Somewhat Positive Press Coverage Somewhat Unlikely to Affect NV5 Global (NVEE) Stock Price

Press coverage about NV5 Global (NASDAQ:NVEE) has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. NV5 Global earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave news headlines about the business services provider an impact score of 44.7609114083592 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Shares of NV5 Global (NASDAQ:NVEE) traded down $1.60 on Wednesday, hitting $51.65. 48,000 shares of the stock were exchanged, compared to its average volume of 42,230. The stock has a market capitalization of $558.15, a price-to-earnings ratio of 34.90, a P/E/G ratio of 0.98 and a beta of 1.83. NV5 Global has a 1 year low of $33.86 and a 1 year high of $58.95. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.54 and a quick ratio of 2.54.

NV5 Global (NASDAQ:NVEE) last issued its earnings results on Wednesday, November 8th. The business services provider reported $0.75 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.70 by $0.05. The firm had revenue of $91.26 million during the quarter, compared to analyst estimates of $103.15 million. NV5 Global had a net margin of 5.23% and a return on equity of 14.75%. equities analysts forecast that NV5 Global will post 2.34 EPS for the current year.

Several research firms have commented on NVEE. Zacks Investment Research lowered shares of NV5 Global from a “buy” rating to a “hold” rating in a research note on Wednesday, October 4th. ValuEngine lowered shares of NV5 Global from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. Seaport Global Securities reaffirmed a “buy” rating and set a $61.00 price objective (up from $42.00) on shares of NV5 Global in a research note on Wednesday, October 11th. BidaskClub raised shares of NV5 Global from a “hold” rating to a “buy” rating in a research note on Friday, December 22nd. Finally, Lake Street Capital lifted their price objective on shares of NV5 Global to $66.00 and gave the stock a “buy” rating in a research note on Thursday, November 9th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $58.00.

In other news, VP Richard Tong sold 2,200 shares of the business’s stock in a transaction on Tuesday, November 28th. The shares were sold at an average price of $54.00, for a total transaction of $118,800.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Tardan Francois sold 3,684 shares of the business’s stock in a transaction on Thursday, November 16th. The shares were sold at an average price of $50.98, for a total transaction of $187,810.32. Following the sale, the director now directly owns 4,465 shares of the company’s stock, valued at $227,625.70. The disclosure for this sale can be found here. Insiders have sold 7,684 shares of company stock valued at $405,970 over the last three months. Insiders own 26.00% of the company’s stock.

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NV5 Global Company Profile

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 in the infrastructure, energy, construction, real estate and environmental markets. It focuses on five business verticals: construction quality assurance, infrastructure, energy, program management, and environmental solutions.

Insider Buying and Selling by Quarter for NV5 Global (NASDAQ:NVEE)

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