NV5 Global Inc (NASDAQ:NVEE) CFO Michael P. Rama sold 500 shares of the firm’s stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $62.51, for a total value of $31,255.00. Following the completion of the sale, the chief financial officer now directly owns 28,800 shares in the company, valued at approximately $1,800,288. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
NVEE opened at $61.43 on Friday. The company has a market capitalization of $771.87 million, a price-to-earnings ratio of 19.02, a price-to-earnings-growth ratio of 1.13 and a beta of 1.70. The company has a current ratio of 2.54, a quick ratio of 2.54 and a debt-to-equity ratio of 0.09. NV5 Global Inc has a 12-month low of $51.46 and a 12-month high of $96.70.
NV5 Global (NASDAQ:NVEE) last released its earnings results on Thursday, March 7th. The business services provider reported $0.91 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.98 by ($0.07). The business had revenue of $115.34 million during the quarter, compared to analyst estimates of $116.00 million. NV5 Global had a net margin of 6.42% and a return on equity of 14.88%. Research analysts expect that NV5 Global Inc will post 3.67 EPS for the current fiscal year.
A number of research firms have issued reports on NVEE. Maxim Group reaffirmed a “buy” rating and issued a $85.00 target price (down previously from $93.00) on shares of NV5 Global in a report on Monday, April 15th. Zacks Investment Research raised NV5 Global from a “sell” rating to a “hold” rating in a report on Wednesday, April 3rd. BidaskClub raised NV5 Global from a “sell” rating to a “hold” rating in a report on Wednesday, January 9th. Singular Research reaffirmed a “buy” rating on shares of NV5 Global in a report on Wednesday, March 13th. Finally, ValuEngine lowered NV5 Global from a “buy” rating to a “hold” rating in a report on Saturday, March 9th. Four research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $88.00.
About NV5 Global
NV5 Global, Inc provides professional and technical engineering and consulting services to public and private sector clients in the infrastructure, energy, construction, real estate, and environmental markets in the United States and internationally. It operates through two segments, Infrastructure; and Building, Technology & Sciences.
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