Equities Analysts Offer Predictions for Embraer S.A.’s Q4 2024 Earnings (NYSE:ERJ)

Embraer S.A. (NYSE:ERJ) – Zacks Research reduced their Q4 2024 earnings estimates for shares of Embraer in a research report issued to clients and investors on Monday, May 6th. Zacks Research analyst R. Department now forecasts that the aerospace company will earn $0.72 per share for the quarter, down from their prior estimate of $0.73. The consensus estimate for Embraer’s current full-year earnings is $1.36 per share.

Embraer (NYSE:ERJ) last posted its quarterly earnings data on Monday, March 18th. The aerospace company reported $0.42 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $0.15. Embraer had a net margin of 3.11% and a return on equity of 2.80%. The company had revenue of $1.98 billion for the quarter, compared to analyst estimates of $2.21 billion.

Several other research firms have also weighed in on ERJ. The Goldman Sachs Group boosted their price objective on Embraer from $21.00 to $35.00 and gave the company a “buy” rating in a research note on Friday, March 22nd. Morgan Stanley boosted their price target on Embraer from $19.50 to $40.00 and gave the company an “overweight” rating in a research note on Thursday, March 14th. StockNews.com downgraded shares of Embraer from a “buy” rating to a “hold” rating in a research report on Monday. HSBC lowered shares of Embraer from a “buy” rating to a “hold” rating and increased their target price for the stock from $18.00 to $19.00 in a research note on Tuesday, February 6th. Finally, UBS Group reissued a “neutral” rating and set a $28.50 price objective (up previously from $21.00) on shares of Embraer in a research report on Tuesday, March 26th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, Embraer has an average rating of “Moderate Buy” and an average target price of $29.75.

Embraer Trading Up 0.1 %

ERJ stock opened at $26.40 on Thursday. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.93 and a current ratio of 1.65. The company’s fifty day simple moving average is $24.74 and its 200 day simple moving average is $19.95. Embraer has a 12-month low of $12.48 and a 12-month high of $27.47.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Harel Insurance Investments & Financial Services Ltd. raised its holdings in shares of Embraer by 19.8% in the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 5,390 shares of the aerospace company’s stock worth $73,000 after acquiring an additional 890 shares during the last quarter. Vanguard Personalized Indexing Management LLC raised its stake in shares of Embraer by 6.5% in the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 17,525 shares of the aerospace company’s stock worth $323,000 after purchasing an additional 1,070 shares during the last quarter. Orion Portfolio Solutions LLC lifted its holdings in shares of Embraer by 2.6% in the first quarter. Orion Portfolio Solutions LLC now owns 44,535 shares of the aerospace company’s stock valued at $1,186,000 after purchasing an additional 1,139 shares in the last quarter. Advisors Preferred LLC bought a new stake in Embraer during the fourth quarter worth $28,000. Finally, PNC Financial Services Group Inc. purchased a new stake in Embraer in the 4th quarter valued at $30,000. 34.65% of the stock is owned by institutional investors.

Embraer 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.