NV5 Holdings Inc. (NVEE) Trading Up 3.7%
NV5 Holdings Inc. (NASDAQ:NVEE) shares were up 3.7% during mid-day trading on Friday . The stock traded as high as $35.49 and last traded at $35.23, with a volume of 63,633 shares. The stock had previously closed at $33.98.
Several research analysts have recently issued reports on NVEE shares. Zacks Investment Research upgraded shares of NV5 Holdings from a “strong sell” rating to a “buy” rating and set a $35.00 target price on the stock in a research note on Saturday, July 23rd. Singular Research began coverage on shares of NV5 Holdings in a research report on Friday, July 22nd. They set a “buy” rating and a $39.00 price objective on the stock. Finally, Seaport Global Securities restated an “accumulate” rating on shares of NV5 Holdings in a research report on Thursday, August 4th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $31.00.
The firm’s 50-day moving average price is $30.83 and its 200 day moving average price is $26.14. The company has a market cap of $364.90 million and a P/E ratio of 27.55.
NV5 Holdings (NASDAQ:NVEE) last announced its quarterly earnings data on Thursday, August 4th. The company reported $0.38 earnings per share for the quarter, beating analysts’ consensus estimates of $0.36 by $0.02. The company had revenue of $57.10 million for the quarter, compared to the consensus estimate of $58.90 million. Analysts expect that NV5 Holdings Inc. will post $1.68 EPS for the current year.
An institutional investor recently raised its position in NV5 Holdings stock. Dimensional Fund Advisors LP raised its stake in shares of 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 (SEC). The institutional investor owned 89,587 shares of the company’s stock after buying an additional 19,426 shares during the period. Dimensional Fund Advisors LP owned about 1.10% of NV5 Holdings worth $1,969,000 as of its most recent filing with the SEC.
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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