EVE (EVEX) Stock Price, News & Analysis

Company Overview

Eve Holding, Inc., together with its subsidiaries, develops urban air mobility solutions. It is involved in the design and production of electrical vertical take-off and landing vehicles (eVTOLs); provision of eVTOL service and support capabilities, including material services, maintenance, technical support, training, ground handling, and data services; and development of urban air traffic management systems. The company is based in Melbourne, Florida. Eve Holding, Inc. operates as a subsidiary of Embraer S.A.

Key Stats

• Today's Range: $3.24 to $3.36
• 50-Day Range: $2.68 to $3.48
• 52-Week Range: $2.33 to $7.57
• Volume: 228,591 shs
• Average Volume: 233,674 shs
• Market Capitalization: $997.09 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $6.50
• Consensus Rating: Buy

EVE Stock Analysis - MarketRank™

EVE scored higher than 34% of companies evaluated by MarketBeat, and ranked 37th out of 50 stocks in the aerospace sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

EVE has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

EVE has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: Decreasing

Earnings Growth

Earnings for EVE are expected to decrease in the coming year, from ($0.50) to ($0.53) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of EVE is -6.98, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of EVE is -6.98, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

EVE has a P/B Ratio of 6.09. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

7.07% of the float of EVE has been sold short.

Short Interest Ratio / Days to Cover

EVE has a short interest ratio ("days to cover") of 11.9, which indicates bearish sentiment.

Change versus previous month

Short interest in EVE has recently decreased by 5.39%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

EVE does not currently pay a dividend.

Dividend Growth

EVE does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

7.07% of the float of EVE has been sold short.

Short Interest Ratio / Days to Cover

EVE has a short interest ratio ("days to cover") of 11.9, which indicates bearish sentiment.

Change versus previous month

Short interest in EVE has recently decreased by 5.39%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 1.43

News Sentiment

EVE has a news sentiment score of 1.43. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.77 average news sentiment score of Aerospace companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for EVE this week, compared to 2 articles on an average week.

Search Interest

3 people have searched for EVEX on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, EVE insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.24% of the stock of EVE is held by insiders.

Percentage Held by Institutions

Only 1.27% of the stock of EVE is held by institutions.

EVEX Stock Analysis - Frequently Asked Questions

How have EVEX shares performed this year?

EVE's stock was trading at $7.32 on January 1st, 2024. Since then, EVEX shares have decreased by 54.2% and is now trading at $3.35.
View the best growth stocks for 2024 here.

How were EVE's earnings last quarter?

Eve Holding, Inc. (NYSE:EVEX) released its quarterly earnings data on Monday, November, 4th. The company reported ($0.12) earnings per share for the quarter, beating the consensus estimate of ($0.13) by $0.01.

Who are EVE's major shareholders?

EVE's top institutional shareholders include Geode Capital Management LLC (0.29%), State Street Corp (0.13%), Charles Schwab Investment Management Inc. (0.11%) and Barclays PLC (0.02%).

How do I buy shares of EVE?

Shares of EVEX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of EVE own?

Based on aggregate information from My MarketBeat watchlists, some other companies that EVE investors own include Enovix (ENVX), Rambus (RMBS), Ginkgo Bioworks (DNA), Toast (TOST), COMPASS Pathways (CMPS), Globant (GLOB) and Saia (SAIA).

Company Calendar

• Last Earnings: 11/04/2024
• Today: 11/24/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/14/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Aerospace
• Industry: Aircraft
• Sub-Industry: Aircraft
• Current Symbol: NYSE:EVEX
• CUSIP: N/A
• CIK: 1823652
• Web: www.zaniteacquisition.com
• Phone: 321-751-5050
• Fax: N/A
• Employees: 3
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $6.50
• High Stock Price Target: $8.50
• Low Stock Price Target: $5.00
• Potential Upside/Downside: +94.0%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.48)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-127,660,000.00
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -95.17%
• Return on Assets: -55.94%

Debt

• Debt-to-Equity Ratio: 0.42
• Current Ratio: 5.21
• Quick Ratio: 5.21

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.55 per share
• Price / Book: 6.09

Miscellaneous

• Outstanding Shares: 297,640,000
• Free Float: 296,930,000
• Market Cap: $997.09 million
• Optionable: Optionable
• Beta: 0.37