40% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. StockNews.com downgraded shares of NV5 Global from a “buy” rating to a “hold” rating in a research note on Saturday, October 19th. Roth Mkm restated a “buy” rating and issued a $32.50 target price (up previously from $32.00) on shares of NV5 Global in a research note on Thursday, August 8th.

About NV5 Global

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.