Research Analysts Offer Predictions for EVE Q4 Earnings

Eve Holding, Inc. (NYSE:EVEX) – HC Wainwright lowered their Q4 2024 EPS estimates for shares of EVE in a research note issued on Tuesday, November 5th. HC Wainwright analyst A. Dayal now forecasts that the company will post earnings of ($0.14) per share for the quarter, down from their prior estimate of ($0.13). HC Wainwright has a “Buy” rating and a $6.00 price objective on the stock. The consensus estimate for EVE’s current full-year earnings is ($0.49) per share. HC Wainwright also issued estimates for EVE’s FY2025 earnings at ($0.43) EPS, FY2026 earnings at ($0.58) EPS, FY2027 earnings at ($0.59) EPS and FY2028 earnings at ($0.38) EPS.

Separately, Cantor Fitzgerald reiterated an “overweight” rating and issued a $5.00 price target on shares of EVE in a research note on Tuesday.

EVE Trading Up 7.8 %

NYSE:EVEX opened at $2.89 on Thursday. The company has a debt-to-equity ratio of 0.50, a current ratio of 3.87 and a quick ratio of 3.87. The firm has a market capitalization of $838.50 million, a price-to-earnings ratio of -6.02 and a beta of 0.37. EVE has a one year low of $2.33 and a one year high of $7.67. The business has a fifty day moving average price of $3.09 and a 200-day moving average price of $3.74.

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

Institutional Investors Weigh In On EVE

A number of institutional investors have recently bought and sold shares of the business. SG Americas Securities LLC bought a new position in shares of EVE during the 3rd quarter valued at about $35,000. Blair William & Co. IL bought a new position in shares of EVE during the 2nd quarter valued at about $190,000. Finally, Vanguard Group Inc. boosted its holdings in shares of EVE by 7.1% during the 1st quarter. Vanguard Group Inc. now owns 517,707 shares of the company’s stock valued at $2,796,000 after purchasing an additional 34,484 shares during the last quarter. Hedge funds and other institutional investors own 1.27% of the company’s stock.

About EVE

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.