ValuEngine upgraded shares of Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ) from a buy rating to a strong-buy rating in a research note issued to investors on Wednesday.

A number of other research firms also recently weighed in on ERJ. TheStreet downgraded Embraer-Empresa Brasileira de Aeronautica from a b- rating to a c rating in a report on Thursday, November 9th. Santander downgraded Embraer-Empresa Brasileira de Aeronautica from a hold rating to an underperform rating in a report on Monday, October 30th. Deutsche Bank AG downgraded Embraer-Empresa Brasileira de Aeronautica from a buy rating to a hold rating and set a $23.00 price objective on the stock. in a research note on Tuesday, October 17th. Goldman Sachs Group, Inc. (The) downgraded Embraer-Empresa Brasileira de Aeronautica from a buy rating to a sell rating and decreased their price objective for the stock from $26.00 to $18.00 in a research note on Thursday, August 10th. Finally, BidaskClub raised Embraer-Empresa Brasileira de Aeronautica from a buy rating to a strong-buy rating in a research note on Friday, August 25th. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating, three have given a buy rating and two have given a strong buy rating to the stock. Embraer-Empresa Brasileira de Aeronautica presently has a consensus rating of Hold and a consensus price target of $22.20.

Embraer-Empresa Brasileira de Aeronautica (ERJ) opened at $19.35 on Wednesday. Embraer-Empresa Brasileira de Aeronautica has a 1-year low of $17.58 and a 1-year high of $24.95. The company has a debt-to-equity ratio of 1.05, a current ratio of 2.67 and a quick ratio of 1.73. The firm has a market capitalization of $3,522.22, a PE ratio of 8.16, a price-to-earnings-growth ratio of 0.62 and a beta of 0.34.

Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ) last posted its earnings results on Friday, October 27th. The aerospace company reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.30 by $0.11. Embraer-Empresa Brasileira de Aeronautica had a return on equity of 10.65% and a net margin of 6.63%. The company had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.34 billion. equities research analysts forecast that Embraer-Empresa Brasileira de Aeronautica will post 1.81 EPS for the current year.

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Several hedge funds and other institutional investors have recently bought and sold shares of ERJ. JFS Wealth Advisors LLC grew its position in shares of Embraer-Empresa Brasileira de Aeronautica by 7.6% during the second quarter. JFS Wealth Advisors LLC now owns 6,659 shares of the aerospace company’s stock worth $121,000 after purchasing an additional 470 shares in the last quarter. Global X Management Co. LLC grew its position in shares of Embraer-Empresa Brasileira de Aeronautica by 2.3% during the second quarter. Global X Management Co. LLC now owns 7,521 shares of the aerospace company’s stock worth $137,000 after purchasing an additional 169 shares in the last quarter. Seminole Management Co. Inc. purchased a new stake in shares of Embraer-Empresa Brasileira de Aeronautica during the second quarter worth about $182,000. Harel Insurance Investments & Financial Services Ltd. grew its position in shares of Embraer-Empresa Brasileira de Aeronautica by 126.4% during the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 11,643 shares of the aerospace company’s stock worth $204,000 after purchasing an additional 6,500 shares in the last quarter. Finally, Highbridge Capital Management LLC purchased a new stake in shares of Embraer-Empresa Brasileira de Aeronautica during the third quarter worth about $213,000. 51.71% of the stock is currently owned by hedge funds and other institutional investors.

Embraer-Empresa Brasileira de Aeronautica Company Profile

Analyst Recommendations for Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ)

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