At the time of writing, NV5 Global Inc [NVEE] stock is trading at $19.37, up 3.58%. An important factor to consider is whether the stock is rising or falling in short-term value. The NVEE shares have gain 6.31% over the last week, with a monthly amount glided 9.13%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Maxim Group upgraded its rating to Buy on May 05, 2023, and kept the price target unchanged to $125. On January 10, 2022, downgrade downgraded it’s rating to Neutral but maintained its price target of $127 on the stock. Robert W. Baird started tracking the stock assigning a Outperform rating and suggested a price target of $115 on March 15, 2021. Sidoti upgraded its rating to a Buy but $68 remained the price target by the analyst firm on August 24, 2020. Sidoti downgraded its rating to Neutral for this stock on July 23, 2020. In a note dated May 29, 2020, BofA/Merrill initiated an Neutral rating and provided a target price of $58 on this stock.
For the past year, the stock price of NV5 Global Inc fluctuated between $16.77 and $26.14. Currently, Wall Street analysts expect the stock to reach $141.25 within the next 12 months. NV5 Global Inc [NASDAQ: NVEE] shares were valued at $19.37 at the most recent close of the market. An investor can expect a potential return of 629.22% based on the average NVEE price forecast.
Analyzing the NVEE fundamentals
According to NV5 Global Inc [NASDAQ:NVEE], the company’s sales were 947.02M for trailing twelve months, which represents an 14.39% jump. Gross Profit Margin for this corporation currently stands at 0.56% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.03 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.3.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 19.00 points at the first support level, and at 18.63 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.72, and for the 2nd resistance point, it is at 20.07.
Ratios To Look Out For
It is important to note that NV5 Global Inc [NASDAQ:NVEE] has a current ratio of 1.95. On the other hand, the Quick Ratio is 1.95, and the Cash Ratio is 0.24. Considering the valuation of this stock, the price to sales ratio is 1.33, the price to book ratio is 1.51 and price to earnings (TTM) ratio is 39.57.
Transactions by insiders
Recent insider trading involved Tong Richard, Exec VP and General Counsel, that happened on Dec 13 ’24 when 20000.0 shares were sold. Officer, Tong Richard completed a deal on Dec 11 ’24 to buy 25000.0 shares. Meanwhile, Director Francois Tardan sold 1661.0 shares on Aug 26 ’24.
