NV5 Global (NVEE) Set to Announce Earnings on Wednesday

NV5 Global (NASDAQ:NVEE) will release its earnings data after the market closes on Wednesday, May 8th. Analysts expect NV5 Global to post earnings of $0.85 per share for the quarter. NV5 Global has set its FY 2024 guidance at 5.000-5.060 EPS.Individual that wish to register for the company’s earnings conference call can do so using this link.

NV5 Global (NASDAQ:NVEE) last posted its quarterly earnings data on Thursday, February 22nd. The business services provider reported $1.14 earnings per share for the quarter, missing analysts’ consensus estimates of $1.22 by ($0.08). NV5 Global had a return on equity of 9.94% and a net margin of 5.18%. The firm had revenue of $215.50 million during the quarter, compared to analysts’ expectations of $216.00 million. During the same period last year, the company earned $1.21 earnings per share. On average, analysts expect NV5 Global to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

NV5 Global Stock Up 0.7 %

Shares of NASDAQ:NVEE opened at $93.79 on Monday. The firm has a market capitalization of $1.51 billion, a PE ratio of 32.45, a price-to-earnings-growth ratio of 1.19 and a beta of 1.09. The business has a 50 day simple moving average of $96.46 and a two-hundred day simple moving average of $101.09. NV5 Global has a 1 year low of $88.56 and a 1 year high of $119.56. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.06 and a quick ratio of 2.06.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on NVEE. TheStreet cut NV5 Global from a “b-” rating to a “c+” rating in a report on Wednesday, February 28th. StockNews.com lowered shares of NV5 Global from a “buy” rating to a “hold” rating in a research note on Tuesday, February 27th.

Insider Activity

In related news, VP Donald C. Alford sold 2,459 shares of the stock in a transaction that occurred on Friday, March 8th. The stock was sold at an average price of $99.53, for a total value of $244,744.27. Following the transaction, the vice president now owns 3,542 shares of the company’s stock, valued at $352,535.26. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other news, VP Donald C. Alford sold 1,000 shares of the business’s stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $100.12, for a total value of $100,120.00. Following the completion of the sale, the vice president now owns 2,541 shares in the company, valued at approximately $254,404.92. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Donald C. Alford sold 2,459 shares of the stock in a transaction that occurred on Friday, March 8th. The shares were sold at an average price of $99.53, for a total transaction of $244,744.27. Following the transaction, the vice president now owns 3,542 shares in the company, valued at $352,535.26. The disclosure for this sale can be found here. Insiders own 12.40% 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.