EVE (NYSE:EVEX) Issues Earnings Results

EVE (NYSE:EVEX) released its quarterly earnings results on Monday. The company reported ($0.12) EPS for the quarter, topping the consensus estimate of ($0.13) by $0.01, Zacks reports. During the same quarter in the prior year, the business posted ($0.11) EPS.

EVE Stock Down 0.3 %

Shares of NYSE EVEX traded down $0.01 during trading hours on Thursday, hitting $2.88. The stock had a trading volume of 95,517 shares, compared to its average volume of 135,054. The firm’s 50-day moving average price is $3.09 and its two-hundred day moving average price is $3.74. EVE has a 52 week low of $2.33 and a 52 week high of $7.67. The company has a market capitalization of $835.61 million, a P/E ratio of -6.02 and a beta of 0.37. The company has a debt-to-equity ratio of 0.50, a quick ratio of 3.87 and a current ratio of 3.87.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on EVEX shares. HC Wainwright initiated coverage on EVE in a report on Tuesday, September 3rd. They set a “buy” rating and a $6.00 price target on the stock. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $5.00 target price on shares of EVE in a report on Tuesday.

EVE Company Profile

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.