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NVEE

NV5 Global

$40.65

-1.5 (-3.56%)

08:06
02/13/18
02/13
08:06
02/13/18
08:06

NV5 Global awarded contract with NJDOT

NV5 Global announced that it has been awarded a contract with the New Jersey Department of Transportation, or NJDOT, to provide identification, assessment and analysis of all NJDOT stormwater basins and roadway drainage outfalls within Region North, an area encompassing eight of New Jersey's most densely populated counties. This project will bring $1M in additional fees over 2018, adding to approximately $90 M of total NJDOT work contracted with NV5 since 1986.

  • 29

    Mar

NVEE NV5 Global
$40.65

-1.5 (-3.56%)

04/11/17
ROTH
04/11/17
NO CHANGE
Target $43
ROTH
Buy
Transportation funding bill provides tailwind for NV5 Global, says Roth Capital
Roth Capital analyst Jeff Martin notes that the California legislature passed SB-1, a transportation spending bill that funds a $52B budget spanning 10 years, primarily for the state highway system and local streets and road system. With California as a key market for NV5 Global, the analyst believes the funding bill provides a tailwind for organic growth for the company. He reiterates a Buy rating and $43 price target on the shares.
07/05/17
SIDC
07/05/17
INITIATION
Target $45
SIDC
Neutral
NV5 Global initiated with a Neutral at Sidoti
Sidoti analyst Tate Sullivan initiated NV5 Global with a Neutral and a $45 price target.
11/09/17
ROTH
11/09/17
NO CHANGE
Target $60
ROTH
Buy
NV5 Global price target raised to $60 from $48 at Roth Capital
Roth Capital analyst Jeff Martin raised his price target for NV5 Global to $60 from $48 as Q3 shows healthy margin gains despite revenue shortfall. The analyst reiterates a Buy rating on the shares.
11/09/17
LSCM
11/09/17
NO CHANGE
Target $66
LSCM
Buy
NV5 Global price target raised to $66 from $55 at Lake Street
Lake Street analyst Robert Brown raised his price target for NV5 Global to $66 saying the company's earnings leverage is starting to show despite the sales shortfall in Q3. The analyst is optimistic that 2018 can show further operating margin expansion as delayed projects start to flow. He keeps a Buy rating on NV5.

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OKTA

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