Microvast FY2025 EPS Forecast Increased by Cantor Fitzgerald

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 raised their FY2025 earnings estimates for shares of Microvast in a report released on Wednesday, August 13th. Cantor Fitzgerald analyst D. Soderberg now forecasts that the company will post earnings of $0.16 per share for the year, up from their previous forecast 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 issued 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 negative net margin of 26.82% and a positive return on equity of 10.32%. The business had revenue of $91.34 million during the quarter, compared to the consensus estimate of $106.79 million. Microvast has set its FY 2025 guidance at EPS.

Other equities analysts also recently issued research reports about the stock. Wall Street Zen raised shares of Microvast from a "hold" rating to a "buy" rating in a report on Thursday, May 22nd. Zacks Research raised shares of Microvast from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, August 13th. One analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Strong Buy" and a consensus price target of $3.00.

Microvast Trading Down 4.7%

MVST traded down $0.1250 during trading on Thursday, hitting $2.5250. 2,959,259 shares of the stock traded hands, compared to its average volume of 8,559,022. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.83 and a quick ratio of 0.56. The firm has a 50-day moving average of $3.42 and a 200 day moving average of $2.59. The firm has a market capitalization of $821.51 million, a P/E ratio of -4.95 and a beta of 3.02. Microvast has a 12-month low of $0.15 and a 12-month high of $4.72.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of MVST. State of Wyoming purchased a new stake in Microvast during the second quarter worth $175,000. Tower Research Capital LLC TRC bought a new position in Microvast during the 2nd quarter worth approximately $75,000. Tidal Investments LLC bought a new position in Microvast during the 2nd quarter worth approximately $41,000. BNP Paribas Financial Markets lifted its holdings in shares of Microvast by 467.3% in the 2nd quarter. BNP Paribas Financial Markets now owns 358,476 shares of the company's stock worth $1,301,000 after purchasing an additional 295,285 shares during the last quarter. Finally, Brevan Howard Capital Management LP increased its position in Microvast by 89.0% in the 2nd quarter. Brevan Howard Capital Management LP now owns 109,353 shares of the company's stock valued at $397,000 after acquiring an additional 51,482 shares during the period. Institutional investors and hedge funds 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.