Embraer-Empresa Brasileira de Aeronautica (NYSE:EMBJ) Receives Average Rating of “Moderate Buy” from Brokerages

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

Several research analysts recently issued reports on the company. Zacks Research raised Embraer-Empresa Brasileira de Aeronautica from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 10th. JPMorgan Chase & Co. lifted 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 report on Tuesday, March 10th. Finally, 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.

Embraer-Empresa Brasileira de Aeronautica Price Performance

Shares of NYSE EMBJ opened at $54.52 on Friday. The stock has a market cap of $9.85 billion, a price-to-earnings ratio of 28.40, a PEG ratio of 1.42 and a beta of 1.55. 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 fifty-two week low of $38.78 and a fifty-two week high of $80.75. The firm’s 50-day simple moving average is $70.05 and its 200 day simple moving average is $65.45.

Institutional Investors Weigh In On Embraer-Empresa Brasileira de Aeronautica

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. CoreCap Advisors LLC purchased a new stake in Embraer-Empresa Brasileira de Aeronautica during the 4th quarter worth about $39,000. 1620 Investment Advisors Inc. bought a new position in Embraer-Empresa Brasileira de Aeronautica in the 4th quarter worth about $44,000. Jones Financial Companies Lllp increased its position in shares of Embraer-Empresa Brasileira de Aeronautica by 98.2% in the first quarter. Jones Financial Companies Lllp now owns 1,508 shares of the aerospace company’s stock worth $70,000 after purchasing an additional 747 shares during the last quarter. Gen Wealth Partners Inc purchased a new stake in Embraer-Empresa Brasileira de Aeronautica in the fourth quarter valued at approximately $74,000. Finally, Bruce G. Allen Investments LLC purchased a new stake in Embraer-Empresa Brasileira de Aeronautica in the fourth quarter valued at approximately $90,000. Institutional investors own 34.65% of the company’s stock.

Embraer-Empresa Brasileira de Aeronautica Company Profile

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.