Shares of Embraer SA (NYSE:ERJ) have earned an average recommendation of “Hold” from the ten research firms that are covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and three have issued a buy recommendation on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $25.88.

ERJ has been the topic of several recent research reports. ValuEngine upgraded Embraer from a “hold” rating to a “buy” rating in a research note on Wednesday, May 1st. William Blair restated a “market perform” rating on shares of Embraer in a research note on Wednesday, August 14th. Finally, Zacks Investment Research downgraded Embraer from a “buy” rating to a “hold” rating in a research note on Friday, May 10th.

Shares of ERJ stock traded down $0.04 during midday trading on Friday, reaching $17.70. 9,218 shares of the stock were exchanged, compared to its average volume of 564,758. Embraer has a 1 year low of $16.81 and a 1 year high of $23.68. The company’s 50 day moving average is $19.94 and its two-hundred day moving average is $19.74. The company has a current ratio of 2.17, a quick ratio of 1.24 and a debt-to-equity ratio of 0.85. The firm has a market cap of $3.29 billion, a PE ratio of -59.17 and a beta of -0.14.

Embraer (NYSE:ERJ) last posted its earnings results on Wednesday, August 14th. The aerospace company reported ($0.08) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.17) by $0.09. Embraer had a negative return on equity of 2.84% and a negative net margin of 1.49%. The firm had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $1.35 billion. During the same quarter in the prior year, the business earned $0.03 EPS. The business’s revenue for the quarter was up 10.0% on a year-over-year basis. As a group, equities analysts expect that Embraer will post -0.36 EPS for the current fiscal year.

Several institutional investors have recently bought and sold shares of the stock. Stevens Capital Management LP lifted its position in Embraer by 17.4% in the 2nd quarter. Stevens Capital Management LP now owns 23,950 shares of the aerospace company’s stock valued at $482,000 after acquiring an additional 3,542 shares in the last quarter. Deltec Asset Management LLC bought a new position in Embraer in the 1st quarter valued at approximately $1,642,000. Oldfield Partners LLP lifted its position in Embraer by 87.3% in the 1st quarter. Oldfield Partners LLP now owns 6,114,479 shares of the aerospace company’s stock valued at $116,236,000 after acquiring an additional 2,849,714 shares in the last quarter. Brandes Investment Partners LP lifted its position in Embraer by 11.5% in the 1st quarter. Brandes Investment Partners LP now owns 19,931,834 shares of the aerospace company’s stock valued at $382,802,000 after acquiring an additional 2,054,130 shares in the last quarter. Finally, Zeke Capital Advisors LLC lifted its position in Embraer by 36.3% in the 2nd quarter. Zeke Capital Advisors LLC now owns 205,484 shares of the aerospace company’s stock valued at $4,136,000 after acquiring an additional 54,700 shares in the last quarter. Institutional investors own 43.80% 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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