Embraer-Empresa Brasileira de Aeronautica (NYSE:EMBJ) Receives Consensus Rating of “Moderate Buy” from Analysts

Embraer-Empresa Brasileira de Aeronautica (NYSE:EMBJ) has earned a consensus rating of “Moderate Buy” from the nine analysts that are currently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and six have issued a buy recommendation on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $64.4286.

Several research analysts have recently commented on the company. JPMorgan Chase & Co. lifted their target price on Embraer-Empresa Brasileira de Aeronautica from $80.00 to $84.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 10th. Wall Street Zen downgraded Embraer-Empresa Brasileira de Aeronautica from a “buy” rating to a “hold” rating in a research note on Saturday, March 14th. Finally, Zacks Research downgraded Embraer-Empresa Brasileira de Aeronautica from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 8th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Itau Unibanco Holding S.A. acquired a new position in Embraer-Empresa Brasileira de Aeronautica in the 4th quarter valued at $68,460,000. Ameriprise Financial Inc. grew its holdings in Embraer-Empresa Brasileira de Aeronautica by 20.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 970,129 shares of the aerospace company’s stock valued at $58,644,000 after buying an additional 166,489 shares in the last quarter. Lord Abbett & CO. LLC acquired a new position in Embraer-Empresa Brasileira de Aeronautica in the 4th quarter valued at $28,696,000. Vaughan Nelson Investment Management L.P. acquired a new position in Embraer-Empresa Brasileira de Aeronautica in the 1st quarter valued at $21,687,000. Finally, Russell Investments Group Ltd. acquired a new position in Embraer-Empresa Brasileira de Aeronautica in the 4th quarter valued at $21,288,000. 34.65% of the stock is owned by institutional investors and hedge funds.

Embraer-Empresa Brasileira de Aeronautica Stock Performance

Shares of NYSE EMBJ opened at $65.64 on Wednesday. The company has a current ratio of 1.50, a quick ratio of 0.82 and a debt-to-equity ratio of 0.65. Embraer-Empresa Brasileira de Aeronautica has a 12 month low of $41.90 and a 12 month high of $80.75. The stock has a 50 day moving average of $65.43 and a 200-day moving average of $66.26. The company has a market capitalization of $11.86 billion, a P/E ratio of 34.19, a P/E/G ratio of 1.66 and a beta of 1.61.

Embraer-Empresa Brasileira de Aeronautica (NYSE:EMBJ) last issued its earnings results on Saturday, February 14th. The aerospace company reported $0.46 EPS for the quarter. Embraer-Empresa Brasileira de Aeronautica had a return on equity of 7.45% and a net margin of 4.64%.The company had revenue of $2.65 billion during the quarter. As a group, equities research analysts predict that Embraer-Empresa Brasileira de Aeronautica will post 2.87 EPS for the current year.

Embraer-Empresa Brasileira de Aeronautica Company Profile

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.