NV5 Holdings Inc. (NVEE) Sets New 1-Year High at $32.50
NV5 Holdings Inc. (NASDAQ:NVEE) shares reached a new 52-week high on Tuesday . The stock traded as high as $32.50 and last traded at $32.50, with a volume of 27,227 shares changing hands. The stock had previously closed at $31.91.
Several research analysts have recently weighed in on the stock. Zacks Investment Research cut shares of NV5 Holdings from a “buy” rating to a “hold” rating in a report on Tuesday. Singular Research assumed coverage on shares of NV5 Holdings in a report on Friday, July 22nd. They set a “buy” rating and a $39.00 price objective for the company. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. NV5 Holdings presently has a consensus rating of “Buy” and a consensus price target of $31.00.
The stock’s 50 day moving average is $28.69 and its 200 day moving average is $24.79. The firm has a market capitalization of $269.10 million and a P/E ratio of 26.57.
NV5 Holdings (NASDAQ:NVEE) last issued its earnings results on Thursday, May 5th. The company reported $0.32 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.29 by $0.03. The business had revenue of $45.90 million for the quarter, compared to the consensus estimate of $49.10 million. Equities research analysts predict that NV5 Holdings Inc. will post $1.68 EPS for the current fiscal year.
A hedge fund recently raised its stake in NV5 Holdings stock. Dimensional Fund Advisors LP increased its stake in shares of NV5 Holdings Inc. (NASDAQ:NVEE) by 27.7% during the fourth quarter, according to its most recent disclosure 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 1.10% of NV5 Holdings worth $1,969,000 at the end of the most recent quarter.
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).