Eve Holding Inc [NYSE: EVEX] stock went on a downward path that fall over -1.08% on Thursday, amounting to a one-week price increase of more than 23.95%.
Over the last 12 months, EVEX stock rose by 35.11%. The one-year Eve Holding Inc stock forecast points to a potential downside of -10.19. The average equity rating for EVEX stock is currently 1.50, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $2.19 billion, with 297.64 million shares outstanding and 49.98 million shares in the current float. Compared to the average trading volume of 262.28K shares, EVEX stock reached a trading volume of 417579 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Eve Holding Inc [EVEX]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for EVEX shares is $6.67 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on EVEX stock is a recommendation set at 1.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
H.C. Wainwright have made an estimate for Eve Holding Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 03, 2024. While these analysts kept the previous recommendation, Cantor Fitzgerald dropped their target price from $7 to $5. The new note on the price target was released on August 07, 2024, representing the official price target for Eve Holding Inc stock. Previously, the target price had yet another raise to $10, while Canaccord Genuity analysts kept a Buy rating on EVEX stock.
The Price to Book ratio for the last quarter was 28.73, with the Price to Cash per share for the same quarter was set at 0.97.
EVEX Stock Performance Analysis:
Eve Holding Inc [EVEX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 23.95. With this latest performance, EVEX shares gained by 38.68% in over the last four-week period, additionally plugging by 32.19% over the last 6 months – not to mention a rise of 35.11% in the past year of trading.
Insight into Eve Holding Inc Fundamentals:
Return on Equity for this stock declined to -60.71%, with Return on Assets sitting at -60.71%.
EVEX Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for EVEX. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Eve Holding Inc go to -14.87%.
Eve Holding Inc [EVEX] Institutonal Ownership Details
There are presently around $7.85%, or 46.42% of EVEX stock, in the hands of institutional investors. The top three institutional holders of EVEX stocks are: BLACKROCK INC. with ownership of 1.27 million shares, which is approximately 0.4581%. VANGUARD GROUP INC, holding 0.52 million shares of the stock with an approximate value of $$2.1 million in EVEX stocks shares; and VANGUARD GROUP INC, currently with $$2.08 million in EVEX stock with ownership which is approximately 0.186%.
