Embraer (ERJ) Projected to Post Earnings on Thursday

Embraer (NYSE:ERJ) is anticipated to release its earnings data before the market opens on Thursday, February 27th. Analysts expect Embraer to post earnings of $0.47 per share and revenue of $2.21 billion for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Embraer Stock Performance

Shares of Embraer stock opened at $42.19 on Wednesday. Embraer has a fifty-two week low of $18.16 and a fifty-two week high of $46.10. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.56 and a quick ratio of 0.76. The firm has a market capitalization of $7.75 billion, a P/E ratio of 15.51 and a beta of 1.71. The company’s 50 day moving average price is $39.64 and its two-hundred day moving average price is $36.82.

Analyst Ratings Changes

A number of brokerages have weighed in on ERJ. UBS Group lowered shares of Embraer from a “neutral” rating to a “sell” rating and raised their target price for the company from $29.00 to $32.00 in a research report on Tuesday, November 19th. TD Cowen upgraded shares of Embraer to a “strong-buy” rating in a research report on Thursday, December 19th. Bank of America lifted their price target on shares of Embraer from $40.00 to $55.00 and gave the stock a “buy” rating in a report on Thursday, November 21st. Finally, StockNews.com lowered shares of Embraer from a “buy” rating to a “hold” rating in a report on Saturday. One analyst has rated the stock with a sell rating, one has given a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Embraer has a consensus rating of “Moderate Buy” and an average target price 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.