Earnings results for NV5 Global (NASDAQ:NVEE)
NV5 Global, Inc. is expected* to report earnings on 11/11/2020 after market close. The report will be for the fiscal Quarter ending Sep 2020. According to Zacks Investment Research, based on 2 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.72. The reported EPS for the same quarter last year was $0.78.
NV5 Global last released its earnings data on August 5th, 2020. The business services provider reported $0.93 EPS for the quarter, topping the consensus estimate of $0.59 by $0.34. The firm had revenue of $162.69 million for the quarter, compared to the consensus estimate of $150 million. NV5 Global has generated $3.19 earnings per share over the last year and currently has a price-to-earnings ratio of 45.3. NV5 Global has confirmed that its next quarterly earnings report will be published on Wednesday, November 11th, 2020.
Analyst Opinion on NV5 Global (NASDAQ:NVEE)
4 Wall Street analysts have issued ratings and price targets for NV5 Global in the last 12 months. Their average twelve-month price target is $65.25, predicting that the stock has a possible upside of 0.80%. The high price target for NVEE is $91.00 and the low price target for NVEE is $44.00. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus rating of “Buy.”
NV5 Global has received a consensus rating of Buy. The company’s average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings. According to analysts’ consensus price target of $65.25, NV5 Global has a forecasted upside of 0.8% from its current price of $64.73. NV5 Global has only been the subject of 1 research reports in the past 90 days.
Dividend Strength: NV5 Global (NASDAQ:NVEE)
NV5 Global does not currently pay a dividend. NV5 Global does not have a long track record of dividend growth.
Insiders buying/selling: NV5 Global (NASDAQ:NVEE)
In the past three months, NV5 Global insiders have sold 521.96% more of their company’s stock than they have bought. Specifically, they have bought $52,000.00 in company stock and sold $323,417.00 in company stock. Only 17.92% of the stock of NV5 Global is held by insiders.
Earnings and Valuation of NV5 Global (NASDAQ:NVEE
Earnings for NV5 Global are expected to grow by 14.33% in the coming year, from $3.21 to $3.67 per share. The P/E ratio of NV5 Global is 45.27, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 20.87. The P/E ratio of NV5 Global is 45.27, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 34.49. NV5 Global has a PEG Ratio of 1.36. PEG Ratios above 1 indicate that a company could be overvalued. NV5 Global has a P/B Ratio of 2.33. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.
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