Embraer-Empresa Brasileira de Aeronautica (NYSE:EMBJ) Receives $64.43 Consensus Target Price from Analysts

Embraer-Empresa Brasileira de Aeronautica (NYSE:EMBJ) has received an average rating of “Moderate Buy” from the nine brokerages that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $64.4286.

A number of analysts recently commented on EMBJ shares. Wall Street Zen cut Embraer-Empresa Brasileira de Aeronautica from a “buy” rating to a “hold” rating in a research report on Saturday, March 14th. Zacks Research lowered shares of Embraer-Empresa Brasileira de Aeronautica from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 8th. Finally, JPMorgan Chase & Co. raised their price target on shares of Embraer-Empresa Brasileira de Aeronautica from $80.00 to $84.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 10th.

Embraer-Empresa Brasileira de Aeronautica Price Performance

Shares of NYSE:EMBJ opened at $67.83 on Wednesday. The business’s fifty day moving average price is $65.66 and its two-hundred day moving average price is $66.05. The stock has a market cap of $12.26 billion, a PE ratio of 35.33, a price-to-earnings-growth ratio of 1.61 and a beta of 1.61. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.82 and a current ratio of 1.50. Embraer-Empresa Brasileira de Aeronautica has a one year low of $41.90 and a one year high of $80.75.

Embraer-Empresa Brasileira de Aeronautica (NYSE:EMBJ) last released its quarterly earnings results on Saturday, February 14th. The aerospace company reported $0.46 earnings per share for the quarter. Embraer-Empresa Brasileira de Aeronautica had a return on equity of 7.45% and a net margin of 4.64%.The company had revenue of $2.65 billion during the quarter. On average, analysts forecast that Embraer-Empresa Brasileira de Aeronautica will post 2.04 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Itau Unibanco Holding S.A. acquired a new position in Embraer-Empresa Brasileira de Aeronautica during the fourth quarter worth approximately $68,460,000. Lord Abbett & CO. LLC acquired a new position in shares of Embraer-Empresa Brasileira de Aeronautica in the 4th quarter valued at $28,696,000. Vaughan Nelson Investment Management L.P. acquired a new position in shares of Embraer-Empresa Brasileira de Aeronautica in the 1st quarter valued at $21,687,000. Russell Investments Group Ltd. purchased a new stake in shares of Embraer-Empresa Brasileira de Aeronautica during the 4th quarter valued at $21,288,000. Finally, Ameriprise Financial Inc. grew its stake in shares of Embraer-Empresa Brasileira de Aeronautica by 20.7% during the 3rd quarter. Ameriprise Financial Inc. now owns 970,129 shares of the aerospace company’s stock valued at $58,644,000 after buying an additional 166,489 shares during the period. 34.65% of the stock is currently owned by institutional investors and hedge funds.

About Embraer-Empresa Brasileira de Aeronautica

Embraer SA (NYSE:EMBJ), legally known as Embraer – Empresa Brasileira de Aeronáutica SA, is a global aerospace company headquartered in São José dos Campos, Brazil. The company designs, develops, manufactures and sells commercial, executive, defence and agricultural aircraft. Embraer’s product portfolio includes the popular E-Jets family for regional and short-haul carriers, the advanced E2 series, a range of business jets under the Phenom, Legacy and Praetor brands, the A-29 Super Tucano military trainer and light attack aircraft, the C-390 Millennium multi-mission transport platform, and the Ipanema agricultural aircraft.

Embraer’s commercial aviation segment focuses on regional airlines and air taxi operators, offering aircraft that seat between 70 and 150 passengers.