EVE (NYSE:EVEX - Get Free Report) had its price target hoisted by equities research analysts at HC Wainwright from $6.00 to $8.00 in a research report issued to clients and investors on Monday,Benzinga reports. The brokerage presently has a "buy" rating on the stock. HC Wainwright's price target points to a potential upside of 41.07% from the stock's current price.
Separately, Cantor Fitzgerald reissued an "overweight" rating and set a $5.00 target price on shares of EVE in a report on Friday, March 14th.
Read Our Latest Analysis on EVE
EVE Price Performance
NYSE EVEX traded up $0.22 during trading hours on Monday, reaching $5.67. The company's stock had a trading volume of 292,813 shares, compared to its average volume of 256,781. The company has a debt-to-equity ratio of 0.42, a current ratio of 5.21 and a quick ratio of 5.21. EVE has a 1-year low of $2.33 and a 1-year high of $6.13. The company's 50-day moving average is $4.05 and its two-hundred day moving average is $4.30. The firm has a market capitalization of $1.69 billion, a price-to-earnings ratio of -11.79 and a beta of 0.77.
EVE (NYSE:EVEX - Get Free Report) last announced its earnings results on Monday, May 12th. The company reported ($0.16) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.13) by ($0.03). On average, equities analysts predict that EVE will post -0.5 EPS for the current year.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the business. Legal & General Group Plc lifted its position in EVE by 118.0% during the fourth quarter. Legal & General Group Plc now owns 5,545 shares of the company's stock worth $30,000 after buying an additional 3,001 shares in the last quarter. Summit Investment Advisors Inc. raised its holdings in shares of EVE by 257.5% during the 4th quarter. Summit Investment Advisors Inc. now owns 5,345 shares of the company's stock worth $29,000 after acquiring an additional 3,850 shares during the period. BNP Paribas Financial Markets acquired a new position in shares of EVE during the 4th quarter valued at about $34,000. Jane Street Group LLC grew its holdings in shares of EVE by 64.8% in the fourth quarter. Jane Street Group LLC now owns 17,322 shares of the company's stock valued at $94,000 after purchasing an additional 6,810 shares during the period. Finally, Rhumbline Advisers increased its position in EVE by 25.5% during the first quarter. Rhumbline Advisers now owns 35,223 shares of the company's stock worth $117,000 after purchasing an additional 7,154 shares during the last quarter. 1.27% of the stock is owned by hedge funds and other institutional investors.
About EVE
(
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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.
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