HC Wainwright Comments on EVE’s Q1 Earnings (NYSE:EVEX)

Eve Holding, Inc. (NYSE:EVEX) – Stock analysts at HC Wainwright issued their Q1 2025 EPS estimates for EVE in a note issued to investors on Wednesday, March 12th. HC Wainwright analyst A. Dayal forecasts that the company will earn ($0.14) per share for the quarter. 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 ($0.50) per share. HC Wainwright also issued estimates for EVE’s FY2029 earnings at $0.12 EPS.

Several other equities analysts have also recently weighed in on the stock. TD Cowen raised shares of EVE to a “hold” rating in a research note on Thursday, December 19th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $5.00 target price on shares of EVE in a research note on Friday. Finally, Canaccord Genuity Group raised their target price on shares of EVE from $6.75 to $7.00 and gave the company a “buy” rating in a research note on Monday, December 2nd.

EVE Trading Down 2.9 %

NYSE:EVEX opened at $3.19 on Friday. The stock has a market cap of $948.00 million, a price-to-earnings ratio of -6.64 and a beta of 0.45. The company’s 50 day moving average price is $4.50 and its 200-day moving average price is $3.92. EVE has a 52 week low of $2.33 and a 52 week high of $6.09. 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 (NYSE:EVEX) last announced its quarterly earnings data on Friday, March 14th. The company reported ($0.14) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.15) by $0.01.

Hedge Funds Weigh In On EVE

Institutional investors and hedge funds have recently made changes to their positions in the business. Summit Investment Advisors Inc. grew its stake in shares of EVE by 257.5% in the 4th quarter. Summit Investment Advisors Inc. now owns 5,345 shares of the company’s stock worth $29,000 after buying an additional 3,850 shares in the last quarter. Legal & General Group Plc boosted its stake in shares of EVE by 118.0% during the 4th quarter. Legal & General Group Plc now owns 5,545 shares of the company’s stock worth $30,000 after purchasing an additional 3,001 shares during the period. BNP Paribas Financial Markets purchased a new position in shares of EVE during the 4th quarter worth about $34,000. Invesco Ltd. purchased a new position in shares of EVE during the 4th quarter worth about $62,000. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of EVE during the 3rd quarter worth about $40,000. 1.27% of the stock is owned by hedge funds and other institutional investors.

EVE Company Profile

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.