Shares of Embraer SA (NYSE:ERJ) have earned a consensus rating of “Hold” from the ten research firms that are covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and three have given a buy recommendation to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $25.88.

ERJ has been the topic of several recent research reports. ValuEngine raised Embraer from a “hold” rating to a “buy” rating in a report on Wednesday, May 1st. William Blair reissued a “market perform” rating on shares of Embraer in a report on Wednesday. Finally, Zacks Investment Research downgraded Embraer from a “buy” rating to a “hold” rating in a report on Friday, May 10th.

Shares of NYSE ERJ traded up $0.01 during mid-day trading on Friday, hitting $18.09. 1,110,500 shares of the stock traded hands, compared to its average volume of 531,075. The company has a debt-to-equity ratio of 0.86, a current ratio of 2.25 and a quick ratio of 1.29. Embraer has a twelve month low of $16.81 and a twelve month high of $23.68. The company has a market cap of $3.31 billion, a PE ratio of -60.30 and a beta of -0.14. The firm has a 50 day simple moving average of $20.13 and a two-hundred day simple moving average of $19.79.

Embraer (NYSE:ERJ) last released its quarterly earnings data on Wednesday, August 14th. The aerospace company reported ($0.08) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.17) by $0.09. Embraer had a negative return on equity of 2.83% and a negative net margin of 1.49%. The company had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $1.35 billion. During the same quarter last year, the business posted $0.03 EPS. Embraer’s revenue for the quarter was up 10.0% on a year-over-year basis. On average, equities research analysts anticipate that Embraer will post -0.38 earnings per share for the current fiscal year.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Quadrant Capital Group LLC raised its position in Embraer by 36.0% during the 1st quarter. Quadrant Capital Group LLC now owns 2,508 shares of the aerospace company’s stock worth $46,000 after purchasing an additional 664 shares during the last quarter. Advisor Group Inc. raised its position in Embraer by 19.1% during the 2nd quarter. Advisor Group Inc. now owns 4,334 shares of the aerospace company’s stock worth $88,000 after purchasing an additional 694 shares during the last quarter. Earnest Partners LLC raised its position in Embraer by 2.9% during the 2nd quarter. Earnest Partners LLC now owns 46,050 shares of the aerospace company’s stock worth $927,000 after purchasing an additional 1,307 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in Embraer by 22.8% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 7,222 shares of the aerospace company’s stock worth $137,000 after purchasing an additional 1,340 shares during the last quarter. Finally, Holistic Financial Partners raised its position in Embraer by 17.8% during the 1st quarter. Holistic Financial Partners now owns 12,455 shares of the aerospace company’s stock worth $237,000 after purchasing an additional 1,879 shares during the last quarter. 43.38% of the stock is currently owned by institutional investors.

About Embraer

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, Service & Support, and Other segments. The Commercial Aviation segment develops, produces, and sells commercial jets; and provides support services, as well as leases aircraft.

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Analyst Recommendations for Embraer (NYSE:ERJ)

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