Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ) Receives Consensus Rating of “Moderate Buy” from Analysts

Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ) has been assigned a consensus rating of “Moderate Buy” from the eleven research firms that are covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, six have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $63.8571.

Several equities analysts have weighed in on ERJ shares. Zacks Research raised shares of Embraer-Empresa Brasileira de Aeronautica from a “strong sell” rating to a “hold” rating in a report on Monday, September 15th. Bank of America raised their target price on shares of Embraer-Empresa Brasileira de Aeronautica from $55.00 to $65.00 and gave the company a “buy” rating in a report on Thursday, September 11th. UBS Group boosted their price objective on Embraer-Empresa Brasileira de Aeronautica from $39.00 to $44.00 and gave the stock a “sell” rating in a research note on Friday, August 15th. Wolfe Research upgraded Embraer-Empresa Brasileira de Aeronautica from a “peer perform” rating to an “outperform” rating and set a $64.00 price target on the stock in a report on Thursday, July 31st. Finally, Citigroup raised their price objective on shares of Embraer-Empresa Brasileira de Aeronautica from $59.00 to $70.00 and gave the stock a “buy” rating in a research note on Wednesday, October 15th.

Institutional Trading of Embraer-Empresa Brasileira de Aeronautica

Several institutional investors and hedge funds have recently modified their holdings of ERJ. GQG Partners LLC bought a new stake in Embraer-Empresa Brasileira de Aeronautica during the 1st quarter valued at $276,246,000. Jennison Associates LLC raised its position in shares of Embraer-Empresa Brasileira de Aeronautica by 215.7% in the 1st quarter. Jennison Associates LLC now owns 4,126,160 shares of the aerospace company’s stock valued at $190,629,000 after purchasing an additional 2,819,306 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Embraer-Empresa Brasileira de Aeronautica by 654.5% during the first quarter. JPMorgan Chase & Co. now owns 3,500,799 shares of the aerospace company’s stock worth $161,737,000 after buying an additional 3,036,797 shares during the period. Invesco Ltd. lifted its position in Embraer-Empresa Brasileira de Aeronautica 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 period. Finally, Nuveen LLC acquired a new stake in shares of Embraer-Empresa Brasileira de Aeronautica during the first quarter worth about $84,931,000. Institutional investors own 34.65% of the company’s stock.

Embraer-Empresa Brasileira de Aeronautica Stock Down 0.1%

Embraer-Empresa Brasileira de Aeronautica stock opened at $65.18 on Friday. The stock has a fifty day moving average of $60.44 and a 200 day moving average of $54.78. Embraer-Empresa Brasileira de Aeronautica has a one year low of $33.06 and a one year high of $67.44. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.60 and a current ratio of 1.33. The stock has a market cap of $11.97 billion, a PE ratio of 31.79, a price-to-earnings-growth ratio of 6.09 and a beta of 1.82.

Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ) last posted its quarterly earnings data on Tuesday, November 4th. The aerospace company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.67 by ($0.37). Embraer-Empresa Brasileira de Aeronautica had a return on equity of 13.38% and a net margin of 5.43%. Embraer-Empresa Brasileira de Aeronautica has set its FY 2025 guidance at EPS. As a group, sell-side analysts predict that Embraer-Empresa Brasileira de Aeronautica will post 2.04 EPS for the current year.

Embraer-Empresa Brasileira de Aeronautica declared that its board has approved a share buyback program on Thursday, November 6th that authorizes the company to repurchase 0 outstanding shares. This repurchase authorization authorizes the aerospace company to purchase shares of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s management believes its stock is undervalued.

About Embraer-Empresa Brasileira de Aeronautica

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.