Is Wall Street High Or Low On Embraer S.A. (ERJ)?

Embraer S.A. (NYSE:ERJ) finished Wednesday with an addition of $0.07 to close at $18.88, an upside of 0.37 percent. An average of 1,958,360 shares of common stock have been traded in the last five days. There was a gain of $1.77 in the past week. The last 20 days have seen an average of 1,996,980 shares traded, while the 50-day average volume stands at 2,177,776.

ERJ stock has increased by 16.18% in the last month. The company shares reached their 1-month lowest point of $14.92 on 09/20/21. With the stock rallying to its 52-week high on 10/13/21, shares of the company touched a low of $3.96 and a high of $19.11 in 52 weeks. In spite of this, the price is down -1.20% from the 52-week high.


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Valuation Metrics

Embraer S.A. (ERJ) has a trailing price-to-earnings (P/E) ratio of 18.50 for the broader industry and 28.57 for the sector. In the last five years, Embraer S.A.’s PE ratio has ranged between 51.56 and 8.215. The stock’s beta is 1.13. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.77, the price-to-book (PB) ratio at 1.38.

The company’s most recent quarterly dividend payment was $0.0103 a share, representing a up of 7.77 from $0.0095 last year.

The quick ratio of Embraer S.A. for the three months ended June 29 was 1.30, and the current ratio was 2.10, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 1.29 and a total debt to equity ratio of 1.58 for the quarter ending June 29. On the profitability front, the trailing 12-month gross margin is 12.20% against a 5-year average of 14.8%. Embraer S.A.’s EBITDA margin for the year ending June 29 is 4.24%, while its operating margin for the same period stands at 3.70%. Its gross profit as reported stood at $477.6 million compared to revenue of $3.77 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Embraer S.A.’s return on assets was -1.30%, compared to -1.5% over the last five years. In the past year, the return on investment has been -5.20%, and the 5-year average is -2.6%. Meanwhile, the return on equity (ROE) for the past 12 months has been -4.80% and the 5-year average holds at -5.0%. For the broader industry, ROE averaged 8.06 over the past year.

Earnings Surprise

In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $3.77 billion in the quarter, while revenues of $0.0 were grew 30.57%. The analyst consensus anticipated Embraer S.A.’s latest quarter earnings to come in at -$0.28 per share, but it turned out to be $0.24, a 185.70% surprise. For the quarter, EBITDA amounted to $201.9 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Embraer S.A. (ERJ) price momentum. RSI 9-day as of the close on 13 October was 67.35%, suggesting the stock is Neutral, with historical volatility in this time frame at 49.99%.

As of today, ERJ’s price is $18.43 +10.34% or $1.77 from its 5-day moving average. ERJ is currently trading +14.98% higher than its 20-day SMA and +51.89% higher than its 100-day SMA. However, the stock’s current price level is +29.23% above the SMA50 and +186.06% above the SMA200.

The stochastic %K and %D were 91.07% and 89.20%, respectively, and the average true range (ATR) was 0.83. With the 14-day stochastic at 90.45% and the average true range at 0.84, the RSI (14) stands at 63.22%. The stock has reached 0.86 on the 9-day MACD Oscillator while the 14-day reading was at 1.09.

Analyst Ratings

Goldman upgraded Embraer S.A. (NYSE: ERJ) to a a Buy rating in its most recent analyst report. Previously, the stock was rated as a a Neutral.The consensus rating for Embraer S.A. (ERJ) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell ERJ, while 4 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 7 others rate it as a “buy”.

What is ERJ’s price target for the next 12 months?

Analysts predict a range of price targets between $16.00 and $30.00, with a median target of $20.50. Taking a look at these predictions, the average price target given by analysts for Embraer S.A. (ERJ) stock is $22.00.

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