Zacks Research Has Optimistic Outlook of EMBJ Q3 Earnings

Key Points

• Zacks Research raised Embraer’s Q3 2027 earnings estimate to $1.22 per share from $1.21, while projecting full-year earnings of $3.06 per share and FY2027 and FY2028 earnings of $3.99 and $4.73 per share, respectively.
• Analyst sentiment is broadly positive: JPMorgan lifted its price target to $104, while the stock carries a consensus “Moderate Buy” rating and an average target price of $85.
• Embraer shares opened at $74.42, near their $80.75 one-year high, and institutional investors and hedge funds own approximately 34.65% of the company.

Embraer-Empresa Brasileira de Aeronautica (NYSE:EMBJ - Free Report) - Equities researchers at Zacks Research upped their Q3 2027 earnings estimates for shares of Embraer-Empresa Brasileira de Aeronautica in a research note issued on Thursday, September 17th. Zacks Research analyst Team now expects that the aerospace company will post earnings of $1.22 per share for the quarter, up from their previous estimate of $1.21. The consensus estimate for Embraer-Empresa Brasileira de Aeronautica's current full-year earnings is $3.06 per share. Zacks Research also issued estimates for Embraer-Empresa Brasileira de Aeronautica's FY2027 earnings at $3.99 EPS and FY2028 earnings at $4.73 EPS.

Several other analysts have also commented on the company. JPMorgan Chase & Co. raised their target price on Embraer-Empresa Brasileira de Aeronautica from $80.00 to $104.00 and gave the stock an "overweight" rating in a report on Friday, August 14th. Scotiabank assumed coverage on Embraer-Empresa Brasileira de Aeronautica in a research report on Monday, June 8th. They set a "sector outperform" rating and a $81.00 target price on the stock. Wall Street Zen upgraded Embraer-Empresa Brasileira de Aeronautica from a "buy" rating to a "strong-buy" rating in a report on Sunday, August 23rd. Finally, Weiss Ratings raised shares of Embraer-Empresa Brasileira de Aeronautica from a "hold (c+)" rating to a "buy (b-)" rating in a report on Wednesday, September 9th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $85.00.

Embraer-Empresa Brasileira de Aeronautica Price Performance

NYSE:EMBJ opened at $74.42 on Friday. The firm's fifty day moving average is $71.50 and its two-hundred day moving average is $64.99. The firm has a market cap of $13.45 billion, a price-to-earnings ratio of 30.13, a PEG ratio of 1.63 and a beta of 1.40. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.72 and a current ratio of 1.44. Embraer-Empresa Brasileira de Aeronautica has a one year low of $53.56 and a one year high of $80.75.

Institutional Investors Weigh In On Embraer-Empresa Brasileira de Aeronautica

A number of hedge funds have recently bought and sold shares of the stock. Ascentis Independent Advisors purchased a new stake in Embraer-Empresa Brasileira de Aeronautica in the first quarter valued at approximately $27,000. Bruce G. Allen Investments LLC acquired a new position in Embraer-Empresa Brasileira de Aeronautica in the fourth quarter valued at $90,000. EverSource Wealth Advisors LLC purchased a new stake in Embraer-Empresa Brasileira de Aeronautica during the fourth quarter valued at about $129,000. Gabelli Funds LLC acquired a new stake in Embraer-Empresa Brasileira de Aeronautica during the fourth quarter worth about $290,000. Finally, Nykredit A S acquired a new stake in Embraer-Empresa Brasileira de Aeronautica during the second quarter worth about $422,000. Institutional investors and hedge funds own 34.65% of the company's stock.

About Embraer-Empresa Brasileira de Aeronautica

Embraer SA, formerly known as Empresa Brasileira de Aeronáutica, is a Brazilian aerospace company headquartered in São José dos Campos, São Paulo. Founded in 1969, the company designs, develops, manufactures and supports aircraft for commercial aviation, executive aviation, defense and security, and specialized applications.

Embraer's commercial aviation portfolio includes the E-Jets and E-Jets E2 families of regional and small narrowbody aircraft. Its executive aviation business produces the Phenom and Praetor families of business jets.

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