Analysts expect Joby Aviation Inc (NYSE:JOBY) to report earnings per share of -$0.15


Stock analysts expect Joby Aviation Inc (NYSE:JOBY) to post ($0.15) earnings per share (EPS) for the current quarter, Zacks Investment Research reports. No analyst has made earnings estimates for Joby Aviation. The company is due to release its next earnings report on Thursday, February 10.

According to Zacks, analysts expect Joby Aviation to report annual earnings of ($0.52) per share for the current fiscal year. For the next fiscal year, analysts expect the company to post earnings of ($0.62) per share. Zacks earnings per share calculations are an average average based on a survey of research analysts who follow Joby Aviation.

Joby Aviation (NYSE:JOBY) last released its quarterly results on Thursday, November 11. The company reported ($0.17) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.14).

A number of brokerages have recently released reports on JOBY. Barclays began covering Joby Aviation in a research report on Tuesday January 18. They set an “equal weight” rating and a price target of $6.00 for the company. Zacks Investment Research upgraded Joby Aviation from a “sell” to a “hold” rating in a Wednesday, January 12 research report.

NYSE JOBY opened at $3.81 on Friday. The company’s fifty-day moving average is $6.14. Joby Aviation has a 52-week minimum of $3.61 and a 52-week maximum of $17.00.

In other news from Joby Aviation, CEO Joeben Bevirt bought 40,000 shares of the company in a transaction that took place on Wednesday, December 15. The shares were purchased at an average price of $6.29 per share, for a total transaction of $251,600.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, accessible via this hyperlink. Also, director Paul Cahill Sciarra bought 155,000 shares of the company in a transaction that took place on Wednesday, December 15. The shares were acquired at an average price of $6.32 per share, with a total value of $979,600.00. Disclosure of this purchase can be found here.

(A d)

He delivered an 83% win rate, but he guarantees he will beat him!

Look how he does…

A number of hedge funds have been buying and selling stocks recently. UBS Group AG acquired a new stake in Joby Aviation in the third quarter worth approximately $29,000. Naviter Wealth LLC acquired a new stake in Joby Aviation in the fourth quarter worth approximately $80,000. Cahaba Wealth Management Inc. acquired a new stake in Joby Aviation in the third quarter worth approximately $100,000. Goldman Sachs Group Inc. acquired a new stake in Joby Aviation in the third quarter worth approximately $113,000. Finally, Cambridge Investment Research Advisors Inc. acquired a new stake in Joby Aviation in the third quarter valued at approximately $124,000. Hedge funds and other institutional investors own 38.17% of the company’s shares.

Joby Aviation Company Profile

Reinvent Technology Partners has entered into a definitive business combination agreement with Joby Aviation.

Featured articles

Get a free copy of Zacks’ research report on Joby Aviation (JOBY)

For more information on Zacks Investment Research’s research offerings, visit Zacks.com

This instant alert was powered by MarketBeat’s narrative science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to [email protected]

Should you invest $1,000 in Joby Aviation right now?

Before you consider Joby Aviation, you’ll want to hear this.

MarketBeat tracks Wall Street’s top-rated, top-performing research analysts daily and the stocks they recommend to their clients. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market takes hold…and Joby Aviation didn’t make the list.

Although Joby Aviation currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.

See the 5 actions here

Previous Financial Health: The Four Phases of Retirement | Local
Next The government is working to solve the tax stress inherited from the discoms: FM