Somewhat Positive Media Coverage Somewhat Unlikely to Affect NV5 Global (NVEE) Share Price
Headlines about NV5 Global (NASDAQ:NVEE) have been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. NV5 Global earned a media sentiment score of 0.20 on Accern’s scale. Accern also gave media headlines about the business services provider an impact score of 45.055800443898 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Several research firms have issued reports on NVEE. BidaskClub lowered NV5 Global from a “buy” rating to a “hold” rating in a research note on Wednesday, July 19th. Sidoti began coverage on NV5 Global in a research note on Wednesday, July 5th. They issued a “neutral” rating and a $45.00 price objective on the stock. Finally, Zacks Investment Research upgraded NV5 Global from a “hold” rating to a “strong-buy” rating and set a $43.00 price objective on the stock in a research note on Wednesday, May 10th. Two research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. NV5 Global has a consensus rating of “Buy” and a consensus target price of $42.75.
NV5 Global (NASDAQ:NVEE) traded up 2.85% during mid-day trading on Thursday, reaching $48.70. The company’s stock had a trading volume of 57,764 shares. NV5 Global has a 52-week low of $24.57 and a 52-week high of $48.95. The firm has a 50 day moving average price of $42.09 and a 200 day moving average price of $39.41. The company has a market cap of $495.33 million, a price-to-earnings ratio of 38.87 and a beta of 1.45.
NV5 Global (NASDAQ:NVEE) last announced its earnings results on Thursday, August 3rd. The business services provider reported $0.56 earnings per share for the quarter, topping analysts’ consensus estimates of $0.55 by $0.01. NV5 Global had a return on equity of 12.79% and a net margin of 4.90%. The firm had revenue of $83.74 million for the quarter, compared to the consensus estimate of $87.73 million. Equities research analysts anticipate that NV5 Global will post $2.31 earnings per share for the current year.
WARNING: “Somewhat Positive Media Coverage Somewhat Unlikely to Affect NV5 Global (NVEE) Share Price” was originally reported by Watch List News and is the property of of Watch List News. If you are viewing this piece of content on another domain, it was copied illegally and republished in violation of U.S. & international copyright laws. The legal version of this piece of content can be accessed at https://www.watchlistnews.com/somewhat-positive-media-coverage-somewhat-unlikely-to-affect-nv5-global-nvee-share-price/1534678.html.
About NV5 Global
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.
Receive News & Ratings for NV5 Global Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NV5 Global Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.