NV5 Global, Inc. (NASDAQ:NVEE – Free Report) – Equities researchers at William Blair upped their FY2026 earnings per share (EPS) estimates for shares of NV5 Global in a report released on Friday, February 21st. William Blair analyst T. Mulrooney now expects that the business services provider will earn $1.46 per share for the year, up from their prior estimate of $1.42. The consensus estimate for NV5 Global’s current full-year earnings is $1.26 per share.
NV5 Global (NASDAQ:NVEE – Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The business services provider reported $0.28 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by ($0.02). NV5 Global had a return on equity of 9.34% and a net margin of 3.25%. The company had revenue of $246.52 million for the quarter, compared to the consensus estimate of $243.46 million.
Read Our Latest Research Report on NVEE
NV5 Global Price Performance
Shares of NASDAQ NVEE opened at $18.47 on Monday. The company has a fifty day moving average price of $18.42 and a 200 day moving average price of $21.22. NV5 Global has a 1-year low of $16.77 and a 1-year high of $26.16. The firm has a market cap of $1.20 billion, a PE ratio of 37.50, a PEG ratio of 2.63 and a beta of 1.23. The company has a current ratio of 2.05, a quick ratio of 2.05 and a debt-to-equity ratio of 0.30.
NV5 Global declared that its board has approved a share buyback program on Monday, January 6th that authorizes the company to buyback $20.00 million in shares. This buyback authorization authorizes the business services provider to purchase up to 1.6% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s board of directors believes its stock is undervalued.
Insider Activity at NV5 Global
In other news, VP Richard Tong sold 20,000 shares of the company’s stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $20.08, for a total transaction of $401,600.00. Following the sale, the vice president now owns 45,584 shares in the company, valued at $915,326.72. This represents a 30.50 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Insiders own 12.40% of the company’s stock.
Hedge Funds Weigh In On NV5 Global
Several hedge funds and other institutional investors have recently made changes to their positions in NVEE. QV Investors Inc. lifted its stake in NV5 Global by 914.2% in the fourth quarter. QV Investors Inc. now owns 48,580 shares of the business services provider’s stock valued at $915,000 after acquiring an additional 43,790 shares during the last quarter. Nordea Investment Management AB increased its position in NV5 Global by 313.3% during the fourth quarter. Nordea Investment Management AB now owns 97,546 shares of the business services provider’s stock worth $1,853,000 after buying an additional 73,944 shares during the last quarter. Linden Thomas Advisory Services LLC increased its holdings in shares of NV5 Global by 292.4% during the 4th quarter. Linden Thomas Advisory Services LLC now owns 50,169 shares of the business services provider’s stock worth $945,000 after acquiring an additional 37,384 shares during the last quarter. JPMorgan Chase & Co. raised its stake in NV5 Global by 4.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 62,944 shares of the business services provider’s stock valued at $5,884,000 after acquiring an additional 2,483 shares during the period. Finally, Campbell Newman Asset Management Inc. raised its stake in NV5 Global by 297.9% in the 4th quarter. Campbell Newman Asset Management Inc. now owns 70,811 shares of the business services provider’s stock valued at $1,334,000 after acquiring an additional 53,014 shares during the period. 75.54% of the stock is owned by institutional investors.
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.
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