Embraer (NYSE:ERJ – Get Free Report) released its earnings results on Thursday. The aerospace company reported $0.94 EPS for the quarter, beating the consensus estimate of $0.47 by $0.47, Zacks reports. The business had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.21 billion. Embraer had a net margin of 8.24% and a return on equity of 11.61%. Embraer updated its FY 2025 guidance to EPS.
Embraer Stock Down 0.5 %
Shares of NYSE ERJ traded down $0.26 during mid-day trading on Friday, reaching $47.25. The company had a trading volume of 1,023,776 shares, compared to its average volume of 1,387,145. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.76 and a current ratio of 1.56. Embraer has a twelve month low of $19.08 and a twelve month high of $48.40. The stock’s 50 day moving average is $40.02 and its 200-day moving average is $36.94. The stock has a market capitalization of $8.68 billion, a PE ratio of 17.37 and a beta of 1.71.
Analysts Set New Price Targets
A number of research firms recently commented on ERJ. Bank of America raised their price objective on shares of Embraer from $40.00 to $55.00 and gave the stock a “buy” rating in a research note on Thursday, November 21st. UBS Group cut Embraer from a “neutral” rating to a “sell” rating and raised their target price for the stock from $29.00 to $32.00 in a research report on Tuesday, November 19th. StockNews.com lowered Embraer from a “buy” rating to a “hold” rating in a research report on Saturday, February 22nd. Finally, TD Cowen upgraded Embraer to a “strong-buy” rating in a research report on Thursday, December 19th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $40.50.
About Embraer
Embraer SA designs, develops, manufactures, and sells aircraft and systems in North America, Latin America, the Asia Pacific, Brazil, Europe, and internationally. The company operates through Commercial Aviation; Defense & Security; Executive Aviation; Services & Support; and Other segments. The Commercial Aviation segment designs, develops, manufactures, and sells commercial jets, as well as leases aircraft.
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