FY2025 Earnings Forecast for EVE Issued By Cantor Fitzgerald

Eve Holding, Inc. (NYSE:EVEX) – Equities research analysts at Cantor Fitzgerald reduced their FY2025 earnings per share estimates for shares of EVE in a research report issued on Tuesday, May 13th. Cantor Fitzgerald analyst A. Sheppard now anticipates that the company will post earnings per share of ($0.73) for the year, down from their prior estimate of ($0.65). 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.

Separately, HC Wainwright reaffirmed a “buy” rating and issued a $6.00 price objective on shares of EVE in a research note on Wednesday, March 12th.

EVE Price Performance

Shares of EVE stock opened at $4.50 on Thursday. EVE has a 52 week low of $2.33 and a 52 week high of $6.09. The company has a current ratio of 5.21, a quick ratio of 5.21 and a debt-to-equity ratio of 0.42. The stock has a market cap of $1.34 billion, a PE ratio of -9.37 and a beta of 0.53. The company’s 50-day moving average price is $3.57 and its two-hundred day moving average price is $4.07.

EVE (NYSE:EVEX) last announced its quarterly earnings data on Monday, May 12th. The company reported ($0.16) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($0.03).

Institutional Investors Weigh In On EVE

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Geode Capital Management LLC grew its holdings in shares of EVE by 29.0% in the 4th quarter. Geode Capital Management LLC now owns 1,096,885 shares of the company’s stock worth $5,969,000 after acquiring an additional 246,863 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of EVE by 22.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 408,274 shares of the company’s stock valued at $2,221,000 after purchasing an additional 75,542 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of EVE by 296.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 38,830 shares of the company’s stock valued at $126,000 after purchasing an additional 29,029 shares during the period. Barclays PLC boosted its position in shares of EVE by 594.1% in the 3rd quarter. Barclays PLC now owns 43,931 shares of the company’s stock valued at $141,000 after purchasing an additional 37,602 shares during the period. Finally, Legal & General Group Plc increased its stake in EVE by 118.0% in 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 in 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.