NV5 Holdings Inc. (NVEE) Trading 2.4% Higher
NV5 Holdings Inc. (NASDAQ:NVEE) shares traded up 2.4% during trading on Monday . The company traded as high as $33.07 and last traded at $32.95, with a volume of 51,556 shares. The stock had previously closed at $32.17.
A number of research analysts recently commented on the company. 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 set a “buy” rating and a $39.00 price objective on the stock. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus price target 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 $268.93 million and a price-to-earnings ratio of 26.56.
NV5 Holdings (NASDAQ:NVEE) last posted its earnings results on Thursday, May 5th. The company reported $0.32 EPS for the quarter, topping the consensus estimate of $0.29 by $0.03. The company had revenue of $45.90 million for the quarter, compared to analyst estimates of $49.10 million. Equities analysts predict that NV5 Holdings Inc. will post $1.68 earnings per share for the current fiscal year.
A hedge fund recently raised its stake in NV5 Holdings stock. Royce & Associates LLC increased its stake in NV5 Holdings Inc. (NASDAQ:NVEE) by 20.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 291,885 shares of the company’s stock after buying an additional 50,000 shares during the period. Royce & Associates LLC owned 3.59% of NV5 Holdings worth $6,416,000 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).
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