Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ) Receives Average Recommendation of "Moderate Buy" from Analysts

Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ - Get Free Report) has earned a consensus rating of "Moderate Buy" from the seven ratings firms that are currently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, three have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $50.40.

A number of equities analysts have issued reports on ERJ shares. UBS Group restated a "sell" rating and set a $39.00 price target (up from $35.00) on shares of Embraer-Empresa Brasileira de Aeronautica in a report on Thursday, April 24th. HSBC upgraded Embraer-Empresa Brasileira de Aeronautica from a "hold" rating to a "buy" rating and increased their price target for the stock from $45.00 to $57.00 in a report on Wednesday, June 4th. Hsbc Global Res upgraded Embraer-Empresa Brasileira de Aeronautica from a "hold" rating to a "strong-buy" rating in a report on Wednesday, June 4th. The Goldman Sachs Group increased their price target on Embraer-Empresa Brasileira de Aeronautica from $54.00 to $60.00 and gave the stock a "buy" rating in a report on Monday, May 12th. Finally, Wall Street Zen cut Embraer-Empresa Brasileira de Aeronautica from a "buy" rating to a "hold" rating in a report on Monday, March 10th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. GQG Partners LLC bought a new position in shares of Embraer-Empresa Brasileira de Aeronautica during the 1st quarter worth $276,246,000. Jennison Associates LLC lifted its holdings in Embraer-Empresa Brasileira de Aeronautica by 215.7% during the 1st quarter. Jennison Associates LLC now owns 4,126,160 shares of the aerospace company's stock worth $190,629,000 after purchasing an additional 2,819,306 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Embraer-Empresa Brasileira de Aeronautica by 654.5% in the 1st quarter. JPMorgan Chase & Co. now owns 3,500,799 shares of the aerospace company's stock valued at $161,737,000 after acquiring an additional 3,036,797 shares in the last quarter. Invesco Ltd. raised its holdings in shares of Embraer-Empresa Brasileira de Aeronautica by 116.8% in the 1st quarter. Invesco Ltd. now owns 2,678,821 shares of the aerospace company's stock valued at $123,762,000 after acquiring an additional 1,443,186 shares in the last quarter. Finally, Carrhae Capital LLP raised its holdings in shares of Embraer-Empresa Brasileira de Aeronautica by 48.1% in the 4th 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 in the last quarter. Institutional investors own 34.65% of the company's stock.

Embraer-Empresa Brasileira de Aeronautica Trading Down 0.4%

Shares of NYSE:ERJ traded down $0.23 during midday trading on Friday, hitting $59.66. 1,080,167 shares of the stock were exchanged, compared to its average volume of 1,494,046. The stock has a market capitalization of $10.96 billion, a price-to-earnings ratio of 27.62 and a beta of 1.72. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.59 and a current ratio of 1.32. The business's 50-day moving average price is $50.15 and its 200 day moving average price is $45.74. Embraer-Empresa Brasileira de Aeronautica has a 12 month low of $26.04 and a 12 month high of $61.65.

Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ - Get Free Report) last announced its earnings results on Tuesday, May 6th. The aerospace company reported $0.40 EPS for the quarter, beating the consensus estimate of $0.21 by $0.19. Embraer-Empresa Brasileira de Aeronautica had a return on equity of 16.43% and a net margin of 6.02%. The business had revenue of $1.10 billion for the quarter, compared to analysts' expectations of $1.17 billion. During the same period in the prior year, the business posted ($0.48) earnings per share. The firm's revenue was up 23.0% on a year-over-year basis. Analysts predict that Embraer-Empresa Brasileira de Aeronautica will post 2.04 earnings per share for the current year.

Embraer-Empresa Brasileira de Aeronautica Announces Dividend

The firm also recently declared a -- dividend, which was paid on Monday, June 2nd. Investors of record on Friday, May 16th were given a $0.049 dividend. The ex-dividend date of this dividend was Friday, May 16th. Embraer-Empresa Brasileira de Aeronautica's payout ratio is currently 2.31%.

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.