The lowest price of shares of NV5 Holdings Limited is estimated at 21.54 US dollars.
NV5 Holdings Inc. (NASDAQ: ), a provider of professional and technical engineering and consulting solutions, saw its stock price hit a 52-week low, falling to $21.54. This recent price movement shows a significant decline from the company’s previous market performance, marking a change of -12.51% over the past year. Investors are keeping a close eye on NV5 Holdings as the stock struggles against markets that have pushed it to this low point, raising questions about the fundamentals that influence the company’s current valuation and future prospects for its industry.
In other recent news, NV5 Global has been making significant strides in both infrastructure consulting and grid strengthening projects. The company has received a series of contracts totaling $14 million to support Southern California municipalities with transportation, water utilities, and construction management services. Similarly, NV5 was awarded contracts totaling R46 million for grid strengthening projects aimed at improving electrical grid stability and fire prevention in the Western United States.
In addition to these developments, NV5 showed strong financial performance in the third quarter of 2024. The company reported a 6% increase in organic growth and a 13% increase in gross profit to $129.5 million. Net income rose 31% to $17.1 million, and adjusted EBITDA grew 21%, resulting in an 18% margin.
NV5’s expansion into the healthcare, aviation, and hospitality sectors, with a focus on digital design, is also noteworthy. Despite the potential challenges for large CapEx projects due to rising interest rates, the company still hopes to grow in the Asia-Pacific region and its Technology and Acoustics Group. This is among the latest developments at NV5.
InvestingPro Insights
NV5 Holdings Inc.’s recent stock performance, touching a 52-week low, indicates close scrutiny of the company’s financial health and market conditions. According to InvestingPro data, NVEE’s market capitalization reaches $1.4 billion, with a P/E ratio of 39.47, which suggests a very high value relative to earnings. Despite the stock’s recent decline, the company maintains impressive profit margins, as highlighted in one of InvestingPro’s tips.
The company’s revenue growth of 9.86% over the past twelve months indicates continued business growth, albeit at a moderate pace. However, investors should be aware that 8 analysts have revised their earnings expectations down in the future, which may explain some of the recent stock price pressure.
Positively, NV5 Holdings operates with a limited level of debt and its liquid assets exceed short-term obligations, providing financial flexibility. The company has also been profitable for the last twelve months, with net profit of $473.14 million and EBITDA of $122.43 million.
For investors looking for a more comprehensive analysis, InvestingPro offers additional tips and insights, with 9 tips available for NVEE. These tips can provide valuable context for understanding a company’s current market position and future potential.
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