Why has Embraer S.A. (ERJ) dropped -3.66% in last trading?

Embraer S.A. (NYSE: ERJ) is -7.20% lower on its value in year-to-date trading and has touched a low of $3.96 and a high of $20.03 in the current 52-week trading range. The ERJ stock was last observed hovering at around $6.56 in the last trading session, with the day’s loss setting it -0.24% off its average median price target of $8.00 for the next 12 months. It is also 39.69% off the consensus price target high of $10.48 offered by 9 analysts, but current levels are -58.0% lower than the price target low of $4.00 for the same period.


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Currently trading at $6.32, the stock is -7.09% and 2.98% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.73 million and changing -3.66% at the moment leaves the stock 8.11% off its SMA200. ERJ registered -67.90% loss for a year compared to 6-month gain of 4.12%. The firm has a 50-day simple moving average (SMA 50) of $6.74 and a 200-day simple moving average (SMA200) of $5.65.

The stock witnessed a -9.06% loss in the last 1 month and extending the period to 3 months gives it a 31.67%, and is 0.00% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.23% over the week and 4.31% over the month.

Embraer S.A. (ERJ) has around 18734 employees, a market worth around $1.17B and $2.58B in sales. Profit margin for the company is -34.60%. Distance from 52-week low is 59.60% and -68.45% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.40%).

Embraer S.A. (ERJ) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Embraer S.A. (ERJ) is a “Hold”. 9 analysts offering their recommendations for the stock have an average rating of 3.10, where 7 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.

Embraer S.A. is expected to release its quarterly report on 04/29/2021 and quarterly earnings per share for the current quarter are estimated at -$0.33 with sales reaching $1.53B over the same period.The EPS is expected to grow by 13.30% this year, but quarterly earnings will post -37.20% year-over-year. Quarterly sales are estimated to shrink -26.50% in year-over-year returns.

Embraer S.A. (ERJ) Top Institutional Holders

149 institutions hold shares in Embraer S.A. (ERJ), with institutional investors hold 34.95% of the company’s shares. The shares outstanding are 184.04M, and float is at 175.18M with Short Float at 3.49%. Institutions hold 34.95% of the Float.

The top institutional shareholder in the company is Brandes Investment Partners L.P. with over 24.26 million shares valued at $106.99 million. The investor’s holdings represent 25.61% of the ERJ Shares outstanding. As of Sep 29, 2020, the second largest holder is Hotchkis & Wiley Capital Management, LLC with 5.27 million shares valued at $23.23 million to account for 5.56% of the shares outstanding. The other top investors are Oldfield Partners LLP which holds 4.27 million shares representing 4.51% and valued at over $18.84 million, while Dimensional Fund Advisors LP holds 3.10% of the shares totaling 2.94 million with a market value of $12.96 million.

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Embraer S.A. (ERJ): Who are the competitors?

The company’s main competitors (and peers) include Lockheed Martin Corporation (LMT) that is trading -18.40% down over the past 12 months. Spirit AeroSystems Holdings Inc. (SPR) is -42.15% down on the 1-year trading charts. Short interest in the company’s stock has risen 16.18% from the last report on Nov 12, 2020 to stand at a total of 5.13 million short shares sold with a short interest ratio of 1.9.

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