NV5 Global, Inc. (NASDAQ:NVEE) – Analysts at Seaport Global Securities issued their Q3 2017 earnings per share estimates for shares of NV5 Global in a research note issued to investors on Wednesday. Seaport Global Securities analyst M. Shlisky anticipates that the business services provider will earn $0.68 per share for the quarter. Seaport Global Securities currently has a “Buy” rating and a $61.00 target price on the stock. Seaport Global Securities also issued estimates for NV5 Global’s Q4 2017 earnings at $0.58 EPS, FY2017 earnings at $2.22 EPS, Q1 2018 earnings at $0.53 EPS, Q2 2018 earnings at $0.69 EPS, Q3 2018 earnings at $0.84 EPS, Q4 2018 earnings at $0.71 EPS and FY2018 earnings at $2.77 EPS.

A number of other analysts also recently issued reports on NVEE. Zacks Investment Research cut shares of NV5 Global from a “buy” rating to a “hold” rating in a research report on Wednesday, October 4th. ValuEngine cut shares of NV5 Global from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd. BidaskClub cut shares of NV5 Global from a “buy” rating to a “hold” rating in a research report on Wednesday, July 19th. Finally, Sidoti began coverage on shares of NV5 Global in a research report on Wednesday, July 5th. They issued a “neutral” rating and a $45.00 price target for the company. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $51.75.

ILLEGAL ACTIVITY NOTICE: This report was originally posted by American Banking News and is owned by of American Banking News. If you are viewing this report on another site, it was illegally copied and republished in violation of United States and international copyright and trademark laws. The original version of this report can be viewed at https://www.americanbankingnews.com/2017/10/13/research-analysts-set-expectations-for-nv5-global-inc-s-q3-2017-earnings-nvee.html. NV5 Global (NASDAQ:NVEE) last posted its quarterly earnings data on Thursday, August 3rd. The business services provider reported $0.56 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.55 by $0.01. NV5 Global had a return on equity of 12.79% and a net margin of 4.90%. The business had revenue of $83.74 million for the quarter, compared to analysts’ expectations of $87.73 million.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Ashford Capital Management Inc. increased its stake in NV5 Global by 2.9% in the second quarter. Ashford Capital Management Inc. now owns 180,550 shares of the business services provider’s stock valued at $7,673,000 after purchasing an additional 5,090 shares during the period. The Manufacturers Life Insurance Company increased its stake in NV5 Global by 13.4% in the second quarter. The Manufacturers Life Insurance Company now owns 6,371 shares of the business services provider’s stock valued at $272,000 after purchasing an additional 752 shares during the period. State Street Corp increased its stake in NV5 Global by 13.9% in the second quarter. State Street Corp now owns 127,923 shares of the business services provider’s stock valued at $5,438,000 after purchasing an additional 15,601 shares during the period. Royal Bank of Canada increased its stake in NV5 Global by 2.9% in the second quarter. Royal Bank of Canada now owns 39,366 shares of the business services provider’s stock valued at $1,673,000 after purchasing an additional 1,101 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in NV5 Global by 26.2% in the second quarter. Dimensional Fund Advisors LP now owns 348,217 shares of the business services provider’s stock valued at $14,799,000 after purchasing an additional 72,288 shares during the period. Institutional investors own 55.54% of the company’s stock.

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.

Earnings History and Estimates for NV5 Global (NASDAQ:NVEE)

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