Embraer S.A. (NYSE:ERJ) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Embraer S.A. (NYSE:ERJ) have been given a consensus recommendation of “Moderate Buy” by the five analysts that are currently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, one has issued a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is $44.50.

ERJ has been the topic of a number of research analyst reports. Wolfe Research reissued a “peer perform” rating on shares of Embraer in a research report on Monday, March 24th. StockNews.com downgraded shares of Embraer from a “buy” rating to a “hold” rating in a research note on Monday, March 10th. The Goldman Sachs Group lifted their price objective on Embraer from $44.00 to $50.00 and gave the company a “buy” rating in a research report on Monday, March 3rd. Finally, TD Cowen raised Embraer to a “strong-buy” rating in a research report on Thursday, December 19th.

Embraer Stock Performance

Embraer stock opened at $46.36 on Friday. The company has a current ratio of 1.56, a quick ratio of 0.76 and a debt-to-equity ratio of 0.74. The firm has a market cap of $8.51 billion, a P/E ratio of 17.04 and a beta of 1.70. Embraer has a 1-year low of $23.42 and a 1-year high of $56.61. The firm has a 50-day moving average of $46.01 and a 200-day moving average of $39.75.

Embraer (NYSE:ERJ) last issued its quarterly earnings data on Thursday, February 27th. The aerospace company reported $0.94 earnings per share for the quarter, topping analysts’ consensus estimates of $0.47 by $0.47. The firm had revenue of $2.31 billion for 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%. Sell-side analysts expect that Embraer will post 2.04 EPS for the current year.

Institutional Investors Weigh In On Embraer

Several hedge funds have recently bought and sold shares of the business. Jones Financial Companies Lllp bought a new stake in shares of Embraer in the 4th quarter worth approximately $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 in the fourth quarter worth $42,000. Lindbrook Capital LLC boosted its holdings in Embraer by 32.9% in the fourth quarter. Lindbrook Capital LLC now owns 1,572 shares of the aerospace company’s stock worth $58,000 after acquiring an additional 389 shares in the last quarter. Finally, Venturi Wealth Management LLC purchased a new stake in shares of Embraer in the fourth quarter worth $71,000. Institutional investors own 34.65% of the company’s stock.

About Embraer

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.