Brokerages Set Embraer S.A. (NYSE:ERJ) PT at $44.50

Shares of Embraer S.A. (NYSE:ERJ - Get Free Report) have earned a consensus rating of "Moderate Buy" from the five analysts that are presently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell rating, one has issued a hold rating, two have issued a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $46.25.

Several equities research analysts recently commented on the stock. The Goldman Sachs Group boosted their price objective on shares of Embraer from $44.00 to $50.00 and gave the stock a "buy" rating in a research note on Monday, March 3rd. StockNews.com cut Embraer from a "buy" rating to a "hold" rating in a research report on Monday, March 10th. Wolfe Research reaffirmed a "peer perform" rating on shares of Embraer in a research report on Monday, March 24th. Finally, UBS Group reissued a "sell" rating and issued a $39.00 target price (up from $35.00) on shares of Embraer in a report on Thursday.

Institutional Investors Weigh In On Embraer

A number of large investors have recently made changes to their positions in the company. Carrhae Capital LLP increased its holdings in Embraer by 48.1% during the fourth quarter. Carrhae Capital LLP now owns 2,670,740 shares of the aerospace company's stock valued at $97,963,000 after buying an additional 866,919 shares during the last quarter. Gilder Gagnon Howe & Co. LLC raised its holdings in Embraer by 19.0% in the 4th quarter. Gilder Gagnon Howe & Co. LLC now owns 2,439,060 shares of the aerospace company's stock worth $89,465,000 after purchasing an additional 390,094 shares during the period. Arrowstreet Capital Limited Partnership lifted its position in Embraer by 8.7% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 2,210,060 shares of the aerospace company's stock valued at $81,065,000 after purchasing an additional 176,182 shares in the last quarter. Invesco Ltd. lifted its position in Embraer by 17,140.6% during the fourth quarter. Invesco Ltd. now owns 1,235,635 shares of the aerospace company's stock valued at $45,323,000 after purchasing an additional 1,228,468 shares in the last quarter. Finally, Vaughan Nelson Investment Management L.P. bought a new stake in Embraer during the fourth quarter valued at about $42,313,000. 34.65% of the stock is currently owned by institutional investors.

Embraer Stock Up 0.3 %

Embraer stock traded up $0.13 during trading hours on Tuesday, hitting $44.72. 587,672 shares of the stock traded hands, compared to its average volume of 1,600,157. Embraer has a one year low of $25.05 and a one year high of $56.61. The company has a market cap of $8.21 billion, a PE ratio of 16.44 and a beta of 1.36. The firm's 50-day moving average price is $46.47 and its two-hundred day moving average price is $40.84. The company has a current ratio of 1.56, a quick ratio of 0.76 and a debt-to-equity ratio of 0.74.

Embraer (NYSE:ERJ - Get Free Report) last released its quarterly earnings results on Thursday, February 27th. The aerospace company reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.47. The company had revenue of $2.31 billion for the quarter, compared to analyst estimates of $2.21 billion. Embraer had a return on equity of 11.61% and a net margin of 8.24%. On average, research analysts forecast that Embraer will post 2.04 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.