Handelsbanken Fonder AB Invests in NV5 Global, with 1700 Shares

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Handelsbanken Fonder AB has recently completed the purchase of 1700 shares of NV5 ($NASDAQ:NVEE) Global, Inc., a leading provider of professional and technical engineering and consulting solutions to public and private sector clients worldwide. NV5 Global, Inc. offers comprehensive engineering and consulting services ranging from project feasibility studies to design and construction management. The company prides itself on its commitment to excellence and is dedicated to providing quality services for its clients.

In addition, NV5 Global, Inc. is committed to providing innovative solutions that drive success for its clients. It is this commitment to excellence that has earned NV5 Global, Inc. a reputation as a trusted partner for its clients. The recent investment by Handelsbanken Fonder AB in NV5 Global, Inc. is a testament to the company’s commitment to providing quality services and innovative solutions. Handelsbanken Fonder AB is one of the largest and most respected banks in Sweden and is known for its long-term investments in companies that are well positioned for growth. With the purchase of 1700 shares, Handelsbanken Fonder AB is showing its confidence in NV5 Global, Inc. and its ability to continue to deliver the highest quality services and innovative solutions to its clients.

Share Price

The news of this investment sent a positive sentiment across the market, with shares of NV5 Global, Inc. closing at $140.3, up 0.7% from the previous closing price of $139.4. This slight increase in stock price indicates that the market is optimistic about the potential growth of the company following this investment. The company has a wide range of offerings and services that have been used in major projects around the world. This portfolio of services is what has attracted Handelsbanken Fonder AB to invest in them. The investment from Handelsbanken Fonder AB is seen as a vote of confidence in the company’s capabilities and future potential.

This could potentially lead to more investments from other firms and institutions, creating further opportunities for the company to expand its operations and services. Overall, the news of this significant investment from Handelsbanken Fonder AB has been met with mostly positive sentiment from the market and shareholders. This could be seen through the increase in stock price on Tuesday. It remains to be seen what impact this investment will have on the company’s future growth and performance. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Nv5 Global. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Nv5 Global. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Nv5 Global. More…

Key Ratios Snapshot

Some of the financial key ratios for Nv5 Global are shown below. More…

VI Analysis

Investors looking for stable growth and long-term potential may be interested in NV5 GLOBAL. The VI Star Chart gives the company a high health score of 9/10 in terms of its cashflows and debt, suggesting that it has the ability to sustain itself in times of crisis. NV5 GLOBAL is also classified as a ‘gorilla’ – a company that has achieved stable and high revenue or earning growth due to its strong competitive advantage. In terms of fundamentals, NV5 GLOBAL is strong in growth and profitability and medium in asset. Its dividend is weak. These indicators suggest that the company has potential for long-term success. Moreover, the company’s strong competitive advantage indicates that it is well-positioned to take advantage of market opportunities. Overall, NV5 GLOBAL appears to be an attractive investment option for those seeking long-term growth potential and stability. Its high health score, strong growth and profitability, and competitive advantage make it a viable option for investors looking to diversify their portfolios and maximize return on investment. More…

VI Peers

The company operates in more than 100 locations across the United States and internationally. NV5’s competitors include Willdan Group Inc, Atlas Technical Consultants Inc, Guizhou Transportation Planning Survey & Design Academe Co Ltd, and other engineering and consulting firms.

– Willdan Group Inc ($NASDAQ:WLDN)

Willdan Group Inc is a provider of professional technical and consulting services to utilities, businesses, and government agencies. The company has a market cap of 172.27M as of 2022 and a Return on Equity of -2.66%. Willdan Group Inc provides services in the areas of energy efficiency, engineering, program management, and operations and maintenance. The company’s services help customers reduce costs, improve productivity, and comply with regulations.

– Atlas Technical Consultants Inc ($NASDAQ:ATCX)

Atlas Technical Consultants Inc is a engineering firm that provides professional consulting services in the areas of water resources, transportation, environmental, and land development. The company has a market cap of 273.22M as of 2022 and a ROE of -16.48%.

– Guizhou Transportation Planning Survey & Design Academe Co Ltd ($SHSE:603458)

Guizhou Transportation Planning Survey & Design Academe Co Ltd is a transportation planning and design company. It is headquartered in Guiyang, Guizhou Province, China. The company provides planning, design, consulting, and construction supervision services for transportation projects. It also offers training services.

Summary

Investors are finding the stock to be a solid and reliable choice and the news sentiment surrounding the company is mostly positive. Analyses of NV5’s performance have shown strong revenue growth, strong margins and a steady outlook for the future. The company has established a strong foothold in the industry and is well-positioned for further growth.

NV5 has also had success in diversifying its business and is looking to expand into new markets. Overall, NV5 Global is an attractive option for investors and the stock is expected to continue performing well in the coming years.