NV5 Global Inc (NASDAQ: NVEE) has a higher price-to-earnings ratio of 33.98x compared to its average ratio, The 36-month beta value for NVEE is at 1.24. Analysts have varying views on the stock, with 3 analysts rating it as a “buy,” 3 rating it as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for NVEE is 56.99M, and currently, shorts hold a 3.19% of that float. The average trading volume for NVEE on January 10, 2025 was 410.30K shares.
NVEE) stock’s latest price update
NV5 Global Inc (NASDAQ: NVEE)’s stock price has gone rise by 3.46 in comparison to its previous close of 18.50, however, the company has experienced a 1.59% increase in its stock price over the last five trading days. globenewswire.com reported 2025-01-06 that HOLLYWOOD, Fla., Jan. 06, 2025 (GLOBE NEWSWIRE) — NV5, a provider of technology, certification, and consulting solutions, announced today that it intends to repurchase up to $20 million of NV5’s common stock during the next open trading period. The repurchase is in accordance with the $100 million stock repurchase program that was previously approved by the NV5 Board of Directors.
NVEE’s Market Performance
NVEE’s stock has risen by 1.59% in the past week, with a monthly drop of -8.55% and a quarterly drop of -16.85%. The volatility ratio for the week is 4.12% while the volatility levels for the last 30 days are 3.20% for NV5 Global Inc The simple moving average for the past 20 days is -0.69% for NVEE’s stock, with a -16.53% simple moving average for the past 200 days.
Analysts’ Opinion of NVEE
Maxim Group, on the other hand, stated in their research note that they expect to see NVEE reach a price target of $125. The rating they have provided for NVEE stocks is “Buy” according to the report published on May 05th, 2023.
Robert W. Baird gave a rating of “Neutral” to NVEE, setting the target price at $127 in the report published on January 10th of the previous year.
NVEE Trading at -9.77% from the 50-Day Moving Average
After a stumble in the market that brought NVEE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -32.34% of loss for the given period.
Volatility was left at 3.20%, however, over the last 30 days, the volatility rate increased by 4.12%, as shares sank -8.68% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -12.52% lower at present.
During the last 5 trading sessions, NVEE rose by +1.59%, which changed the moving average for the period of 200-days by -21.75% in comparison to the 20-day moving average, which settled at $19.27. In addition, NV5 Global Inc saw 1.59% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at NVEE starting from Tong Richard, who sale 20,000 shares at the price of $20.08 back on Dec 13 ’24. After this action, Tong Richard now owns 45,584 shares of NV5 Global Inc, valued at $401,670 using the latest closing price.
Tong Richard, the Officer of NV5 Global Inc, proposed sale 25,000 shares at $20.92 during a trade that took place back on Dec 11 ’24, which means that Tong Richard is holding shares at $523,000 based on the most recent closing price.
Stock Fundamentals for NVEE
Current profitability levels for the company are sitting at:
- 0.05 for the present operating margin
- 0.49 for the gross margin
The net margin for NV5 Global Inc stands at 0.03. The total capital return value is set at 0.05. Equity return is now at value 4.46, with 2.83 for asset returns.
Based on NV5 Global Inc (NVEE), the company’s capital structure generated 0.24 points at debt to capital in total, while cash flow to debt ratio is standing at 0.29. The debt to equity ratio resting at 0.31. The interest coverage ratio of the stock is 2.93.
Currently, EBITDA for the company is 119.2 million with net debt to EBITDA at 1.55. When we switch over and look at the enterprise to sales, we see a ratio of 1.48. The receivables turnover for the company is 3.14for trailing twelve months and the total asset turnover is 0.75. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.05.
Conclusion
In conclusion, NV5 Global Inc (NVEE) has had a mixed performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
