EVE (NYSE:EVEX) Posts Earnings Results

EVE (NYSE:EVEX) posted its quarterly earnings data on Friday. The company reported ($0.14) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.15) by $0.01, Zacks reports.

EVE Trading Down 2.9 %

Shares of NYSE EVEX opened at $3.19 on Friday. The company has a debt-to-equity ratio of 0.42, a current ratio of 5.21 and a quick ratio of 5.21. The stock has a market capitalization of $948.00 million, a P/E ratio of -6.64 and a beta of 0.45. EVE has a 1-year low of $2.33 and a 1-year high of $6.09. The business has a fifty day moving average price of $4.54 and a 200 day moving average price of $3.91.

Analyst Upgrades and Downgrades

Several equities analysts have commented on EVEX shares. Canaccord Genuity Group upped their price objective on EVE from $6.75 to $7.00 and gave the company a “buy” rating in a research report on Monday, December 2nd. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $5.00 price objective on shares of EVE in a research report on Friday. HC Wainwright reiterated a “buy” rating and issued a $6.00 target price on shares of EVE in a report on Wednesday. Finally, TD Cowen upgraded EVE to a “hold” rating in a report on Thursday, December 19th.

About EVE

Eve Holding, Inc is a special purpose acquisition company focused on the aviation sector. The company was founded on 7th August, 2020 and is headquartered in Melbourne, FL.