Shares of Embraer SA (NYSE:ERJ) have earned a consensus rating of “Hold” from the ten brokerages that are covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and three have given a buy recommendation to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $25.88.

Several research analysts have recently weighed in on ERJ shares. ValuEngine raised shares of Embraer from a “hold” rating to a “buy” rating in a report on Wednesday, May 1st. William Blair reiterated a “market perform” rating on shares of Embraer in a research report on Wednesday. Finally, Zacks Investment Research lowered shares of Embraer from a “buy” rating to a “hold” rating in a research report on Friday, May 10th.

Shares of NYSE:ERJ traded up $0.01 during mid-day trading on Friday, reaching $18.09. The company had a trading volume of 1,110,500 shares, compared to its average volume of 531,075. The company’s 50-day moving average price is $20.13 and its 200-day moving average price is $19.79. The company has a current ratio of 2.25, a quick ratio of 1.29 and a debt-to-equity ratio of 0.86. Embraer has a one year low of $16.81 and a one year high of $23.68. The firm has a market cap of $3.31 billion, a price-to-earnings ratio of -60.30 and a beta of -0.14.

Embraer (NYSE:ERJ) last issued its earnings results on Wednesday, August 14th. The aerospace company reported ($0.08) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.17) by $0.09. Embraer had a negative net margin of 1.49% and a negative return on equity of 2.83%. The business had revenue of $1.38 billion for the quarter, compared to analysts’ expectations of $1.35 billion. During the same quarter in the previous year, the firm posted $0.03 EPS. The business’s revenue for the quarter was up 10.0% compared to the same quarter last year. On average, research analysts anticipate that Embraer will post -0.38 EPS for the current fiscal year.

A number of hedge funds and other institutional investors have recently bought and sold shares of ERJ. Deltec Asset Management LLC acquired a new position in shares of Embraer during the first quarter worth about $1,642,000. Oldfield Partners LLP raised its holdings in Embraer by 87.3% during the first quarter. Oldfield Partners LLP now owns 6,114,479 shares of the aerospace company’s stock worth $116,236,000 after acquiring an additional 2,849,714 shares in the last quarter. BNP Paribas Arbitrage SA raised its holdings in Embraer by 98.0% during the first quarter. BNP Paribas Arbitrage SA now owns 77,628 shares of the aerospace company’s stock worth $1,476,000 after acquiring an additional 38,431 shares in the last quarter. Bank of Montreal Can bought a new stake in Embraer in the first quarter valued at approximately $248,000. Finally, Quadrant Capital Group LLC raised its stake in Embraer by 36.0% in the first quarter. Quadrant Capital Group LLC now owns 2,508 shares of the aerospace company’s stock valued at $46,000 after buying an additional 664 shares during the period. Institutional investors and hedge funds own 43.38% of the company’s stock.

Embraer Company Profile

Embraer SA designs, develops, manufactures, and sells aircraft and systems in Brazil, North America, Latin America, the Asia Pacific, Europe, and internationally. It operates through Commercial Aviation, Defense and Security, Executive Jets, Service & Support, and Other segments. The Commercial Aviation segment develops, produces, and sells commercial jets; and provides support services, as well as leases aircraft.

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Analyst Recommendations for Embraer (NYSE:ERJ)

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