News headlines about Embraer (NYSE:ERJ) have trended somewhat positive on Wednesday, according to Accern. Accern scores the sentiment of press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Embraer earned a coverage optimism score of 0.13 on Accern’s scale. Accern also assigned media coverage about the aerospace company an impact score of 46.8257704275944 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the news headlines that may have impacted Accern’s scoring:
- PICTURE: Embraer to deliver first E190-E2 to Wideroe on 4 April (finance.yahoo.com)
- Embraer SA (ERJ) Receives Consensus Rating of “Hold” from Analysts (americanbankingnews.com)
- Embraer (ERJ) Lifted to Strong-Buy at ValuEngine (americanbankingnews.com)
- Embraer (ERJ) Given New $30.00 Price Target at Credit Suisse Group (americanbankingnews.com)
- Embraer’s (ERJ) “Hold” Rating Reiterated at Scotiabank (americanbankingnews.com)
Shares of Embraer (ERJ) opened at $26.55 on Wednesday. The firm has a market capitalization of $4,930.00, a price-to-earnings ratio of 19.96, a P/E/G ratio of 1.56 and a beta of 0.17. Embraer has a 12 month low of $17.58 and a 12 month high of $28.55. The company has a quick ratio of 1.76, a current ratio of 2.53 and a debt-to-equity ratio of 0.99.
The company also recently declared a special dividend, which will be paid on Wednesday, April 18th. Investors of record on Tuesday, March 20th will be paid a $0.0248 dividend. The ex-dividend date of this dividend is Monday, March 19th. Embraer’s payout ratio is 26.32%.
Several equities analysts have recently issued reports on ERJ shares. Credit Suisse Group reissued an “outperform” rating on shares of Embraer in a research note on Tuesday, December 26th. ValuEngine raised Embraer from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, November 22nd. Cowen reissued a “hold” rating and set a $28.00 target price on shares of Embraer in a research note on Monday, January 22nd. TheStreet raised Embraer from a “c+” rating to a “b-” rating in a research note on Wednesday, January 3rd. Finally, Scotiabank reissued a “hold” rating and set a $24.00 target price on shares of Embraer in a research note on Friday, March 9th. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating, two have given a buy rating and two have assigned a strong buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $24.43.
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Embraer Company Profile
Embraer SA (Embraer) is a manufacturer of jets of 70 to 130 seats. The Company produces aircraft for commercial and executive aviation, and for defense and security purposes and related services. Its segments include Commercial aviation business, which involves the development, production and sale of commercial jets, and rendering of support services, particularly in the regional aviation segment and aircraft leases; Executive Jet business, which markets its executive jets to companies, including fractional ownership companies, charter and air-taxi companies, high-net-worth individuals and to flight academies; Defense and Security Business segment, which conceives, designs, develops, manufactures and supports a range of integrated solutions for the defense and security market, and Other Related Businesses segment, which provides fuel systems, structural parts, and mechanical and hydraulic systems to Sikorsky Aircraft Corporation for its production of helicopters.
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