Research Analysts Offer Predictions for EVE FY2025 Earnings

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 expects 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 price target on the stock. The consensus estimate for EVE’s current full-year earnings is ($0.50) per share.

A number of other research firms have also commented on EVEX. TD Cowen upgraded shares of EVE to a “hold” rating in a research note on Thursday, December 19th. Canaccord Genuity Group boosted their price target on EVE from $6.75 to $7.00 and gave the company a “buy” rating in a research report on Monday, December 2nd.

EVE Stock Up 6.5 %

Shares of EVEX opened at $4.93 on Wednesday. The company’s 50 day simple moving average is $4.49 and its 200-day simple moving average is $3.57. EVE has a 12-month low of $2.33 and a 12-month high of $7.08. The company has a debt-to-equity ratio of 0.42, a quick ratio of 5.21 and a current ratio of 5.21.

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

Institutional Trading of EVE

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Geode Capital Management LLC boosted its position in shares of EVE by 65.4% during the 3rd quarter. Geode Capital Management LLC now owns 850,022 shares of the company’s stock worth $2,754,000 after purchasing an additional 336,133 shares in the last quarter. State Street Corp boosted its holdings in EVE by 3.8% during the third quarter. State Street Corp now owns 378,123 shares of the company’s stock worth $1,225,000 after buying an additional 13,700 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in EVE by 63.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 332,732 shares of the company’s stock worth $1,078,000 after buying an additional 129,300 shares during the period. Blair William & Co. IL purchased a new position in EVE in the second quarter valued at about $190,000. Finally, Barclays PLC increased its holdings in EVE by 594.1% in the third quarter. Barclays PLC now owns 43,931 shares of the company’s stock valued at $141,000 after buying an additional 37,602 shares in the last quarter. Hedge funds and other 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.