NV5 Holdings stock hits 52-week low at $17.92

NV5 Holdings Inc. (NASDAQ:NVEE), a provider of professional and technical engineering and consulting solutions with impressive gross profit margins of ~52%, saw its stock tumble to a 52-week low, touching down at $17.92. According to InvestingPro analysis, the company appears undervalued at current levels. This latest price point marks a significant drop for a company that has experienced a -31.05% change over the past year. Despite the decline, NV5 maintains strong fundamentals with a healthy current ratio of 2.05 and continued revenue growth of nearly 10%. Investors are closely monitoring the stock as it navigates through this period of volatility, with many keeping an eye on the company’s strategic moves to rebound from this low. The market is keen to see how NV5 Holdings will address the challenges that have led to this decline and whether it can leverage its expertise to recover and grow in the competitive engineering and consulting sector. InvestingPro subscribers can access 11 additional expert insights about NVEE’s potential recovery.

In other recent news, NV5 Global, Inc. has secured a $4 million contract to map approximately 20% of New Zealand’s coastline. The company has also acquired Group Delta, a Southern California-based infrastructure engineering firm, as part of its strategic expansion. Analysts from InvestingPro have been monitoring these developments closely. Additionally, NV5 Global has undergone significant leadership changes, with Ben Heraud assuming the position of sole CEO.

The company has set a target of $1.6 billion in annual revenue by 2028, following its impressive performance of surpassing $1 billion in gross revenue entering 2025. To achieve this, NV5 Global plans to expand its existing capabilities and make strategic investments in tech-based solutions and high-growth sectors.

In addition to these recent developments, NV5 Global has announced a plan to repurchase up to $20 million of its common stock and has secured infrastructure design and consulting contracts valued at over $67 million in total. The company has also expanded its service offerings through the acquisition of Global Fire Protection Group and Southport Engineering Associates. These acquisitions are expected to contribute to the company’s earnings.

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