Brokerages Set Embraer S.A. (NYSE:ERJ) PT at $48.75

Shares of Embraer S.A. (NYSE:ERJ - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the five analysts that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, two have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $48.75.

ERJ has been the topic of several recent analyst reports. Wall Street Zen lowered 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. UBS Group reaffirmed a "sell" rating and set a $39.00 price target (up previously from $35.00) on shares of Embraer in a research report on Thursday, April 24th. Finally, The Goldman Sachs Group boosted their price target on Embraer from $54.00 to $60.00 and gave the stock a "buy" rating in a research report on Monday, May 12th.

Embraer Stock Down 0.3%

NYSE ERJ traded down $0.14 during trading on Friday, hitting $47.65. The stock had a trading volume of 108,951 shares, compared to its average volume of 1,654,691. The company has a market capitalization of $8.75 billion, a PE ratio of 17.53 and a beta of 1.67. The company's 50-day moving average price is $46.44 and its two-hundred day moving average price is $42.44. 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 12 month low of $25.24 and a 12 month high of $56.61.

Embraer (NYSE:ERJ - Get Free Report) last released 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. The firm had revenue of $1.10 billion for the quarter, compared to analysts' expectations of $1.17 billion. Embraer had a return on equity of 11.61% and a net margin of 8.24%. The business's quarterly revenue was up 23.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.48) EPS. As a group, sell-side analysts forecast that Embraer will post 2.04 EPS for the current year.

Embraer Dividend Announcement

The firm also recently announced a -- dividend, which will be paid on Monday, June 2nd. Investors of record on Friday, May 16th will be issued a dividend of $0.049 per share. The ex-dividend date is Friday, May 16th. Embraer's payout ratio is presently 1.85%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in ERJ. GQG Partners LLC acquired a new position in shares of Embraer during the 1st quarter worth approximately $276,246,000. JPMorgan Chase & Co. increased its holdings in shares of 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 acquiring an additional 3,036,797 shares during the last quarter. Jennison Associates LLC increased its holdings 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 acquiring an additional 2,819,306 shares during the last quarter. Nuveen LLC acquired a new position in shares of Embraer during the 1st quarter worth approximately $84,931,000. Finally, Invesco Ltd. increased its holdings in shares of Embraer by 116.8% during the 1st 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 institutional investors and hedge funds.

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.