Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ) Given Consensus Rating of "Moderate Buy" by Brokerages

Key Points

• Embraer-Empresa Brasileira de Aeronautica has a consensus rating of "Moderate Buy" from eight analysts, with target prices averaging $54.67.
• Recent institutional investment activities include significant purchases, notably by GQG Partners LLC, which acquired a position worth approximately $276 million.
• Despite reporting a loss of $0.02 EPS for the last quarter, Embraer exceeded revenue expectations with $1.82 billion against an anticipated $1.67 billion.

Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ - Get Free Report) has earned an average rating of "Moderate Buy" from the eight analysts that are covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, four have given a buy rating and two have given a strong buy rating to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $54.6667.

ERJ has been the topic of a number of research analyst reports. Wolfe Research upgraded Embraer-Empresa Brasileira de Aeronautica from a "peer perform" rating to an "outperform" rating and set a $64.00 target price on the stock in a research report on Thursday, July 31st. Hsbc Global Res upgraded Embraer-Empresa Brasileira de Aeronautica from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, June 4th. Zacks Research downgraded Embraer-Empresa Brasileira de Aeronautica from a "hold" rating to a "strong sell" rating in a research report on Friday, August 15th. The Goldman Sachs Group boosted their target price on Embraer-Empresa Brasileira de Aeronautica from $60.00 to $67.00 and gave the stock a "buy" rating in a research report on Thursday, August 7th. Finally, UBS Group boosted their target price on Embraer-Empresa Brasileira de Aeronautica from $39.00 to $44.00 and gave the stock a "sell" rating in a research report on Friday, August 15th.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of ERJ. GQG Partners LLC purchased a new position in shares of Embraer-Empresa Brasileira de Aeronautica during the 1st quarter worth approximately $276,246,000. JPMorgan Chase & Co. increased its stake in shares of Embraer-Empresa Brasileira de Aeronautica by 654.5% during the 1st quarter. JPMorgan Chase & Co. now owns 3,500,799 shares of the aerospace company's stock worth $161,737,000 after purchasing an additional 3,036,797 shares in the last quarter. Jennison Associates LLC boosted its position in Embraer-Empresa Brasileira de Aeronautica by 215.7% during the first quarter. Jennison Associates LLC now owns 4,126,160 shares of the aerospace company's stock worth $190,629,000 after acquiring an additional 2,819,306 shares during the last quarter. Nuveen LLC acquired a new stake in Embraer-Empresa Brasileira de Aeronautica during the first quarter worth approximately $84,931,000. Finally, Invesco Ltd. boosted its position in Embraer-Empresa Brasileira de Aeronautica by 116.8% during the first quarter. Invesco Ltd. now owns 2,678,821 shares of the aerospace company's stock worth $123,762,000 after acquiring an additional 1,443,186 shares during the last quarter. 34.65% of the stock is owned by hedge funds and other institutional investors.

Embraer-Empresa Brasileira de Aeronautica Trading Up 1.1%

Shares of Embraer-Empresa Brasileira de Aeronautica stock opened at $56.9140 on Monday. Embraer-Empresa Brasileira de Aeronautica has a 12-month low of $31.76 and a 12-month high of $61.65. 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 $10.45 billion, a PE ratio of 27.76 and a beta of 1.76. The company has a 50-day moving average of $54.87 and a two-hundred day moving average of $49.44.

Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The aerospace company reported ($0.02) EPS for the quarter, missing the consensus estimate of $0.47 by ($0.49). Embraer-Empresa Brasileira de Aeronautica had a return on equity of 13.38% and a net margin of 5.43%.The firm had revenue of $1.82 billion for the quarter, compared to analysts' expectations of $1.67 billion. During the same period last year, the firm earned $0.44 EPS. Embraer-Empresa Brasileira de Aeronautica has set its FY 2025 guidance at EPS. On average, research analysts anticipate that Embraer-Empresa Brasileira de Aeronautica will post 2.04 EPS for the current fiscal year.

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.

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