Embraer S.A. (NYSE:ERJ) Receives $40.50 Consensus Price Target from Analysts

Shares of Embraer S.A. (NYSE:ERJ - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the six ratings firms that are currently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, four have issued a buy rating and one has issued a strong buy rating on the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $43.00.

ERJ has been the subject of several recent research reports. The Goldman Sachs Group increased their price objective on Embraer from $44.00 to $50.00 and gave the stock a "buy" rating in a report on Monday. UBS Group downgraded Embraer from a "neutral" rating to a "sell" rating and raised their price target for the stock from $29.00 to $32.00 in a research note on Tuesday, November 19th. Bank of America boosted their price target on Embraer from $40.00 to $55.00 and gave the company a "buy" rating in a research note on Thursday, November 21st. StockNews.com raised shares of Embraer from a "hold" rating to a "buy" rating in a research report on Sunday. Finally, TD Cowen raised shares of Embraer to a "strong-buy" rating in a research note on Thursday, December 19th.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Carrhae Capital LLP increased its stake in Embraer by 48.1% during the fourth quarter. Carrhae Capital LLP now owns 2,670,740 shares of the aerospace company's stock valued at $97,963,000 after acquiring an additional 866,919 shares during the period. Gilder Gagnon Howe & Co. LLC raised its stake in shares of Embraer by 19.0% in the fourth quarter. Gilder Gagnon Howe & Co. LLC now owns 2,439,060 shares of the aerospace company's stock valued at $89,465,000 after purchasing an additional 390,094 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its position in Embraer by 8.7% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 2,210,060 shares of the aerospace company's stock worth $81,065,000 after purchasing an additional 176,182 shares during the period. Jennison Associates LLC lifted its position in Embraer by 102.1% in the third quarter. Jennison Associates LLC now owns 1,331,631 shares of the aerospace company's stock worth $47,100,000 after purchasing an additional 672,644 shares during the period. Finally, Invesco Ltd. increased its holdings in Embraer by 17,140.6% in the 4th quarter. Invesco Ltd. now owns 1,235,635 shares of the aerospace company's stock valued at $45,323,000 after buying an additional 1,228,468 shares during the period. Institutional investors and hedge funds own 34.65% of the company's stock.

Embraer Stock Up 4.9 %

NYSE ERJ traded up $2.32 during trading on Monday, reaching $49.97. 4,250,764 shares of the company's stock were exchanged, compared to its average volume of 1,551,964. The company has a current ratio of 1.56, a quick ratio of 0.76 and a debt-to-equity ratio of 0.74. Embraer has a fifty-two week low of $20.74 and a fifty-two week high of $52.00. The company's fifty day simple moving average is $40.52 and its 200-day simple moving average is $37.24. The firm has a market capitalization of $9.18 billion, a PE ratio of 18.37 and a beta of 1.71.

Embraer (NYSE:ERJ - Get Free Report) last announced its quarterly earnings data on Thursday, February 27th. The aerospace company reported $0.94 EPS for the quarter, beating analysts' consensus estimates of $0.47 by $0.47. Embraer had a net margin of 8.24% and a return on equity of 11.61%. The firm had revenue of $2.31 billion for the quarter, compared to the consensus estimate of $2.21 billion. Sell-side analysts predict that Embraer will post 2.04 EPS for the current year.

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.