Head-To-Head Review: EVE (EVEX) & Its Rivals

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

Analyst Recommendations

This is a breakdown of current recommendations for EVE and its rivals, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
EVE	0	1	3	0	2.75
EVE Competitors	393	2143	3333	121	2.53

EVE currently has a consensus price target of $6.67, suggesting a potential downside of 3.38%. As a group, “AEROSP/DEFENSE” companies have a potential upside of 2.07%. Given EVE’s rivals higher probable upside, analysts clearly believe EVE has less favorable growth aspects than its rivals.

Valuation and Earnings

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

	Gross Revenue	Net Income	Price/Earnings Ratio
EVE	N/A	-$138.17 million	-12.55
EVE Competitors	$18.92 billion	$730.78 million	9.66

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

Profitability

This table compares EVE and its rivals’ 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	-410.20%	-70.19%	-13.98%

Risk and Volatility

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

Insider and Institutional Ownership

1.3% of EVE shares are held by institutional investors. Comparatively, 53.5% of shares of all “AEROSP/DEFENSE” companies are held by institutional investors. 0.3% of EVE shares are held by insiders. Comparatively, 10.3% of shares of all “AEROSP/DEFENSE” companies are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Summary

EVE rivals 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.