Cantor Fitzgerald Forecasts Increased Earnings for Microvast

Key Points

• Cantor Fitzgerald has raised its FY2025 earnings per share estimate for Microvast from $0.11 to $0.16, indicating a positive outlook for the company's financial performance.
• Microvast reported a quarterly earnings per share of $0.05, surpassing predictions and demonstrating a positive return on equity despite a negative net margin.
• Recent upgrades by institutional investors, including those by Amalgamated Bank and SBI Securities Co. Ltd., reflect growing confidence in Microvast, now held by institutional investors owning 20.72% of the company.

Microvast Holdings, Inc. (NASDAQ:MVST - Free Report) - Equities research analysts at Cantor Fitzgerald boosted their FY2025 earnings per share (EPS) estimates for Microvast in a research note issued on Wednesday, August 13th. Cantor Fitzgerald analyst D. Soderberg now expects that the company will earn $0.16 per share for the year, up from their previous estimate of $0.11. The consensus estimate for Microvast's current full-year earnings is ($0.30) per share. Cantor Fitzgerald also issued estimates for Microvast's FY2026 earnings at $0.25 EPS.

Microvast (NASDAQ:MVST - Get Free Report) last posted its quarterly earnings data on Monday, August 11th. The company reported $0.05 EPS for the quarter, beating the consensus estimate of $0.01 by $0.04. Microvast had a positive return on equity of 10.32% and a negative net margin of 26.82%. The business had revenue of $91.34 million for the quarter, compared to the consensus estimate of $106.79 million.

Separately, Wall Street Zen upgraded Microvast from a "hold" rating to a "buy" rating in a research report on Thursday, May 22nd.

Microvast Price Performance

Microvast stock opened at $2.91 on Thursday. Microvast has a 12 month low of $0.15 and a 12 month high of $4.72. The company has a current ratio of 0.83, a quick ratio of 0.94 and a debt-to-equity ratio of 0.21. The business's 50 day simple moving average is $3.49 and its 200 day simple moving average is $2.56. The company has a market cap of $945.48 million, a price-to-earnings ratio of -5.71 and a beta of 3.02.

Institutional Investors Weigh In On Microvast

Several institutional investors have recently made changes to their positions in the stock. Amalgamated Bank purchased a new stake in shares of Microvast during the second quarter worth $25,000. SBI Securities Co. Ltd. increased its holdings in shares of Microvast by 11.4% in the second quarter. SBI Securities Co. Ltd. now owns 77,976 shares of the company's stock worth $283,000 after purchasing an additional 7,987 shares during the period. Calamos Advisors LLC bought a new position in shares of Microvast in the second quarter worth $38,000. BNP Paribas Financial Markets bought a new position in shares of Microvast in the fourth quarter worth $25,000. Finally, Transcend Capital Advisors LLC bought a new position in shares of Microvast in the second quarter worth $54,000. Hedge funds and other institutional investors own 20.72% of the company's stock.

About Microvast

Microvast Holdings, Inc provides battery technologies for electric vehicles and energy storage solutions. The company offers a range of cell chemistries, such as lithium titanate oxide, lithium iron phosphate, and nickel manganese cobalt version 1 and 2. It also designs, develops, and manufactures battery components, such as cathode, anode, electrolyte, and separator.

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