NV5 Holdings Inc. (NASDAQ:NVEE) shares gapped up prior to trading on Wednesday . The stock had previously closed at $32.39, but opened at $32.50. NV5 Holdings shares last traded at $32.60, with a volume of 28,216 shares trading hands.

A number of research firms have weighed in on NVEE. Zacks Investment Research downgraded NV5 Holdings from a “buy” rating to a “hold” rating in a research note on Tuesday. Singular Research began coverage on NV5 Holdings in a research note on Friday, July 22nd. They issued a “buy” rating and a $39.00 price target for the company. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $31.00.

The stock’s 50 day moving average price is $28.81 and its 200-day moving average price is $24.85. The firm has a market capitalization of $272.49 million and a P/E ratio of 26.91.

NV5 Holdings (NASDAQ:NVEE) last announced its quarterly earnings data on Thursday, May 5th. The company reported $0.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.03. The business earned $45.90 million during the quarter, compared to analyst estimates of $49.10 million. Equities analysts anticipate that NV5 Holdings Inc. will post $1.68 EPS for the current year.

A hedge fund recently raised its stake in NV5 Holdings stock. Dimensional Fund Advisors LP boosted its position in NV5 Holdings Inc. (NASDAQ:NVEE) by 27.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. 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 approximately 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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