NV5 Global Inc (NASDAQ: NVEE) is -20.81% lower on its value in year-to-date trading and has touched a low of $21.76 and a high of $28.75 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The NVEE stock was last observed hovering at around $22.29 in the last trading session, with the day’s loss setting it -0.29%.
Currently trading at $22.00, the stock is -4.70% and -5.04% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.64 million and changing -1.30% at the moment leaves the stock -8.96% off its SMA200. NVEE registered -10.19% loss for a year compared to 6-month loss of -4.82%. The firm has a 50-day simple moving average (SMA 50) of $23.16715 and a 200-day simple moving average (SMA200) of $24.166063.
The stock witnessed a -4.33% gain in the last 1 month and extending the period to 3 months gives it a -15.08%, and is -6.66% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.70% over the week and 2.19% over the month.
NV5 Global Inc (NVEE) has around 4106 employees, a market worth around $1.43B and $904.40M in sales. Current P/E ratio is 43.38 and Fwd P/E is 15.75. Profit margin for the company is 3.49%. Distance from 52-week low is 1.09% and -23.48% from its 52-week high. The company has generated returns on investments over the last 12 months (3.00%).
The EPS is expected to grow by 7.00% this year
300.0 institutions hold shares in NV5 Global Inc (NVEE), with institutional investors hold 87.97% of the company’s shares. The shares outstanding are 63.58M, and float is at 57.02M with Short Float at 2.53%. Institutions hold 77.03% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 2.21 million shares valued at $205.92 million. The investor’s holdings represent 14.5074 of the NVEE Shares outstanding. As of 2024-06-30, the second largest holder is CERCANO MANAGEMENT LLC with 1.27 million shares valued at $118.18 million to account for 8.3263 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 0.95 million shares representing 6.2174 and valued at over $88.25 million, while DIMENSIONAL FUND ADVISORS LP holds 3.8182 of the shares totaling 0.58 million with a market value of $54.2 million.
NV5 Global Inc (NVEE) Insider Activity
The most recent transaction is an insider sale by Francois Tardan, the company’s Director. SEC filings show that Francois Tardan sold 1,661 shares of the company’s common stock on Aug 26 ’24 at a price of $96.32 per share for a total of $0.16 million. Following the sale, the insider now owns 5150.0 shares.
Still, SEC filings show that on Jun 12 ’24, O’Brien MaryJo (Ex VP, Chief Admin & Secretary) disposed off 1,129 shares at an average price of $94.06 for $0.11 million. The insider now directly holds 64,557 shares of NV5 Global Inc (NVEE).
