Brokerages expect Joby Aviation, Inc. (NYSE:JOBY – Get Rating) to report ($0.15) earnings per share for the current fiscal quarter, according to Zacks. Zero analysts have made estimates for Joby Aviation’s earnings. The highest EPS estimate is ($0.14) and the lowest is ($0.16). The firm is scheduled to issue its next earnings report on Monday, January 1st.
On average, analysts expect that Joby Aviation will report full-year earnings of ($0.54) per share for the current financial year, with EPS estimates ranging from ($0.58) to ($0.48). For the next year, analysts expect that the business will post earnings of ($0.57) per share, with EPS estimates ranging from ($0.69) to ($0.50). Zacks’ EPS averages are an average based on a survey of research firms that that provide coverage for Joby Aviation.
Joby Aviation (NYSE:JOBY – Get Rating) last released its quarterly earnings results on Thursday, May 12th. The company reported ($0.14) EPS for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.02).
Shares of NYSE:JOBY traded up $0.07 on Friday, reaching $5.23. The company had a trading volume of 116,984 shares, compared to its average volume of 6,468,881. The firm’s 50 day simple moving average is $5.44 and its 200-day simple moving average is $5.92. Joby Aviation has a 52-week low of $3.61 and a 52-week high of $14.33.
Several large investors have recently made changes to their positions in JOBY. Toroso Investments LLC lifted its position in Joby Aviation by 19.5% during the first quarter. Toroso Investments LLC now owns 13,394 shares of the company’s stock worth $89,000 after buying an additional 2,186 shares during the period. UBS Group AG acquired a new position in shares of Joby Aviation in the 3rd quarter valued at $29,000. Edge Capital Group LLC raised its position in shares of Joby Aviation by 28.5% in the 1st quarter. Edge Capital Group LLC now owns 23,098 shares of the company’s stock worth $153,000 after buying an additional 5,123 shares during the period. Victory Capital Management Inc. increased its position in Joby Aviation by 32.2% during the 4th quarter. Victory Capital Management Inc. now owns 26,354 shares of the company’s stock worth $192,000 after purchasing an additional 6,425 shares in the last quarter. Finally, Royal Bank of Canada lifted its position in shares of Joby Aviation by 27.2% during the first quarter. Royal Bank of Canada now owns 31,912 shares of the company’s stock worth $211,000 after purchasing an additional 6,823 shares in the last quarter. 25.83% of the stock is owned by institutional investors and hedge funds.
About Joby Aviation (Get Rating)
Joby Aviation, Inc, a vertically integrated air mobility company, engages in building an electric vertical takeoff and landing aircraft optimized to deliver air transportation as a service. It intends to build an aerial ridesharing service. The company was founded in 2009 and is headquartered in Santa Cruz, California.
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