Sign in

    Andrew J. Wittmann

    Senior Research Analyst and CFA at Baird

    Andrew J. Wittmann is a Senior Research Analyst and CFA at Baird, specializing in Facility and Industrial Services with a core focus on the Engineering & Construction sectors. He covers leading public companies across commercial real estate, hotel, leisure, and industrial services, maintaining a highly successful track record that includes a current analyst success rate of about 73% and an average return of over 19% across 266 ratings. Wittmann started his industry career as a systems design engineer with Ford Motor Company before joining Baird in 2006; he has since been recognized with multiple StarMine Analyst Awards, including No. 1 earnings estimator and top stock picker in relevant sectors. He holds an MBA from Indiana University, a master's in engineering with applied statistics from Purdue University, a bachelor's in mechanical engineering from the University of Wisconsin-Madison, and is FINRA registered as a Chartered Financial Analyst.

    Andrew J. Wittmann's questions to NV5 Global (NVEE) leadership

    Andrew J. Wittmann's questions to NV5 Global (NVEE) leadership • Q1 2025

    Question

    Asked about the underwriting assumptions for the NV5 acquisition, specifically the expected organic growth and EBITDA margins, and requested a quantification of the public company costs incurred in the first quarter.

    Answer

    Executives projected long-term high single-digit organic growth for the combined entity with a target of over 20% for combined EBITDA margins, driven by cross-selling and sharing cost disciplines. They quantified the Q1 public company costs at approximately $2 million, noting that the merger would create future efficiencies in this area.

    Ask Fintool Equity Research AI