NV5 Global (NASDAQ:NVEE) Updates FY 2025 Earnings Guidance

NV5 Global (NASDAQ:NVEE) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 1.270-1.370 for the period, compared to the consensus earnings per share estimate of 1.240. The company issued revenue guidance of $1.0 billion-$1.0 billion, compared to the consensus revenue estimate of $988.5 million.

Analysts Set New Price Targets

A number of brokerages have issued reports on NVEE. StockNews.com lowered NV5 Global from a “buy” rating to a “hold” rating in a research report on Wednesday. Robert W. Baird cut their target price on NV5 Global from $26.00 to $25.00 and set a “neutral” rating on the stock in a research report on Friday, November 8th.

NV5 Global Stock Up 2.3 %

Shares of NASDAQ:NVEE traded up $0.40 during trading on Thursday, hitting $17.43. The company’s stock had a trading volume of 783,829 shares, compared to its average volume of 415,222. The business has a 50 day moving average price of $18.57 and a two-hundred day moving average price of $21.41. The company has a market capitalization of $1.13 billion, a PE ratio of 30.99, a P/E/G ratio of 2.58 and a beta of 1.23. The company has a debt-to-equity ratio of 0.30, a quick ratio of 2.05 and a current ratio of 2.05. NV5 Global has a fifty-two week low of $16.77 and a fifty-two week high of $27.77.

NV5 Global (NASDAQ:NVEE) last posted its quarterly earnings results on Thursday, February 20th. The business services provider reported $0.28 EPS for the quarter, missing the consensus estimate of $0.30 by ($0.02). NV5 Global had a return on equity of 9.45% and a net margin of 3.86%. As a group, research analysts expect that NV5 Global will post 1.19 EPS for the current fiscal year.

NV5 Global declared that its board has approved a stock buyback program on Monday, January 6th that allows the company to repurchase $20.00 million in shares. This repurchase authorization allows the business services provider to reacquire up to 1.6% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s leadership believes its stock is undervalued.

Insiders Place Their Bets

In related news, VP Richard Tong sold 20,000 shares of the business’s stock in a transaction on Friday, December 13th. The shares were sold at an average price of $20.08, for a total transaction of $401,600.00. Following the completion of the transaction, the vice president now owns 45,584 shares in the company, valued at approximately $915,326.72. The trade was a 30.50 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 12.40% of the company’s stock.

NV5 Global Company Profile

NV5 Global, Inc provides technology, conformity assessment, consulting solutions, and software applications to public and private sector clients in the infrastructure, utility services, construction, real estate, environmental, and geospatial markets in the United States and internationally. It operates through three segments: Infrastructure; Building, Technology & Sciences; and Geospatial Solutions.