NV5 Global Inc (NASDAQ:NVEE) – Seaport Global Securities lowered their Q1 2018 EPS estimates for NV5 Global in a report issued on Friday. Seaport Global Securities analyst M. Shlisky now expects that the business services provider will post earnings of $0.46 per share for the quarter, down from their previous forecast of $0.53. Seaport Global Securities also issued estimates for NV5 Global’s Q2 2018 earnings at $0.83 EPS and Q4 2018 earnings at $0.88 EPS.
NV5 Global (NASDAQ:NVEE) last released its quarterly earnings results on Thursday, March 8th. The business services provider reported $0.71 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.63 by $0.08. NV5 Global had a return on equity of 16.44% and a net margin of 7.21%. The company had revenue of $93.98 million for the quarter, compared to analyst estimates of $96.35 million.
Shares of NV5 Global (NVEE) opened at $54.05 on Monday. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.54 and a quick ratio of 2.54. NV5 Global has a 52 week low of $34.25 and a 52 week high of $58.95. The firm has a market capitalization of $582.96, a price-to-earnings ratio of 32.17, a price-to-earnings-growth ratio of 0.91 and a beta of 1.66.
Hedge funds have recently added to or reduced their stakes in the business. Sei Investments Co. increased its stake in NV5 Global by 123.5% in the third quarter. Sei Investments Co. now owns 2,937 shares of the business services provider’s stock worth $160,000 after purchasing an additional 1,623 shares during the period. Advisor Group Inc. increased its stake in NV5 Global by 6,792.0% in the fourth quarter. Advisor Group Inc. now owns 3,446 shares of the business services provider’s stock worth $187,000 after purchasing an additional 3,396 shares during the period. Victory Capital Management Inc. increased its stake in shares of NV5 Global by 536.1% during the third quarter. Victory Capital Management Inc. now owns 3,664 shares of the business services provider’s stock valued at $200,000 after buying an additional 3,088 shares during the period. MetLife Investment Advisors LLC purchased a new position in shares of NV5 Global during the fourth quarter valued at $215,000. Finally, Wells Fargo & Company MN increased its stake in shares of NV5 Global by 2.5% during the second quarter. Wells Fargo & Company MN now owns 5,083 shares of the business services provider’s stock valued at $216,000 after buying an additional 126 shares during the period. Institutional investors and hedge funds own 56.52% of the company’s stock.
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NV5 Global Company Profile
NV5 Global, Inc, formerly NV5 Holdings, Inc, is a holding company. The Company provides professional and technical engineering and consulting solutions to public and private sector clients in the infrastructure, energy, construction, real estate and environmental markets. It focuses on five business verticals: construction quality assurance, infrastructure, energy, program management, and environmental solutions.
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