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

Embraer S.A. (NYSE:ERJ) has been assigned a consensus rating of “Moderate Buy” from the six analysts that are presently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $29.83.

A number of brokerages have commented on ERJ. UBS Group boosted their price target on shares of Embraer from $28.50 to $29.00 and gave the company a “neutral” rating in a research note on Wednesday, July 3rd. StockNews.com lowered shares of Embraer from a “buy” rating to a “hold” rating in a report on Tuesday.

Institutional Trading of Embraer

Several institutional investors and hedge funds have recently made changes to their positions in the company. U.S. Capital Wealth Advisors LLC grew its position in Embraer by 6.5% in the 2nd quarter. U.S. Capital Wealth Advisors LLC now owns 10,724 shares of the aerospace company’s stock worth $277,000 after purchasing an additional 652 shares in the last quarter. Vanguard Personalized Indexing Management LLC increased its position in shares of Embraer by 6.5% during the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 17,525 shares of the aerospace company’s stock valued at $323,000 after acquiring an additional 1,070 shares during the last quarter. Orion Portfolio Solutions LLC lifted its holdings in Embraer by 2.6% during the first quarter. Orion Portfolio Solutions LLC now owns 44,535 shares of the aerospace company’s stock worth $1,186,000 after acquiring an additional 1,139 shares during the period. Advisors Asset Management Inc. boosted its position in Embraer by 33.2% in the first quarter. Advisors Asset Management Inc. now owns 5,598 shares of the aerospace company’s stock worth $149,000 after purchasing an additional 1,394 shares during the last quarter. Finally, Advisors Preferred LLC bought a new position in Embraer in the 4th quarter valued at $28,000. Hedge funds and other institutional investors own 34.65% of the company’s stock.

Embraer Price Performance

Shares of ERJ opened at $28.77 on Friday. The firm has a market cap of $5.28 billion, a PE ratio of 19.98 and a beta of 1.71. Embraer has a 52-week low of $12.48 and a 52-week high of $31.27. The business’s 50 day moving average price is $28.42 and its two-hundred day moving average price is $24.34. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.71 and a current ratio of 1.51.

Embraer (NYSE:ERJ) last released its earnings results on Tuesday, May 7th. The aerospace company reported ($0.07) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.12) by $0.05. Embraer had a net margin of 4.84% and a return on equity of 5.35%. The company had revenue of $896.60 million for the quarter, compared to the consensus estimate of $883.92 million. On average, equities analysts anticipate that Embraer will post 1.3 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.