Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ) Releases Quarterly Earnings Results, Misses Estimates By $0.37 EPS

Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ) posted its earnings results on Tuesday. The aerospace company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.67 by ($0.37), Zacks reports. Embraer-Empresa Brasileira de Aeronautica had a return on equity of 13.38% and a net margin of 5.43%. Embraer-Empresa Brasileira de Aeronautica updated its FY 2025 guidance to EPS.

Embraer-Empresa Brasileira de Aeronautica Trading Down 0.1%

Shares of NYSE:ERJ traded down $0.05 during midday trading on Thursday, hitting $65.18. The company had a trading volume of 646,716 shares, compared to its average volume of 1,643,810. Embraer-Empresa Brasileira de Aeronautica has a 12 month low of $33.06 and a 12 month high of $67.44. The company has a current ratio of 1.33, a quick ratio of 0.60 and a debt-to-equity ratio of 0.58. The stock has a market cap of $11.97 billion, a price-to-earnings ratio of 31.79, a PEG ratio of 6.09 and a beta of 1.82. The firm has a fifty day simple moving average of $60.09 and a 200 day simple moving average of $54.55.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Jones Financial Companies Lllp lifted its holdings in Embraer-Empresa Brasileira de Aeronautica by 98.2% during the first quarter. Jones Financial Companies Lllp now owns 1,508 shares of the aerospace company’s stock worth $70,000 after acquiring an additional 747 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S bought a new position in Embraer-Empresa Brasileira de Aeronautica during the second quarter worth about $336,000. Brighton Jones LLC bought a new position in Embraer-Empresa Brasileira de Aeronautica during the fourth quarter worth about $502,000. NewEdge Advisors LLC lifted its holdings in Embraer-Empresa Brasileira de Aeronautica by 99.2% during the second quarter. NewEdge Advisors LLC now owns 16,795 shares of the aerospace company’s stock worth $956,000 after acquiring an additional 8,365 shares in the last quarter. Finally, AlpenGlobal Capital LLC bought a new position in Embraer-Empresa Brasileira de Aeronautica during the second quarter worth about $1,115,000. 34.65% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Wall Street Zen cut Embraer-Empresa Brasileira de Aeronautica from a “buy” rating to a “hold” rating in a report on Saturday, August 9th. Zacks Research raised Embraer-Empresa Brasileira de Aeronautica from a “strong sell” rating to a “hold” rating in a report on Monday, September 15th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Embraer-Empresa Brasileira de Aeronautica in a report on Wednesday, October 8th. Citigroup raised their price target on Embraer-Empresa Brasileira de Aeronautica from $59.00 to $70.00 and gave the company a “buy” rating in a report on Wednesday, October 15th. Finally, Bank of America lifted their target price on Embraer-Empresa Brasileira de Aeronautica from $55.00 to $65.00 and gave the company a “buy” rating in a research note on Thursday, September 11th. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $61.17.

Embraer-Empresa Brasileira de Aeronautica Company Profile

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.