EHang (NASDAQ:EH - Get Free Report) will be issuing its quarterly earnings data before the market opens on Monday, November 18th. EHang has set its Q3 2024 guidance at EPS.
EHang (NASDAQ:EH - Get Free Report) last announced its quarterly earnings data on Thursday, August 22nd. The company reported ($0.14) EPS for the quarter. The company had revenue of $14.04 million for the quarter. EHang had a negative net margin of 110.21% and a negative return on equity of 84.09%. During the same period in the prior year, the company earned ($0.18) earnings per share. On average, analysts expect EHang to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
EHang Price Performance
Shares of EHang stock traded down $1.03 during trading on Tuesday, hitting $15.84. 1,640,052 shares of the company's stock traded hands, compared to its average volume of 1,317,278. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.12 and a quick ratio of 1.99. The firm's fifty day moving average price is $15.16 and its 200 day moving average price is $14.96. The company has a market cap of $1.01 billion, a PE ratio of -27.07 and a beta of 0.99. EHang has a twelve month low of $9.51 and a twelve month high of $22.98.
Wall Street Analysts Forecast Growth
A number of equities analysts have issued reports on the stock. China Renaissance assumed coverage on shares of EHang in a report on Tuesday, September 24th. They set a "buy" rating for the company. UBS Group assumed coverage on shares of EHang in a report on Wednesday, August 28th. They set a "buy" rating and a $22.00 price objective on the stock.
Get Our Latest Stock Analysis on EH
About EHang
(
Get Free Report)
EHang Holdings Limited operates as an autonomous aerial vehicle (AAV) technology platform company in the People's Republic of China, East Asia, West Asia, Europe, and internationally. It designs, develops, manufactures, sells, and operates AAVs, as well as their supporting systems and infrastructure for various industries and applications, including passenger transportation, logistics, smart city management, and aerial media solutions.
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