Cantor Fitzgerald reissued their overweight rating on shares of EVE (NYSE:EVEX – Free Report) in a report published on Tuesday,Benzinga reports. Cantor Fitzgerald currently has a $5.00 price target on the stock. Cantor Fitzgerald also issued estimates for EVE’s FY2024 earnings at ($0.50) EPS.
Separately, HC Wainwright assumed coverage on EVE in a research report on Tuesday, September 3rd. They issued a “buy” rating and a $6.00 price objective for the company.
Read Our Latest Stock Report on EVEX
EVE Stock Performance
EVE (NYSE:EVEX – Get Free Report) last posted its quarterly earnings data on Monday, November 4th. The company reported ($0.12) EPS for the quarter, beating analysts’ consensus estimates of ($0.13) by $0.01. During the same period in the previous year, the firm earned ($0.11) earnings per share. On average, equities analysts expect that EVE will post -0.49 earnings per share for the current fiscal year.
Institutional Trading of EVE
Institutional investors have recently made changes to their positions in the company. SG Americas Securities LLC acquired a new stake in shares of EVE in the third quarter worth approximately $35,000. Blair William & Co. IL acquired a new position in EVE during the second quarter worth $190,000. Finally, Vanguard Group Inc. boosted its stake in EVE by 7.1% during the first quarter. Vanguard Group Inc. now owns 517,707 shares of the company’s stock worth $2,796,000 after buying an additional 34,484 shares during the last quarter. 1.27% of the stock is owned by institutional investors and hedge funds.
EVE Company Profile
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.
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