A number of other research analysts have also recently commented on the company. Credit Suisse Group restated an outperform rating on shares of Embraer in a research note on Tuesday, December 26th. ValuEngine upgraded Embraer from a buy rating to a strong-buy rating in a research note on Wednesday, November 22nd. Finally, TheStreet upgraded Embraer from a c+ rating to a b- rating in a research note on Wednesday, January 3rd. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, two have assigned a buy rating and two have given a strong buy rating to the company. Embraer currently has a consensus rating of Hold and a consensus price target of $24.43.
Embraer (ERJ) opened at $27.18 on Thursday. The company has a market capitalization of $5,030.00, a PE ratio of 20.44, a price-to-earnings-growth ratio of 1.56 and a beta of 0.17. Embraer has a one year low of $17.58 and a one year high of $28.55. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.76 and a current ratio of 2.53.
The firm also recently declared a special dividend, which will be paid on Wednesday, April 18th. Investors of record on Tuesday, March 20th will be paid a $0.0248 dividend. The ex-dividend date of this dividend is Monday, March 19th. Embraer’s dividend payout ratio (DPR) is 26.32%.
Several large investors have recently added to or reduced their stakes in the stock. Mondrian Investment Partners LTD lifted its stake in shares of Embraer by 72.6% in the fourth quarter. Mondrian Investment Partners LTD now owns 18,728,759 shares of the aerospace company’s stock worth $448,179,000 after acquiring an additional 7,877,076 shares in the last quarter. Brandes Investment Partners LP lifted its stake in shares of Embraer by 3.1% in the fourth quarter. Brandes Investment Partners LP now owns 18,089,729 shares of the aerospace company’s stock worth $432,887,000 after acquiring an additional 539,953 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC lifted its stake in shares of Embraer by 9.5% in the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 6,115,296 shares of the aerospace company’s stock worth $138,267,000 after acquiring an additional 531,605 shares in the last quarter. Oldfield Partners LLP lifted its stake in shares of Embraer by 11.9% in the fourth quarter. Oldfield Partners LLP now owns 3,679,465 shares of the aerospace company’s stock worth $88,050,000 after acquiring an additional 392,200 shares in the last quarter. Finally, Russell Investments Group Ltd. lifted its stake in shares of Embraer by 2.4% in the third quarter. Russell Investments Group Ltd. now owns 2,367,438 shares of the aerospace company’s stock worth $53,524,000 after acquiring an additional 55,637 shares in the last quarter. Institutional investors and hedge funds own 48.05% 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.
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