With 0.6 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.69 million shares. The 52-week range on NVEE shows that it touched its highest point at $26.14 and its lowest point at $14.75 during that stretch. It currently has a 1-year price target of $24.40. Beta for the stock currently stands at 1.14.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of NVEE was down-trending over the past week, with a drop of -0.36%, but this was up by 19.70% over a month. Three-month performance surged to 26.85% while six-month performance fell -0.50%. The stock lost -3.50% in the past year, while it has gained 17.09% so far this year. A look at the trailing 12-month EPS for NVEE yields 0.49 with Next year EPS estimates of 1.48. For the next quarter, that number is 0.30. This implies an EPS growth rate of 13.91% for this year and 13.64% for next year. EPS is expected to grow by 16.45% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -1.28%.
Float and Shares Shorts:
At present, 65.65 million NVEE shares are outstanding with a float of 57.36 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for NVEE since 2 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.22207 being high and $1.14322 being low. For NVEE, this leads to a yearly average estimate of $1.17279.
