NV5 Global (NASDAQ:NVEE) Issues 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 guidance of 1.270-1.370 for the period, compared to the consensus earnings per share 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.

Wall Street Analyst Weigh In

Several research analysts have commented on NVEE shares. StockNews.com cut shares of NV5 Global from a “buy” rating to a “hold” rating in a research report on Wednesday. Robert W. Baird decreased their price objective on NV5 Global from $26.00 to $25.00 and set a “neutral” rating for the company in a report on Friday, November 8th.

NV5 Global Stock Performance

Shares of NASDAQ NVEE traded up $0.40 during midday trading on Thursday, reaching $17.43. 783,829 shares of the company traded hands, compared to its average volume of 415,255. The company has a market cap of $1.13 billion, a price-to-earnings ratio of 30.99, a PEG ratio of 2.58 and a beta of 1.23. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.05 and a quick ratio of 2.05. The stock has a 50-day moving average price of $18.57 and a 200 day moving average price of $21.41. NV5 Global has a 52 week low of $16.77 and a 52 week high of $27.77.

NV5 Global (NASDAQ:NVEE) last released its earnings results on Thursday, February 20th. The business services provider reported $0.28 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.02). NV5 Global had a return on equity of 9.45% and a net margin of 3.86%. Sell-side analysts anticipate that NV5 Global will post 1.19 earnings per share for the current fiscal year.

NV5 Global announced that its board has authorized a stock repurchase program on Monday, January 6th that authorizes the company to buyback $20.00 million in shares. This buyback authorization authorizes the business services provider to repurchase up to 1.6% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s leadership believes its stock is undervalued.

Insider Transactions at NV5 Global

In other NV5 Global news, VP Richard Tong sold 20,000 shares of the firm’s stock in a transaction dated Friday, December 13th. The shares were sold at an average price of $20.08, for a total value of $401,600.00. Following the completion of the transaction, the vice president now directly owns 45,584 shares in the company, valued at $915,326.72. This trade represents a 30.50 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 12.40% of the stock is owned by insiders.

About NV5 Global

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.