Embraer (NYSE:ERJ) was upgraded by equities researchers at TheStreet from a “c+” rating to a “b-” rating in a research report issued to clients and investors on Wednesday, January 3rd.

ERJ has been the subject of a number of other research reports. Zacks Investment Research cut Embraer from a “hold” rating to a “sell” rating in a research report on Thursday, November 2nd. Credit Suisse Group lowered Embraer to a “hold” rating and set a $25.00 price target on the stock. in a research note on Friday, December 22nd. Cowen reissued a “hold” rating and issued a $22.00 price target on shares of Embraer in a research note on Monday, October 30th. Deutsche Bank lowered Embraer from a “buy” rating to a “hold” rating and set a $23.00 price target on the stock. in a research note on Tuesday, October 17th. Finally, ValuEngine raised Embraer from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, November 22nd. Three analysts have rated the stock with a sell rating, four have given a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $23.67.

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Shares of Embraer (NYSE ERJ) traded down $0.06 during mid-day trading on Wednesday, hitting $25.44. The stock had a trading volume of 1,288,183 shares, compared to its average volume of 2,500,000. Embraer has a twelve month low of $17.58 and a twelve month high of $27.45. The stock has a market capitalization of $4,640.00, a PE ratio of 11.11, a P/E/G ratio of 1.60 and a beta of 0.32. The company has a current ratio of 2.67, a quick ratio of 1.73 and a debt-to-equity ratio of 1.05.

Embraer (NYSE:ERJ) last announced its quarterly 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. The business had revenue of $1.31 billion during the quarter, compared to analysts’ expectations of $1.34 billion. Embraer had a return on equity of 10.65% and a net margin of 6.63%. analysts forecast that Embraer will post 1.83 EPS for the current year.

A number of hedge funds have recently bought and sold shares of the business. Seminole Management Co. Inc. purchased a new stake in Embraer during the 4th quarter worth approximately $1,938,000. Mondrian Investment Partners LTD increased its holdings in Embraer by 72.6% during the 4th quarter. Mondrian Investment Partners LTD now owns 18,728,759 shares of the aerospace company’s stock worth $448,179,000 after purchasing an additional 7,877,076 shares during the last quarter. Community Financial Services Group LLC increased its holdings in Embraer by 3.2% during the 4th quarter. Community Financial Services Group LLC now owns 254,370 shares of the aerospace company’s stock worth $6,088,000 after purchasing an additional 7,855 shares during the last quarter. Oldfield Partners LLP increased its holdings in Embraer by 11.9% during the 4th quarter. Oldfield Partners LLP now owns 3,679,465 shares of the aerospace company’s stock worth $88,050,000 after purchasing an additional 392,200 shares during the last quarter. Finally, KCS Wealth Advisory purchased a new stake in Embraer during the 4th quarter worth approximately $219,000. Institutional investors own 54.61% of the company’s stock.

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Embraer Company Profile

Embraer SA (Embraer) is a manufacturer of jets of 70 to 130 seats. The Company produces aircraft for commercial and executive aviation, and for defense and security purposes and related services. Its segments include Commercial aviation business, which involves the development, production and sale of commercial jets, and rendering of support services, particularly in the regional aviation segment and aircraft leases; Executive Jet business, which markets its executive jets to companies, including fractional ownership companies, charter and air-taxi companies, high-net-worth individuals and to flight academies; Defense and Security Business segment, which conceives, designs, develops, manufactures and supports a range of integrated solutions for the defense and security market, and Other Related Businesses segment, which provides fuel systems, structural parts, and mechanical and hydraulic systems to Sikorsky Aircraft Corporation for its production of helicopters.

Analyst Recommendations for Embraer (NYSE:ERJ)

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