Other analysts have also recently issued reports about the stock. TheStreet raised shares of Embraer from a c+ rating to a b- rating in a report on Wednesday, January 3rd. ValuEngine cut shares of Embraer from a strong-buy rating to a buy rating in a report on Wednesday, January 3rd. Cowen reissued a hold rating and set a $28.00 target price on shares of Embraer in a report on Thursday. Finally, Credit Suisse Group cut shares of Embraer to a hold rating and set a $25.00 target price on the stock. in a report on Friday, December 22nd. Three research analysts have rated the stock with a sell rating, four have given a hold rating, two have given a buy rating and two have issued a strong buy rating to the stock. The company currently has an average rating of Hold and a consensus target price of $24.43.
Shares of Embraer (ERJ) opened at $27.18 on Friday. The stock has a market cap of $5,030.00, a price-to-earnings ratio of 20.44, a P/E/G ratio of 1.56 and a beta of 0.17. The company has a quick ratio of 1.76, a current ratio of 2.53 and a debt-to-equity ratio of 0.99. Embraer has a twelve month low of $17.58 and a twelve month high of $28.55.
The firm also recently announced a special dividend, which will be paid on Wednesday, April 18th. Shareholders of record on Tuesday, March 20th will be issued a dividend of $0.0248 per share. The ex-dividend date is Monday, March 19th. Embraer’s dividend payout ratio (DPR) is 26.32%.
Institutional investors have recently added to or reduced their stakes in the company. KCS Wealth Advisory bought a new position in shares of Embraer during the fourth quarter worth about $219,000. Teacher Retirement System of Texas bought a new position in shares of Embraer during the fourth quarter worth about $223,000. Highbridge Capital Management LLC bought a new position in shares of Embraer during the third quarter worth about $213,000. 180 Wealth Advisors LLC bought a new position in shares of Embraer during the fourth quarter worth about $229,000. Finally, TD Asset Management Inc. bought a new position in shares of Embraer during the third quarter worth about $237,000. Institutional investors and hedge funds own 48.05% of the company’s stock.
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.
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