HC Wainwright Comments on EVE’s Q1 Earnings (NYSE:EVEX)

Eve Holding, Inc. (NYSE:EVEX) – Research analysts at HC Wainwright issued their Q1 2025 earnings estimates for shares of EVE in a research note issued to investors on Wednesday, March 12th. HC Wainwright analyst A. Dayal expects that the company will post earnings per share of ($0.14) for the quarter. HC Wainwright has a “Buy” rating and a $6.00 price target on the stock. The consensus estimate for EVE’s current full-year earnings is ($0.50) per share. HC Wainwright also issued estimates for EVE’s FY2029 earnings at $0.12 EPS.

Several other equities research analysts have also commented on the stock. Canaccord Genuity Group boosted their price target on shares of EVE from $6.75 to $7.00 and gave the company a “buy” rating in a report on Monday, December 2nd. TD Cowen upgraded shares of EVE to a “hold” rating in a report on Thursday, December 19th. Finally, Cantor Fitzgerald restated an “overweight” rating and issued a $5.00 price target on shares of EVE in a report on Friday.

EVE Trading Down 2.9 %

Shares of EVEX opened at $3.19 on Friday. EVE has a 1-year low of $2.33 and a 1-year high of $6.09. The company has a 50-day moving average of $4.50 and a 200 day moving average of $3.92. The firm has a market capitalization of $948.00 million, a price-to-earnings ratio of -6.64 and a beta of 0.45. The company has a debt-to-equity ratio of 0.42, a current ratio of 5.21 and a quick ratio of 5.21.

EVE (NYSE:EVEX) last announced its quarterly earnings data on Friday, March 14th. The company reported ($0.14) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.15) by $0.01.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the company. Geode Capital Management LLC raised its stake in shares of EVE by 29.0% during the 4th quarter. Geode Capital Management LLC now owns 1,096,885 shares of the company’s stock worth $5,969,000 after acquiring an additional 246,863 shares in the last quarter. Northern Trust Corp raised its stake in shares of EVE by 89.7% during the 4th quarter. Northern Trust Corp now owns 420,000 shares of the company’s stock worth $2,285,000 after acquiring an additional 198,627 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of EVE by 22.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 408,274 shares of the company’s stock worth $2,221,000 after acquiring an additional 75,542 shares in the last quarter. State Street Corp raised its stake in shares of EVE by 3.8% during the 3rd 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 in the last quarter. Finally, JPMorgan Chase & Co. grew its position in EVE by 380.2% during the 4th quarter. JPMorgan Chase & Co. now owns 186,462 shares of the company’s stock worth $1,014,000 after purchasing an additional 147,632 shares during the last quarter. Institutional investors own 1.27% of the company’s stock.

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.