Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
Eve Holding Inc (NYSE: EVEX) closed the day trading at $4.11 up 2.75% from the previous closing price of $4.0. In other words, the price has increased by $2.75 from its previous closing price. On the day, 2.0 million shares were traded. EVEX stock price reached its highest trading level at $4.16 during the session, while it also had its lowest trading level at $3.94.
Ratios:
For a better understanding of EVEX, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.77 and its Current Ratio is at 2.77. In the meantime, Its Debt-to-Equity ratio is 11.50 whereas as Long-Term Debt/Eq ratio is at 11.46.
On September 03, 2024, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $6. Cantor Fitzgerald Upgraded its Neutral to Overweight on August 07, 2024, whereas the target price for the stock was revised from $7 to $5.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EVEX now has a Market Capitalization of 1236624768 and an Enterprise Value of 1148304000.
Stock Price History:
The Beta on a monthly basis for EVEX is 0.83, which has changed by 0.30891716 over the last 52 weeks, in comparison to a change of 0.1675967 over the same period for the S&P500. Over the past 52 weeks, EVEX has reached a high of $7.70, while it has fallen to a 52-week low of $2.61. The 50-Day Moving Average of the stock is -20.71%, while the 200-Day Moving Average is calculated to be -13.27%.
Shares Statistics:
Over the past 3-months, EVEX traded about 955.08K shares per day on average, while over the past 10 days, EVEX traded about 1786960 shares per day. A total of 297.89M shares are outstanding, with a floating share count of 50.81M. Insiders hold about 83.11% of the company’s shares, while institutions hold 4.81% stake in the company. Shares short for EVEX as of 1756425600 were 2899327 with a Short Ratio of 3.04, compared to 1753920000 on 5034259. Therefore, it implies a Short% of Shares Outstanding of 2899327 and a Short% of Float of 5.3400002.
Earnings Estimates
The current assessment of Eve Holding Inc (EVEX) involves the perspectives of 1.0 analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is -$0.18, with high estimates of -$0.18 and low estimates of -$0.18.
Analysts are recommending an EPS of between -$0.63 and -$0.72 for the fiscal current year, implying an average EPS of -$0.67. EPS for the following year is -$0.64, with 4.0 analysts recommending between -$0.39 and -$0.82.
Revenue Estimates
Based on 5 analysts’ estimates, the company’s revenue will be $10.51M in the next fiscal year. The high estimate is $19.95M and the low estimate is $3M.
