EVE (NYSE:EVEX – Get Free Report)‘s stock had its “overweight” rating reaffirmed by analysts at Cantor Fitzgerald in a report issued on Monday, Benzinga reports. They presently have a $5.00 price objective on the stock. Cantor Fitzgerald’s target price would indicate a potential upside of 55.28% from the stock’s previous close.
A number of other research firms also recently commented on EVEX. Canaccord Genuity Group reduced their target price on EVE from $9.00 to $8.50 and set a “buy” rating for the company in a report on Tuesday, July 2nd. HC Wainwright started coverage on shares of EVE in a research note on Tuesday, September 3rd. They issued a “buy” rating and a $6.00 price objective for the company.
View Our Latest Report on EVEX
EVE Price Performance
EVE (NYSE:EVEX – Get Free Report) last released its earnings results on Tuesday, August 6th. The company reported ($0.13) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.13). On average, equities analysts anticipate that EVE will post -0.49 EPS for the current fiscal year.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in EVE stock. Vanguard Group Inc. boosted its holdings in Eve Holding, Inc. (NYSE:EVEX – Free Report) by 7.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 517,707 shares of the company’s stock after acquiring an additional 34,484 shares during the period. Vanguard Group Inc. owned 0.19% of EVE worth $2,796,000 as of its most recent filing with the Securities and Exchange Commission. 1.27% of the stock is currently owned by hedge funds and other institutional investors.
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.
Recommended Stories
- Five stocks we like better than EVE
- How to Capture the Benefits of Dividend Increases
- Is David Tepper Right About Chinese Stocks?
- How to Know if a Stock Pays Dividends and When They Are Paid Out
- Earnings Season Countdown: 4 Stocks Poised for Growth
- The 3 Best Retail Stocks to Shop for in August
- Salesforce Stock Gets a Wall Street Boost, Cloud Businesses Back?
Receive News & Ratings for EVE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EVE and related companies with MarketBeat.com's FREE daily email newsletter.