Shares of Embraer SA (NYSE:ERJ) hit a new 52-week low during trading on Thursday . The company traded as low as $18.11 and last traded at $18.19, with a volume of 34555 shares. The stock had previously closed at $18.65.

A number of analysts recently commented on ERJ shares. Zacks Investment Research lowered Embraer from a “hold” rating to a “sell” rating in a research note on Wednesday, July 25th. Santander raised Embraer from an “underperform” rating to a “hold” rating in a research note on Thursday, August 23rd. Bank of America reaffirmed a “buy” rating and issued a $37.00 price target on shares of Embraer in a research note on Tuesday, July 24th. Morgan Stanley raised Embraer from an “equal” rating to an “overweight” rating and raised their price target for the stock from $20.90 to $23.50 in a research note on Thursday, August 16th. Finally, Credit Suisse Group dropped their price target on Embraer from $29.00 to $27.00 and set an “outperform” rating for the company in a research note on Tuesday, August 14th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and three have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $25.63.

The company has a quick ratio of 1.53, a current ratio of 2.38 and a debt-to-equity ratio of 1.01. The firm has a market capitalization of $3.51 billion, a PE ratio of 12.07, a price-to-earnings-growth ratio of 2.94 and a beta of 0.07.

Embraer (NYSE:ERJ) last posted its quarterly earnings data on Tuesday, July 31st. The aerospace company reported $0.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.13). The firm had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.46 billion. Embraer had a return on equity of 2.78% and a net margin of 0.12%. Embraer’s revenue for the quarter was down 29.0% compared to the same quarter last year. During the same quarter last year, the company posted $0.32 EPS. equities analysts expect that Embraer SA will post 0.38 earnings per share for the current fiscal year.

A number of institutional investors and hedge funds have recently bought and sold shares of ERJ. Connor Clark & Lunn Investment Management Ltd. raised its holdings in Embraer by 319.5% in the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 272,573 shares of the aerospace company’s stock worth $6,787,000 after purchasing an additional 207,598 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in Embraer in the second quarter worth $4,956,000. Sei Investments Co. raised its holdings in Embraer by 164.9% in the first quarter. Sei Investments Co. now owns 318,226 shares of the aerospace company’s stock worth $8,274,000 after purchasing an additional 198,083 shares in the last quarter. AMS Capital Ltda bought a new position in Embraer in the second quarter worth $3,113,000. Finally, Dimensional Fund Advisors LP increased its holdings in shares of Embraer by 2.8% during the second quarter. Dimensional Fund Advisors LP now owns 3,689,065 shares of the aerospace company’s stock valued at $91,898,000 after acquiring an additional 99,688 shares in the last quarter. Institutional investors and hedge funds own 47.83% of the company’s stock.

Embraer Company Profile (NYSE:ERJ)

Embraer SA designs, develops, manufactures, and sells aircraft and systems in Brazil, North America, Latin America, the Asia Pacific, Europe, and internationally. It operates through Commercial Aviation, Defense and Security, Executive Jets, and Other Related Businesses segments. The Commercial Aviation segment develops, produces, and sells commercial jets; and provides support services, as well as leases aircraft.

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