Embraer S.A. (NYSE: ERJ) is 70.19% higher on its value in year-to-date trading and has touched a low of $3.96 and a high of $10.80 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ERJ stock was last observed hovering at around $10.51 in the last trading session, with the day’s gains setting it 1.08% off its average median price target of $8.88 for the next 12 months. It is also 14.15% off the consensus price target high of $13.50 offered by 10 analysts, but current levels are -131.8% lower than the price target low of $5.00 for the same period.
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Currently trading at $11.59, the stock is 16.53% and 32.46% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.31 million and changing 10.28% at the moment leaves the stock 78.33% off its SMA200. ERJ registered 70.44% gain for a year compared to 6-month gain of 146.60%. The firm has a 50-day simple moving average (SMA 50) of $9.35 and a 200-day simple moving average (SMA200) of $6.75.
The stock witnessed a 36.19% loss in the last 1 month and extending the period to 3 months gives it a 71.96%, and is 15.78% up 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 4.87% over the week and 6.39% over the month.
Embraer S.A. (ERJ) has around 18734 employees, a market worth around $2.12B and $2.48B in sales. Profit margin for the company is -34.60%. Distance from 52-week low is 192.68% and 7.31% 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”. 10 analysts offering their recommendations for the stock have an average rating of 3.10, where 5 rate it as a Hold and 0 think it is a “Overweight”. 2 of the analysts rate the stock as a “Buy”. 3 analysts have rated the stock as a Sell or Underperform.
Embraer S.A. is expected to release its quarterly report on 07/29/2021 and quarterly earnings per share for the current quarter are estimated at -$0.33 with sales reaching $759.11M over the same period.The EPS is expected to grow by 13.30% this year, but quarterly earnings will post 16.50% year-over-year. Quarterly sales are estimated to grow 19.80% in year-over-year returns.
Embraer S.A. (ERJ) Top Institutional Holders
153 institutions hold shares in Embraer S.A. (ERJ), with institutional investors hold 35.24% of the company’s shares. The shares outstanding are 184.04M, and float is at 175.18M with Short Float at 6.54%. Institutions hold 35.24% of the Float.
The top institutional shareholder in the company is Brandes Investment Partners L.P. with over 24.64 million shares valued at $167.81 million. The investor’s holdings represent 13.31% of the ERJ Shares outstanding. As of Dec 30, 2020, the second largest holder is Oldfield Partners LLP with 5.28 million shares valued at $35.97 million to account for 2.85% of the shares outstanding. The other top investors are Hotchkis & Wiley Capital Management, LLC which holds 5.0 million shares representing 2.70% and valued at over $34.03 million, while Dimensional Fund Advisors LP holds 1.37% of the shares totaling 2.53 million with a market value of $17.23 million.
Embraer S.A. (ERJ): Who are the competitors?
The company’s main competitors (and peers) include Lockheed Martin Corporation (LMT) that is trading 8.65% up over the past 12 months and AAR Corp. (AIR) that is 129.36% higher over the same period. Spirit AeroSystems Holdings Inc. (SPR) is 166.99% up on the 1-year trading charts. Short interest in the company’s stock has fallen -26.91% from the last report on Mar 14, 2021 to stand at a total of 11.46 million short shares sold with a short interest ratio of 1.7.