Embraer SA (NYSE:ERJ) saw unusually-high trading volume on Monday . Approximately 1,545,313 shares changed hands during mid-day trading, an increase of 31% from the previous session’s volume of 1,175,500 shares.The stock last traded at $17.70 and had previously closed at $18.27.

ERJ has been the topic of several research reports. Bank of America Corp. raised Embraer SA from a “neutral” rating to a “buy” rating in a research report on Thursday, June 16th. They noted that the move was a valuation call. HSBC lowered Embraer SA from a “buy” rating to a “hold” rating and set a $19.00 target price on the stock. in a research report on Monday. Goldman Sachs Group Inc. cut their target price on Embraer SA from $27.00 to $26.00 and set a “neutral” rating on the stock in a research report on Monday, May 2nd. Drexel Hamilton reaffirmed a “hold” rating on shares of Embraer SA in a research report on Tuesday, July 12th. Finally, Zacks Investment Research lowered Embraer SA from a “hold” rating to a “strong sell” rating in a research report on Tuesday, April 19th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $27.17.

The firm has a market cap of $12.82 billion and a price-to-earnings ratio of 50.70. The stock has a 50 day moving average price of $21.04 and a 200 day moving average price of $24.05.

Embraer SA (NYSE:ERJ) last posted its quarterly earnings data on Friday, July 29th. The company reported ($0.54) earnings per share for the quarter, missing the consensus estimate of $0.50 by $1.04. The business had revenue of $1.37 billion for the quarter, compared to analysts’ expectations of $1.44 billion. The business’s quarterly revenue was down 9.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.71 EPS. On average, equities research analysts predict that Embraer SA will post $1.91 EPS for the current year.

Other institutional investors recently bought and sold shares of the company. Dimensional Fund Advisors LP boosted its position in Embraer SA by 0.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,202,493 shares of the company’s stock valued at $65,081,000 after buying an additional 5,856 shares in the last quarter. US Bancorp DE boosted its position in Embraer SA by 23.3% in the fourth quarter. US Bancorp DE now owns 44,421 shares of the company’s stock valued at $1,312,000 after buying an additional 8,400 shares in the last quarter. State of New Jersey Common Pension Fund D boosted its position in Embraer SA by 6.2% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 37,689 shares of the company’s stock valued at $1,113,000 after buying an additional 2,201 shares in the last quarter. Bank of Montreal Can boosted its position in Embraer SA by 42.0% in the fourth quarter. Bank of Montreal Can now owns 99,687 shares of the company’s stock valued at $2,944,000 after buying an additional 29,474 shares in the last quarter. Finally, Morgan Stanley boosted its position in Embraer SA by 216.2% in the fourth quarter. Morgan Stanley now owns 493,454 shares of the company’s stock valued at $14,576,000 after buying an additional 337,405 shares in the last quarter.

Embraer SA (Embraer) produces aircraft for commercial and executive aviation, and for defense and security purposes and related services. The Company’s segments include Commercial aviation business, Defense and security business, Executive Jet business and Other. Its Commercial Aviation business segment mainly involves the development, production and sale of commercial jets, and rendering of support services.

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