Vertical Aerospace Ltd. (NYSE:EVTL - Free Report) - Stock analysts at HC Wainwright dropped their FY2027 earnings per share (EPS) estimates for Vertical Aerospace in a research report issued on Monday, June 9th. HC Wainwright analyst A. Dayal now expects that the company will post earnings of ($1.26) per share for the year, down from their previous estimate of ($1.25). HC Wainwright currently has a "Buy" rating and a $15.00 target price on the stock. The consensus estimate for Vertical Aerospace's current full-year earnings is ($3.95) per share.
Vertical Aerospace (NYSE:EVTL - Get Free Report) last issued its quarterly earnings data on Tuesday, May 13th. The company reported $4.44 EPS for the quarter, topping the consensus estimate of ($0.40) by $4.84.
Separately, D. Boral Capital started coverage on Vertical Aerospace in a report on Thursday, March 27th. They set a "buy" rating and a $15.00 price objective for the company. One analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $11.70.
Read Our Latest Stock Analysis on Vertical Aerospace
Vertical Aerospace Stock Down 4.1%
Shares of NYSE EVTL traded down $0.24 during midday trading on Thursday, hitting $5.69. 891,483 shares of the company's stock were exchanged, compared to its average volume of 251,078. Vertical Aerospace has a 12-month low of $2.76 and a 12-month high of $15.99. The business's fifty day moving average price is $4.57 and its two-hundred day moving average price is $5.77.
Institutional Trading of Vertical Aerospace
A number of hedge funds have recently bought and sold shares of the company. Connective Capital Management LLC bought a new stake in Vertical Aerospace in the 4th quarter worth approximately $189,000. Renaissance Technologies LLC bought a new stake in Vertical Aerospace in the 4th quarter worth approximately $237,000. Bank of America Corp DE bought a new stake in Vertical Aerospace in the 4th quarter worth approximately $264,000. Jane Street Group LLC bought a new stake in Vertical Aerospace in the 4th quarter worth approximately $300,000. Finally, Goldman Sachs Group Inc. bought a new stake in Vertical Aerospace in the 1st quarter worth approximately $102,000. Institutional investors own 81.17% of the company's stock.
Vertical Aerospace Company Profile
(
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Vertical Aerospace Ltd., an aerospace and technology company, engages in designing, manufacturing, and selling zero operating emission electric vertical takeoff and landing (eVTOL) aircraft for use in the advanced air mobility in the United Kingdom. It offers VX4, an eVTOL aircraft. Vertical Aerospace Ltd.
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