As of Thursday close, Embraer S.A.’s (NYSE:ERJ) stock was down -$0.51, moving down -3.47 percent to $14.20. The average number of shares traded per day over the past five days has been 1,021,800 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.38 fall in that time frame. In the last twenty days, the average volume was 1,075,235, while in the previous 50 days, it was 1,296,966.
Since last month, ERJ stock retreated -8.15%. Shares of the company fell to $14.09 on 09/21/23, the lowest level in the past month. A 52-week high of $17.14 was reached on 06/15/23 after having rallying from a 52-week low of $8.52. Since the beginning of this year, ERJ’s stock price has risen by 29.92% or $3.27, and marked a new high 32 times. However, the stock has declined by -17.15% since its 52-week high.
Valuation Metrics
The stock’s beta is 1.32. Besides these, the trailing price-to-sales (P/S) ratio of 0.50, the price-to-book (PB) ratio of 1.05.
The latest dividend of $0.0103 per share was paid out, which is 8.42% more than last year’s $0.0095.
Financial Health
In the recent quarter, Embraer S.A.’s quick ratio stood at 0.80, while its current ratio was 1.50, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the recent quarter was 1.07, and the total debt-to-equity ratio was 1.42. On the profitability front, the trailing twelve-month gross margin is 18.00% percent. In the recent year, EBITDA margin amounted to 8.71%, whereas operating margins totaled 3.50%. Based on annual data, ERJ earned $912.2 million in gross profit and brought in $4.54 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -1.80%. Return on equity (ROE) for the past 12 months was -3.90%.
According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. ERJ’s revenue rose 7.56% during the quarter, while net income inched up to $4.54 billion. During the quarter, the company generated $128.6 million in EBITDA. The liabilities of Embraer S.A. were 7.97 billion at the end of its most recent quarter, and its total debt was $17.15 billion.
Technical Picture
This quick technical analysis looks at Embraer S.A.’s (ERJ) price momentum. With a historical volatility rate of 28.25%, the RSI 9-day stood at 34.56% on 21 September.
With respect to its five-day moving average, the current Embraer S.A. price is down by -2.61% percent or -$0.38. At present, ERJ shares trade -10.86% below its 20-day simple moving average and -8.09% percent below its 100-day simple moving average. However, the stock is currently trading approximately -3.40% below its SMA50 and +32.46% above its SMA200.
Stochastic coefficient K was 9.57% and Stochastic coefficient D was 9.76%, while ATR was 0.46. Given the Stochastic reading of 5.53% for the 14-day period, the RSI (14) reading has been calculated as 38.61%. As of today, the MACD Oscillator reading stands at -0.17, while the 14-day reading stands at -0.45.
Analyst Ratings
UBS launched its rating on Embraer S.A. (NYSE: ERJ) to a Buy in a note to investors on January 09, 2023. Embraer S.A. (ERJ) has been rated Buy by analysts. According to 0 brokerage firms, ERJ is a sell, and 3 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Embraer S.A. stock as buy, with 10 recommending it as overweight.
With a median target price of $19.50, the current consensus forecast for the stock is $15.00 – $28.00. Based on these forecasts, analysts predict Embraer S.A. (ERJ) will achieve an average price target of $20.05.
