William Blair Forecasts Stronger Earnings for NV5 Global

NV5 Global, Inc. (NASDAQ:NVEE) – Equities researchers at William Blair lifted their FY2026 EPS estimates for NV5 Global in a research note issued to investors on Friday, February 21st. William Blair analyst T. Mulrooney now forecasts that the business services provider will post earnings per share of $1.46 for the year, up from their previous estimate of $1.42. The consensus estimate for NV5 Global’s current full-year earnings is $1.26 per share.

NV5 Global (NASDAQ:NVEE) last issued its quarterly earnings results on Thursday, February 20th. The business services provider reported $0.28 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.02). The company had revenue of $246.52 million for the quarter, compared to analyst estimates of $243.46 million. NV5 Global had a return on equity of 9.34% and a net margin of 3.25%.

A number of other brokerages also recently issued reports on NVEE. Maxim Group reduced their price objective on shares of NV5 Global from $29.00 to $24.00 and set a “buy” rating on the stock in a research note on Friday, February 21st. Roth Mkm upped their price target on shares of NV5 Global from $27.00 to $28.00 and gave the stock a “buy” rating in a report on Friday, February 21st. StockNews.com cut shares of NV5 Global from a “buy” rating to a “hold” rating in a research note on Wednesday, February 19th. Finally, Robert W. Baird lowered their price objective on shares of NV5 Global from $26.00 to $25.00 and set a “neutral” rating for the company in a research report on Friday, November 8th. Two investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $25.67.

NV5 Global Stock Performance

NVEE opened at $18.47 on Monday. The firm has a market cap of $1.20 billion, a P/E ratio of 37.50, a price-to-earnings-growth ratio of 2.63 and a beta of 1.23. The business’s fifty day moving average is $18.42 and its 200-day moving average is $21.22. NV5 Global has a 52-week low of $16.77 and a 52-week high of $26.16. 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 declared that its Board of Directors has initiated a share repurchase plan on Monday, January 6th that allows the company to repurchase $20.00 million in shares. This repurchase authorization allows the business services provider to buy up to 1.6% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board of directors believes its shares are undervalued.

Insiders Place Their Bets

In related news, VP Richard Tong sold 20,000 shares of NV5 Global stock in a transaction that occurred 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 sale, the vice president now directly owns 45,584 shares of the company’s stock, valued at approximately $915,326.72. The trade was a 30.50 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 12.40% of the company’s stock.

Hedge Funds Weigh In On NV5 Global

Several institutional investors and hedge funds have recently added to or reduced their stakes in NVEE. Vanguard Group Inc. increased its holdings in shares of NV5 Global by 288.4% during the fourth quarter. Vanguard Group Inc. now owns 3,761,947 shares of the business services provider’s stock worth $70,875,000 after buying an additional 2,793,280 shares in the last quarter. Cercano Management LLC raised its position in NV5 Global by 208.8% in the fourth quarter. Cercano Management LLC now owns 3,925,599 shares of the business services provider’s stock valued at $73,958,000 after purchasing an additional 2,654,405 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of NV5 Global by 310.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,514,316 shares of the business services provider’s stock valued at $47,370,000 after purchasing an additional 1,901,998 shares in the last quarter. American Century Companies Inc. boosted its stake in shares of NV5 Global by 322.4% during the fourth quarter. American Century Companies Inc. now owns 2,147,358 shares of the business services provider’s stock valued at $40,456,000 after purchasing an additional 1,639,014 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in shares of NV5 Global by 1,572.9% during the fourth quarter. Bank of New York Mellon Corp now owns 1,510,725 shares of the business services provider’s stock worth $28,462,000 after purchasing an additional 1,420,417 shares during the last quarter. Institutional investors own 75.54% 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.