Embraer S.A. (NYSE:ERJ) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Embraer S.A. (NYSE:ERJ) has received a consensus rating of “Moderate Buy” from the five research firms that are currently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, one has issued a hold rating, two have issued a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $44.50.

Several equities analysts have issued reports on ERJ shares. TD Cowen upgraded shares of Embraer to a “strong-buy” rating in a research note on Thursday, December 19th. Wolfe Research restated a “peer perform” rating on shares of Embraer in a report on Monday, March 24th. The Goldman Sachs Group boosted their target price on shares of Embraer from $44.00 to $50.00 and gave the company a “buy” rating in a research note on Monday, March 3rd. Finally, StockNews.com cut Embraer from a “buy” rating to a “hold” rating in a report on Monday, March 10th.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Jones Financial Companies Lllp bought a new stake in shares of Embraer during the 4th quarter valued at $28,000. SPX Gestao de Recursos Ltda purchased a new position in Embraer during the fourth quarter valued at $37,000. Colonial Trust Co SC bought a new stake in Embraer during the fourth quarter valued at about $42,000. Lindbrook Capital LLC grew its holdings in Embraer by 32.9% during the fourth quarter. Lindbrook Capital LLC now owns 1,572 shares of the aerospace company’s stock valued at $58,000 after purchasing an additional 389 shares during the period. Finally, Venturi Wealth Management LLC purchased a new stake in Embraer in the fourth quarter worth about $71,000. 34.65% of the stock is currently owned by institutional investors.

Embraer Price Performance

Shares of ERJ opened at $46.36 on Friday. The company has a market capitalization of $8.51 billion, a P/E ratio of 17.04 and a beta of 1.70. Embraer has a twelve month low of $23.42 and a twelve month high of $56.61. The company has a quick ratio of 0.76, a current ratio of 1.56 and a debt-to-equity ratio of 0.74. The firm has a 50 day moving average of $46.01 and a 200 day moving average of $39.75.

Embraer (NYSE:ERJ) last posted its earnings results on Thursday, February 27th. The aerospace company reported $0.94 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.47. The business had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.21 billion. Embraer had a return on equity of 11.61% and a net margin of 8.24%. As a group, equities research analysts anticipate that Embraer will post 2.04 earnings per share for the current fiscal year.

Embraer Company Profile

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