NV5 Holdings Inc. (NVEE) Sets New 1-Year High at $33.46
NV5 Holdings Inc. (NASDAQ:NVEE) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $33.46 and last traded at $33.35, with a volume of 20,659 shares. The stock had previously closed at $32.88.
Several equities research analysts recently issued reports on NVEE shares. Zacks Investment Research cut NV5 Holdings from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 13th. Singular Research started coverage on NV5 Holdings in a report on Friday, July 22nd. They issued a “buy” rating and a $39.00 price objective on the stock. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $31.00.
The stock has a 50 day moving average of $29.35 and a 200-day moving average of $25.37. The stock has a market cap of $276.39 million and a P/E ratio of 27.29.
NV5 Holdings (NASDAQ:NVEE) last released its quarterly earnings data on Thursday, May 5th. The company reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.03. The company earned $45.90 million during the quarter, compared to analyst estimates of $49.10 million. On average, equities analysts anticipate that NV5 Holdings Inc. will post $1.68 earnings per share for the current year.
A hedge fund recently raised its stake in NV5 Holdings stock. Dimensional Fund Advisors LP raised its stake in NV5 Holdings Inc. (NASDAQ:NVEE) by 27.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 89,587 shares of the company’s stock after buying an additional 19,426 shares during the period. Dimensional Fund Advisors LP owned approximately 1.10% of NV5 Holdings worth $1,969,000 at the end of the most recent reporting period.
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).