Embraer S.A. (NYSE:ERJ) Given Average Rating of "Moderate Buy" by Brokerages

Shares of Embraer S.A. (NYSE:ERJ - Get Free Report) have been given an average rating of "Moderate Buy" by the six brokerages that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among brokers that have covered the stock in the last year is $40.50.

A number of analysts recently weighed in on ERJ shares. TD Cowen raised shares of Embraer to a "strong-buy" rating in a research note on Thursday, December 19th. UBS Group downgraded shares of Embraer from a "neutral" rating to a "sell" rating and upped their price target for the stock from $29.00 to $32.00 in a research report on Tuesday, November 19th. Bank of America increased their price objective on Embraer from $40.00 to $55.00 and gave the company a "buy" rating in a research report on Thursday, November 21st. Finally, StockNews.com cut shares of Embraer from a "buy" rating to a "hold" rating in a research report on Thursday.

Embraer Stock Performance

Shares of ERJ traded down $1.72 during mid-day trading on Thursday, hitting $42.93. The company's stock had a trading volume of 1,538,681 shares, compared to its average volume of 1,237,642. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.76 and a current ratio of 1.56. The firm has a market capitalization of $7.88 billion, a PE ratio of 15.78 and a beta of 1.71. The stock's 50-day moving average is $38.47 and its two-hundred day moving average is $35.67. Embraer has a one year low of $17.19 and a one year high of $46.10.

Embraer (NYSE:ERJ - Get Free Report) last announced its quarterly earnings data on Friday, November 8th. The aerospace company reported $1.20 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.92. Embraer had a return on equity of 11.61% and a net margin of 8.24%. The company had revenue of $1.69 billion for the quarter, compared to analyst estimates of $1.63 billion. During the same quarter last year, the firm earned $0.18 EPS. As a group, sell-side analysts anticipate that Embraer will post 2.06 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Jones Financial Companies Lllp acquired a new stake in shares of Embraer in the 4th quarter valued at about $28,000. SPX Gestao de Recursos Ltda bought a new position in shares of Embraer in the fourth quarter valued at $37,000. Lindbrook Capital LLC increased its stake in shares of Embraer by 32.9% during the 4th quarter. Lindbrook Capital LLC now owns 1,572 shares of the aerospace company's stock worth $58,000 after purchasing an additional 389 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in Embraer by 25.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,280 shares of the aerospace company's stock valued at $59,000 after buying an additional 456 shares during the period. Finally, Venturi Wealth Management LLC acquired a new stake in Embraer during the 4th quarter valued at $71,000. 34.65% of the stock is owned by institutional investors and hedge funds.

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.