NV5 Global, Inc. (NVEE) Stock: Seeing Declines In Today’s Session

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NV5 Global, Inc. (NVEE) is falling in the market in today’s trading session. The stock, focused in the service space, is presently priced at $53.08 after tumbling -24.17% so far in today’s session. In terms of service sector stocks, there are several aspects that have the ability to generate movement in the market. News tends to be one of the biggest reasons for the movement. Here are the most recent headlines centered around NVEE:

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Nov-08-19 07:12PM Edited Transcript of NVEE earnings conference call or presentation 7-Nov-19 9:30pm GMT
07:33AM Broward company inks $303M acquisition
Nov-07-19 09:03PM Correction to NV5 Earnings Release Regarding 2020 Guidance
06:45PM NV5 Holdings (NVEE) Q3 Earnings and Revenues Lag Estimates
04:01PM NV5 Announces Record Third Quarter 2019 Revenue Results and Signs Definitive Agreement to Acquire Nations Largest Full-Service Geospatial Solutions Provider

However, when making a decision with regard to investing, prospective investors should take a look at far more than just news, this is especially the case in the ever highly complex service industry. Here’s what’s happing when it comes to NV5 Global, Inc..

Recent Movement Out of NVEE

Although a move down in a single session, like the fall that we’re seeing from NV5 Global, Inc. may make some investors unhappy, a single session fall by itself shouldn’t be the reason for a decision to, or not to, invest in a company. It is always a good idea to dig into trends experienced by the stock for a period longer than a single trading day. When it comes to NVEE, here are the returns on investment that investors have experienced:

  • Weekly – Over the last five trading sessions, NVEE has produced a change in price in the amount of -27.94%.
  • Past 30 Days – The ROI from NV5 Global, Inc. throughout the last 30 days has been -24.06%.
  • Past Quarter – Over the last 3 months, the company has produced a return on investment that works out to -19.10%
  • Past Six Months – Throughout the previous 6 months, we’ve seen a performance that works out to -27.91% from the company.
  • Year To Date – Since the the first trading session of this year NVEE has produced a return on investment of -12.34%.
  • Annually – Lastly, over the last year, we’ve seen movement in the amount of -39.53% out of NVEE. In this period of time, the stock has traded at a high of -45.11% and a low of 3.15%.

Key Ratios

Looking at a few ratios associated with a stock generally gives investors a view of how dangerous and/or potentially profitable a pick might be. Below are a few of the most important ratios to consider when looking at NVEE.

Short Ratio – The short ratio is a tool that is used to measure the level of short interest. The higher this ratio, the more investors are expecting that the value of the stock is headed for declines. In general, strong service stocks can have a lower short ratio. On the other hand, we tend to see quite a few short squeezes in the space. Nonetheless, with regard to NV5 Global, Inc., the stock’s short ratio is 8.89.

Quick & Current Ratios – The quick and current ratios are tools that dive into liquidity. Basically, they measure If a company is able to cover its debts when they come due based on quick assets or current assets. come with positive quick and current ratios. When it comes to NVEE, the quick and current ratios total up to 2.50 and 2.50 respectively.  

Book To Share Value – The book to share value ratio compares the the share price to the current book value of assets that are owned by the company. as it relates to NV5 Global, Inc., that ratio equates to 28.55.

Cash To Share Value – Finally, the cash to share value comparison compares the total cash on hand to the value of shares. In this case, the cash to share value ratio works out to 1.86.

Investors Tend To Follow The Big Money

One thing that I have learned so far in my brief period alive, or somewhat alive is that good investors tend to follow the moves made by big money players. Usually, investors that want to keep the risk down will follow investments made by institutions and those on the inside. So, how does the big money flow as it relates to NVEE? Here’s the scoop:

Institutions own 63.70% of the company. Institutional interest has moved by 1.46% over the past three months. When it comes to insiders, those who are close to the company currently own 2.80% percent of NVEE shares. Institutions have seen ownership changes of an accumulative -23.07% over the last three months.

How Analysts Feel About NV5 Global, Inc.

While it’s never a smart idea to unknowingly follow the opinions of analysts, it is a good idea to consider their opinions in order to validate your own thoughts when it comes to making investment decisions in the service sector. Here are the recent moves that we have seen from analysts with regard to NVEE.

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Nov-08-19 Reiterated Maxim Group Buy $95 → $85
Jun-05-19 Reiterated Maxim Group Buy $85 → $95
Apr-15-19 Reiterated Maxim Group Buy $93 → $85
Oct-31-18 Initiated Maxim Group Buy $110
Jun-15-18 Upgrade Sidoti Neutral → Buy

What We’ve Seen In Financial Results

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $4.53. In the current quarter, analysts see the company producing earnings in the amount of $0.96. Over the last 5 years, NVEE has generated revenue in the amount of $43.70% with earnings coming in at 27.50%. On a quarter over quarter basis, earnings have seen movement of -25.30% and revenue has seen movement of 25.70%.

What You Need To Know About Share Counts

Traders and investors tend to have an interest in the total numbers of shares both outstanding and available. In regard to NV5 Global, Inc., there are currently 16.84M with a float of 9.71M. This means that of the total of 16.84M shares of NVEE currently in existence today, 9.71M are available to be traded in the public realm.

It’s also important to pay attention to the short percentage of the float. Think about it, if a large percentage of the float available for trading is shorted, the overall feeling among traders is that the stock is going to fall hard. When it comes to NVEE, the percentage of the float that is shorted is 10.88%. Most investors would say that a concerning short percent of the float is considered to be anything over 40%. Through my work, I’ve calculated that a short ratio over 26% is generally a risky play.

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