Embraer S.A. (NYSE:ERJ) Receives Average Rating of "Moderate Buy" from Analysts

Embraer S.A. (NYSE:ERJ - Get Free Report) has been assigned an average rating of "Moderate Buy" from the five research firms that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, one has given a hold recommendation, two have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $48.75.

A number of equities analysts have recently commented on the stock. The Goldman Sachs Group lifted their target price on shares of Embraer from $54.00 to $60.00 and gave the company a "buy" rating in a report on Monday, May 12th. Wolfe Research restated a "peer perform" rating on shares of Embraer in a research note on Monday, March 24th. UBS Group reiterated a "sell" rating and set a $39.00 target price (up previously from $35.00) on shares of Embraer in a research note on Thursday, April 24th. Finally, StockNews.com lowered Embraer from a "buy" rating to a "hold" rating in a report on Monday, March 10th.

Hedge Funds Weigh In On Embraer

A number of large investors have recently bought and sold shares of ERJ. GQG Partners LLC acquired a new position in shares of Embraer during the first quarter worth about $276,246,000. JPMorgan Chase & Co. increased its position in Embraer 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 during the period. Jennison Associates LLC raised its stake in shares of Embraer 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 buying an additional 2,819,306 shares in the last quarter. Nuveen LLC acquired a new stake in shares of Embraer in the 1st quarter valued at approximately $84,931,000. Finally, Invesco Ltd. boosted its stake in shares of Embraer by 116.8% in the first quarter. Invesco Ltd. now owns 2,678,821 shares of the aerospace company's stock valued at $123,762,000 after buying an additional 1,443,186 shares in the last quarter. Hedge funds and other institutional investors own 34.65% of the company's stock.

Embraer Stock Performance

Shares of ERJ stock opened at $48.80 on Friday. The stock's 50-day moving average is $46.60 and its two-hundred day moving average is $42.12. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.76 and a current ratio of 1.56. Embraer has a 1 year low of $25.24 and a 1 year high of $56.61. The firm has a market cap of $8.96 billion, a price-to-earnings ratio of 17.94 and a beta of 1.67.

Embraer (NYSE:ERJ - Get Free Report) last released its quarterly earnings results on Tuesday, May 6th. The aerospace company reported $0.40 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.21 by $0.19. The firm had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.17 billion. Embraer had a return on equity of 11.61% and a net margin of 8.24%. The firm's quarterly revenue was up 23.0% compared to the same quarter last year. During the same quarter last year, the business posted ($0.48) EPS. Analysts predict that Embraer will post 2.04 earnings per share for the current year.

Embraer Dividend Announcement

The company also recently disclosed a -- dividend, which will be paid on Monday, June 2nd. Shareholders of record on Friday, May 16th will be paid a $0.049 dividend. The ex-dividend date is Friday, May 16th. Embraer's dividend payout ratio is currently 1.85%.

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.

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