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

NV5 Global (NASDAQ:NVEE) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 1.270-1.370 for the period, compared to the consensus 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.

NV5 Global Stock Up 1.8 %

NASDAQ:NVEE opened at $17.75 on Friday. The company has a market capitalization of $1.15 billion, a price-to-earnings ratio of 36.04, a price-to-earnings-growth ratio of 2.63 and a beta of 1.23. NV5 Global has a one year low of $16.77 and a one year high of $27.77. The stock has a 50-day simple moving average of $18.48 and a 200 day simple moving average of $21.34. 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 (NASDAQ:NVEE) last posted its quarterly earnings results on Thursday, February 20th. The business services provider reported $0.28 EPS for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.02). The firm had revenue of $246.52 million during 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%. Sell-side analysts predict that NV5 Global will post 1.26 EPS for the current fiscal year.

NV5 Global declared that its Board of Directors has approved a share buyback plan on Monday, January 6th that authorizes the company to repurchase $20.00 million in shares. This repurchase authorization authorizes the business services provider to purchase up to 1.6% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s leadership believes its stock is undervalued.

Analyst Ratings Changes

A number of brokerages have commented on NVEE. Roth Mkm lifted their target price on NV5 Global from $27.00 to $28.00 and gave the company a “buy” rating in a research note on Friday. Maxim Group decreased their target price on NV5 Global from $29.00 to $24.00 and set a “buy” rating for the company in a research note on Friday. StockNews.com downgraded NV5 Global from a “buy” rating to a “hold” rating in a research report on Wednesday. Finally, Robert W. Baird reduced their price objective on 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 research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $25.67.

Insider Transactions at NV5 Global

In other NV5 Global 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 value of $401,600.00. Following the completion of the sale, the vice president now directly owns 45,584 shares in the company, valued at $915,326.72. This represents a 30.50 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 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.