
Embraer-Empresa Brasileira de Aeronautica (NYSE:EMBJ – Free Report) – Stock analysts at Zacks Research dropped their FY2028 earnings per share estimates for Embraer-Empresa Brasileira de Aeronautica in a research note issued on Wednesday, July 29th. Zacks Research analyst Team now anticipates that the aerospace company will post earnings per share of $4.61 for the year, down from their previous estimate of $4.64. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Embraer-Empresa Brasileira de Aeronautica’s current full-year earnings is $2.90 per share.
Several other brokerages also recently weighed in on EMBJ. JPMorgan Chase & Co. decreased their target price on Embraer-Empresa Brasileira de Aeronautica from $84.00 to $80.00 and set an “overweight” rating for the company in a research note on Tuesday, May 12th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Embraer-Empresa Brasileira de Aeronautica in a research report on Monday, July 20th. Finally, Scotiabank started coverage on Embraer-Empresa Brasileira de Aeronautica in a report on Monday, June 8th. They set a “sector outperform” rating and a $81.00 price target for the company. Five investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $67.83.
Embraer-Empresa Brasileira de Aeronautica Trading Up 0.5%
Embraer-Empresa Brasileira de Aeronautica stock opened at $67.98 on Friday. Embraer-Empresa Brasileira de Aeronautica has a 52 week low of $53.56 and a 52 week high of $80.75. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.73 and a current ratio of 1.48. The firm has a market capitalization of $12.28 billion, a PE ratio of 39.75, a PEG ratio of 1.63 and a beta of 1.43. The business’s 50-day simple moving average is $61.87 and its 200-day simple moving average is $64.85.
Institutional Trading of Embraer-Empresa Brasileira de Aeronautica
Several institutional investors have recently bought and sold shares of EMBJ. Ascentis Independent Advisors bought a new stake in Embraer-Empresa Brasileira de Aeronautica during the 1st quarter worth about $27,000. CoreCap Advisors LLC bought a new position in shares of Embraer-Empresa Brasileira de Aeronautica in the 4th quarter valued at about $39,000. 1620 Investment Advisors Inc. bought a new position in shares of Embraer-Empresa Brasileira de Aeronautica in the 4th quarter valued at about $44,000. Jones Financial Companies Lllp grew its position in shares of Embraer-Empresa Brasileira de Aeronautica by 98.2% during the 1st quarter. Jones Financial Companies Lllp now owns 1,508 shares of the aerospace company’s stock worth $70,000 after buying an additional 747 shares during the period. Finally, Fred Alger Management LLC grew its position in shares of Embraer-Empresa Brasileira de Aeronautica by 5.8% during the 3rd quarter. Fred Alger Management LLC now owns 15,918 shares of the aerospace company’s stock worth $962,000 after buying an additional 867 shares during the period. Institutional investors and hedge funds own 34.65% of the company’s stock.
About Embraer-Empresa Brasileira de Aeronautica
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.
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