Electrovaya FY2025 EPS Estimate Raised by Seaport Res Ptn

Electrovaya Inc. (NASDAQ:ELVA) – Stock analysts at Seaport Res Ptn upped their FY2025 earnings per share estimates for Electrovaya in a research note issued to investors on Tuesday, February 18th. Seaport Res Ptn analyst J. Campbell now forecasts that the company will post earnings of $0.14 per share for the year, up from their previous forecast of $0.03. The consensus estimate for Electrovaya’s current full-year earnings is $0.06 per share. Seaport Res Ptn also issued estimates for Electrovaya’s Q4 2025 earnings at $0.02 EPS and FY2026 earnings at $0.49 EPS.

Electrovaya (NASDAQ:ELVA) last announced its earnings results on Thursday, February 13th. The company reported ($0.01) EPS for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.01. Electrovaya had a negative net margin of 3.88% and a negative return on equity of 21.25%.

ELVA has been the topic of a number of other reports. HC Wainwright reissued a “buy” rating and issued a $10.00 price target on shares of Electrovaya in a research report on Friday, February 14th. Raymond James set a $4.50 target price on Electrovaya and gave the stock a “strong-buy” rating in a report on Thursday, January 30th. Finally, Roth Mkm restated a “buy” rating and set a $5.00 price target (up from $4.00) on shares of Electrovaya in a report on Friday, February 14th. Five investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $6.10.

Electrovaya Trading Down 3.2 %

NASDAQ:ELVA opened at $2.41 on Thursday. The firm has a market capitalization of $96.62 million, a P/E ratio of -60.25 and a beta of 1.84. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.03 and a quick ratio of 0.69. Electrovaya has a one year low of $1.67 and a one year high of $4.24. The company’s 50-day simple moving average is $2.48 and its 200 day simple moving average is $2.32.

Institutional Trading of Electrovaya

A number of institutional investors and hedge funds have recently modified their holdings of ELVA. Polar Asset Management Partners Inc. purchased a new stake in shares of Electrovaya during the fourth quarter valued at $5,372,000. Mink Brook Asset Management LLC bought a new position in Electrovaya during the 4th quarter valued at about $867,000. Citadel Advisors LLC purchased a new stake in shares of Electrovaya during the 4th quarter valued at about $64,000. Alyeska Investment Group L.P. bought a new stake in shares of Electrovaya in the fourth quarter worth approximately $435,000. Finally, Manatuck Hill Partners LLC purchased a new position in shares of Electrovaya during the fourth quarter valued at approximately $434,000. Institutional investors own 22.47% of the company’s stock.

Electrovaya Company Profile

Electrovaya Inc engages in the design, development, manufacture, and sale of lithium-ion batteries, battery management systems, and battery-related products for energy storage, clean electric transportation, and other specialized applications in North America. It offers lithium-ion batteries and systems for materials handling electric vehicles, including forklifts and automated guided vehicles, as well as battery chargers to charge the batteries; electromotive power products for electric trucks, electric buses, and other transportation applications; industrial products for energy storage; and power solutions, such as competencies in building systems for third parties.