Microvast FY2025 EPS Estimate Decreased by Cantor Fitzgerald

Microvast Holdings, Inc. (NASDAQ:MVST) – Cantor Fitzgerald decreased their FY2025 earnings per share estimates for Microvast in a report released on Thursday, April 3rd. Cantor Fitzgerald analyst D. Soderberg now forecasts that the company will post earnings per share of ($0.32) for the year, down from their previous estimate of ($0.02). The consensus estimate for Microvast’s current full-year earnings is ($0.30) per share.

Microvast Stock Performance

NASDAQ:MVST opened at $1.80 on Monday. The stock’s 50-day moving average is $1.62 and its 200-day moving average is $1.22. Microvast has a 1-year low of $0.15 and a 1-year high of $2.87. The company has a current ratio of 1.30, a quick ratio of 0.83 and a debt-to-equity ratio of 0.24. The stock has a market cap of $585.38 million, a P/E ratio of -4.74 and a beta of 2.54.

Institutional Investors Weigh In On Microvast

Institutional investors have recently added to or reduced their stakes in the business. Squarepoint Ops LLC bought a new position in shares of Microvast during the fourth quarter valued at $737,000. Bank of America Corp DE increased its holdings in Microvast by 193.9% in the fourth quarter. Bank of America Corp DE now owns 112,754 shares of the company’s stock valued at $233,000 after purchasing an additional 74,393 shares during the period. BNP Paribas Financial Markets bought a new position in Microvast during the 4th quarter worth $25,000. Schonfeld Strategic Advisors LLC acquired a new position in Microvast during the 4th quarter worth about $73,000. Finally, XTX Topco Ltd grew its position in shares of Microvast by 38.4% in the 4th quarter. XTX Topco Ltd now owns 119,066 shares of the company’s stock valued at $246,000 after buying an additional 33,016 shares during the last quarter. 20.72% of the stock is owned by institutional investors.

Microvast Company Profile

Microvast Holdings, Inc provides battery technologies for electric vehicles and energy storage solutions. The company offers a range of cell chemistries, such as lithium titanate oxide, lithium iron phosphate, and nickel manganese cobalt version 1 and 2. It also designs, develops, and manufactures battery components, such as cathode, anode, electrolyte, and separator.