Shares of Embraer SA (NYSE:ERJ) have earned a consensus rating of “Hold” from the twelve analysts that are currently covering the company. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $27.17.

A number of equities research analysts have weighed in on ERJ shares. Drexel Hamilton restated a “hold” rating on shares of Embraer SA in a report on Tuesday, July 12th. Zacks Investment Research cut shares of Embraer SA from a “hold” rating to a “sell” rating in a report on Monday, July 4th. Bank of America Corp. upgraded shares of Embraer SA from a “neutral” rating to a “buy” rating in a report on Thursday, June 16th. They noted that the move was a valuation call. HSBC cut shares of Embraer SA from a “buy” rating to a “hold” rating and set a $19.00 price objective on the stock. in a report on Monday, August 1st. Finally, JPMorgan Chase & Co. started coverage on shares of Embraer SA in a report on Thursday. They issued an “overweight” rating on the stock.

Embraer SA (NYSE:ERJ) traded down 0.39% during midday trading on Monday, hitting $17.90. 347,974 shares of the company were exchanged. The stock has a market capitalization of $13.15 billion, a price-to-earnings ratio of 483.78 and a beta of 0.83. Embraer SA has a 1-year low of $17.13 and a 1-year high of $32.50. The stock has a 50 day moving average of $18.22 and a 200-day moving average of $20.98.

Embraer SA (NYSE:ERJ) last announced its quarterly earnings data on Friday, July 29th. The company reported ($0.54) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.50 by $1.04. The business earned $1.37 billion during the quarter, compared to analysts’ expectations of $1.44 billion. Embraer SA had a return on equity of 3.74% and a net margin of 0.10%. Embraer SA’s revenue for the quarter was down 9.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.71 EPS. Equities analysts expect that Embraer SA will post $0.98 earnings per share for the current year.

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. BlackRock Investment Management LLC bought a new position in shares of Embraer SA during the second quarter worth $108,000. JFS Wealth Advisors LLC increased its position in shares of Embraer SA by 14.4% in the second quarter. JFS Wealth Advisors LLC now owns 4,998 shares of the company’s stock worth $109,000 after buying an additional 631 shares during the period. Macquarie Group Ltd. bought a new position in shares of Embraer SA during the second quarter worth $113,000. Commonwealth Bank of Australia increased its position in shares of Embraer SA by 6.0% in the second quarter. Commonwealth Bank of Australia now owns 7,019 shares of the company’s stock worth $152,000 after buying an additional 400 shares during the period. Finally, Advisor Group Inc. bought a new position in shares of Embraer SA during the second quarter worth $169,000. Institutional investors own 51.93% of the company’s stock.

Embraer SA Company Profile

Embraer SA (Embraer) produces aircraft for commercial and executive aviation, and for defense and security purposes and related services. The Company’s segments include Commercial aviation business, Defense and security business, Executive Jet business and Other. Its Commercial Aviation business segment mainly involves the development, production and sale of commercial jets, and rendering of support services.

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