NV5 Holdings Inc. (NVEE) Hits New 12-Month High at $30.50
NV5 Holdings Inc. (NASDAQ:NVEE)’s share price hit a new 52-week high on Wednesday . The company traded as high as $30.50 and last traded at $30.25, with a volume of 42,449 shares traded. The stock had previously closed at $29.63.
Separately, Zacks Investment Research upgraded NV5 Holdings from a “sell” rating to a “hold” rating in a research note on Saturday, June 4th.
The stock has a market capitalization of $251.79 million and a price-to-earnings ratio of 24.87. The stock’s 50 day moving average price is $27.68 and its 200-day moving average price is $24.02.
NV5 Holdings (NASDAQ:NVEE) last posted its quarterly earnings results on Thursday, May 5th. The company reported $0.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $0.03. The firm had revenue of $45.90 million for the quarter, compared to the consensus estimate of $49.10 million. Analysts anticipate that NV5 Holdings Inc. will post $1.68 earnings per share for the current year.
A number of large investors recently modified their holdings of NVEE. Dimensional Fund Advisors LP increased its stake in shares of NV5 Holdings by 27.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 89,587 shares of the company’s stock worth $1,969,000 after buying an additional 19,426 shares during the last quarter. Royce & Associates LLC increased its stake in shares of NV5 Holdings by 20.7% in the fourth quarter. Royce & Associates LLC now owns 291,885 shares of the company’s stock worth $6,416,000 after buying an additional 50,000 shares during the last quarter. EAM Investors LLC increased its stake in shares of NV5 Holdings by 0.4% in the fourth quarter. EAM Investors LLC now owns 75,475 shares of the company’s stock worth $1,659,000 after buying an additional 297 shares during the last quarter. Finally, Oxford Asset Management bought a new stake in shares of NV5 Holdings during the fourth quarter worth $1,122,000.
NV5 Global, Inc, formerly NV5 Holdings, Inc, is a holding company. The Company provides professional and technical engineering and consulting solutions to public and private sector clients. The Company’s operations are organized into three segments: infrastructure, engineering and support services (INF), construction quality assurance (CQA) and program management services (PM).
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