Analysts Issue Forecasts for EVE FY2025 Earnings

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

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

Several other equities analysts also recently weighed in on EVEX. Canaccord Genuity Group raised their target price on EVE from $6.75 to $7.00 and gave the company a “buy” rating in a research report on Monday, December 2nd. TD Cowen upgraded EVE to a “hold” rating in a report on Thursday, December 19th.

EVE Trading Down 3.0 %

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

Institutional Trading of EVE

A number of hedge funds have recently bought and sold shares of the business. Charles Schwab Investment Management Inc. raised its stake in shares of EVE by 63.6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 332,732 shares of the company’s stock valued at $1,078,000 after acquiring an additional 129,300 shares during the period. Geode Capital Management LLC boosted its position in EVE by 65.4% in the 3rd quarter. Geode Capital Management LLC now owns 850,022 shares of the company’s stock valued at $2,754,000 after buying an additional 336,133 shares during the period. Franklin Resources Inc. acquired a new position in shares of EVE in the third quarter worth $53,000. State Street Corp increased its position in shares of EVE by 3.8% during the third quarter. State Street Corp now owns 378,123 shares of the company’s stock worth $1,225,000 after acquiring an additional 13,700 shares during the period. Finally, Barclays PLC raised its stake in shares of EVE by 594.1% in the third quarter. Barclays PLC now owns 43,931 shares of the company’s stock valued at $141,000 after acquiring an additional 37,602 shares in the last quarter. Institutional investors and hedge funds own 1.27% of the company’s stock.

EVE Company Profile

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.