Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
In the latest session, Eve Holding Inc (NYSE: EVEX) closed at $4.78 up 0.63% from its previous closing price of $4.75. In other words, the price has increased by $0.63 from its previous closing price. On the day, 1.37 million shares were traded. EVEX stock price reached its highest trading level at $4.81 during the session, while it also had its lowest trading level at $4.59.
Ratios:
For a deeper understanding of Eve Holding Inc’s stock, let’s take a closer look at its various 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 1438215680 and an Enterprise Value of 1349872768.
Stock Price History:
The Beta on a monthly basis for EVEX is 0.80, which has changed by 0.4484849 over the last 52 weeks, in comparison to a change of 0.16845357 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 5.16%, while the 200-Day Moving Average is calculated to be 1.12%.
Shares Statistics:
For the past three months, EVEX has traded an average of 1.15M shares per day and 1611890 over the past ten days. A total of 297.89M shares are outstanding, with a floating share count of 46.64M. Insiders hold about 84.50% of the company’s shares, while institutions hold 4.80% stake in the company. Shares short for EVEX as of 1757894400 were 2242980 with a Short Ratio of 1.94, compared to 1755216000 on 5066245. Therefore, it implies a Short% of Shares Outstanding of 2242980 and a Short% of Float of 4.1300002000000005.
Earnings Estimates
The market rating of Eve Holding Inc (EVEX) is currently shaped by the ongoing analysis conducted by 1.0 analysts closely monitoring its performance.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.
