Shares of Eve Holding, Inc. (NYSE:EVEX - Get Free Report) traded up 5.2% during mid-day trading on Wednesday . The company traded as high as $3.18 and last traded at $3.26. 11,559 shares changed hands during trading, a decline of 96% from the average session volume of 261,854 shares. The stock had previously closed at $3.10.
Analysts Set New Price Targets
A number of brokerages recently issued reports on EVEX. HC Wainwright restated a "buy" rating and issued a $6.00 price target on shares of EVE in a research report on Wednesday, March 12th. TD Cowen raised EVE to a "hold" rating in a research report on Thursday, December 19th. Canaccord Genuity Group increased their price objective 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. Finally, Cantor Fitzgerald reiterated an "overweight" rating and issued a $5.00 target price on shares of EVE in a research note on Friday, March 14th.
Check Out Our Latest Research Report on EVEX
EVE Stock Up 1.9 %
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 capitalization of $1.06 billion, a PE ratio of -7.45 and a beta of 0.45. The company's 50-day moving average is $4.28 and its 200 day moving average is $3.95.
EVE (NYSE:EVEX - Get Free Report) last announced its quarterly earnings data on Friday, March 14th. The company reported ($0.14) earnings per share for the quarter, beating analysts' consensus estimates of ($0.15) by $0.01. As a group, analysts anticipate that Eve Holding, Inc. will post -0.5 EPS for the current year.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Geode Capital Management LLC grew its position in EVE by 65.4% during the third quarter. Geode Capital Management LLC now owns 850,022 shares of the company's stock valued at $2,754,000 after buying an additional 336,133 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in shares of EVE by 63.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 332,732 shares of the company's stock worth $1,078,000 after buying an additional 129,300 shares in the last quarter. Franklin Resources Inc. acquired a new stake in shares of EVE in the third quarter valued at about $53,000. JPMorgan Chase & Co. lifted its stake in shares of 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 buying an additional 29,029 shares in the last quarter. Finally, Barclays PLC lifted its stake in shares of EVE by 594.1% in the third quarter. Barclays PLC now owns 43,931 shares of the company's stock worth $141,000 after buying an additional 37,602 shares in the last quarter. 1.27% of the stock is currently owned by institutional investors and hedge funds.
About EVE
(
Get Free Report)
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.
See Also
Before you consider EVE, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and EVE wasn't on the list.
While EVE currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
