Embraer-Empresa Brasileira de Aeronautica (NYSE:EMBJ) Receives $65.00 Average PT from Analysts

Embraer-Empresa Brasileira de Aeronautica (NYSE:EMBJ) has received a consensus recommendation of “Moderate Buy” from the nine brokerages that are covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $67.2857.

EMBJ has been the topic of several analyst reports. Wall Street Zen downgraded shares of Embraer-Empresa Brasileira de Aeronautica from a “buy” rating to a “hold” rating in a report on Saturday, March 14th. JPMorgan Chase & Co. lowered their target price on shares of Embraer-Empresa Brasileira de Aeronautica from $84.00 to $80.00 and set an “overweight” rating on the stock in a report on Tuesday, May 12th. Scotiabank initiated coverage on shares of Embraer-Empresa Brasileira de Aeronautica in a report on Monday. They issued a “sector outperform” rating and a $81.00 target price on the stock. Zacks Research downgraded shares of Embraer-Empresa Brasileira de Aeronautica from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 8th. Finally, Weiss Ratings downgraded shares of Embraer-Empresa Brasileira de Aeronautica from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, April 22nd.

Institutional Trading of Embraer-Empresa Brasileira de Aeronautica

A number of institutional investors have recently added to or reduced their stakes in the stock. Itau Unibanco Holding S.A. purchased a new stake in Embraer-Empresa Brasileira de Aeronautica during the fourth quarter worth about $68,460,000. Ameriprise Financial Inc. lifted its holdings in shares of Embraer-Empresa Brasileira de Aeronautica by 20.7% in the third quarter. Ameriprise Financial Inc. now owns 970,129 shares of the aerospace company’s stock valued at $58,644,000 after purchasing an additional 166,489 shares in the last quarter. Lord Abbett & CO. LLC purchased a new stake in shares of Embraer-Empresa Brasileira de Aeronautica in the fourth quarter valued at about $28,696,000. Vaughan Nelson Investment Management L.P. purchased a new stake in shares of Embraer-Empresa Brasileira de Aeronautica in the first quarter valued at about $21,687,000. Finally, Russell Investments Group Ltd. purchased a new stake in shares of Embraer-Empresa Brasileira de Aeronautica in the fourth quarter valued at about $21,288,000. Hedge funds and other institutional investors own 34.65% of the company’s stock.

Embraer-Empresa Brasileira de Aeronautica Stock Performance

NYSE EMBJ opened at $56.68 on Thursday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.73 and a current ratio of 1.48. The firm has a market cap of $10.24 billion, a PE ratio of 33.15, a P/E/G ratio of 1.36 and a beta of 1.46. Embraer-Empresa Brasileira de Aeronautica has a one year low of $46.54 and a one year high of $80.75. The firm’s fifty day moving average is $61.33 and its two-hundred day moving average is $65.51.

Embraer-Empresa Brasileira de Aeronautica (NYSE:EMBJ) last posted its quarterly earnings data on Saturday, February 14th. The aerospace company reported $0.46 EPS for the quarter. The company had revenue of $2.65 billion for the quarter. Embraer-Empresa Brasileira de Aeronautica had a net margin of 3.94% and a return on equity of 6.13%. Analysts expect that Embraer-Empresa Brasileira de Aeronautica will post 2.9 earnings per share for the current year.

About Embraer-Empresa Brasileira de Aeronautica

Embraer SA (NYSE:EMBJ), legally known as Embraer – Empresa Brasileira de Aeronáutica SA, is a global aerospace company headquartered in São José dos Campos, Brazil. The company designs, develops, manufactures and sells commercial, executive, defence and agricultural aircraft. Embraer’s product portfolio includes the popular E-Jets family for regional and short-haul carriers, the advanced E2 series, a range of business jets under the Phenom, Legacy and Praetor brands, the A-29 Super Tucano military trainer and light attack aircraft, the C-390 Millennium multi-mission transport platform, and the Ipanema agricultural aircraft.

Embraer’s commercial aviation segment focuses on regional airlines and air taxi operators, offering aircraft that seat between 70 and 150 passengers.