Head-To-Head Contrast: EVE (NYSE:EVEX) versus New Horizon Aircraft (NASDAQ:HOVR)

New Horizon Aircraft (NASDAQ:HOVR) and EVE (NYSE:EVEX) are both small-cap aerospace companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, institutional ownership, earnings, valuation, profitability, analyst recommendations and risk.

Valuation and Earnings

This table compares New Horizon Aircraft and EVE’s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
New Horizon Aircraft	N/A	N/A	-$8.16 million	N/A	N/A
EVE	N/A	N/A	-$127.66 million	($0.45)	-5.96

Risk and Volatility

New Horizon Aircraft has a beta of -0.56, suggesting that its stock price is 156% less volatile than the S&P 500. Comparatively, EVE has a beta of 0.35, suggesting that its stock price is 65% less volatile than the S&P 500.

Insider & Institutional Ownership

66.0% of New Horizon Aircraft shares are owned by institutional investors. Comparatively, 1.3% of EVE shares are owned by institutional investors. 1.9% of EVE shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Profitability

This table compares New Horizon Aircraft and EVE’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
New Horizon Aircraft	N/A	N/A	N/A
EVE	N/A	-86.23%	-55.66%

Analyst Recommendations

This is a breakdown of current ratings and recommmendations for New Horizon Aircraft and EVE, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
New Horizon Aircraft	0	0	0	0	N/A
EVE	0	0	3	0	3.00

EVE has a consensus target price of $6.50, suggesting a potential upside of 142.54%. Given EVE’s higher possible upside, analysts plainly believe EVE is more favorable than New Horizon Aircraft.

About New Horizon Aircraft

New Horizon Aircraft Ltd., an aerospace original equipment manufacturer company, focuses on designing and developing hybrid electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market. It is developing Cavorite X7, a hybrid electric 7-seat aircraft that can take off and land vertically. The company was founded in 2013 and is headquartered in Lindsay, Canada.

About EVE

Eve Holding, Inc., together with its subsidiaries, develops urban air mobility solutions. It is involved in the design and production of electrical vertical take-off and landing vehicles (eVTOLs); provision of eVTOL service and support capabilities, including material services, maintenance, technical support, training, ground handling, and data services; and development of urban air traffic management systems. The company is based in Melbourne, Florida. Eve Holding, Inc. operates as a subsidiary of Embraer S.A.