Embraer S.A. ADR (NYSE: ERJ) Seen Running Too Hot, Let’s Look At This More Closely

Currently, there are 183.66M common shares owned by the public and among those 183.56M shares have been available to trade.

However, the script later moved the day high at 25.22, up 6.77%. The company’s stock has a 5-day price change of 18.03% and 30.44% over the past three months. ERJ shares are trading 35.88% year to date (YTD), with the 12-month market performance up to 65.04% higher. It has a 12-month low price of $12.48 and touched a high of $23.90 over the same period. ERJ has an average intraday trading volume of 1.34 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 21.72%, 32.07%, and 52.94% respectively.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Institutional ownership of Embraer S.A. ADR (NYSE: ERJ) shares accounts for 37.39% of the company’s 183.66M shares outstanding.

It has a market capitalization of $4.60B and a beta (3y monthly) value of 1.64. The stock’s trailing 12-month PE ratio is 28.35, while the earnings-per-share (ttm) stands at $0.88. The company has a PEG of 1.67 and a Quick Ratio of 0.93 with the debt-to-equity ratio at 1.07. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.88% over the week and 3.24% over the month.

Analysts forecast that Embraer S.A. ADR (ERJ) will achieve an EPS of -$0.13 for the current quarter, $0.15 for the next quarter and $1.69 for 2025. The lowest estimate earnings-per-share for the quarter is -$0.16 while analysts give the company a high EPS estimate of -$0.11. Comparatively, EPS for the current quarter was -$0.48 a year ago. Earnings per share for the fiscal year are expected to increase by 32.33%, and 42.58% over the next financial year.

Looking at the support for the ERJ, a number of firms have released research notes about the stock. HSBC Securities stated their Hold rating for the stock in a research note on February 06, 2024, with the firm’s price target at $18-$19. Citigroup coverage for the Embraer S.A. ADR (ERJ) stock in a research note released on October 16, 2023 offered a Buy rating with a price target of $16. UBS was of a view on January 09, 2023 that the stock is Buy, while Wolfe Research gave the stock Outperform rating on October 11, 2022, issuing a price target of $14. Morgan Stanley on their part issued Overweight rating on January 20, 2022.

Most Popular

Related Posts