NV5 Global, Inc. ( NASDAQ:NVEE ), might not be a large cap stock, but it saw a double-digit share price rise of over 10% in the past couple of months on the NASDAQCM. As a mid-cap stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock. However, could the stock still be trading at a relatively cheap price? Let’s take a look at NV5 Global’s outlook and value based on the most recent financial data to see if the opportunity still exists. What Is NV5 Global Worth? According to my valuation model, NV5 Global seems to be fairly priced at around 15% below my intrinsic value, which means if you buy NV5 Global today, you’d be paying a reasonable price for it. And if you believe that the stock is really worth $159.60, then there’s not much of an upside to gain from mispricing. Although, there may be an opportunity to buy in the future. This is because NV5 Global’s beta (a measure of share price volatility) is high, meaning its price movements will be exaggerated relative to the rest of the market. If the market is […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
