NV5 Global Inc (NASDAQ:NVEE) has been assigned a consensus rating of “Hold” from the seven research firms that are presently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation and four have given a buy recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $58.00.
NVEE has been the topic of several recent analyst reports. Zacks Investment Research downgraded shares of NV5 Global from a “buy” rating to a “hold” rating in a research report on Wednesday, October 18th. Roth Capital lifted their price target on shares of NV5 Global from $48.00 to $60.00 and gave the company a “buy” rating in a report on Thursday, November 9th. Lake Street Capital lifted their price target on shares of NV5 Global to $66.00 and gave the company a “buy” rating in a report on Thursday, November 9th. Finally, BidaskClub upgraded shares of NV5 Global from a “hold” rating to a “buy” rating in a report on Friday, December 22nd.
In other NV5 Global news, CFO Michael P. Rama sold 1,800 shares of NV5 Global stock in a transaction on Friday, December 1st. The shares were sold at an average price of $55.20, for a total value of $99,360.00. Following the sale, the chief financial officer now directly owns 29,949 shares in the company, valued at approximately $1,653,184.80. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP Richard Tong sold 2,200 shares of NV5 Global stock in a transaction on Tuesday, November 28th. The stock was sold at an average price of $54.00, for a total transaction of $118,800.00. The disclosure for this sale can be found here. Over the last quarter, insiders sold 7,684 shares of company stock worth $405,970. 26.00% of the stock is currently owned by insiders.
Shares of NV5 Global (NASDAQ NVEE) opened at $40.65 on Tuesday. The company has a market cap of $454.61, a price-to-earnings ratio of 27.65, a PEG ratio of 0.79 and a beta of 1.17. NV5 Global has a 52-week low of $34.25 and a 52-week high of $58.95. The company has a debt-to-equity ratio of 0.41, a quick ratio of 2.54 and a current ratio of 2.54.
COPYRIGHT VIOLATION WARNING: This piece was reported by Community Financial News and is owned by of Community Financial News. If you are viewing this piece on another publication, it was illegally stolen and republished in violation of U.S. and international copyright & trademark laws. The legal version of this piece can be read at https://www.com-unik.info/2018/02/13/nv5-global-inc-nvee-receives-average-rating-of-hold-from-brokerages.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 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NV5 Global and related companies with MarketBeat.com's FREE daily email newsletter.