FY2025 Earnings Forecast for EVE Issued By Cantor Fitzgerald

Eve Holding, Inc. (NYSE:EVEX) – Research analysts at Cantor Fitzgerald issued their FY2025 EPS estimates for shares of EVE in a report released on Tuesday, January 21st. Cantor Fitzgerald analyst A. Sheppard forecasts 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 announced its quarterly earnings data on Monday, November 4th. The company reported ($0.12) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.13) by $0.01. During the same quarter in the prior year, the firm earned ($0.11) earnings per share.

EVEX has been the topic of several other research reports. Canaccord Genuity Group increased their target price on EVE from $6.75 to $7.00 and gave the company a “buy” rating in a research note on Monday, December 2nd. TD Cowen upgraded shares of EVE to a “hold” rating in a research report on Thursday, December 19th.

EVE Stock Down 0.7 %

NYSE:EVEX opened at $4.90 on Wednesday. The company has a quick ratio of 5.21, a current ratio of 5.21 and a debt-to-equity ratio of 0.42. EVE has a 12-month low of $2.33 and a 12-month high of $7.08. The stock’s fifty day simple moving average is $4.56 and its 200-day simple moving average is $3.59. The firm has a market capitalization of $1.46 billion, a P/E ratio of -10.21 and a beta of 0.42.

Institutional Investors Weigh In On EVE

A number of hedge funds have recently modified their holdings of the business. SG Americas Securities LLC bought a new stake in EVE during the 3rd quarter worth approximately $35,000. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of EVE during the third quarter worth $40,000. Franklin Resources Inc. bought a new stake in shares of EVE during the third quarter worth $53,000. Readystate Asset Management LP acquired a new position in EVE in the 3rd quarter worth $83,000. Finally, JPMorgan Chase & Co. increased its holdings in EVE by 296.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 38,830 shares of the company’s stock worth $126,000 after purchasing an additional 29,029 shares in the last quarter. Institutional investors and hedge funds 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.