Analyzing EVE (EVEX) and Its Peers

EVE (NYSE:EVEX) is one of 33 publicly-traded companies in the “AEROSP/DEFENSE” industry, but how does it weigh in compared to its competitors? We will compare EVE to similar companies based on the strength of its dividends, analyst recommendations, valuation, earnings, profitability, institutional ownership and risk.

Analyst Recommendations

This is a summary of recent ratings for EVE and its competitors, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
EVE	0	1	3	0	2.75
EVE Competitors	393	2138	3325	121	2.53

EVE currently has a consensus target price of $6.67, indicating a potential downside of 6.92%. As a group, “AEROSP/DEFENSE” companies have a potential upside of 1.57%. Given EVE’s competitors higher probable upside, analysts plainly believe EVE has less favorable growth aspects than its competitors.

Risk & Volatility

EVE has a beta of 0.85, meaning that its stock price is 15% less volatile than the S&P 500. Comparatively, EVE’s competitors have a beta of 1.20, meaning that their average stock price is 20% more volatile than the S&P 500.

Valuation & Earnings

This table compares EVE and its competitors gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
EVE	N/A	-$138.17 million	-13.02
EVE Competitors	$18.81 billion	$730.78 million	9.74

EVE’s competitors have higher revenue and earnings than EVE. EVE is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares EVE and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
EVE	N/A	-138.86%	-57.79%
EVE Competitors	-410.26%	-70.31%	-14.00%

Insider and Institutional Ownership

1.3% of EVE shares are owned by institutional investors. Comparatively, 53.5% of shares of all “AEROSP/DEFENSE” companies are owned by institutional investors. 0.3% of EVE shares are owned by company insiders. Comparatively, 10.3% of shares of all “AEROSP/DEFENSE” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Summary

EVE competitors beat EVE on 10 of the 13 factors compared.

EVE Company Profile

Eve Holding, Inc. is a special purpose acquisition company focused on the aviation sector. The company was founded on 7th August, 2020 and is headquartered in Melbourne, FL.