EVE (NYSE:EVEX) and New Horizon Aircraft (NASDAQ:HOVR) Head to Head Review

EVE (NYSE:EVEX) and New Horizon Aircraft (NASDAQ:HOVR) are both small-cap aerospace companies, but which is the better stock? We will compare the two companies based on the strength of their institutional ownership, earnings, analyst recommendations, valuation, profitability, dividends and risk.

Volatility and Risk

EVE has a beta of 0.37, meaning that its stock price is 63% less volatile than the S&P 500. Comparatively, New Horizon Aircraft has a beta of -0.61, meaning that its stock price is 161% less volatile than the S&P 500.

Valuation and Earnings

This table compares EVE and New Horizon Aircraft’s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
EVE	N/A	N/A	-$127.66 million	($0.45)	-6.24
New Horizon Aircraft	N/A	N/A	-$8.16 million	N/A	N/A

Profitability

This table compares EVE and New Horizon Aircraft’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
EVE	N/A	-86.23%	-55.66%
New Horizon Aircraft	N/A	-22.73%	-6.54%

Analyst Ratings

This is a summary of current ratings for EVE and New Horizon Aircraft, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
EVE	0	0	2	0	3.00
New Horizon Aircraft	0	0	0	0	N/A

EVE currently has a consensus price target of $6.75, suggesting a potential upside of 140.21%. Given EVE’s higher possible upside, equities research analysts plainly believe EVE is more favorable than New Horizon Aircraft.

Insider & Institutional Ownership

1.3% of EVE shares are owned by institutional investors. Comparatively, 66.0% of New Horizon Aircraft shares are owned by institutional investors. 1.9% of EVE shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

About EVE

Eve Holding, Inc., together with its subsidiaries, develops urban air mobility solutions. It is involved in the design and production of electrical vertical take-off and landing vehicles (eVTOLs); provision of eVTOL service and support capabilities, including material services, maintenance, technical support, training, ground handling, and data services; and development of urban air traffic management systems. The company is based in Melbourne, Florida. Eve Holding, Inc. operates as a subsidiary of Embraer S.A.

About New Horizon Aircraft

New Horizon Aircraft Ltd., an aerospace original equipment manufacturer company, focuses on designing and developing hybrid electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market. It is developing Cavorite X7, a hybrid electric 7-seat aircraft that can take off and land vertically. The company was founded in 2013 and is headquartered in Lindsay, Canada.