FY2025 Earnings Estimate for EVE Issued By Cantor Fitzgerald

Eve Holding, Inc. (NYSE:EVEX) – Investment analysts at Cantor Fitzgerald issued their FY2025 earnings per share estimates for shares of EVE in a research note issued to investors on Tuesday, January 21st. Cantor Fitzgerald analyst A. Sheppard anticipates that the company will post earnings of ($0.58) per share for the year. Cantor Fitzgerald has a “Overweight” rating and a $5.00 price objective on the stock. The consensus estimate for EVE’s current full-year earnings is ($0.50) per share.

EVE (NYSE:EVEX) last released its 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 quarter in the previous year, the business posted ($0.11) EPS.

Other analysts have also recently issued research reports about the stock. TD Cowen raised shares of EVE to a “hold” rating in a research note on Thursday, December 19th. Canaccord Genuity Group raised their target price on EVE from $6.75 to $7.00 and gave the stock a “buy” rating in a research note on Monday, December 2nd.

EVE Stock Up 6.5 %

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

Institutional Trading of EVE

Several hedge funds have recently made changes to their positions in the business. SG Americas Securities LLC purchased a new position in EVE in the third quarter valued at $35,000. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of EVE during the third quarter worth about $40,000. Franklin Resources Inc. purchased a new stake in shares of EVE during the third quarter worth approximately $53,000. Readystate Asset Management LP acquired a new stake in EVE in the third quarter valued at approximately $83,000. Finally, JPMorgan Chase & Co. lifted its stake in EVE by 296.2% in the third quarter. JPMorgan Chase & Co. now owns 38,830 shares of the company’s stock worth $126,000 after acquiring an additional 29,029 shares during the last quarter. Institutional investors and hedge funds own 1.27% of the company’s stock.

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.