Equities Analysts Issue Forecasts for EVE FY2025 Earnings

Eve Holding, Inc. (NYSE:EVEX) – Equities research analysts at Cantor Fitzgerald issued their FY2025 earnings estimates for shares of EVE in a research report issued to clients and investors on Tuesday, January 21st. Cantor Fitzgerald analyst A. Sheppard anticipates that the company will post earnings per share of ($0.58) for the year. Cantor Fitzgerald has a “Overweight” rating and a $5.00 price objective on the stock. The consensus estimate for EVE’s current full-year earnings is ($0.50) per share.

EVE (NYSE:EVEX) last posted its earnings results on Monday, November 4th. The company reported ($0.12) earnings per share for the quarter, beating the consensus estimate of ($0.13) by $0.01. During the same quarter in the previous year, the firm earned ($0.11) EPS.

A number of other equities analysts have also commented on the company. TD Cowen raised EVE to a “hold” rating in a research note on Thursday, December 19th. Canaccord Genuity Group lifted their price target on shares of EVE from $6.75 to $7.00 and gave the company a “buy” rating in a research note on Monday, December 2nd.

EVE Trading Down 3.0 %

Shares of EVE stock opened at $4.74 on Wednesday. EVE has a twelve month low of $2.33 and a twelve month high of $7.03. The company has a quick ratio of 5.21, a current ratio of 5.21 and a debt-to-equity ratio of 0.42. The business has a 50-day moving average price of $4.56 and a 200-day moving average price of $3.59. The firm has a market cap of $1.41 billion, a price-to-earnings ratio of -9.86 and a beta of 0.42.

Institutional Investors Weigh In On EVE

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in EVEX. Blair William & Co. IL acquired a new position in EVE in the 2nd quarter worth approximately $190,000. SG Americas Securities LLC purchased a new stake in EVE during the third quarter worth $35,000. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in EVE during the third quarter worth $40,000. Charles Schwab Investment Management Inc. grew its position in EVE by 63.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 332,732 shares of the company’s stock valued at $1,078,000 after buying an additional 129,300 shares during the period. Finally, Readystate Asset Management LP purchased a new position in EVE in the third quarter valued at $83,000. 1.27% of the stock is currently owned by hedge funds and other institutional investors.

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.