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24 Stock Top Picks and 3 ETF (Jan 11-17)NVEE has grown its sales and earnings on a five-year CAGR basis by 21.1% and 29.5%, respectively.
Its share price has grown by 23.2% on a five-year CAGR basis.
It has a 20.7X P/E, 12.8X EV/EBITDA, and a 2.8X P/B, which are all around its five-year historical averages of 19.6X, 12.4X, and 2.9X, respectively.
We would consider NVEE to be at a reasonable price today.
Although, it might continue to pullback further.
We like its management team, its disciplined approach to acquisitions, and its growth potential and execution.
We would be OK with buying here today for a long-term position.
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NV5 Global is a American stock, trading under the symbol NVEE-Q on the NASDAQ (NVEE). It is usually referred to as NASDAQ:NVEE or NVEE-Q
In the last year, there was no coverage of NV5 Global published on Stockchase.
NV5 Global was recommended as a Top Pick by on . Read the latest stock experts ratings for NV5 Global.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
0 stock analysts on Stockchase covered NV5 Global In the last year. It is a trending stock that is worth watching.
On 2024-10-11, NV5 Global (NVEE-Q) stock closed at a price of $23.08.
The quarter was a big miss; EPS $1.21 down from $1.61 the prior year and estimates of $1.54.
Revenue $189.8M was higher than the prior year $188.6M but missed estimates of $203.4M.
For 2023, guidance was $5.28 to $5.64 per share (est $5.44), Revenue guidance $878M to $915M (est $881M).
The guidance range vs the stock drop seems out of line here to us.
Management commentary was not that negative going forward.
The 4Q miss scared investors, but with the stock already down we would not panic here.
We think it will be OK, but would not add.
The stock may flatline a bit.
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