Shares of Embraer S.A. (NYSE:ERJ - Get Free Report) have received a consensus rating of "Moderate Buy" from the seven research firms that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, four have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $37.43.
A number of equities research analysts recently issued reports on ERJ shares. Bank of America upped their target price on Embraer from $40.00 to $55.00 and gave the company a "buy" rating in a research note on Thursday, November 21st. UBS Group downgraded Embraer from a "neutral" rating to a "sell" rating and upped their price objective for the stock from $29.00 to $32.00 in a report on Tuesday, November 19th. StockNews.com upgraded Embraer from a "hold" rating to a "buy" rating in a report on Wednesday, December 25th. Finally, TD Cowen upgraded Embraer to a "strong-buy" rating in a report on Thursday, December 19th.
View Our Latest Stock Report on ERJ
Embraer Stock Performance
ERJ remained flat at $37.64 during trading on Friday. The company's stock had a trading volume of 660,627 shares, compared to its average volume of 725,388. The firm has a 50-day moving average of $37.25 and a two-hundred day moving average of $33.96. The company has a market capitalization of $6.91 billion, a P/E ratio of 13.84 and a beta of 1.71. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.56 and a quick ratio of 0.76. Embraer has a 12 month low of $16.89 and a 12 month high of $40.34.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of ERJ. Townsquare Capital LLC boosted its position in shares of Embraer by 1.2% during the 3rd quarter. Townsquare Capital LLC now owns 26,007 shares of the aerospace company's stock valued at $920,000 after acquiring an additional 310 shares in the last quarter. Angeles Investment Advisors LLC raised its stake in shares of Embraer by 3.0% in the third quarter. Angeles Investment Advisors LLC now owns 11,753 shares of the aerospace company's stock worth $416,000 after acquiring an additional 338 shares during the last quarter. LVW Advisors LLC raised its stake in shares of Embraer by 3.4% in the third quarter. LVW Advisors LLC now owns 10,320 shares of the aerospace company's stock worth $365,000 after acquiring an additional 340 shares during the last quarter. Commonwealth Equity Services LLC raised its stake in shares of Embraer by 1.8% during the second quarter. Commonwealth Equity Services LLC now owns 22,209 shares of the aerospace company's stock worth $573,000 after buying an additional 390 shares during the last quarter. Finally, Signaturefd LLC raised its stake in shares of Embraer by 7.9% during the third quarter. Signaturefd LLC now owns 5,676 shares of the aerospace company's stock worth $201,000 after buying an additional 414 shares during the last quarter. Institutional investors own 34.65% of the company's stock.
Embraer Company Profile
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Get Free ReportEmbraer 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.
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