Microvast Holdings, Inc. (NASDAQ:MVST – Free Report) – Investment analysts at Cantor Fitzgerald issued their FY2026 earnings per share estimates for Microvast in a report released on Monday, June 9th. Cantor Fitzgerald analyst D. Soderberg expects that the company will earn $0.21 per share for the year. The consensus estimate for Microvast’s current full-year earnings is ($0.30) per share.
A number of other research firms also recently issued reports on MVST. HC Wainwright reiterated a “buy” rating and set a $3.00 target price on shares of Microvast in a research report on Tuesday, April 8th. Wall Street Zen upgraded shares of Microvast from a “hold” rating to a “buy” rating in a report on Thursday, May 22nd.
Microvast Trading Up 2.7%
MVST opened at $4.19 on Tuesday. Microvast has a twelve month low of $0.15 and a twelve month high of $4.32. The company has a fifty day moving average of $2.65 and a 200-day moving average of $2.00. The stock has a market cap of $1.36 billion, a PE ratio of -11.03 and a beta of 3.02. The company has a quick ratio of 0.83, a current ratio of 1.30 and a debt-to-equity ratio of 0.24.
Microvast (NASDAQ:MVST – Get Free Report) last released its earnings results on Monday, May 12th. The company reported $0.06 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.10. Microvast had a negative net margin of 30.88% and a negative return on equity of 22.10%. The business had revenue of $116.49 million during the quarter, compared to the consensus estimate of $104.00 million.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. bought a new position in shares of Microvast in the 4th quarter worth $32,000. Charles Schwab Investment Management Inc. bought a new position in shares of Microvast in the fourth quarter valued at $229,000. Wealthfront Advisers LLC acquired a new position in shares of Microvast during the fourth quarter valued at about $135,000. IMG Wealth Management Inc. bought a new stake in shares of Microvast during the fourth quarter worth about $38,000. Finally, LPL Financial LLC increased its position in shares of Microvast by 559.0% during the fourth quarter. LPL Financial LLC now owns 272,455 shares of the company’s stock worth $564,000 after acquiring an additional 231,109 shares in the last quarter. Institutional investors own 20.72% of the company’s stock.
About Microvast
Microvast Holdings, Inc provides battery technologies for electric vehicles and energy storage solutions. The company offers a range of cell chemistries, such as lithium titanate oxide, lithium iron phosphate, and nickel manganese cobalt version 1 and 2. It also designs, develops, and manufactures battery components, such as cathode, anode, electrolyte, and separator.
See Also
- Five stocks we like better than Microvast
- A Deeper Look at Bid-Ask Spreads
- AppLovin Dips on S&P 500 Snub, Morgan Stanley Lifts Target Anyway
- Diversification Can Smooth Returns And Mitigate Portfolio Risk
- Casey’s Surges on Strong Q4, More Gains Likely Ahead
- 3 Grocery Stocks That Can Help Take a Bite Out of Inflation
- Government Mandate Sends eVTOL Stocks Flying
Receive News & Ratings for Microvast Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Microvast and related companies with MarketBeat.com's FREE daily email newsletter.